A new double-extortion ransomware variant targets VMware ESXi servers, security researchers have found. The group behind it, named Cicada3301, has been promoting its ransomware-as-a-service operation since June. Once an attacker has initial access to a corporate network, they can copy and encrypt its private data using the Cicada3301 ransomware. They can then withhold the decryption … Read more
Dell beat market estimates for second-quarter revenue on Thursday as the shift to hybrid work kept demand strong for its laptops, desktops and cloud services. People globally continue to spend on computer devices even after a year of working from home. Figures from International Data showed shipments of PCs rose 13 percent from April to June, … Read more
Dell Technologies Inc said on Wednesday it would spin off its 81 percent stake in cloud computing software maker VMware, in a move that will help the PC maker reduce its debt. VMware will distribute a special cash dividend of between $11.5 billion (roughly Rs. 86,450 crores) and $12 billion (roughly Rs. 90,220 crores) to … Read more
Chipmaker Intel said on Wednesday it would replace Chief Executive Officer Bob Swan with VMware Inc CEO Pat Gelsinger beginning February 15. The company’s shares were up more than 8 percent in morning trading. Intel, long the world leader in chip-making technology, has lost its manufacturing edge in recent years and is now debating whether … Read more
Some of the world’s largest cloud service providers, including Amazon Web Services, Google Cloud, Microsoft, VMWare and IBM, are grouping together to protest against what they view as an attempt by India’s telecom regulator to increase government oversight on the sector. Later this week, the cloud companies plan to petition the department of telecom (DoT) … Read more