Softbank secures$23.3 billion refinancing loan for ARM and Sprint Corp

The loan is to refinance loans taken by Sprint and ARM for acquisitions.   On Thursday, Japan’s SoftBank Group Corp said it has secured a $23.3 billion (2.65 trillion yen) loan agreement to re-finance the acquisition loans for British chip designer ARM and U.S. telecommunications Sprint Corp. The loans have a maturity date of Sept…

Private information of 46 million subscribers stolen from more than 12 mobile operators in Malaysia

Law enforcement agencies got tipped off when someone tried to sell the stolen database in an internet forum. On Wednesday, Salleh Said Keruak Malaysia’s Communications and Multimedia Minister said, the country is investigating the alleged attempt to sell stolen data related to 46 million mobile phone users in the company. Malaysia has recently suffered a…