US smart cities technology and media firm Intersection has formally announced that it has received $150m in a recent funding round which was led by US conglomerate Graham Holdings Company. New investors Arrow-Mark Partners and New-Spring also invested. The strategic plan behind the financing round is to accelerate the deployment of its smart city technology on a global scale.
The United States Federal Communications Commission has urged Apple to activate the FM (frequency modulation) chips that are in iPhone to promote public safety. Commission Chairman Ajit Pai released a statement applauding those companies that have "done the right things" by activating FM chips in their phones in light of natural disasters hammering the country.
The Argentinian capital city of Buenos Aires has been named as the 'smartest city' in Latin America. The city has been recognized for its progressive digital innovation initiatives, sustainable policies and technology advancements - which has inevitably resulted in the city establishing itself as the leading 'smart city' on the continent.
A report formed to establish which cities in the United States were the 'smartest' - has found that New York, Los Angeles and Chicago are the country's leading 'smart cities'. The report examined smart cities in North America and the research was conducted by ABI Research.
South American cities are seeking investment capital for $9.5 billion in order to help them develop and construct 'smart water' infrastructure projects across the continent.
Page 6 of 10