One of the most well-known internet acquisitions of 2002 was when eBay Inc EBAY announced it was acquiring PayPal Holdings Inc PYPL . Investors who bought eBay shares on the day the deal was announced have done quite well for themselves. Years later, eBay decided to spin off PayPal. Heres a look at the performance
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Gigabit — Millions of PC motherboards were sold with a firmware backdoor Hidden code in many Gigabyte motherboards invisibly and insecurely downloads programs. Andy Greenberg, wired.com – Jun 1, 2023 1:04 pm UTC EnlargeBeeBright/Getty Images reader comments 39 with Hiding malicious programs in a computers UEFI firmware, the deep-seated code that tells a PC how
Hadoken! — Street Fighter 6 review: great fun for both casual and dedicated players Capcom breathes new life into its classic fighting game franchise. Aurich Lawson – May 30, 2023 7:01 am UTC EnlargeAurich Lawson reader comments 71 with Street Fighter 6Developer: Capcom Release Date: June 2, 2023 MSRP $60: Windows*, PlayStation 4, PlayStation 5,
TAIPEI Taiwanese shipping companies are handing out bumper mid-year bonuses despite a slump in global cargo, as the industry continues to benefit from earlier pandemic gains. Yang Ming Marine Transport is awarding workers up to 30 months salary on their next payday after shareholders approved the NT$2.3 billion (S$101 million) bonus last week, according to
Last Wednesday,Justin Sun, founder of Tron TRX/USD , gaveakeynote interview to kick off the second episodeof Benzingas virtual trade show series, Crypto Unlocked.The event focused on global real-life use cases for crypto and Trons role as the leading network for USD-backed stablecoinTether USDT/USD . In the exclusive interview, Sun spoke of blockchain technology as a
GOT PATCHES? — Researchers tell owners to assume compromise of unpatched Zyxel firewalls Poor patching hygiene is fueling a flurry of “downstream attacks” on other targets. Dan Goodin – May 31, 2023 10:33 pm UTC EnlargeGetty Images reader comments 25 with Firewalls made by Zyxel are being wrangled into a destructive botnet, which is taking
CVE-2023-2868 — Critical Barracuda 0-day was used to backdoor networks for 8 months Attackers then went on to steal data from infected systems. Dan Goodin – May 30, 2023 11:58 pm UTC EnlargeGetty Images reader comments 20 with A critical vulnerability patched 10 days ago in widely used email software from IT security company Barracuda
In December of last year, Gartner forecasted that 60% of financial institutions would be looking for composable finance solutions by 2024. Rather than out-of-the-box tech, composable software gives users a library of pre-built modular components that each perform specific functions. This allows users to pick and choose the components they want to essentially build their
Cures and more — mRNA technology for vaccines and more: An Ars Frontiers recap The tech has lots of applications beyond the one we’ve already been injected with. John Timmer – May 30, 2023 10:55 pm UTC Enlarge / On May 22, John Timmer (left) moderated a panel featuring Karin Bok (center) and Nathaniel Wang
Theres a gap in the financial services market when it comes to integrating crypto into the mainstream financial system. FinXP is a European fintech company that is working to close this gap and help boost crypto adoption. It is a trusted partner for crypto companies requiring fiat banking and payment solutions; solutions that have now
China has warned western militaries to stay out of waters and airspace near its borders if they want to avoid dangerous run-ins with the People’s Liberation Army, putting on display the growing risks of unintended conflict as geopolitical competition grows. The blunt message from General Li Shangfu, China’s new defence minister, followed a near collision
US defence secretary Lloyd Austin on Saturday criticised China for conducting risky aerial intercepts over the South China Sea and warned that Washington would not be deterred by dangerous behaviour in the Indo-Pacific region. China was conducting “an alarming number of risky intercepts of US and allied aircraft flying lawfully in international airspace”, Austin said
CIA director Bill Burns travelled to China last month, a clandestine visit by one of President Joe Biden’s most trusted officials that signals how concerned the White House had become about deteriorating relations between Beijing and Washington. Five people familiar with the situation said Burns, a former top diplomat who is frequently entrusted with delicate
UK house prices have fallen further as rising mortgage rates deterred home buyers and prompted owners to repay property loans at a near record rate. Figures from the Nationwide Building Society released on Thursday showed prices of the average property in May were 3.4 per cent lower than a year earlier, with the annual fall
The world’s largest natural soda ash producer plans to float in London, a boost to a stock market that has struggled to attract new listings and prevent companies from leaving. WE Soda, the UK-based group that produces the glassmaking ingredient and is controlled by Turkish media mogul Turgay Ciner, is targeting a $7.5bn valuation, enough
Nvidia has become the first chipmaker to hit a $1tn valuation, leading a surge of enthusiasm across Wall Street for companies seen to benefit from the latest developments in artificial intelligence. Its shares rose more than 4 per cent to hit $406.1 in early trading in New York on Tuesday, after its chief executive Jensen
In April, total card expenditure per household was down 1.2% year on year, as measured by Bank of Americaaggregated credit and debit cards. Thisfollows the trend seen inconsumer prices. The credit card data captured by Bank of America markedthe first decline in card spending since February 2021. Why It Matters: A reduction in household credit
Hadoken! — Street Fighter 6 is great fun for both casual and dedicated players Capcom breathes new life into its classic fighting game franchise. Aurich Lawson – May 30, 2023 7:01 am UTC EnlargeAurich Lawson reader comments 3 with Street Fighter 6Developer: Capcom Release Date: June 2, 2023 MSRP $60: Windows*, PlayStation 4, PlayStation 5,
In April, total card expenditure per household was down 1.2% year on year, as measured by Bank of Americaaggregated credit and debit cards. Thisfollows the trend seen inconsumer prices. The credit card data captured by Bank of America markedthe first decline in card spending since February 2021. Why It Matters: A reduction in household credit
the human factor — Is cybersecurity an unsolvable problem? Ars chats with law philosopher Scott Shapiro about his new book, Fancy Bear Goes Phishing. Jennifer Ouellette – May 27, 2023 1:12 pm UTC EnlargeFarrar, Straus and Giroux reader comments 151 with In November 1988, a graduate student at Cornell University named Robert Morris, Jr. inadvertently