Vodafone sells out of Fiji
Vodafone said Tuesday that it has struck an agreement to sell its entire 49 per cent shareholding in Vodafone Fiji to the Fiji National Provident Fund for a cash consideration of FJ$160m (£51m). The move takes Fiji National Provident’s indirect stake in the company to around 79 per cent. In Fiji, Vodafone competed against the only other mobile licensee, Digicel. But the company said that it expects to continue to have a presence in Fiji through a partner market agreement.
Microsoft seizes 22 No-IP domains in malware crackdown
Microsoft has filed a civil case, naming two foreign nationals from Kuwait and Algeria as the masterminds behind a concerted scheme to infect millions of computers with Bladabindi and Jenxcus families of malware. Detailed in a company blog post, the move marks one of the company’s most audacious efforts, its tenth to date, to disrupt what it says is one of the most prolific conduits between hackers and their victims.
Tech Radar Pro
Metronet in £45 million buyouy
The management team of Metronet has led a £45m secondary management buyout of the business, backed by ISIS Equity Partners. Manchester based Metronet (UK) is a business only Internet Service Provider that combines innovative wireless technology with traditional fibre to deliver connectivity solutions from leased lines to complex, multi-site networks across the UK. The company now boasts over 1200 customers from SMEs, to blue chip organisations such as Manchester City Council, Arqiva, ao.com, Autotrader.
HP settles Autonomy dispute litigation with shareholders
HP has confirmed it has reached an agreement to settle shareholder litigation resulting from its 2011 takeover of software firm Autonomy, but warned that the settlement is still subject to court approval.
The global IT giant issued a statement confirming that it and the lawyers for the plaintiffs in three shareholder lawsuits have now reached an agreement that will bring their action against HP to a close.
Hacker raid on energy companies for secrets raises sabotage fears
In yet more evidence of the rising tide of cyber espionage, criminals have gained access to vital systems across potentially hundreds of European energy companies using a sophisticated three-pronged campaign of hacking — potentially allowing them to disrupt energy supplies across the region. The wide-ranging attacks were organised by a group working out of eastern Europe — likely state-sponsored — seem to have focused on espionage, however the intrusions also gave the attackers the ability “to mount sabotage operations against their victims”, according to Symantec.
IBM aims for carbon nanotube transistors around 2020
IBM has announced that it expects to have commercialised its carbon nanotube transistor technology in the early 2020s, thanks to a new design that would allow the transistors to be built on silicon wafers using similar techniques to existing chip manufacturing plants. The semiconductor industry has been working hard for the last few decades on following Moore’s Law, the observation by Intel co-founder Gordon Moore that the number of transistors on a chip tends to double roughly every eighteen months. In recent years, following that trend has become increasingly complex: the ever-shrinking size of the components and the distance between them makes manufacturing difficult, while interference between components must be corrected and designed out.
Google loses US appeal over Street View data collection
The US Supreme Court has rejected Google’s appeal that it has no privacy case to answer over its Street View data collection programme and the internet giant will now face legal action. Back in 2010, Google publicly apologised for accidentally collecting personal data through open WiFi networks while running its Street View programme. The Street View vehicles collected personal data when they drove past the houses of people with unencrypted WiFi networks.
BBC board wary of security projects, says info security manager
Asking the BBC’s board to approve new information security projects is usually met with a swift “No”, because data accessibility is seen as a bigger priority, according to the broadcaster’s information security manager, Annamaria Cooper. Speaking at Computing’s Enterprise Security and Risk Management 2014 today, Cooper revealed that while there is a good board “understanding”, there are cultural hurdles at the BBC that always need to be overcome in order to “hook” approval.
Ericsson unveils crowdsourcing platform to encourage cities to get networked
Swedish telecommunications company Ericsson has launched a crowdsourcing platform to map ICT-related initiatives in cities in Northern Europe and Central Asia. The Get Your City Networked project, which includes 22 countries, aims to collect up-to-date and locally relevant information about the cities that will then serve as a tool for the company to explore further opportunities to get people and businesses connected.