Panasonic to divest its chipmaking units to Nuvoton Technology

On Thursday, Japan’s Panasonic Corp stated it will sell its loss-making chip business to Taiwan’s Nuvoton Technology, reported Nikkei Asian Review. According to the report, Panasonic is also slated to divest three Japanese chipmaking facilities of TowerJazz Panasonic Semiconductor – a joint venture with Israel’s Tower Semiconductor. The development comes midst the U.S.-China trade war which…

Hackers used booby trapped text messages to retrieve data stored in cellphones

Amnesty International’s report details how booby-trapped text messages were used to collect information stored locally on cellphones. A research by Amnesty International has uncovered that hackers armed with sophisticated spying software have been targeting Moroccan human rights activists midst a government crackdown on protests in recent years. The report released by the British non-profit human…

Apple offers up to $1 million for remote access exploit for iPhones and cloud-based backups

Apple launched the challenge at the annual Black Hat security conference in Las Vegas. In order to remove exploitable vulnerabilities from its mobile operating system, Apple Inc has announced a bounty of up to $1 million to cyber security researchers who detect flaws in iPhones. This is the largest ever reward Apple has offered to…

HP Inc collaborates with Israel’s Deep Instinct to prevent advanced cyber attacks

HP Sure Sense uses AI and deep learning to predict and prevent security threats. On Tuesday, in a statement HP Inc stated it is collaborating with Israeli cybersecurity firm Deep Instinct to launch HP Sure Sense. The collaboration is aimed at preventing advanced cyber attacks. Financial details of the deal have not been released. According…

Finistere Ventures partners with 3 Israeli firms to invest up to $100 million in Israeli agrifood startups

Finistere Ventures is intent on investing in technologies in the food sector. On Monday, Finistere Ventures, a food technologies-focused firm has partnered with three Israeli firms to invest up to $100 million in agrifood startups in Israel. Finistere will be joined by Tnuva, Israel’s largest food company that is controlled by China’s Bright Food, beverage…