Broadcom is buying Symantec’s enterprise security business for $10.7 billion, the companies announced Thursday. The deal effectively splits Symantec in two, with Broadcom taking ownership of its entire enterprise security portfolio and the Symantec brand name. Symantec will retain its consumer-facing product portfolio, which includes the the LifeLock identity-protection brand and Norton antivirus software. The …
Technology Review is reporting that US president Donald Trump ordered Singapore-based chip maker Broadcom to drop its $117 billion bid for US rival Qualcomm, citing security concerns over the deal. According to the blog, the steps highlights growing sensitivity in the US that acquisitions by foreign companies could jeopardize the country’s leadership in key technologies—in …
Reports last week of security flaws in the wireless chips used in a wide range of Apple and Android mobile devices came hard on the heels of news that network-enabled toys are being used by hackers to access personal data. The flaw which was discovered by Google Project Zero security researcher, Gal Beniamini said that …
