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Absolute Software to buy Seattle-based NetMotion for $340M

GeekWire

The news: Absolute Software , a publicly-traded security software company, agreed to acquire Seattle-based security startup NetMotion for $340 million. Founded in 2001, NetMotion helps employees at more than 3,000 organizations access resources from devices both on premises or remotely in the cloud. million, down 1%.

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IT services company Atos plans IBM-style split

CIO Business Intelligence

French multinational IT services company Atos is planning to split in two, much as IBM spun out its legacy-focused managed infrastructure services business to form Kyndryl in November 2021. IBM was still broadly profitable when it split, having made a net profit of $5.7 It’s a Hail Mary move for Atos. Legacy losses.

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Tech Moves: Expedia board director Skip Battle resigns; Madrona promotions; Vacasa’s new CFO

GeekWire

He originally joined the travel company’s board in 2005. AskJeeves was acquired in 2005 by IAC, the internet media company run by Barry Diller, who is also chairman of Seattle-based Expedia Group. The company posted revenue of $4.2 Its net loss for the first nine months of this year was $2.2 billion in 2019.

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Stop using your phone number to log in

Vox

Yet the burden is often on users to protect themselves from a security issue that was created for them by some of their favorite apps. Even things that those services might recommend as an added security measure — like text, SMS, or multi-factor authentication — can actually introduce more vulnerabilities.

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Welcome to the crypto ice age

Vox

FTX co-founder and CEO Sam Bankman-Fried resigned and filed for bankruptcy last week, after his company imploded. | Cheese — you’ve kept a bunch of your net worth in Chuck E. It should be regulated like any security that you would buy or sell.” Lam Yik/Bloomberg via Getty Images. Cheese tokens because you go there all the time.

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FTX’s implosion and SBF’s arrest, explained

Vox

Sam Bankman-Fried and his crypto company FTX experienced a shocking downfall. Now he’s been arrested in the Bahamas following the filing of criminal charges in the US; the charges include wire fraud, securities fraud, money laundering, and campaign finance laws violations. FTT, a token the company issues, plunged in value.

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The Mac Studio is myth fulfillment

The Verge

A 2005 Ars Technica post by John Siracusa suggests it was coined in that site’s Mac forums in 2001 or earlier. It could still be a net win. But at the same time, many of the people who will never upgrade their computers still think they’ll upgrade their computers—or at least want the security and comfort of knowing that they could.

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