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Dark Web Hosts New Mac Malware

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Security news site Bleeping Computer discovers a pair of Mac malware strains on the Dark Web-- a piece of spyware dubbed MacSpy and MacRansom, an example of Mac ransomware.

Mac malwareThe two pieces of malware are the work of the same developer (or cybercriminal group), and are found on almost identical Dark Web portals. Both websites run on a "closed" manner, meaning interested parties have to contact the malware creator for demo packages and the price negotiations.

Following the initial Bleeping Computer report, security researchers at Fortinet and AlienVault managed to get samples of the Mac malware. The two companies believe MacSpy and MacRansom are the work of an inexperienced coder, since MacRansom is not a digitally signed file (meaning it triggers security alerts if executed as a standard macOS installation) and MacSpy is built from code copy-pasted from Stack Overflow.

And the Buyer of the Toshiba Memory Unit is...

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Toshiba names a preferred bidder for the sale of its much wanted memory chip business-- a consortium bringing together the Japanese government and interests from the US and S. Korea.

Toshiba memoryThe group consists of the state-backed Innovation Network Corp of Japan (INCJ) fund, the Development Bank of Japan (DBJ) and US private equity firm Bain Capital. Also involved in financing are S. Korean chipmaker SK Hynix and the core banking unit of the Mitsubishi UFJ Financial Group. It promises to offer at least $18 billion, the minimum Toshiba is asking for the unit, and should automatically receive the Japanese government's seal of approval.

“Toshiba has determined that the consortium has presented the best proposal, not only in terms of valuation, but also in respect to certainty of closing, retention of employees, and maintenance of sensitive technology within Japan,” a company statement reads.

Zigbee Claims First Multi-Band IoT Mesh Network Technology

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The Zigbee Alliance announces Zigbee PRO 2017-- the first mesh network capable of operating on two ISM frequency bands simultaneously, sub-GHz 800-900MHz for regional requirements and 2.4GHz for global acceptance.

Zigbee Pro 2017Zigbee PRO is the underlying network technology with support for full-stack interoperable devices certified under Zigbee 3.0. Designed to connect smart devices, Zigbee PRO 2017 promises flexibility and design choice for manufacturers, consumers and municipalities wanting to connect products across homes, buildings and cities.

“PRO 2017 is the ideal wireless solution to cast large IoT networks across buildings, business parks, large facilities, cities and venues challenged by connectivity issues such as reinforced concrete and steel studs,” the alliance says. “The deployment potential is tremendous for smart homes, smart buildings and smart cities.”

Imagination Technologies Goes on Sale

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British firm Imagination Technologies puts itself on sale, the result of losing 70% of its value after Apple decided to start designing own GPUs instead of using PowerVR technology.

Imagination iPhoneBack in May Imagination put two units, MIPS and Ensigma, for sale, but now it is looking for buyer for the entire company. The announcement states it already has "received interest from a number of parties," which analysts suggest can include the likes of Intel, Qualcomm, Mediatek, CEVA and various Chinese entities. Even Apple might be interested.

Thoma Bravo Acquires Continuum

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Private equity investment firm Thoma Bravo purchases Continuum, the global IT management platform provider, in a bid to further push its investment presence in SMB space.

ContinuumContinuum currently provides IT management for around 5800 MSPs globally, and services over 60000 SMB customers. It also offers Remote Monitoring and Management (RMM), backup and disaster recovery and security offerings, with a vertically integrated service delivery model combining SaaS-based technology with a best-in-class Network Operations Center (NOC) and help desk.

Last month saw Continuum launch Continuum Network Management by Auvik-- the result of a September 2016 partnership agreement, providing MSPs with insight and visibility into client IT environments.

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