IBM Buys "Red Hat" Open-Source Software Company for $34 Billion

It's been quite a year for the open source platforms. Earlier this year, Microsoft acquired popular code repository hosting service GitHub for $7.5 billion, and now IBM has just announced the biggest open-source business deal ever. IBM today confirmed that it would be acquiring open source Linux...

Chinese Hackers Use Canadian Law Firms as Backdoor to Client

Hackers operating behind Chinese IP addresses reportedly compromised seven Canadian law firms and the Canadian Finance Ministry and Treasury Board in an attempt to disrupt the high-profile acquisition of the Potash Corporation of Saskatchewan by the Australian mining giant BHP Billiton Ltd...