Saturday, October 2, 2021

1NCE, which offers cloud-based IoT connectivity services, raises $50M from SoftBank, Deutsche Telekom, and others, claims it manages 10M connections worldwide (Mary Lennighan/Telecoms.com)

Mary Lennighan / Telecoms.com:
1NCE, which offers cloud-based IoT connectivity services, raises $50M from SoftBank, Deutsche Telekom, and others, claims it manages 10M connections worldwide  —  Germany's 1NCE, an IoT connectivity specialist, has raised US$50 million in new financing to help fund its international expansion and drive growth.



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Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903M, below ~$1.2B est., as it pushes self-developed games (Sherry Qin/Wall Street Journal)

Sherry Qin / Wall Street Journal : Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903...