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Corel confirms it has acquired virtualization specialist Parallels

Last month, we broke the news that Corel was buying Parallels, a pioneer in virtualization, to expand its footprint in the world of business software. Now that deal is official: today Canada-based Corel confirmed that it has acquired the company. Now products like CorelDraw and productivity apps like WordPerfect will sit alongside Parallels Desktop for Mac, Parallels […]

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Justice Department accuses Chinese spies of hacking into dozens of US tech and industry giants

The Justice Department has unsealed a damning indictment that links to spies working for the Chinese government an aggressive campaign to hack into U.S. tech and industry giants. The indictment, out Thursday, accuses China’s main intelligence agency — the Ministry of State Security — of hacking into dozens of tech companies and government departments, largely […]

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Autodesk adds to construction software biz with acquisition of BuildingConnected for $275M

Autodesk announced this morning that it intends to buy construction software platform BuildingConnected for $275 million (net of the startup’s cash on hand). It comes on the heels of the company’s PlanGrid purchase for $875 million just last month. With BuildingConnected, the company gets a network of 700,000 construction-related professionals that help real estate companies and […]

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Facebook and Twitter remove accounts spreading fake news ahead of Bangladesh’s elections

Twitter and Facebook announced this morning they’ve removed a combined total of 30 accounts that were working to spread misinformation in Bangladesh, ten days before the country’s general elections. According to Facebook, the company removed nine Facebook Pages and six Facebook accounts that were engaging in “coordinated inauthentic behavior.” Twitter said it removed 15 accounts that […]

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