AP Photo/Kirsty Wigglesworth/File In this Feb. 5, 2016, file photo WikiLeaks founder Julian Assange speaks on the balcony of the Ecuadorean Embassy in London. Google and Microsoft have reportedly said they are still waiting for Wikileaks to disclose the tools it said the CIA used in order to hack into some of those companies’ products and services.
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Still Waiting…Remember, oh, say six days ago, when WikiLeaks published almost 9,000 documents, which the activist group said detailed CIA efforts to hack into the products and services of tech companies such as Apple, Google and Facebook’s WhatsApp? Ah, how long ago it seems that was.
The group said it would give those companies the information it possessed about which tools the CIA allegedly used to launch its widespread hacking plan. It seemed pretty altruistic to tell tech giants, most of whom tout how secure their products are, just how the CIA might have poked holes in their defenses.
But, like Tom Petty said in one of his classic songs: “The waiting is the hardest part.”
Both Google and Microsoft have reportedly said they haven’t heard a word from WikiLeaks, or its head WikiLeaker, Julian Assange, about turning over anything that could aid the companies in figuring out just which parts of their software, products or other services were vulnerable to the CIA’s alleged snooping. Google officials are said to have begun questioning outright whether WikiLeaks really has such information. Microsoft has mostly remained mum on the subject, saying it just wants anyone with security questions or concerns to email the company.
So, whether WikiLeaks really has the goods on the CIA’s alleged hacking tools, secrecy still seems to be ruling the day. That should suit the CIA just fine, as it has yet to comment on WikiLeaks’ claims and whether the documents are real.
A $15.3 Billion Drive: Intel wasted little time getting busy this week, as the world’s largest semiconductor company came out Monday morning spending like it was on a hot streak at a Vegas blackjack table.
Before most of the Bay Area had woken up, Intel said it had agreed to acquire Mobileye, a maker of camera systems for self-driving cars, for $15.3 billion. Intel has been pushing further in to the self-driving car market, and has already worked with Mobileye, which is based in Jerusalem, on a partnership to develop open platforms for BMW self-driving cars.
The deal values Mobileye at $63.54 a share, or 34 percent higher than where Mobileye’s shares closed on Friday.
Pandora Goes Premium: Oakland-based Pandora Media was one of the earliest proponents of internet-based streaming music (or, internet radio, as Pandora calls it), but it was very late to the game in offering a true, ad-free, on-demand, subscription-based option for its listeners. Well, Pandora has finally filled that hole in its product line.
On Monday, Pandora said its new Pandora Premium service would roll out by invitation to select customers this week before being made available to the company’s entire base of subscribers. Pandora Premium will cost $9.99 a month and is seen as Pandora’s answer to similar on-demand subscription music-streaming services from Spotify and Apple Music.
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Here’s a look at how some leading Silicon Valley stocks did Monday.
Movin’ on Up: Gains came from Rocket Fuel, Aviat Networks, Veeva Systems, Ultra Clean Holdings and Gigamon.
In the Red: Decliners inluded NeoPhotonics, GoPro, ShoreTel, Synaptics and Silver Spring Networks.
The tech-focused Nasdaq Composite Index rose 0.2 percent to 5,875.78.
The blue chip Dow Jones Industrial Average edged down by 0.1 percent to end the day at 20,881.48.
And the broad-based Standard & Poor’s 500 Index finished the day at almost exactly where it opened, with a gain of less than 1 point at 2,373.47.
Quote of the Day: “There was a part of me that knew I solved it, but I wondered is that really it?” — Jimmy Waters, a high school math teacher from Knoxville, Tenn. Waters was referring to the semaphone signs that have been transmitted from the top of Adobe Systems’ San Jose headquarters since 2012. Waters decoded the message as the audio from when Neil Armstrong broadcast his first steps on the moon back in 1969.
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