Today’s Tech Sightings:
WSJ: Apple in Talks With India to Manufacture Locally
Apple has been in communication with the Indian government to explore manufacturing its products locally in India. According to the Wall Street Journal, Apple sent a letter to New Delhi to lay out manufacturing plans and request financial incentives. India’s Prime Minister, Narendra Modihas, has been pushing to encourage technology manufacturing in the country with his ‘Make in India’ initiative.
Methbot: Russian Botnet Steals Millions From US Companies Every Day
Cybersecurity company WhiteOps has uncovered a large Russian botnet operation, called Methbot, that steals an estimated $3 million to 5 million every day from U.S. businesses. Methbot watches about 300 million video-based advertisements on popular U.S. media and business sites and manipulates expensive ads to create false views. The hackers also put up fake websites that advertisers mistakenly believe are legitimate, so ad revenue ends up in the hackers’ pockets.
Facebook Accused of Misleading Europe on WhatsApp Deal
European officials filed charges Tuesday, accusing Facebook of misleading them to get approval for its $19-billion WhatsApp purchase. Facebook could potentially end up paying a fine of up to $200 million. The social media giant has been running into trouble in Europe with its hate speech and fake news problems. And the European Union has been investigating WhatsApp for suddenly abandoning its privacy promises and deciding to share all of its user data with Facebook.
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