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Russia demands VPN provider access | TECH(feed)

Computerworld | Apr 2, 2019

On today’s episode of TECH(feed), we talk about the first unicorn (that is, a startup valued at over $1 billion) to go public this year, whether or not United States criticism has affected Huawei revenue and how the Russian government is attempting to crack down on VPN providers.

Copyright © 2019 IDG Communications, Inc.

hey everyone, welcome back to tech feed. i’m juliet beauchamp and today let’s talk about the first unicorn start-up to go public this year, huawei’s earnings and how the russian government is cracking down on v-p-ns. stick around.

the moment we’ve been talking about for months has finally come--lyft has officially gone public, paving the way for more unicorn companies to do the same this year. lyft began trading this past friday at 72 dollars a share. expect companies like slack, pinterest and uber to follow suit in the coming months. this is all part of a larger trend of startups taking their time to go public and instead turn to private investors for funds for years. for example, lyft raised 4.9 billion dollars over the course of seven years. its competitor, uber, which is expected to go public soon, has raised 20 billion dollars over the past ten years. we’ll keep you updated as other unicorns prepare to go public this year.

and it doesn’t seem like u-s backlash is affecting huawei’s business that much--the chinese tech company announced it earned 105 billion dollars in revenue last year. profits were also high at 8 billion dollars, which is a 25 percent increase from 2017. and even as conflict has been unfolding between the united states and huawei--there’s three different ongoing legal battles between the u-s and the company--huawei revenue increased 30 percent during the first two months of 2019 compared to the year before. and this is all as the united states government is pushing allies to not use huawei equipment to build 5-g networks with little success. most countries have not banned huawei despite u-s pressure and claims huawei may use its equipment to spy on users.

the russian government body in charge of censorship has demanded 10 vpn service providers to link their russia-based servers to its network in an effort to crack down on citizens accessing banned websites. failure to comply with the order will result in the providers’ services being blocked. in response to the demand, at least five of the ten services affected have announced they will wipe and remove their russian servers and continue to allow access to russian users as long as those users can reach the providers’ servers located outside of russia. the only provider that has said it will comply with the order is kaspersky, which is headquartered in moscow.

thanks for watching today’s episode of tech feed. if you liked this video be sure to give it a thumbs up and subscribe to our channel. and be on the lookout for our first idg tech talk live twitter chat coming on thursday at 12 p.m. eastern time. i’ll be here with our social team talking about how wearables can change healthcare. follow along here and on the idg tech talk twitter. see you next time.
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