undersea

This story about a billion dollar scam to build an undersea Arctic cable is wild

Last year, the CEO of Quintillion, an Alaskan company trying to build a trans-Arctic undersea cable, was charged with wire fraud after forging contracts to help raise more than $250 million from investors. This week, Bloomberg posted a captivating feature about how that CEO nearly pulled off the scam of a lifetime. It’s a fascinating […]

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Ousting Huawei, Australia finishes laying undersea internet cable for Pacific allies

SYDNEY (Reuters) – The final piece of Australia’s A$137 million ($92.53 million) undersea cable to bring high-speed internet to the Solomon Islands and Papua New Guinea was laid on Wednesday, with Canberra seeking to repulse Chinese influence in the Pacific. An internet LAN cable is pictured in this photo illustration taken in Sydney June 23,

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