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DC Inno Beat - Inside UVa.'s Incubator, Internet Shortage, Did Hackers Expose a Sketchy Cyber Firm?



Last night, the U.S. Women's National Soccer team put on a show. They won the FIFA Women's World Cup in glorious fashion by scoring four goals in less 30 minutes to start the game against Japan. Carli Lloyd led the team with a hat trick and her last goal was pure magic. (Here's a video)

...Moving On

THE BIG ONE

ChrisHacking Team, the controversial Milan, Italy-based cyber surveillance and security company that sells spyware to a number of state actors in addition to the U.S.’s Drug Enforcement Administration and FBI, appears to have been hacked. Hacking Team’s products enable clients to remotely monitor the activities of citizens via their digital devices while also collecting location data.

The apparent breach has surfaced about 400 GB of sensitive records, including business contracts, financial documents, client details, surveillance blacklists and internal emails, for public download via a torrent posted to Hacking Team’s Twitter page late last night. It could be especially damaging due to the nature of the company’s clients and the sensitive information the organization stored, which is now public. Hacking Team has never itself revealed a list of its clients. The company's clients reportedly include a number of dictatorships and private corporations… Read moreCyber Surveillance Firm Exposed by Hackers?

EricNot totally surprising if the reports are accurate, as the company clearly was making plenty of enemies. And honestly that client list should make the U.S. swear off giving Hacking Team any more money.

MAKING MOVES

EricWe’re running out of Internet. Or at least, we are almost out of addresses in the IPv4 system, which is by far the most widely used format for defining a computer's unique address. The American Registry for Internet Numbers announced at the end of last week that requests for addresses will start getting added to a wait-list as the group can only dole out smaller amounts to companies trying to acquire them — about 4B addresses remain. At the moment, the price per address ranges from about $6 to above $12, according to the IPv4 Market Group, but those prices may soon rise... Read More: Here's What Happens When We Run Out of Internet

ChrisThe University of Virginia has its own tech incubator and it’s helping develop student run startups. Eric took a look at a number of these young companies and the aspiring entrepreneurs behind them. Based out of UVa.’s Darden School of Business, the program accepts non-MBA students, local/community applications and joint projects that are coordinated betweens UVa. students and faculty. Check out seven of these rising companies… Read more7 Startups to Watch Out of UVa's i.Lab Incubator

Eric: I really enjoy seeing some of the ideas getting cooked up in the incubators at universities. Not every one of them is a world-changer and plenty may be trying to get into an already crowded field, but even if the companies launched in the incubators stall out, the lessons from it can be applied to their next endeavor.

THE DOWNLOAD

ChrisThe International Space Station (ISS) received a much needed supply shipment over the weekend via an unmanned Russian cargo ship. It came only one week after a failed U.S. supply mission led by Elon Musk’s SpaceX Falcon 9 rocket broke apart during liftoff. SpaceX is part of a running contract with NASA to supply the space station. Elsewhere, NASA is also battling a budget bill approved by the Senate Appropriations subcommittee that would slash resources used to further fund the development of another SpaceX project to transport astronauts to ISS. (Read more in the DC Download.)

Eric: The Russian and then SpaceX failures to reach the ISS make this successful shipment even more important than it would have normally been. SpaceX's perfect streak of trips to the ISS had to be broken some time—let's hope that the short-sighted legislators who want to slash NASA's budget don't succeed in using this accident to get their way.

IN THE COMMUNITY

ChrisWe've got a great set of startup and networking events for you to check out this week, including a WeWork sponsored pitch competition and drone flying lessons: DC Inno Approved: Tech Events to Know About This Week (7/6-7/12)

REACH OUT

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