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CA Acquires Layer 7 Technologies To Connect Cloud, Mobile And Internet Of Things As API Market Starts To Consolidate

CA Technologies announced this morning that it has acquired API management company Layer 7. It is the second major acquisition of an API management company in the past week, signaling a consolidation of a market that larger companies see as vital for closing the gap between on-premise and online infrastructure and apps. Last week, Intel acquired Mashery for $180 million. The acquisition price for Layer 7 was not disclosed but the Mashery price serves as  a good guide for what CA was ready to pay. CA also announced it is buying Nolio, a company that provides  continuous application delivery. In a press release,  CA said its solution combined with Layer 7 will help organizations to better manage and secure APIs and better deliver applications in the cloud across mobile and web environments. CA said the acquisition will help: Securely enable strategic cloud, mobile and “Internet of Things” initiatives through API security and management Accelerate service delivery and increase ...

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Found 4 weeks ago on channel TechCrunch

The Search Engine More Dangerous Than Google

mallyn writes "This is an article about a search engine that is designed to look for devices on the net that are not really intended to be viewed and used by the general public. Devices include pool filters, skating rink cooling system, and other goodies. 'Shodan runs 24/7 and collects information on about 500 million connected devices and services each month. It's stunning what can be found with a simple search on Shodan. Countless traffic lights, security cameras, home automation devices and heating systems are connected to the Internet and easy to spot. Shodan searchers have found control systems for a water park, a gas station, a hotel wine cooler and a crematorium. Cybersecurity researchers have even located command and control systems for nuclear power plants and a particle-accelerating cyclotron by using Shodan. ... A quick search for "default password" reveals countless printers, servers and system control devices that use "admin" as their user name and "1234" as their password. ...

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Found 1 month ago on channel Slashdot

Digital Forensics And Cyber Security Firm AccessData Gets $45M Investment From Sorenson Capital, Silicon Valley Bank

AccessData was among the first companies to focus on digital forensics, cyber security and litigation support when it was founded all the way back in 1987. The company never took any outside funding. That is, until today. Access data just announced that it has received a $45 million investment from Sorenson Capital Partners and Silicon Valley Bank. This funding, the company says, allows it to “reduce outside ownership and add Sorenson as a strategic, long-term partner.” The investment consists of a $20 million equity trade from Sorenson Capital and $25 million in structured debt from Silicon Valley Bank. In today’s announcement, AccessData’s CEO Tim Leehealey explains the company’s decision for this move and argues that “by consolidating our ownership and adding a strategic partner like Sorenson Capital, while strengthening our relationship with Silicon Valley Bank, AccessData is better positioning itself to take advantage of its unique place in the market.” “By combining ...

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Found more than 1 month ago on channel TechCrunch

Netflix Announces “Netflix Cloud Prize” Contest, Will Award Developers $10K Across 10 Categories For Improvements To Open Source Cloud Technologies

Netflix is announcing a new developer contest today called the “Netflix Cloud Prize,” which is promising prize money of $100,000 to those who improve the features, usability, quality, reliability, and security of Netflix’s cloud computing services, hosted here on GitHub. The contest is open to anyone with their own GitHub account, and to participate, they only need to fork Netflix’s repository to get started. The company explains the importance of its cloud computing infrastructure in a statement released today, saying that “every piece of the Netflix experience that members see when browsing TV shows and movies to stream on any device is delivered from the cloud.” Today, Netflix adds, over 33 million of its members benefit from Netflix’s cloud technology. “We’re laying railroad tracks for cloud adoption and usage,” said Neil Hunt, chief product officer at Netflix, in a release. “The Netflix Cloud Prize is designed to improve understanding of what it takes to build ...

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Found more than 1 month ago on channel TechCrunch

Read What Facebook’s Sandberg Calls Maybe ‘The Most important Document Ever To Come Out Of The Valley’

Facebook’s No. 2 top dog, COO Sheryl Sandberg, recently said that Netflix’s company culture document “may well be the most important document ever to come out of the Valley.” The document, a bullet-point-happy PowerPoint, has become a cultural manifesto for the Internet’s economic epicenter, amassing over 3.2 million views on Slideshare.net. More than simply a management guide, it’s a window into a philosophy that thrives on uncertainty, creativity, and trust — a blinding contrast to the hierarchical culture that dominated much of the 20th century workplace. To the extent that innovation and the Internet play a role in the modern workplace, it is a crystal ball into the future of daily life. We’ve summarized the most telling principals below: Creativity is Most Important In procedural work, the best are 2x better than the average. In creative/inventive work, the best are 10x. The technology industry, especially, is haunted by the ever-present fear of obsolescence. As Internet ...

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Found more than 1 month ago on channel TechCrunch