Intel Gets into Protection Racket, Buys McAfee for $7.7 Billion

Intel announced its largest acquisition to date this morning, and it has little to do with the chipset market it has dominated for decades. The chipmaker said it has agreed to buy antivirus software company McAfee in a $7.7 billion acquisition that will expand its security offerings.

China's Cyberwars

China’s military is under attack. At least its Web site is…from hackers. In a sign that China’s Ministry of National Defense faces the same kind of Internet security challenges that militaries around the world have reported, its new Web site was attacked more than 2.3 million times within a month of its August launch. The state-run People’s Daily newspaper reported that revelation Wednesday in an interview with the editor-in-chief of the Chinese defense department’s site, Ji Guilin.