Ashton Carter, US Deputy Secretary of Defense outlined six ways the Department of Defense is taking action the way as today – according to him, DOD is spending about half a trillion to run the projects that will result in for the preparation for cyber war, reports VentureBeat. The DOD is charged of protecting the country not only from the physical weapons but also with cyber weapons. Former National Security Agency director Mike McConnell pointed, “If terrorists find their way into our banks, the ensuing economic havoc could result...
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The publicly-listed provider of the cloud-based marketing and PR software, Vocus has reportedly acquired an email marketing company name iContact for small and medium sized businesses. The acquisition comes at a price of $169 million, reports TechCrunch. iContact has raised around $53.3 million to date. The acquired company also allows users to track email campaign,...
I called this news a little “funnier” – if you do remember about the Megaupload founder Kim Dotcom, the accused pirate who was released on bail last week, asking a New Zealand court to free some of his seized assets so that he and his family have money to live on – the couple said they need the amount equivalent to $180,000 per month, New Zealand newspaper...
The Hacker group Anonymous which is in the news for some time for one reason to another – hacked many of the websites worldwide – global police agency, Interpol sweep twenty-five suspected members of the group from both Europe and South America was in response to cyberattacks on government websites in Colombia and Chile. Interpol said, the sweep, dubbed “Operation...
Intel which already put up a lot of its future plans and happening during its MWC conference has decided to discontinue its membership in the semiconductor industries statistics-gathering organization, reports WSJ. According to the publication, “Intel is taking a move in order to raise concerns about the future quality of data that has been a mainstay of chip-market watchers.” The Silicon Valley company’s decision follows that of rival Advanced Micro Devices Inc., which moved to end its membership in the non-profit group known...
Toshiba has announced that it has entered into a “definitive agreement” with Western Digital Corporation on account of Toshiba’s acquisition of Western Digital’s 3.5-inch HDD manufacturing equipments and related intellectual property. Both the companies are aiming to complete the acquisition and transfer by March of this year after obtaining approval from...
America Online (AOL) has recently been targeted by activist shareholder Starboard Value, which put up an alternate slate of directors last week in a brewing proxy battle – adding more to the news – people in the three major announced that they were resigning from the company. The first is AOL’s CTO Alex Gornares resigned from the company – during his tenure with AOL he was in charge of all of AOL’s technical operations – Gounares joined the company in May of 2010 – he earlier worked with Microsoft as a corporate VP of Advertising...
The troubled Japanese electronics giant Panasonic which earlier this month post a $9 billion in losses, announced today that the current senior executive Kazuhiro Tsuga as a company new president. He is going to replace Fumio Ohtsubo in an executive reshuffle that will take place in June. Tsuga took charge of Panasonic’s flagship TV and audio visual operations last year after a successful stint overseeing the company’s car electronics business. The 55-year-old Tsuga will become the new president at an annual shareholders meeting...
The Cupertino-based Apple and Mountain Valley-based Google – both the companies were named in a lawsuit filed by PanoMap relating to the use of patent in Google’s Street View mapping feature, PaidContent reports. According to the company claims that both the companies is infringing on its technology in the way they use Google Map’s Street View on Apple’s iPad and iPhone (US Patent No. 6,563,529). The company is looking out for a triple damages as both Google and Apple, relates to an “interactive system for displaying detailed...
With the “worst” ending the US based third-largest wireless carrier has seen when the Sprint’s Nextel Corp. rejected a deal to buy MetroPCS communication – MetroPCS recently reported its earning this week and with over 9.35 million registered subscribers at the end of quarter fourth, now considerably combining with Sprint’s numbers of 55 million subscribers, the company do fall short as comparison to the biggies Verizon and AT&T, but on the note will put T-Mobile in more fragile position that it is today. Adding more to...
