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Synopsys Plans 10% Job Cuts After Ansys Deal Closure

2 hours 20 minutes ago
An anonymous reader shares a report: Synopsys will lay off about 10% of its workforce, or roughly 2,000 employees, as the chip-design software maker looks to redirect investment towards growth opportunities, according to a regulatory filing on Wednesday. The move comes after the company completed its $35 billion cash-and-stock acquisition of engineering design firm Ansys earlier this year and missed analysts' estimates for third-quarter revenue in September.

Read more of this story at Slashdot.

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North Korean spies turn Google's Find Hub into remote-wipe weapon

2 hours 25 minutes ago
KONNI espionage crew covertly abused Google’s Find My Device feature to remotely factory-reset Android phones

North Korean state-backed spies have found a new way to torch evidence of their own cyber-spying – by hijacking Google's Find Hub service to remotely wipe Android phones belonging to their South Korean targets.…

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