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Intel to Spin Out McAfee Unit, Sell Stake in Business to TPG

Intel Corp said it would spin out its cyber security division, formerly known as McAfee, and sell a majority stake in it to investment firm TPG for $3.1 billion in cash. TPG will own 51 percent of the new entity, valuing the entire company at $4.2 billion including debt. Intel, …

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Yahoo Studies Bids for Assets as Losses Mount

Yahoo offered no definitive word Monday on bids for the key assets of the faded Internet star, as it reported widening losses in the past quarter. In its quarterly earnings update, Yahoo made no comment on the results of the widely reported bidding efforts for its core Internet operations. Chief …

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Product Review: Movavi Photo Batch

Nowadays there are quite a lot of situations where you may need to deal with numerous images and manipulate them in certain ways. Normally it isn’t quite photo editing in the conventional sense, but rather other tasks such as converting, resizing, renaming and rotating the images so that they can …

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Symantec to Buy Blue Coat for $4.7 Billion to Boost Enterprise Unit

Technology security firm Symantec Corp said it would buy privately held cyber-security company Blue Coat for $4.65 billion (roughly Rs. 31,165 crores) in a cash deal that will ramp up Symantec’s enterprise security business. Blue Coat helps protects companies’ web gateways fromcyber-attacks, a service that will complement Symantec’s existing offerings …

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ISPs Urged to Tackle Live-Streaming of Child Sex in the Philippines

Poor families in the Philippines are pushing their children into performing live sex online for paedophiles around the globe in what one senior Unicef official called a form of “child slavery”. “There’s no limits to how cruel and gross this business is – and it’s a billion, billion-dollar business,” said …

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Facebook CEO Mark Zuckerberg’s Pinterest and Twitter Accounts Hacked

Now is a great time to change your LinkedIn password. You may recall the recent fallout from the company’s 2012 breach, when the social network for professionals revealed that many more users had been affected than previously reported – 117 million credentials were feared to have been leaked, as opposed …

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All Gram Panchayats Will Be Wi-Fi Connected by October 2018

All the gram panchayats will have the Wi-Fi connectivity by October 2018 under the Bharat Net programme, a senior government official said in New Delhi on Monday. “By October 2018, the plan is to finish coverage of all gram panchayats with Wi-Fi as the last mile solution,” Telecom Secretary J.S. …

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Microsoft, Facebook Team Up to Build Undersea Internet Cable

Microsoft and Facebook on Thursday announced they will work together to lay a high-speed Internet cable across the bottom of the Atlantic Ocean. A new, sub-sea “MAREA” cable was expected to be completed by late 2017, with the aim of meeting growing demand by the tech companies’ customers for fast, …

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Hackers Link Over 2,500 Twitter Accounts to Sex Websites: Symantec

More than 2,500 Twitter accounts have been compromised to tweet links to adult dating and sex websites, global cyber-security leader Symantec said on Tuesday. There were a number of high-profile accounts caught up in the hacking, including ones belonging to the band Chromeo, a journalist working for The Telegraph, stand-up …

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Google’s Paris Office Reportedly Raided by Investigators Over Tax Case

French investigators raided Google’s Paris headquarters on Tuesday as part of a probe over tax payments, a source close to the finance ministry told Reuters. Investigators have been probing Google’s offices in central Paris since 5:00am (3:00am GMT), said the source, who declined to be named. “A raid is underway …

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