Latest Gadgets News

Reliance Industries late on Friday said US private equity fund Silver Lake and its co-investors will invest an additional Rs. 4,546.80 crores in the company's digital unit Jio Platforms.

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Latest Tech News

A tiny company has combined an AMD Ryzen Embedded V1605B with a Microchip ATmega32U4 MCU for real-time I/Os and Arduino compatibility.

The UDOO Bolt V8 costs $418 (roughly £330/AU$600) before tax/shipping and VAT and was one of the hardware success stories of 2018 for crowdfunding platform Kickstarter, despite shipping much later than expected.

It's essentially a motherboard with a quad-core Ryzen CPU with 32GB eMMC 5.0 storage, Vega 8 graphics and two DDR4 SODIMM sockets, plus a stylish brushed metal case and a Wi-Fi/Bluetooth M2 card.

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You can drive up to four 4K displays via HDMI and DP alternate mode on USB Type-C. In addition, there are two M2 slots and one SATA, with a Gigabit Ethernet port, two USB 3.0 ports, audio connectors and a 65W power supply unit.

The ATmega32U4 comes with its own set of digital I/O pins, which sets it apart from the competition, especially as the board is surprisingly small (120 x 120mm) -  although still bigger than the Raspberry Pi (85 x 56mm).

The Bolt V8's unique selling point is the fact the Arduino controller can act as a virtual valet to the Ryzen chip, waking it up when necessary (e.g. to perform a resource-hungry task such as mining or encryption).

Who is this board aimed at? Makers, developers but also anyone interested in a powerful computer in a small form factor with plenty of connectivity options. Yes, it is expensive, but then it is also one-of-a-kind.

• Here's our list of the best laptops for audio editing on the market

Bear in mind

• If the UDOO Bolt V8 does not ship to your region, you may have to use a specialist parcel forwarding service if you want to take advantage of the deal.
• If you've managed to get hold of a cheaper product with equivalent specifications, in stock and brand new, let us know any we'll tip our hat to you.

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Latest Tech News

This has to be some kind of record. It is pandemic time. There is lockdown everywhere. Economy in most countries is in a tailspin. And in this situation, Reliance Industries digital subsidiary Jio Platforms has raised $12.2 billion in just under two months.

On a day when Abu Dhabi-based sovereign firm Mubadala committed itself to invest $1.2 billion in Jio Platforms, it emerged that Silver Lake and its co-investors will invest an additional $600 million (Rs 4,546.80 crore) in Jio Platforms, in addition to the nearly $750 million  (Rs 5,655.75 crore) it had put in on May 4, 2020. 

Silver Lake’s investment values Jio Platforms at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore, and will translate into a 2.08% equity stake in Jio Platforms on a fully diluted basis. 

Silver Lake is the global leader in large-scale technology investing. Its mission is to build and grow great companies by partnering with world-class management teams. Its investments have included Airbnb, Alibaba, Alphabet’s Verily and Waymo units, Dell Technologies, Twitter and numerous other global technology leaders.

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With this investment, Jio Platforms has raised $12.2 billion (Rs 92,202.15 crore) from leading technology investors in less than six weeks including Facebook, Silver Lake (previous investment), Vista, General Atlantic and KKR, Mubadala and now Silver Lake again, in less than six weeks. The market belief is that Reliance has targeted raising Rs 85,000-Rs 90,000 crore from stake sales in Jio Platforms.

Jio Platforms, with more than 388 million subscribers, has made significant investments across its digital ecosystem, powered by leading technologies spanning broadband connectivity, smart devices, cloud and edge computing, big data analytics, artificial intelligence, Internet of Things, augmented and mixed reality and blockchain.

Vote of confidence on Jio

Commenting on the aggregate investment brought by Silver Lake, Mukesh Ambani, Chairman and Managing Director, Reliance Industries Ltd, said, “Silver Lake and its co-investors are valued partners as we continue to grow and transform the Indian digital ecosystem for the benefit of all Indians. We are pleased to have their confidence and support, as well as the benefit of their leadership in global technology investing and their valued network of relationships, as we drive the Indian Digital Society’s transformation." 

He added: "I would like to emphasise that Silver Lake’s additional investment in Jio Platforms, within a span of five weeks during the Covid-19 pandemic, is a strong endorsement of the intrinsic resilience of the Indian economy, which will surely grow bigger with comprehensive digital enablement.”

 Commenting on the investment, Egon Durban, Silver Lake Co-CEO and Managing Partner, said, “We are excited to increase our exposure and bring more of our co-investors into this opportunity, further supporting Jio Platforms in its mission to bring the power of high-quality and affordable digital services to a mass consumer and small businesses population." 

"The investment momentum behind Jio validates a compelling business model and underscores our admiration for Mukesh Ambani, his team and their courageous vision in creating and building one of the world’s most remarkable technology companies," he added in a press release.

While Jio is blazing new trails, its Indian competitors Airtel and Vodafone-Idea are struggling, and are said to be in talks with Amazon and Google respectively in a bid to lure in investments.

(You can read everything about Jio Platforms and its various investors in our comprehensive coverage here).

• Reliance Jio Mart launched - how will it impact India's e-commerce?

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Latest Tech News

A new phishing campaign is targeting Office 365 customers by impersonating their organizations in messages telling them they need to update their VPN configuration while working remotely.

The phishing emails used in the campaign are made to look as if they come from an organization's IT support department in an effort to lure employees into opening them. According to the email security firm Abnormal Security, so far 15,000 targets have received these convincing phishing emails.

VPN usage has soared with more employees working from home than ever before as a result of the pandemic which is why this and other recent phishing campaigns have been so effective. Employees rely on VPNs as a means to connect to their company servers and access sensitive data while working remotely.

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Office 365 credentials

The attackers behind this campaign have gone to great lengths to make not only their phishing emails but also their phishing landing pages more convincing.

For starters, the attackers are spoofing the sender email address in their phishing emails to match the domain of targets' organizations. The VPN configs sent in these emails actually take users to a phishing landing page that accurately impersonates Microsoft's Office 365 login page. This fake login page is also hosted on a domain owned by Microsoft.

By abusing the Azure Blob Storage platform, the attackers have made it so their landing page has a valid Microsoft certificate that displays the secure padlock since they are using a web.core.windows.net wildcard SSL certificate. Most users would see that the certificate was issued by Microsoft and not even think twice about entering their Office 365 credentials.

In a blog post, Abnormal Security warned that this campaign is widespread and that numerous versions of this attack have been spotted in the wild, saying:

“Numerous versions of this attack have been seen across different clients, from different sender emails and originating from different IP addresses. However, the same payload link was employed by all of these attacks, implying that these were sent by a single attacker that controls the phishing website.”

To avoid falling victim this campaign, users should only enter their Office 365 credentials on official login pages hosted by Microsoft on its microsoft.com, live.com or outlook.com domains.

• Also check out our complete list of the best VPN services

Via BleepingComputer

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