Hackers warm up to carmakers at the DEFCON cyber security conference at Las Vegas

With vehicles getting increasingly digital, carmakers are warming to White Hat cyber security professionals who scour for vulnerabilities in transportation systems before Black Hat hackers exploit them for commercial or other gains. In a significant development, carmakers are boost efforts to discover lurking vulnerabilities in their increasingly digital car offerings from helpful and friendly hackers.…

French government will defend its national champions against hostile takeovers

French Prime Minister made it amply clear that France will not tolerate any takeover which is deemed as hostile for its national industries. On Monday, French Prime Minister Edouard Philippe made it clear that the French government will put its weight behind national companies and will not allow any takeover that are deemed as hostile.…

Self-driving vehicles are finally going to hit U.S. roads thanks to this bill

In a historic development, a U.S. senate panel has overwhelmingly approved a bill aimed at reducing the time gap before robotic self-driving cars are deployed on U.S. roads. In a development that will lend further momentum to automakers, a U.S. Senate panel has unanimously approved a bill aimed at speeding the deployment of self-driving vehicles…

Western Digital led consortium wants $464 million from Apple to help finance its bid for Toshiba’s chip business

While Toshiba has narrowed down the pool of suitors, all the bids have Apple, its key customer, as a common denominator. On Friday, Japan’s Kyodo news agency reported that a group, which includes Western Digital, has sought $464 million (50 billion yen) from Apple Inc to help finance a bid for Toshiba Corp’s NAND chip…