March 19, 2024

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Avast Appoints McNamee as CPO

Oct. 14, 2020 – Avast, a global leader in digital security and privacy products, has announced the appointment of Shane McNamee as Chief Privacy Officer. McNamee will oversee Avast’s global privacy strategy and drive the company’s privacy-by-design strategy.

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Waterfall Security Collaborates with Educational Organization Cybati

waterfall security

ROSH HAAYIN, Israel, March 21, 2017 — Waterfall Security Solutions, a global leader in cybersecurity technologies for critical infrastructures and industrial control systems, today announced its collaboration with the cybersecurity educational organization Cybati. [Read more…]

Outline for Ireland Digital Future

Ciara Judge

16-year-old Ciara Judge and Eventbrite’s Renaud Visage deliver keynote addresses at Silicon Republic’s Digital Ireland Forum. [Read more…]

Avoid Cybercriminals

cybercrime

You almost certainly use the Internet to access your financial accounts and statements associated with those accounts. That makes you vulnerable to cybercrime. [Read more…]

Lenovo to buy IBM server unit

lenova

Chinese PC maker Lenovo Group Ltd has agreed to buy International Business Machine Corp’s low-end server business for $2.3 billion in what would be China’s biggest technology deal.
The long-expected acquisition comes nearly a decade after Lenovo bought IBM’s money-losing ThinkPad business for $1.75 billion, eventually becoming the world leader in personal computers in 2012.

The sale of the low-end server operation – which still needs U.S. government approval – would allow IBM to focus on its decade-long shift to more profitable software and services.

The deal would increase Lenovo’s share in the server market to 14 percent from 2 percent, said Peter Hortensius, a senior vice-president at Lenovo.

The deal needs clearance from the Committee on Foreign Investment in the United States (CFIUS), which protects U.S. national security.

Chinese companies faced the most scrutiny over their U.S. acquisitions in 2012, according to a CFIUS report issued in December.

Lenovo’s purchase of IBM’s notebook division faced scrutiny before approval, and this time will be easier, analysts said.

“It’s fair to say that this deal is more likely to get through CFIUS without major problems than the 2005 transaction,” said John Reynolds, a partner at law firm Davis Polk & Wardwell in Washington, D.C. who has handled CFIUS issues for 20 years.

Reynolds saw relatively little national security risk in the deal, noting that Lenovo was well-known in the United States.

Maybank Kim Eng analyst Warren Lau noted that the System X server, among the systems to be bought by Lenovo, is based on commoditized technology and components from the United States.

This deal is likely also to win U.S. antitrust approval, perhaps within weeks, said Jonathan Lewis, an antitrust partner with Baker & Hostetler LLP. “Given that Lenovo is likely to take advantage of its lower-cost manufacturing base in China, this deal is likely to be viewed as pro-competitive.”

IBM shares edged 0.2 percent lower to $182.27 at mid-afternoon Thursday. Trading in Lenovo shares was halted before the close in Hong Kong ahead of the announcement.

Infosecurity Welcomes Safer Internet Day

Infosecurity Europe

The organisers of the Infosecurity Europe Show – held each April in London – are fully supporting the laudable aims of Safer Internet Day, which takes place this year on February 5th, noting that effective education on how to use the Internet – without compromising your security and data – is now an essential feature of modern life.  A recent poll by Infosecurity has found that the majority of organisations believe that their awareness training is reducing security breaches. [Read more…]

Demand on Facebook passwords ban

Facebook login

Facebook login

Employers in California and Illinois will be prohibited from demanding access to workers’ password-protected social networking accounts and teachers in Oregon will be required to report suspected student bullies thanks to new laws taking effect in 2013. [Read more…]

SpamTitan Named As Finalist

Email and Web security

Email and Web security company SpamTitan Technologies today announced that it has been named as finalist in the 2012 Computing Security Awards. SpamTitan was selected as a finalist along with 7 other solutions from over 80 other security solutions nominated in the same category. [Read more…]

Shiva Ayyadurai, the Inventor of Email, Honored

Shiva Ayyadurai

Shiva Ayyadurai

Ayyadurai receives innovation honor for “his seminal work in the invention of email” and for the creation of CytoSolve, a revolutionary platform for in-silico drug development. [Read more…]

Facebook Acquires Instagram

Facebook acquires instagram

Facebook acquires instagram

Facebook acquired the photo-sharing service Instagram for $1 billion in cash and stock. The two-year-old company makes photo-sharing applications that allow smartphone users to snap photos in a variety of retro styles and share them with friends on the service, over e-mail, or on a variety of other social networks. [Read more…]