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Broadcom, Symantec Halt Acquisition Negotiations: Report
by Michael Novinson
Symantec's stock plummeted $3.92, or 15.33 percent, in pre-market trading Monday, erasing all gains made since Bloomberg first reported on a potential Broadcom-Symantec deal July 2. -
Widespread Twitter Outage Disrupts Social Media Users Worldwide
by Michael Novinson
‘We are currently investigating issues people are having accessing Twitter,’ the company says on its system status page. ‘We will keep you updated on whats happening.’ -
McAfee In Talks About IPO That Could Raise At Least $1B: Report
by Michael Novinson
The public offering might come as soon as this year, and could value McAfee at more than $5 billion, people familiar with the matter told The Wall Street Journal. -
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Channel Trailblazer, U.S. Presidential Candidate Ross Perot Dies
by Michael Novinson
Ross Perot passed away Tuesday after two U.S. presidential runs and incubating Electronic Data Systems (EDS) and Perot Systems into global, multi-billion dollar IT channel giants. -
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Broadcom Secures Funding For Symantec Deal: Report
by Michael Novinson
Broadcom sees annual synergy potential of $1.5 billion in a deal that would value Symantec at more than $22 billion including debt, according to a Bloomberg report. -
Channel Mourns Loss Of Gregarious Red River CEO Jeff Sessions
by Michael Novinson
Sessions, a solution provider visionary revered by friends and colleagues for his candor and sense of humor, passed away this week. -
Partners: Broadcom-Symantec Deal Would Be 'Such A Strange Fit'
by Michael Novinson
‘I had no idea a chipmaker would make a play for an internet security company,’ says a Symantec partner who didn’t wish to be identified. ‘I don't see much in the way of advantages to this. We're not in the chip distribution business.’ -
Broadcom In 'Advanced Talks' To Purchase Symantec: Report
by Michael Novinson
Symantec's stock soared 22 percent or $4.90 to $27 in after-hours trading Tuesday, which is the highest the company's stock has traded since May 2018. -
Cloudflare CEO: Outage Stemmed From Software Flaw, Not Cyberattack
by Michael Novinson
‘This was a mistake we caused ourselves,’ Cloudflare CEO Matthew Prince tells CRN. ‘It wasn't an issue caused by someone else.’ -
'Major' Cloudflare Outage Briefly Knocks Much Of Internet Offline
by Michael Novinson
‘Major outage impacted all Cloudflare services globally,’ the company wrote on its website. ‘We saw a massive spike in CPU that caused primary and secondary systems to fall over.’
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