- The chipmaker Broadcom has admitted defeat in its attempt to acquire smaller rival Emulex, putting its market share in corporate networks and data centres under pressure. In what has been a bitter takeover battle, the Emulex board unanimously rejected Broadcom’s latest and final offer of $11 a share, valuing the company at $912m.
- The waves of cyber-attacks that crippled government and commercial websites in the US and South Korea relied on roughly 200,000 computers, more than triple earlier estimates, and used an established technique for spreading the infections through other compromised internet pages, researchers said on Thursday.
- Following widespread reports that advertisers were being overcharged on Facebook, one company has filed a lawsuit against the social network. RootZoo, a sports site, is alleging that Facebook charged it for more “clickthroughs” than RootZoo actually received. RootZoo also said that it sought compensation from Facebook, but was denied.
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