Friday, September 22, 2023

EU regulators fine Intel €376.36M over "a previously established abuse of dominant position", after an EU court overturned a €1.06B fine in January 2022 (Stephanie Bodoni/Bloomberg)

Stephanie Bodoni / Bloomberg:
EU regulators fine Intel €376.36M over “a previously established abuse of dominant position”, after an EU court overturned a €1.06B fine in January 2022  —  - Fine follows ruling by court upholding part of EU's case  — EU initially fined Intel a then-record penalty in 2009



Tecno Phantom V Flip vs Samsung Galaxy Z Flip 5: How the two flip phones compare

Tecno has introduced its latest foldable smartphone, the Tecno Phantom V Flip. It features a clamshell design, MediaTek Dimensity chipset, and a 4,000 mAh battery. The phone has a circular external display, leather finish back panel, and a 64MP dual rear camera. It runs on Android 13 and comes with fast charging support. https://ift.tt/A5p4xUn

Coalition: ransomware victims reported an average $365K+ loss in H1 2023, up from $227K+ in H2 2022; the average ransom demand was $1.62M, up 74% from 2022 (James Reddick/The Record)

James Reddick / The Record:
Coalition: ransomware victims reported an average $365K+ loss in H1 2023, up from $227K+ in H2 2022; the average ransom demand was $1.62M, up 74% from 2022  —  A cyber insurance firm reported a significant jump in the number of claims during the first half of the year, adding that damages caused by attacks has also increased.



Thursday, September 21, 2023

Cisco plans to acquire cybersecurity company Splunk for $157 per share in cash, up 31% on Splunk's September 20 closing price, in a deal valued at ~$28B (Molly Schuetz/Bloomberg)

Molly Schuetz / Bloomberg:
Cisco plans to acquire cybersecurity company Splunk for $157 per share in cash, up 31% on Splunk's September 20 closing price, in a deal valued at ~$28B  —  Cisco will pay $157 a share in cash, the companies said in a statement Thursday.  That represents a 31% premium to Splunk's previous closing price on Wednesday.



Layer 2 blockchain Optimism sells 116M tokens worth $157M to seven buyers in a "private" sale, after airdropping 19.4M tokens to 31K+ users earlier this week (Oliver Knight/CoinDesk)

Oliver Knight / CoinDesk:
Layer 2 blockchain Optimism sells 116M tokens worth $157M to seven buyers in a “private” sale, after airdropping 19.4M tokens to 31K+ users earlier this week  —  The token sale was described as a “planned event.”  —  The foundation behind layer2 blockchain Optimism …



Source: Google has extensively discussed dropping Broadcom for AI chips as early as 2027 to design its own TPUs, aiming to save billions of dollars annually (Wayne Ma/The Information)

Wayne Ma / The Information:
Source: Google has extensively discussed dropping Broadcom for AI chips as early as 2027 to design its own TPUs, aiming to save billions of dollars annually  —  Google executives have extensively discussed dropping Broadcom as a supplier of artificial intelligence chips as early as 2027 …



Sources: amid the Iran war, Asian bankers say rising power prices and energy security are becoming a bigger consideration in data center financing decisions (Bloomberg)

Bloomberg : Sources: amid the Iran war, Asian bankers say rising power prices and energy security are becoming a bigger consideration in ...