FOXCONN

Apple Supplier Foxconn In Talks To Build $9 Billion Factory In Saudi Arabia

 Foxconn, the biggest assembler of Apple iPhones, is in talks with Saudi Arabia about jointly building a $9 billion multipurpose facility (Warning: source paywalled; alternative source) that could make microchips, electric-vehicle components and other electronics like displays, according to people familiar with the matter. The Saudi government is reviewing an Read more…

MALWARE

New CaddyWiper Data Wiping Malware Hits Ukrainian Networks

Newly discovered data-destroying malware was observed earlier today in attacks targeting Ukrainian organizations and deleting data across systems on compromised networks. BleepingComputer reports: “This new malware erases user data and partition information from attached drives,” ESET Research Labs explained. “ESET telemetry shows that it was seen on a few dozen Read more…