Archive for category Security

Avast raises $100 million

Anti-virus maker Avast Software has raised $100 million from Summit Partners. This is most likely a response to Intel’s acquisition of MCAfee last week, which cost Intel $7.7 billion.

The new investment from Summit gives them a minority stake in the company, and Avast will spend the cash investing in their main product.

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Intel acquires McAfee for $7.68 billion

Chip maker Intel has made the biggest acquisition so far this year, acquiring security software maker McAfee for a big sum of $7.68 billion in cash. Intel has offered $48 per share, and the shareholders of McAfee are expected to approve the takeover. Intel will run McAfee as an independent company.

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China and Google make up, China renews Google’s license


There was a lot of heat between China and Google earlier this year, after Google got hacked and left China, but now it seems that things are alright again, as China has renewed Google’s ICP (Internet Content Provider) license, which means Google will be able to operate its search engine in the country.

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YouTube hacked via comments section


Yesterday, YouTube experienced one of its major hacking attacks, after an exploit was discovered in the way comments were posted. The attack was fixed within hours by Google, and was only used to demote teen pop idol Justin Bieber.

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Apple and AT&T sued over iPhone antenna issue

Well, it didn’t take that long, as there was probably hundreds of lawyers eager to carry a lawsuit against Apple and AT&T. It has now been filed in the state of Maryland, over reception issues with the iPhone when then phone is held a certain way.

The lawsuit accuses Apple of Defect in Design, Manufacture and Assembly, Breach of Express Warranty. On top of that, the lawsuit accuses Apple of General Negligence, Deceptive Trade Practices, Intentional Misrepresentation, Negligent Misrepresentation and Fraud by Concealment.

Yep, quite a mouthful. Apple’s lawyers have a something to do now. At least for a few days.

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iPad/AT&T hacker arrested

The guy who hacked the iPad/AT&T’s 3G serials to reveal emails, has been arrested on drug charges by the FBI. Andrew Auernheimer, a 24-year-old Arkansas native, had his house raided by the feds, and they found LSD; Ecstasy and cocaine.

However, it doesn’t appear that the authorities visited his house for drugs, but rather, as a hacker suspect.

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NTT Data acquires Intelligroup for $200 million

NTT Data, the systems integration unit of Japanese conglomerate NTT (Nippon Telegraph and Telephone), has acquired Intelligroup for $200 million.

NTT will over $4.65 per share of Intelligroup, which is 27% over the average share price in the last few months. Last year, NTT had revenues of over $10 billion, making it one of the largest companies in Japan.

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AT&T apologizes for iPad security breach


AT&T has apologized for the iPad security breach, which wasn’t much of a breach as much as it was bad design on behalf of AT&T. Their system simply needed a SIM ID, if it was the correct one, an email address would be provided. Hackers then made a script which checked random SIM ids, and found approximately 114,000 email addresses. Well, at least they apologized, but hopefully they fixed the glitch.

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