Bloomberg:
Source: NSO Group, which has ~$400M in debt, cut 15% of its workforce and raised prices by ~20% after a potential sale to defense contractor L3Harris collapsed — Embattled spyware maker NSO Group is taking drastic steps to pacify creditors holding around $400 million in debt as it waits …
Carly Page / TechCrunch:
Google says Barcelona-based spyware vendor Variston planted spyware by exploiting zero-day flaws in Chrome, Firefox, and Windows between 2018 and 2022 — A Barcelona-based company that bills itself as a custom security solutions provider exploited several zero-day vulnerabilities in Windows …
Ivan Levingston / Bloomberg:
Dream Security, a cybersecurity company co-founded by former NSO Group CEO Shalev Hulio with a focus on protecting critical infrastructure, has raised $20M — The former chief executive officer of Israeli spyware company NSO Group, Shalev Hulio, has joined with ex-Austrian Chancellor Sebastian Kurz …
New York Times:
Greece’s Prime Minister Kyriakos Mitsotakis plans to ban selling spyware after his government was accused of surveillance, resulting in a judicial investigation — Prime Minister Kyriakos Mitsotakis announced the ban after a news report claimed that he had directed the use of spyware …
Nikhilesh De / CoinDesk:
Bankruptcy filings: FTX CEO John J. Ray III appoints new directors, discloses conversations with “dozens” of regulators, and estimates creditors at over 1M — FTX filed its first substantive look at the exchange’s bankruptcy process days after declaring bank
Reuters:
The Mexican attorney general’s office says it is investigating a ~$23M purchase of Pegasus by the prior administration and whether the NSO sold it legally — The Mexican attorney general’s office said on Sunday it is investigating the purchase of Pegasus computer spyware by the previous administration …
Meg Shen / Reuters:
Foxconn’s Xingwei agrees to sell its entire stake in embattled Chinese chip conglomerate Tsinghua Unigroup for ~$771.79M — Taiwan’s Foxconn (2317.TW), the world’s largest contract electronics maker, said on Friday its subsidiary in China has agreed to sell entire equity stake in embattled Chinese chip conglomerate Tsinghua Unigroup.
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