Microsoft’s Azure Event Grid hits general availability

 With Event Grid, Microsoft introduced a new Azure service last year that it hopes will become the glue that holds together modern event-driven and distributed applications. Starting today, Event Grid is generally available, with all the SLAs and other premises this entails. Read More

Heptio launches its Kubernetes ‘un-distribution’

 Heptio holds a special place in the Kubernetes startup ecosystem. Its co-founders are, after all, two of the co-founders of the Kubernetes project. Heptio has raised millions, but it was never clear what their business plan looked like beyond offering training and professional services. It’s becoming clearer now, as the company today announced the launch of the Heptio Kubernetes… Read More

Red Hat acquires CoreOS for $250 million in Kubernetes expansion

 Red Hat, a company best known for its enterprise Linux products, has been making a big play for Kubernetes and containerization in recent years with its OpenShift Kubernetes product. Today the company decided to expand on that by acquiring CoreOS, a container management startup, for $250 million. Read More

Bench bookkeeping service raises $18 million in funding

 Bench, the TechStars-backed bookkeeping service for SMBs, has today announced the close of an $18 million B-1 funding round led by iNovia Capital. Existing investors, including Bain Capital Ventures, Altos Ventures, and Silicon Valley Bank, also participated in the round.
Bench first launched out of TechStars NYC in 2012. Back then, the company was called 10Sheet, and it aimed to providing… Read More

Fujifilm will take over Xerox, cut 10,000 jobs

 Fujifilm announced this week that it’s set to take a majority stake in Xerox. The news comes as the U.S. tech stalwart and photocopying synonym struggles to cope with an eroding demand for office printers and photocopies. The boards of both companies agreed to the deal this week, giving Fujifilm a 50.1-percent stake in the combined companies.
The naming conventions on this one are… Read More

Intel Chips Face Another Possible Vulnerability

Intel’s year isn’t getting off to a very good start.   Just after the discovery of a pair of critical vulnerabilities that have been in their chipsets for more than a decade comes the discovery of yet another serious flaw that could impact millions of laptops around the world.

A Finnish data security firm called “F-Secure” just reported an issue with Intel’s Active Management Technology (AMT) that could allow a hacker to completely bypass the machine’s normal login procedure and take control of the target device in under a minute.

AMT is an admin-level feature that allows organizations to control and manage large numbers of PCs and workstations quickly and efficiently via remote.  To take advantage of the flaw, a hacker would need physical access to the machine, which is its one saving grace. However, if they have that, they can take complete control even if a BIOS password has been set.

While other research teams have discovered AMT vulnerabilities in the past, this one deserves special attention for three reasons:

  • Once in control, the hacker could gain remote access to whatever network the machine is attached to at some later point.
  • It affects almost all intel laptops, and odds are that if you’re a business owner, there are a number of laptops with Intel chipsets connected to your network
  • It’s an incredibly easy flaw to exploit, requiring no code whatsoever.

F-Security Research Harry Sintonen had this to say about it:

“The attack is almost deceptively simple to enact, but it has incredible destructive potential.  In practice, it can give a local attacker complete control over an individual’s work laptop, despite even the most extensive security measures.”

It should be noted that this flaw is in no way related to the Spectre and Meltdown vulnerabilities that have been reported on earlier, giving Intel a trio of nasty problems to deal with right at the start of the new year.


Used with permission from Article Aggregator

Why the Dell rumors might have substance

 By now you’ve probably heard that the Dell board is supposed to be convening later this month to figure out how it might reorganize itself to deal with the mountain of debt it took on when it bought EMC in 2015 for $67 billion. The rumors began on Friday and involved a couple of possible scenarios including Dell going public or Dell buying the remainder of VMware (which I’m not… Read More

SuperPhone is building a Salesforce for texting

 The address book is the last, worst default app you rely on. It’s time it got as smart as the rest of our phones. That’s the idea behind SuperPhone. Email isn’t how you build relationships anymore. Yet most business software sanctifies the spammy inbox when it’s the immediacy of text messaging that keeps people in touch today. Read More

SAP snags CallidusCloud for $2.4 billion

 SAP, the German enterprise software giant, announced it acquired CallidusCloud last night for $2.4 billion or $36 per share. Callidus provides configure price quote (CPQ) and sales performance management tools delivered as a cloud service.
The share price is a nice bump for shareholders, representing a 21 percent premium over over the 30-day volume weighted average share price, according to… Read More

Hyperledger releases Hyperledger Sawtooth 1.0, its second distributed ledger project

 Hyperledger, the open source blockchain project from the Linux Foundation, released Hyperledger Sawtooth 1.0, its latest open source digital ledger project. Sawtooth joins its sister project, Hyperledger Fabric which reached 1.0 in July last year. Among the features in this latest open source distributed ledger product is on-chain governance, which lets members adjust the rules on the fly… Read More