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Japanese telecommunication giant SoftBank has confirmed that the company intends to acquire UK chip designer ARM Holdings for almost $32 Billion (£24.3 Billion) in an all-cash deal. ARM has also agreed to this offer from SoftBank and said that its board would recommend the all-cash deal to shareholders. SoftBank will pay nearly $22.5 per ARM share, which is 43 percent more than ARM's closing share price on Friday and 41 percent more than ARM's all-time high closing share price. The deal is the largest-ever acquisition of a European technology business, first reported by The Financial Times. Wondering Why is ARM really Worth $32 Billion? Founded in 1990, Cambridge-based ARM Holdings designs microchips for a variety of smartphones and powers more than 95 percent of the smartphones in the market. Whether it is Apple's iPhones or iPads, Samsung's Galaxy smartphones, Amazon's Kindle e-readers, the cheapest Nokia phones or Internet-connected devices li...

Smart hackers could exploit a loophole that could allow them to steal a significant amount of cash from Google, Microsoft and Instagram using a Premium rate phone number. Security researcher Arne Swinnen from Belgium has discovered an ingenious way to steal money from big tech companies like Google, Microsoft, and Instagram using their two-factor authentication (2FA) voice-based token distribution systems. Swinnen argues that any attacker with malicious intent could create fake Google, Microsoft or Instagram accounts, as well as premium phone services, and then link them together. The attacker could then request 2FA voice-based tokens for all fake accounts using an automated scripts, placing legitimate phone calls to his service to earn him quite a nice profit. Swinnen created accounts on Google, Microsoft Office 365 and Instagram and then tied them to a premium phone number instead of a regular one. As a result, whenever one of these three services would call the account...

Pokémon GO launched just two weeks ago, and people have been getting crazy to catch 'em all. Users, on an average, are spending more time engaged with the new Pokémon GO app than any other apps like Snapchat. But, before downloading and playing Nintendo's new location-based augmented reality game, users are required to keep the following points in their minds: 1. Unofficial Pokémon GO app might contain Malware Since Pokémon GO is currently available in only a few countries, many third-party gaming websites are offering tutorials due to huge interest surrounding the app, recommending users to download the APK from a non-Google Play link. Users need to "side-load" the malicious app to install the APK by modifying their Android core security settings, which allows their device's OS to install apps from " untrusted sources ." However, researchers have discovered that many of these online tutorials are linked to malicious versions of the Pokém...

Online privacy is an Internet buzzword nowadays. If you are also concerned about the privacy of your web surfing, the most efficient way is to use TOR – a free software that lets users communicate anonymously by hiding their actual location from snoopers. Although TOR is a great anonymous network, it has some limitations that could still allow a motivated hacker to compromise the anonymity of legions of users, including dark web criminals as well as privacy-minded innocents. Moreover, TOR (The Onion Network) has likely been targeted by the FBI to arrest criminals , including the alleged Silk Road 2 lieutenant Brian Richard Farrell, who was arrested in January 2014. Even the TOR Project accused the FBI of paying the researchers of Carnegie Mellon University (CMU) at least $1 Million to disclose a technique that could help the agency unmask TOR users and reveal their IP addresses as part of a criminal investigation. So, what's next? Is there an alternative? Well, most p...

No software is immune to being Hacked! Not even Linux. The Ubuntu online forums have been hacked, and data belonging to over 2 Million users have been compromised, Canonical just announced. The compromised users' data include their IP addresses, usernames, and email addresses, according to the company, who failed to apply a patch to secure its users' data. However, users should keep in mind that the hack did not affect the Ubuntu operating system, or it was not due to a vulnerability or weakness in the OS. Instead, the breach only affected the Ubuntu online forums that people use to discuss the OS, said BetaNews, who initially reported the news. "There has been a security breach on the Ubuntu Forums site," Jane Silber, Chief Executive Officer at Canonical wrote in a blog post . "We take information security and user privacy very seriously, follow a strict set of security practices and this incident has triggered a thorough investigation." "C...