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Intel Sheds McAfee
Intel has sold the Intel Security business for $3.5bn less than it paid for it six years ago.
Intel Security, previously and better known as McAfee, has been sold to private equity firm TPG for $4.2bn, despite Intel paying $7.7bn for it in 2010.
The chip firm will receive $3.1bn in cash as part of the transaction and retain a 49 per cent minority stake. TPG will take control with a 51 per cent stake, and will invest $1.1bn in the company.
Intel Security is based on the McAfee business and was renamed two years ago. The company will revert to the better known McAfee brand, despite John McAfee reportedly suing Intel over the use of his name.
The transaction is expected to close in the second quarter of 2017, and Chris Young, general manager of Intel Security Group, will become CEO of McAfee.
Young described TPG in an open letter to stakeholders as a “seasoned technology investor” that was “attracted to our current momentum and long-term potential”.
He claimed that McAfee currently protects “more than a quarter of a billion endpoints” and more than 200 million consumers, and is present in two thirds of the world’s 2,000 largest companies.
Intel CEO Brian Krzanich claimed that, despite the sale, security “remains important in everything we do at Intel”.
“We will continue to integrate industry-leading security and privacy capabilities in our products from the cloud to billions of smart, connected computing devices,” he added.
Bryan Taylor, a partner at TPG, said that the company had “long identified the cyber security sector, which has experienced strong growth due to the increasing volume and severity of cyber attacks, as one of the most important areas in technology”.
Intel’s acquisition of McAfee Security in 2010 was intended to enable the company to beef up security around PCs and sell McAfee antivirus and other security software around its core business.
However, the combination never worked as the money to be made in the security business became increasingly focused on the data center and cloud computing.
Courtesy-TheInq
Facebook Goes End To End
Facebook Inc announced that it began testing end-to-end encryption on its popular Messenger application to prevent snooping on digital conversations.
The limited testing on Messenger, which has more than 900 million users, comes three months after Facebook rolled out end-to-end encryption to its more popular WhatsApp, a messaging application with over 1 billion users that it acquired in October 2014.
The move comes amid widespread global debate over the extent to which technology companies should help law enforcement snoop on digital communications.
End-to-end encryption is also offered on Apple Inc’s iMessage platform as well as apps including LINE, Signal, Viber, Telegram and Wickr.
Facebook Messenger uses the same encryption technology as WhatsApp, which uses a protocol known as Signal that was developed by privately held Open Whisper Systems.
“It seems well designed,” said Matthew Green, a Johns Hopkins University cryptologist who helped review an early version of the protocol for Facebook.
While WhatsApp messages are encrypted by default, Facebook Messenger users must turn on the feature to get the extra additional security protection, which scrambles communications so they can only be read on devices at either end of a conversation.
Facebook said that it was requiring users to opt in to encryption because the extra security is not compatible with some widely used Messenger features.
“Many people want Messenger to work when you switch between devices, such as a tablet, desktop computer or phone,” the company said in an announcement on its website. “Secret conversations can only be read on one device and we recognize that experience may not be right for everyone.”
Facebook also said that Messenger users cannot send videos or make payments in encrypted conversations.
Courtesy-http://www.thegurureview.net/aroundnet-category/end-to-end-encryption-comes-to-facebook-messenger.html
Is Intel Going To Dump McAfee
Intel has run out of ideas about what it is going to do with it its security business and is apparently planning to flog it off.
Five years ago Intel bought McAfee for $7.7bn acquisition. Two years ago it re-branded it as Intel Security. There was talk about chip based security and how important this would be as the world moved to the Internet of Things.
Now the company has discussed the future of Intel Security with bankers, including potentially the outfit. The semiconductor company has been shifting its focus to higher-growth areas, such as chips for data center machines and Internet-connected devices, as the personal-computer market has declined.
The security sector has seen a lot of interest from private equity buyers. Symantec said earlier this month it was acquiring Web security provider Blue Coat for $4.65 billion in cash, in a deal that will see Silver Lake, an investor in Symantec, enhancing its investment in the merged company, and Bain Capital, majority shareholder in Blue Coat, reinvesting $750 million in the business through convertible notes.
However Intel’s move into the Internet of Things does make it difficult for it to exit the security business completely. In fact some analysts think it will only sell of part of the business and keep some key bits for itself.
Courtesy-Fud
Groupon Starts Fight With IBM
May 16, 2016 by admin
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The online marketplace Groupon Inc has filed a lawsuit against IBM Corp, accusing it of infringing a patent related to technology that assists businesses to solicit customers based on the customers’ locations at a given moment.
Groupon filed its lawsuit on Monday with the federal court in its hometown of Chicago, two months after IBM accused Groupon of patent infringement in a separate lawsuit.
“IBM is trying to shed its status as a dial-up-era dinosaur” by infringing the rights of “current” technology companies such as Groupon, according to Groupon spokesman Bill Roberts.
The latest lawsuit concerns IBM’s WebSphere Commerce platform, which Groupon said lets merchants send messages to customers with GPS-enabled devices based on their real-time locations, and their use of social media including Facebook.
Groupon said the platform infringes a December 2010 patent, and that it deserves royalties based on the “billions of dollars” of revenue that Armonk, New York-based IBM has received through its infringement.
“IBM, a relic of once-great 20th Century technology firms, has now resorted to usurping the intellectual property of companies born this millennium,” Groupon said in its lawsuit.
On March 2, IBM accused Groupon in a federal lawsuit in Delaware of infringing four patents, including two related to Prodigy, a late-1980s forerunner to the Internet.
“Over the past three years, IBM has attempted to conclude a fair and reasonable patent license agreement with Groupon, and we are disappointed that Groupon is seeking to divert attention from its patent infringement by suing,” Shelton said.
The Chicago case is Groupon Inc v International Business Machines Corp, U.S. District Court, Northern District of Illinois, No. 16-05064. The Delaware case is International Business Machines Corp v Groupon Inc, U.S. District Court, District of Delaware, No. 16-00122.
Source-http://www.thegurureview.net/aroundnet-category/groupon-gets-into-patent-fight-with-ibm.html
FCC Approves Use Of BYOCB
February 11, 2016 by admin
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In a sweeping change of course directed at a tightly controlled television industry, cable and satellite operators in the United States will now be obligated to let their customers freely choose which set-top boxes they can use, according to a proposal announced by the Federal Communications Commission on Wednesday.
The move is expected to have wide-ranging implications for large technology companies looking to get their brand names into every consumer’s living room. For example, under the new rules, Google, Amazon and Apple would now be allowed to create entertainment room devices that blend Internet and cable programming in a way the television industry has until now resisted. Next-generation media players, including the Chromecast, Fire TV and Apple TV, would now be granted permission to line the backs of their devices with coaxial inputs and internal “smart access card” equivalents integrated right into device firmware with a simple subscription activation process.
As the Wall Street Journal notes, Senators Edward Markey of Massachusetts and Richard Blumenthal of Connecticut investigated the cable set-top box market last summer and found that the cable industry generates roughly $19.1 billion in annual revenue from cable box rentals alone.
Meanwhile, the cost of cable set-top boxes has risen 185 percent since 1995, while the cost of PCs, televisions and smartphones has dropped by 90 percent. FCC Chairman Tom Wheeler admits that these economies of scale don’t need to remain so unbalanced any longer.
The FCC says its focus will be primarily on improving day-to-day television experience. In the past, the burdensome requirements of long-term contracts tethered to clunky, unsightly cable and satellite boxes has been a major source of customer complaints.
Wheeler has also said that access to specific video content shouldn’t be frustrating to the average consumer in an age where we are constantly surrounded by a breadth of information to sift through. “Improved search functions [can] lead consumers to a variety of video content that is buried behind guides or available on video services you can’t access with your set-top box today,” Wheeler says.
The FCC is expected to vote on the proposal on Thursday, February 18th. FCC Chairman Tom Wheeler’s full statement on the commission’s new proposal can be found here.
Courtesy-Fud
PC Sales Continue The Downward Trend
Gartner is reporting the biggest slump in PC sales for almost two years. The second quarter report saw 68.4 million units shifted in the three-month period, a year-on-year reduction of 9.4 percent, and the steepest drop in seven quarters.
What’s more, the prediction is that the next quarter will see a further reduction of 4.4 percent.
It seems that the dislike of Windows 8, coupled with the impending arrival of Windows 10, has battered the sales of new PCs.
The fact that most PC users will be entitled to a free upgrade, coupled with the fact that chip and RAM technology haven’t moved on at a spectacular pace this year, has created a perfect storm among consumers who are waiting it out for their machines to be born again on 29 July (or 30, or 31, or possibly 1 August).
If you’re reading this and thinking ‘It’s just a dying market’ you’re not wrong, but you have only to look at today’s IDC figures to see that this really is made of Microsoft.
IDC is even more pessimistic than Gartner, quoting 66.1 million units, down 11.8 percent year on year.
But more importantly, when drilled down to the OEMs, you can see where the real problem lies. Apple is the only company in the top five not rooted in the Windows ecosystem.
It is also the only manufacturer to see a rise in its market share, and is now the fourth biggest vendor in the world, up 16.1 percent. Acer at number five has seen its share plummet by 25.9 percent.
Things were a bit rosier this time last year, because businesses were migrating away from Windows XP (not all of them, mind). This year, there’s no ballast and a lot of hesitation to see exactly how Windows 10 does before big orders start being deployed in enterprises.
“The price hike of PCs became more apparent in some regions due to a sharp appreciation of the US dollar against local currencies,” said Mikako Kitagawa, principal analyst at Gartner.
“The worldwide PC market experienced unusually positive desk-based growth last year due to the end of Windows XP support. After the XP impact was phased out, there have not been any major growth drivers to stimulate a PC refresh.”
IDC’s Loren Loverde, VP of worldwide PC trackers and forecasting, said: “We’re expecting the Windows 10 launch to go relatively well, though many users will opt for a free OS upgrade rather than buying a new PC.
“Competition from 2-in-1 devices and phones remains an issue, but the economic environment has had a larger impact lately, and that should stabilize or improve going forward.”
Meanwhile, Apple, despite having a tiny market share for its OS X operating system at just 7.5 percent, according to this month’s Netmarketshare figures, has managed to avoid being the winner or loser OEM by being the referee, which is a nice trick if you can do it.
Both analyst firms see the top three remaining as Lenovo, HP and Dell. Nothing to see there.
Microsoft Drops Ad Business
July 13, 2015 by admin
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Microsoft Corp that it will hand over its display advertising business to AOL Inc and sell some map-generating technology to ride-hailing app company Uber, as it scales back on unprofitable operations.
The moves mean Microsoft will focus on its growing search advertising business based on its Bing search engine, and displaying maps on its Windows devices rather than generating the maps themselves.
Microsoft, which employs hundreds of people in its display ad business around the world, said those employees would be offered the chance to transfer to AOL and that it was not making any layoffs.
The world’s largest software company no longer breaks out results for its online operations, chiefly its MSN web portal and Bing, but they have lost more than $10 billion over the past five years. Chief Executive Satya Nadella has said Bing will turn a profit next fiscal year.
“Today’s news is evidence of Microsoft’s increased focus on our strengths: in this case, search and search advertising and building great content and consumer services,” saidMicrosoft in a statement.
Under a 10-year deal struck with AOL, now a unit of Verizon Communications Inc ,AOL will sell display ads on MSN, Outlook.com, Xbox, Skype and in some apps in major countries. As part of the deal, Bing will become the search engine behind web searches onAOL starting next year.
Microsoft also struck a multi-year extension to its existing deal with AppNexus, which provides the tech platform for buyers to purchase online ads.
Microsoft and Uber did not disclose financial terms of their deal, under which Uber will take over the part of Microsoft’s mapping unit that works on imagery acquisition and map data processing. Uber will offer jobs to the 100 or so Microsoft employees working in that area, according to a source familiar with the deal.
IBM Partners With BOX
IBM and BOX have signed a global agreement to combine their strengths into a cloud powerhouse.
The star-crossed ones said in a joint statement: “The integration of IBM and Box technologies, combined with our global cloud capabilities and the ability to enrich content with analytics, will help unlock actionable insights for use across the enterprise.”
Box will bring its collaboration and productivity tools to the party, while IBM brings social, analytic, infrastructure and security services.
The move is described as a strategic alliance and will see the two companies jointly market products under a co-banner.
IBM will enable the use of Box APIs in enterprise apps and web services to make a whole new playground for developers.
The deal will see Box integrate IBM’s content management, including content capture, extraction, analytics, case management and governance. Also aboard will be Watson Analytics to study in depth the content being stored in Box.
Box will also be integrated into IBM Verse and IBM Connections to allow full integration for email and social.
IBM’s security and consulting services will be part of the deal, and the companies will work together to create mobile apps for industries under the IBM MobileFirst programme.
Finally, the APIs for Box will be enabled in Bluemix meaning that anyone working on rich apps in the cloud can make Box a part of their creation.
Box seems to be the Nick Clegg to IBM’s ham-faced posh-boy robot in this relationship, but is in fact bringing more than you’d think to the party with innovations delivered by its acquisition of 3D modelling company Verold.
What’s more, the results of these collaborations should allow another major player to join Microsoft and Google in the wars over productivity platforms.
It was announced today that Red Hat and Samsung are forming their own coalition to bring enterprise mobile out of the hands of the likes of IBM and Apple which already have a cool thing going on with MobileFirst.
ARM Buys Offspark For IoT
ARM has snaffled up Dutch Internet of Things (IoT) company Offspark.
The move is designed to improve ARM’s security credentials for IoT offerings.
Offspark is the creator of PolarSSL, a widely used protocol for IoT security products, and ARM hopes that the combined companies can offer a one-stop shop for IoT developers.
Krisztian Flautner, ARM’s IoT manager, said: “PolarSSL technology is already deployed by the leading IoT players.
“The fact that those same companies also use ARM Cortex processor and software technologies means we are now able to provide a complete bedrock solution for the industry to innovate from.”
The product will be renamed ARM Mbed TLS, but will remain open source, reports Tech Week Europe.
Paul Bakker, CEO of Offspark, added: “Security is the most fundamental aspect in ensuring people trust IoT technology and that is only possible with a truly tailored solution.
“Together, ARM and Offspark can provide security to the edge of any system and we look forward to working with our partners to help them deliver some exciting new projects.”
Developers will be able to license the technology for commercial use as well as embedding it into future ARM products.
Last week the company released the ARM Cortex-A72 processor, a 64-bit effort offering support for Android 5.x Lollipop and incorporating the big.LITTLE architecture that prioritises jobs to different processor cores based on their computational requirements.
A message on the Offspark website indicates that it has been taken down and redirects to ARM.
ARM Develops IoT For Students
ARM has created a course to teach IoT skills to students at University College London (UCL)
The course is designed to encourage graduates in science, technology, engineering and maths (Stem) to seek careers in IT.
The IoT Education Kit will teach students how to use the Mbed IoT operating system to create smartphone apps that control mini-robots or wearable devices.
Students are expected to be interested in building their own IoT business, or joining IoT-focused enterprises like ARM. The course will also try to limit the number of Stem graduates pursuing non-technology careers.
ARM reported statistics from a 2012 study by Oxford Policy and Research revealing how many engineering graduates (36 percent of males, 51 percent of females), technology graduates (44 percent, 53 percent) and computer scientists (64 percent, 66 percent) end up with non-Stem jobs.
The IoT Education Kit will be rolled out by UCL’s Department of Electronics from September 2015, with a week-long module for full-time and continuing professional development students.
The Kit comprises a complete set of teaching materials, Mbed-enabled hardware boards made by Nordic Semiconductor, and software licensed from ARM. A second teaching module for engineering graduates is being developed for 2016.
“Students with strong science and mathematical skills are in demand and we need to make sure they stay in engineering,” said ARM CTO Mike Muller.
“The growth of the IoT gives us a great opportunity to prove to students why our profession is more exciting and sustainable than others.”
UCL professor Izzat Darwazeh also highlighted the importance of Stem skills, saying that “many students are not following through to an engineering career and that is a real risk to our long-term success as a nation of innovators”.