Salesforce, Other Suitors Reportedly Considering Twitter Buyout

By eWEEK Staff  |  Posted 2016-09-26 Print this article Print

DAILY VIDEO: Salesforce reportedly considering buying Twitter; Apple unveils public version of iOS 10.1 beta release; BlackBerry gives up to $250 Off Priv, Passport phones; and there's more.

Labor Department Lawsuit Claims Oracle Discriminates in Hiring, Pay

DAILY VIDEO: U.S. Labor Department sues Oracle, claiming hiring, pay infractions; Red Hat OpenShift...

FTC Lawsuit Charges Qualcomm With Antitrust Violations

DAILY VIDEO: FTC sues Qualcomm, alleging Patent Antitrust Violations; HPE Invests $650M to Acquire...

'ShadowBrokers' Hacker Group Releases NSA Exploits After Auction Fails

DAILY VIDEO: Hacker group 'ShadowBrokers' release NSA Exploits after auction fails; Google...

IBM Introduces All-Flash Storage Systems for Cognitive Workloads

DAILY VIDEO: IBM unveils all-Flash storage for cognitive workloads; Microsoft Power BI reports go...

Facebook Starts 'Journalism Project' to Curb Fake News

DAILY VIDEO: Facebook unveils ambitious project to clean up news feeds; Google rolls out new cloud...

Yahoo to Emerge from Verizon Sale Under New Name: 'Altaba

DAILY VIDEO: CEO, co-founder to leave Yahoo, now known as Altaba; DHS designates election machines,...

Hacker Enters Guilty Plea to Attacks on U.S. Intelligence Officials

DAILY VIDEO: Hacker pleads guilty to attacks against U.S intelligence officials; Google spinoff...

MongoDB Databases Hit by Multiple Groups of Ransomware Attackers

DAILY VIDEO: MongoDB ransomware impacts over 10,000 databases; Labor Department sues Google demanding...

FTC Sues D-Link Over Security Flaws in Routers, IP Cameras

DAILY VIDEO: FTC claims D-Link routers and IP cameras are leaving consumers at risk; Microsoft...

Red Hat Improves Hybrid Cloud Management With CloudForms 4.2

DAILY VIDEO: Red Hat CloudForms 4.2 Improves Hybrid Cloud Management; Virtual Reality-Enabled Windows...

Read more about the stories in today's news:


Today's topics include the rumors that may be preparing to acquire Twitter, the release of the public iOS 10.1 Beta test version, BlackBerry’s heavy discounts on the Priv and Passport smartphones and the latest distributed denial-of-service attacks are rapidly trending toward volumes of 1 terabit per second. and Twitter—two companies that have banked hundreds of millions of dollars in venture capital over the years but have yet to show profits—are "exploring" a multibillion-dollar merger in which Salesforce will become the new owner of the Twitter's social network, The Wall Street Journal reported Sept. 23.

Neither company commented officially on the story. Later in the day Sept. 23, reports surfaced that the Disney Company and Google were also interested in talking to Twitter, but nothing substantive came of their overtures.

Twitter famously has been losing tens of millions of dollars per year for nearly the past decade. Salesforce also has lost millions interspersed with some profitable quarters, but since both internet companies generate billions in revenue and are considered in "growth mode," investors continue to support them.

Apple has released the public beta version 10.1 of its iOS 10 mobile operating system, just nine days after the company delivered the production version of the latest iOS 10 mobile operating system to users on Sept. 13.

The public beta of iOS 10.1 allows registered users to download and test out the code, although Apple recommends that beta versions only be loaded onto spare devices and not installed on mobile devices in regular use.

The beta program allows users to test-drive new releases as they are built and to provide feedback and other insights. The iOS 10.1 public beta was posted by Apple on Sept. 22.

BlackBerry has announced a $250 discount on the regular prices of its Passport smartphones and $224 off its Priv handsets through Oct. 19 in a special sale being held on its website.

The sale brings the price of a black Passport phone to $249, down from the regular $499 price, while the Passport Silver Edition handset is $299, compared with its regular $549 price.

The Priv smartphone is on sale for $425 in black, down from its regular $649 price. BlackBerry announced the special prices in emails to customers and on the company's website. The special pricing is available while supplies last, according to the company.

This past week, the largest-ever internet distributed denial-of-service (DDoS) attacks were reported, targeting popular security blogger Brian Krebs and internet service provider OVH in Europe.

On Sept. 20, Krebs tweeted that his site was hit with a DDoS attack of 665G bps. A day later, on Sept. 21, Octave Klaba, founder of OVH tweeted that his network was affected on Sept. 20 by simultaneous DDoS attacks approaching 1T bps.

The peak attacks came in at 191G bps and 799G bps. Krebs' blog was being protected by content delivery network and DDoS defense provider Akamai, which had previously reported that the top DDoS it had seen in the second quarter of 2016 was 363G bps.


Submit a Comment

Loading Comments...
Manage your Newsletters: Login   Register My Newsletters

Rocket Fuel