Windstream has filed for Chapter 11 bankruptcy following a $310 million dollar judgement against Windstream brought by the hedge fund Aurelius Capital Management.

The Wall Street Journal reports, "The rural broadband provider’s chapter 11 filing Monday is the culmination of a bruising 18 month legal fight between the telecom company and Aurelius, which had argued a two-year-old spinoff of the company's fiber-optic cable network violated the covenants on one of its bonds," regarding sale-leaseback restrictions.

This is a really interesting visualization produced by Tarry Singh, CEO, founder & AI Researcher at deepkapha.ai. Tarry has kindly released this on to the Interwebs for the greater good.

What Tarry is trying to demonstrate here is that No matter how big you are, failure to continuously innovate can cause your demise. While this is definitely true, I would like to add to that.

For those not familiar with the term, Unicorn is used to describe a Venture Backed company that has achieved a pre-IPO valuation over a billion dollars. While this is something that was very rare in the past, it seems like there are unicorns everywhere now.

Apple’s first big event of 2019 will be held at the Steve Jobs Theater at the Apple Campus on March 25th. The rumors are that there will be a big announcements around Apple’s subscription services offerings. There have been talks in the works for a long time around Apple offering a streaming video subscriptions service in addition to magazine subscriptions. While there have been initial complaints about the oversized cut that Apple intends to take, it still remains to be seen wha the model will be.

CRN is reporting that Palo Alto Networks is in the process of acquiring Cloud Security company RedLock for $173M.

Palo Alto has been making moves to expand its portfolio and this fits in with their desire to grow their Cloud based capabilities.