Jürgen Hase writes:
Machine-to-machine communication (M2M) and the Internet of Things (IoT) run through all areas of life and work. Cars, cargo containers, parking spaces or even wristwatches and coffee cups – everything around us is on the verge of being connected.
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Mobile security specialist Lookout has arranged $55 million of strategic financing.
Investors included Deutsche Telekom and Qualcomm Ventures as well as venture capital firms Greylock Partners and Mithril Capital Management, along with current investors Accel Partners, Andreessen Horowitz, Index Ventures and Khosla Ventures.
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René Obermann, CEO of Deutsche Telekom, is planning to leave the company at the end of December next year. He’s worked at DT for 16 years and spent the last seven in charge.
Current Chief Financial Officer Timotheus Höttges will become deputy CEO next month and will take over as CEO as from January 2014.
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Deutsche Telekom has launched an online M2M Marketplace.
The new website enables manufacturers and dealers from around the world to sell their machine-to-machine communication hardware, software and applications. In the future, Deutsche Telekom also plans to offer SIM cards via the online store.
Two years after its formation at Mobile World Congress, the Wholesale Applications Community has launched the beta version of its in-application billing Network API.
The service, which enables customers to pay for digital goods via their mobile bill, is currently supported by AT&T, Deutsche Telekom, KT, LG U+, Telefonica Group, Telenor Group, Telekom Austria Group, SKT and SMART Communications.
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