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Aug, 2016 : Biggest Merger in Technology Business History Nears
📅 - The largest merger between technology companies in history is close at hand. Dell and EMC have announced plans to close the $67 billion merger on Wednesday, September 7. After the deal is closed, the new company will operate under the name Dell Technologies.
Dell Chairman and CEO, Michael Dell had this to say, “Combined, we will be exceptionally well-positioned for growth in the most strategic areas of next generation IT including digital transformation, software-defined data center, converged infrastructure, hybrid cloud, mobile and security.”
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📅 - GoDaddy warns Customers of Phishing Email Scams - GoDaddy customers have become the target of a phishing campaign. Someone is sending fake support emails with a warning about email storage to GoDaddy customers. This email has been identified by Comodo Threat Research Labs as a scam, even though it appears to come from support@godaddy.com.
The email may look legitimate, at first, but when looking at the links, it becomes very obvious it's a scamp. GoDaddy customers should be on alert for these emails and always contact support directly or check your actual GoDaddy account before clicking on any of the links in one of these emails.
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📅 - Chinese Cyber Attacks on Russia Spike - Instances of Chinese hacking Russian industries has jumped dramatically. In 2015, there were 72 recorded attacks, while there have been 194 in the first seven months of this year. According to Alexander Gostev of the Kaspersky Lab, an online security company, attacks on the defense, aviation and nuclear industries rose almost threefold.
“Despite the officially promoted friendship between Russia and China and accords on cyber security, cooperation and non-aggression, I don't see them working.” Gostev remarked in an interview.
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📅 - Will Apple Feel Tax Repayment? - Tuesday, the European Union announced that Apple will be forced to repay $14.5 billion after ten years of tax breaks in Ireland. A fine that large would be detrimental to most companies' futures, but Apple is not most companies.
The $14.5 billion fine equals to only 6% of its cash and investments as of June. Over the course of one year, Apple makes nearly four times more than the tax penalty.
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📅 - Cisco Officially Enters Container Market with ContainerX Acquisition - Cisco (CSCO), the well-known networking enterprise, officially entered the container market when they announced their intent to acquire the virtual container startup ContainerX. ContainerX is based in San Jose, California.
A representative from the company said their technology “provides the capability to control containers running under Linux or Windows. In addition, it is compatible with bare metal or virtual machines and can be deployed on a public or private cloud.”
The terms of the acquisition have yet to be disclosed.
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📅 - Global Cloud Computing Company Huawei Looking to Sell - Huawei Technologies is looking to become a large player in the market for cloud computing gear and software. They have an aim of $10 billion in business by the close of 2020. Huawei is a Chinese company that's growing fast. They plan to keep investing in the cloud, while growing the server, chip and equipment supply side of their company.
The company has already started to work with foreign firms, such as Intel and SAP SE. Huawei isn't looking to compete with AWS or Google, as they want to actually supply the components for cloud infrastructure to companies in health care, education and other markets.
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