Share via Shortlink Photo illustration of Knotel CEO Amol Sarva (Sarva by Sasha Maslov; iStock)As Knotel battles lawsuits from landlords, evictions and accusations of unpaid rent, its CEO says the flex-office provider has secured new funding.Knotel CEO Amol Sarva reportedly told staff on Monday that the company has gotten a fresh influx of cash, according to Business Insider, citing a source with knowledge of the all-hands meeting.Sarva did not disclose the amount of money raised or details about who was involved, although a source told the publication that it is a restructuring type of deal that includes equity and debt.Earlier this summer, Sarva said he had raised $10 million and wanted to raise $100 million by the end of August. Forbes reported that the new funding could cut the company’s valuation in half.In August 2019 the company said it raised $400 million through a Series C raise, which gave Knotel a valuation of at least $1.3 billion. Investors included Mori Trust, Itochu Corp, and Mercuria Investment Co, along with Newmark Knight Frank, Norwest Venture Partners, and the Sapir Organization, which is led by Alex Sapir.This year, Knotel has suffered along with other co-working companies as demand for office space has lagged during the pandemic. The company has been hit with a dozens of lawsuits over the past few months from landlords who claim they have not been paid, as well as eviction notices at two of its spaces.Knotel has also been scaling back its once-ambitious expansion plans and in November said it was looking to trim 60 percent of its 4.8 million-square-foot global portfolio. It has also cut staff several times over the course of the pandemic.[Business Insider] — Keith Larsen Share on FacebookShare on TwitterShare on LinkedinShare via Email Share via Shortlink TagsCommercial Real EstateKnoteloffice marketReal Estate Lawsuits
Secretary of the Ministry of telecommunications economic expert committee secretary general Chen Jinqiao in an interview revealed that, in addition to technical monitoring, the future will also be integrated into the whole platform, norms
held a terminal operators and Application Conference, the Ministry of Telecommunications Research Institute official disclosed that the Ministry of Telecommunications Research Institute is implementing "the support of independent intellectual property rights of the mobile intelligent terminal operating system testing and certification system development" and "mobile application software certification and management of software development the two major projects related to intelligent terminal security.
2011 shipments of smartphones have exceeded PC, people’s lives are more dependent on intelligent terminals, but the resulting security issues have become increasingly prominent.
"is a serious problem in our country, the first half of this year were intercepted 17000 types of malware, including 78% from the Android platform, the virus infection proportion has exceeded 1/4." AI media consulting CEO Zhang Yi told reporters that regulation does not mean charges, specific policies should still be studied.
, the person in charge, the technical root of mobile intelligent terminal security problems exist in the application layer, the terminal operating system layer, terminal hardware layer of these three levels. To solve these problems, in addition to the need to deal with technical measures of safety evaluation, will also involve terminal application software communication channels mobile application store and supporting the safety management of the third party application server provides the application service.
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"software on-line pre audit, on-line supervision, even through the reporting mechanism to encourage users to find security issues, after the discovery of security issues, to the application software problems to the next frame, the disposal of the relevant responsible party." The insider said.
therefore, the Ministry of Telecommunications Research Institute has established a mobile intelligent terminal security standard system, "mobile intelligent terminal security design guidelines", "mobile terminal security capabilities technical requirements" and the test method of terminal security standards have been submitted for approval, "application software store safety technical requirements", "mobile code signing technical requirements" the application store standard has been approved.
, the Ministry has been working on related initiatives." Zhu Yingbo, deputy general manager of China Telecom digital music operations center, told reporters that the technology related to mobile terminals has long been discussed.
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, the Ministry is building mobile application software certification and management services to strengthen the security management of intelligent terminals." The Ministry responsible person yesterday on the "First Financial Daily" said, at present, in order to solve the safety problems of the intelligent terminal, inside has indeed clearly need a set of Android app store and APP market management mechanism, including monitoring and inspection before the audit and after the line.
"Filing" has long discussed
At present, Android
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