Arqit news and trends

EMEA Daily: Zambia-Based Union54 Raises $12M; Francois Pinault, I2PO Buy Deezer for Over $1B
International // April 18, 2022

In today’s top Europe, Middle East and Africa news, the Zambian card-issuing company Union54 raised $12 million in seed funding. Plus, music-streaming platform Deezer may be going public as part of a $1 billion acquisition by Francois Pinault and I2PO. Streaming Subscriptions Decline in UK...

Report: UK Encryption Startup Arqit Overstates Its Outlook
Cybersecurity // April 18, 2022

The viability of U.K. cybersecurity startup Arqit’s proposed approach to encryption technology is overstated, The Wall Street Journal reported on Monday (April 18), citing unnamed sources and documents seen by the news outlet. The report said the startup fed investors spoonfuls of optimism regarding future...

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Report: UK Encryption Startup Arqit Overstates Its Outlook

April 18, 2022
The viability of U.K. cybersecurity startup Arqit’s proposed approach to encryption technology is overstated, The Wall Street Journal reported on Monday (April 18), citing unnamed sources and documents seen by the news outlet. The report said the startup fed investors spoonfuls of optimism regarding future revenue and the workability of its system. The company went […]