TechTaffy

tech:

taffy

Huawei To Restrict Operations In Iran

By TechTaffy Desk

Telecommunications-equipment manufacturer Huawei Technologies is restricting its business in Iran voluntarily, despite its business in Iran been in full compliance with all applicable laws and regulations including those of the UN, US and EU.

In an official statement, the company said that it is no longer seeking new customers and limiting its business activities with existing customers due to the increasingly complex situation in Iran. The statement comes in the wake of news that the Iranian authorities were using mobile networks to track dissidents.

For communications networks that have been delivered or are under delivery to customers, Huawei says it will continue to provide necessary services to ensure communications for Iran’s citizens.

 

Just in

Series A

Tembo raises $14M

Cincinnati, Ohio-based Tembo, a Postgres managed service provider, has raised $14 million in a Series A funding round.
Around the web

Raspberry Pi is now a public company — TC

Raspberry Pi priced its IPO on the London Stock Exchange on Tuesday morning at £2.80 per share, valuing it at £542 million, or $690 million at today’s exchange rate, writes Romain Dillet. 
Fundings

AlphaSense raises $650M

AlphaSense, a market intelligence and search platform, has raised $650 million in funding, co-led by Viking Global Investors and BDT & MSD Partners.
Around the web

Elon Musk’s xAI raises $6B to take on OpenAI — VentureBeat

Confirming reports from April, the series B investment comes from the participation of multiple known venture capital firms and investors, including Valor Equity Partners, Vy Capital, Andreessen Horowitz (A16z), Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal and Kingdom Holding, writes Shubham Sharma. 
IT

Capgemini partners with DARPA to explore quantum computing for carbon capture

Capgemini Government Solutions has launched a new initiative with the Defense Advanced Research Projects Agency (DARPA) to investigate quantum computing's potential in carbon capture.