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Dublin: 6 °C Tuesday 22 October, 2019

#McAfee

From TheJournal.ie The man behind McAfee wants to remove passwords from the equation Obsolete

The man behind McAfee wants to remove passwords from the equation

EveryKey is a Bluetooth-powered device that can unlock accounts and devices when you’re close by

From TheJournal.ie Intel drops McAfee name to help distance itself from founder Rebrand

Intel drops McAfee name to help distance itself from founder

The service will be rebranded as Intel Security and will take effect immediately.

From TheJournal.ie One in five Irish teens have accessed content that disturbed them — survey Web Safety

One in five Irish teens have accessed content that disturbed them — survey

The new study also reveals that many Irish teenagers are keeping their parents in the dark regarding their online activity.

From TheJournal.ie McAfee hospitalised and denied asylum McAfee

McAfee hospitalised and denied asylum

He was moved to hospital after he was found lying on the floor with chest pains in the room where he was being detained.

From TheJournal.ie McAfee arrested by Guatemalan police McAfee

McAfee arrested by Guatemalan police

The anti-virus guru was arrested for entering Guatemala illegally.

From TheJournal.ie The 9 at 9: Thursday 9 At 9

The 9 at 9: Thursday

It’s the morning after the €3.5 billion day before… so let’s bring you up to speed. Good morning!

From TheJournal.ie Fugitive McAfee seeks asylum in Guatemala McAfee

Fugitive McAfee seeks asylum in Guatemala

McAfee, 67, has been identified as a “person of interest” in the killing of his neighbour in Belize.

From TheJournal.ie Anti-virus guru McAfee sought by police in murder investigation McAfee

Anti-virus guru McAfee sought by police in murder investigation

John McAfee, creator of McAfee anti-virus software, is on the run from Belizean police who want to question him about the murder of his neighbour.

From TheJournal.ie 72 global organisations hit by world's 'biggest ever cyber-attacks' Cyberterrorism

72 global organisations hit by world's 'biggest ever cyber-attacks'

The UN, US and Canadian governments are among six dozen high-profile targets of the largest ever hacking attack.

From TheJournal.ie Smartphone viruses increased 46 per cent in 2010 Smartphone Viruses

Smartphone viruses increased 46 per cent in 2010

Growth of mobile malware has hit an all-time high, according to the latest report from online security group McAfee. The good news: the number of spam emails is down.

PROCESSOR MANUFACTURER INTEL has agreed a massive €6bn cash deal to buy the security and anti-virus firm McAfee.

The deal will see Intel pay $48 (€37.40) per share for the security company, compared to the $29.93 closing price for McAfee shares on the NASDAQ yesterday evening.

Unsurprisingly, McAfee shares have taken an extraordinary spike this morning and were trading at $47.16 – an increase of 57.6% – at the time of writing.

It shares had been worth similar amounts as recently as the end of April, when the company revised its Q2 earnings significantly downward, but recovered some of its value when its ultimate Q2 earnings were higher than its downward forecasts.

Intel said that the deal would reduce its own net earnings in the first year after takeover, but that the takeover would significantly augment its own security services. Its own shares are down slightly today as a result.

It added that the takeover reflected how security was now a concern at the very core of computing, joining energy efficiency and connectivity as the ‘third pillar’ of computing requirement.

The processing giant – which employs over 4,000 people at its campus in Leixlip – said in its earnings reports for 2009 that it had almost $4bn in the bank and another $5.2bn in short-term investments – meaning it will probably have to seek a reasonable amount of financing to help fund the deal.