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SK Hynix, one of the world's largest chip makers, announced today it will pay $9 billion for Intel's flash memory business. Intel said it will use proceeds from the deal to focus on artificial intelligence, 5G and edge computing.

“For Intel, this transaction will allow us to to further prioritize our investments in differentiated technology where we can play a bigger role in the success of our customers and deliver attractive returns to our stockholders,” said Intel chief executive officer Bob Swan in the announcement.

The Wall Street [...]

Tue, Oct 20, 2020, Continue reading at the source

SK Hynix, one of the world's largest chip makers, announced today it will pay $9 billion for Intel's flash memory business. Intel said it will use proceeds from the deal to focus on artificial intelligence, 5G and edge computing.

“For Intel, this transaction will allow us to to further prioritize our investments in differentiated technology where we can play a bigger role in the success of our customers and deliver attractive returns to our stockholders,” said Intel chief executive officer Bob Swan in the announcement.

The Wall Street [...]

Tue, Oct 20, 2020, Continue reading at the source

According to President Trump speaking at a campaign event in Tucson, Arizona, on Monday, “nobody gets hacked.” You don't need someone who covers security day in and day out to call bullshit on this one.

“Nobody gets hacked. To get hacked you need somebody with 197 IQ and he needs about 15 percent of your password,” Trump said, referencing the recent suspension of C-SPAN political editor Steve Scully, who admitted falsely claiming his Twitter account was hacked this week after sending a tweet to former White House communications director Anthony Scaramucci.

"Nobody gets hacked. To get hacked you need somebody [...]

Tue, Oct 20, 2020, Continue reading at the source

According to President Trump speaking at a campaign event in Tucson, Arizona, on Monday, “nobody gets hacked.” You don't need someone who covers security day in and day out to call bullshit on this one.

“Nobody gets hacked. To get hacked you need somebody with 197 IQ and he needs about 15 percent of your password,” Trump said, referencing the recent suspension of C-SPAN political editor Steve Scully, who admitted falsely claiming his Twitter account was hacked this week after sending a tweet to former White House communications director Anthony Scaramucci.

"Nobody gets hacked. To get hacked you need somebody [...]

Tue, Oct 20, 2020, Continue reading at the source

A startup that is aiming to digitize millions of neighborhood stores in Bangladesh just raised the country's largest Series A financing round.

Dhaka-headquartered ShopUp said on Tuesday it has raised $22.5 million in a round co-led by Sequoia Capital India and Flourish Ventures. For both the venture firms, this is the first time they are backing a Bangladeshi startup. Veon Ventures, Speedinvest, and Lonsdale Capital also participated in the four-year-old ShopUp's Series A financing round. ShopUp has raised about $28 million to date.

Like its neighboring nation, India, more than 95% of all retail in Bangladesh goes [...]

Tue, Oct 20, 2020, Continue reading at the source
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Four-year deal with Max Planck institutes is a first for a highly selective journal [...]
Tue, Oct 20, 2020, Continue reading at the source