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Showing posts from January, 2020

Zomato orders Uber Eats: Zomato acquires Uber Eats in an all-stock transaction

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Online food delivery and restaurant discovery platform Zomato has acquired the Indian operations of Uber Eats, the food delivery business run by Uber, for around $350 million (Rs 2,485 crore), two people in the know of the deal said. The all-stock transaction will give the US-based ride-hailing company about 10% shareholding in Gurgaon-based Zomato. Uber Eats will cease to exist as a separate brand locally and users on its platform will be redirected to Zomato’s app, said one of the people privy to the details. Zomato will not absorb Uber Eats’ team in India. This means around 100 executives will either be reallocated to Uber’s other verticals here or laid off.

The US National Security Agency (NSA) has discovered a major flaw in Windows 10

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The US National Security Agency (NSA) has discovered a major flaw in Windows 10 that could have been used by hackers to create malicious software that looked legitimate. Microsoft has issued a patch and said it had seen no evidence of the bug being exploited by hackers. The issue was revealed during an NSA press conference. It was not clear how long they had known about it, before revealing it to Microsoft. Brian Krebs, the security expert who first reported the revelation, said the software giant had sent the patch to branches of the US military and other high-level users ahead of its wider release. It was, he wrote, "extraordinarily scary". The problem exists in a core component of Windows known as crypt32.dll, a program that allows software developers to access various functions, such as digital certificates which are used to sign software. It could, in theory, have allowed a hacker to pass off a piece of malicious software as being entirely l