Russian cyber criminals hack Iranian hackers to disguise attacks October 21, 2019 A Russian cyber crime group hacked into a rival Iranian outfit so that it could carry out attacks in disguise, an investigation by cyber spooks has revealed. The so-called Turla group took control of tools and infrastructure belonging to an Iranian organisation known as Oilrig before launching cyber attacks on more than 35 countries. Read [...]
Micro Focus shares sink as Open Text denies it might buy British IT firm October 21, 2019 Micro Focus’ share price fell to a 19-month low today after a potential buyer ruled out an acquisition of the troubled British IT firm. Open Text has flat out denied a Bloomberg report last week that the Canadian firm was weighing up a bid. Read more: Micro Focus overhauls exec pay after shareholder backlash “Open [...]
SAP strikes three-year cloud computing deal with Microsoft October 21, 2019 Software company SAP said today it had agreed a three-year deal with Microsoft to help its large business customers move business processes into the cloud. The partnership, called Embrace, aims to help clients run operations hosted at remote servers supported by SAP’s S/4HANA database. Read more: Software giant SAP to buy Qualtrics for $8bn days [...]
Avast boosts cyber security sales to $218m October 18, 2019 Avast posted growing sales in its third quarter despite shedding off its managed workplace and business divisions, it reported today. The cyber security outfit said revenue rose nine per cent year on year for the three months to the end of September to $218.3m (£170m). Meanwhile adjusted earnings before interest, tax, depreciation and amortisation (Ebitda) [...]
Government taps UK tech firm Arm as it unveils £50m cyber fund October 18, 2019 The government has partnered with UK tech giant Arm as it pumps more than £50m into a new programme to improve the country’s cybersecurity. Chipmaker Arm, which was bought by Softbank in 2016, will receive £36m to develop new chip technology that is more resistant to cyber attacks. Read more: EU warns of cyber risks [...]
Facebook co-founder launches anti-monopoly trust October 17, 2019 One of Facebook’s co-founders has launched a $10m (£7.8m) anti-monopoly trust in an attempt to place extra scrutiny on big tech firms. Chris Hughes will launch the fund to support academic and policy research into market power. Read more: Facebook suffers a drop in brand value as consumer trust slides It will be a part [...]
Hearthstone is caught in a Blizzard over Hong Kong protest October 17, 2019 The protests in Hong Kong have featured prominently in the news cycle since kicking off in March. All across the world, we’ve seen extensive coverage of the outbreaks of violence, as well as the excessive use of force by police to suppress the demonstrations. It’s likely that you’ve been following the story, but what you [...]
What does Britain need? More robots October 17, 2019 On Monday, the Queen’s Speech set out the government’s legislative plans, starting with tackling all things Brexit, before laying out a radical programme to shake the country out of its current torpor. Leaving aside whether any of this legislative programme manages to get through parliament, I would argue that one of the most critical issues [...]
Facebook suffers drop in brand value as consumer trust slides October 17, 2019 Facebook has suffered a second successive annual decline in its brand value as the social media firm faces a backlash over data use and its faltering move into digital currency. The Silicon Valley giant has dropped out of the top 10 rankings of the world’s most valuable brands, suffering a decline of almost 12 per [...]
AI marketing sector attracts $2.5bn of investment in 2018 October 17, 2019 Artificial intelligence (AI) marketing companies bagged $2.5bn of investment last year as marketers turned to the new technology to help analyse huge troves of data. Last year’s investment surge has continued into 2019, with $1bn invested in the second quarter alone, according to figures compiled by tech investment firm GP Bullhound. Read more: Meet the [...]
