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CPNG INVESTOR NOTICE Coupang, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Globenewswire· 2026-01-19 18:26
Core Viewpoint - Hagens Berman is notifying investors about a pending securities class action against Coupang, Inc. regarding alleged misrepresentation of cybersecurity protocols and a significant data breach affecting customer information [1][2]. Group 1: Legal Proceedings - The lead plaintiff deadline for the class action lawsuit is set for February 17, 2026 [4]. - The class period for the lawsuit covers transactions from May 7, 2025, to December 16, 2025 [4]. - The key allegation involves delayed disclosure of a cybersecurity breach detected on November 18, 2025 [4]. Group 2: Allegations and Breach Details - The lawsuit claims that Coupang misled investors by assuring them of adequate cybersecurity measures while concealing a breach that allowed unauthorized access to sensitive customer data [2][5]. - On November 29, 2025, Coupang disclosed that its systems were infiltrated, affecting approximately 33.7 million customer accounts in Korea [7]. - The breach is believed to have begun on June 24, 2025, via overseas servers [7]. Group 3: Executive Changes and Regulatory Actions - Coupang's CEO, Park Dae-joon, resigned on December 10, 2025, in connection with the data leak incident [7]. - Following the breach, Coupang announced a compensation plan of 1.685 trillion won (over $1 billion) to restore customer trust [7]. - Korean regulators have initiated investigations into the incident, and Coupang is cooperating fully [7]. Group 4: Investigation and Whistleblower Information - Hagens Berman is investigating whether Coupang was aware of inadequate cybersecurity practices but failed to disclose this information [6]. - Reports suggest that the breach may have involved a former employee using authentication keys that remained valid for an extended period [8]. - Whistleblowers with non-public information regarding Coupang are encouraged to come forward, with potential rewards under the SEC Whistleblower program [9].
BlackBerry Limited (BB) is a Sector Perform at RBC Capital Despite QNX Business Concerns
Yahoo Finance· 2026-01-18 17:30
Core Viewpoint - BlackBerry Limited (NYSE:BB) is identified as a promising debt-free penny stock, with RBC Capital maintaining a Sector Perform rating and a price target of $4.50, despite facing near-term challenges in its QNX business due to project deferrals and platform launch delays [1][2]. Financial Performance - QNX revenue grew by only 7% in the third quarter, which is below the long-term target of a 14% compound annual growth rate, indicating a trend towards the lower end of the company's growth expectations [2]. - BlackBerry achieved its third consecutive quarter of GAAP profitability in Q3 FY26, with non-GAAP earnings per share rising to $0.05, surpassing consensus estimates by 25% [2][3]. - Total revenue for the quarter reached $141.8 million, while GAAP net income was reported at $13.7 million, reflecting a significant improvement of $24 million compared to the same quarter last year [3]. Business Focus - BlackBerry has transitioned from manufacturing phones to providing intelligent security software and solutions, emphasizing sectors such as the Internet of Things (IoT), cybersecurity, and embedded systems, particularly in the automotive industry [4].
Does a Major Disruption Like Wednesday’s Verizon Outage Even Move the Needle for VZ Stock? What You Need to Know.
Yahoo Finance· 2026-01-16 16:17
Core Viewpoint - Verizon Communications experienced a significant service outage that affected cellular data and voice services, raising concerns among customers and shareholders about the company's operational reliability and cybersecurity [1][2]. Company Overview - Verizon is one of the largest telecom companies in the U.S., with 210 million wireless customers, 10.6 million broadband customers, and 31 million business accounts [3]. - The company has a market capitalization of $166 billion, making it the third-largest U.S. telecom by market cap, following T-Mobile US and AT&T [4]. Financial Performance - Verizon's stock dropped nearly 3% during the outage, and while it has not fully recovered, shares are up nearly 2.5% over the last year, underperforming the S&P 500, which is up 17% [3][4]. - The company offers a generous dividend yield of 7%, paying $0.69 per share, resulting in a total return of 10.1% over the last 12 months when dividends are considered [5]. Leadership Changes - Verizon is under new leadership, with Daniel Schulman taking over as CEO in October 2025, who has committed to implementing changes to improve the company's stock price [5]. - Schulman acknowledged that Verizon is not meeting its potential and is not delivering the expected shareholder returns, despite significant investments in network leadership [6].
COUPANG, INC. SECURITIES FRAUD NOTICE: Berger Montague Informs Coupang, Inc. (CPNG) Investors of Securities Fraud Lawsuit
TMX Newsfile· 2026-01-16 15:36
Core Viewpoint - A class action lawsuit has been filed against Coupang, Inc. for allegedly misleading investors about its cybersecurity practices during a specified period, leading to significant financial losses due to a data breach revelation [1][2][3]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who acquired Coupang securities from May 7, 2025, to December 16, 2025 [1]. - Investors have until February 17, 2026, to seek appointment as lead plaintiff representatives [2]. - The complaint claims that Coupang had inadequate cybersecurity measures, increasing the risk of a data breach [2]. Group 2: Cybersecurity Incident - In November 2025, it was disclosed that a data breach had compromised sensitive personal information of over 33 million customers [3]. - Following the breach disclosures, Coupang's stock price experienced significant declines, culminating in an acknowledgment of the cybersecurity event on December 16, 2025 [3]. - This incident is noted as the largest cybersecurity event affecting South Korea to date [3].
Grant Thornton survey shows 52% of CFOs optimistic about US economy
Yahoo Finance· 2026-01-16 14:49
Group 1 - 52% of CFOs are optimistic about the US economy, a slight increase from 51% last quarter, contrasting with previous fluctuations [1] - The survey included responses from 230 finance leaders, indicating a steady outlook compared to the sharp swings seen after last year's election and Q2 tariff announcements [1][2] - CFOs are investing in digital tools and automation to tackle uncertainty and are focusing on building agile organizations to enhance efficiency and capture growth opportunities [2] Group 2 - Confidence in meeting supply chain needs remained unchanged at 57%, while confidence in meeting labor needs increased to 53% from 51% in the previous quarter [3] - Confidence in cost control rose to 53% from 50%, and confidence in growth increased to 49% from 46% [3] - 67% of CFOs expect to increase IT and digital transformation budgets next year, indicating a strengthening in technology spending plans [3] Group 3 - Cybersecurity budgets are expected to rise, with 60% of respondents forecasting an increase, which is a 17% rise from the previous quarter [4] - 51% of respondents expect operating expenses to rise over the next year [4] - 44% of CFOs believe the One Big Beautiful Bill Act will benefit their business, while 18% anticipate it will negatively impact their financial position [4]
Proem Acquisition(PAACU) - Prospectus(update)
2026-01-15 22:28
As filed with the Securities and Exchange Commission on January 15, 2026. Registration No. 333-292217 (I.R.S. Employer Identification Number) UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ––––––––––––––––––––––––––––––––––––––– AMENDMENT NO. 1 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ––––––––––––––––––––––––––––––––––––––– Proem Acquisition Corp I (Exact name of registrant as specified in its charter) ––––––––––––––––––––––––––––––––––––––– | Cayman Islan ...
CPNG INVESTOR ALERT: Hagens Berman Investigating Claims in Pending Coupang, Inc. (CPNG) Suit Over Data Breach
Globenewswire· 2026-01-15 21:34
Core Viewpoint - Hagens Berman is notifying investors about a pending securities class action against Coupang, Inc. regarding alleged misleading statements about its cybersecurity protocols and a significant data breach affecting customer information [1][2]. Group 1: Legal Proceedings - The lead plaintiff deadline for the class action lawsuit is set for February 17, 2026 [5]. - The class period for the lawsuit covers transactions from May 7, 2025, to December 16, 2025 [5]. - The key allegation involves delayed disclosure of a cybersecurity breach detected on November 18, 2025 [5]. Group 2: Allegations and Breach Details - The lawsuit claims that Coupang misrepresented the effectiveness of its cybersecurity measures and concealed a breach that allowed unauthorized access to sensitive customer data [2][6]. - The breach reportedly involved access to approximately 33.7 million customer accounts in Korea, with unauthorized access believed to have begun on June 24, 2025 [9]. - Coupang's CEO resigned on December 10, 2025, in connection with the data leak incident, and the company appointed an interim CEO [9]. Group 3: Regulatory and Financial Implications - Coupang acknowledged awareness of the cybersecurity incident on November 18, 2025, but did not disclose it publicly until December 16, 2025 [9]. - Following the breach, Coupang announced a compensation plan of 1.685 trillion won (over $1 billion) to restore customer trust [9]. - Korean regulators have initiated investigations into the incident, and Coupang is cooperating fully [9].
SentinelOne, Inc. (S): A Bull Case Theory
Yahoo Finance· 2026-01-15 19:00
Core Thesis - SentinelOne, Inc. is positioned as a key consolidator in the cybersecurity space, leveraging its AI-native security platform, Singularity, which integrates various security functions and features [2] Group 1: Growth Strategy - The company's growth strategy is built on three main pillars: rapid AI innovation with Purple AI, cloud expansion through PingSafe CNAPP, and AI/agent security via the upcoming Prompt Security acquisition [2] - Management has raised FY26 revenue guidance following a strong Q2, focusing on disciplined and profitable growth while reallocating resources towards AI, data, and cloud initiatives [3] Group 2: Financial Performance - In Q2 FY26, SentinelOne reported revenue of $242.2 million, reflecting a 22% year-over-year increase, with an Annual Recurring Revenue (ARR) of $1 billion, up 24% year-over-year [4] - The non-GAAP gross margin was reported at 79%, with an operating margin of 2%, indicating continued margin expansion and a strong financial outlook [4] Group 3: Future Outlook - The successful integration of Prompt Security, expansion of CNAPP cross-sell, and platform consolidation are expected to drive durable double-digit growth and operating leverage [5] - The company aims to scale ARR to $1 billion, achieve gross margins in the high-70s, and target full-year operating profitability and positive free cash flow by FY26 [3]
CISO Global Partners with TeleDental to Launch CyberSimple® Powered by CHECKLIGHT® to Protect Dental Clinics From Cyber Threats
Globenewswire· 2026-01-15 13:30
Core Insights - CISO Global, Inc. has formed a strategic partnership with TeleDental.com and DentalChat.com to provide CyberSimple powered by CHECKLIGHT, a cybersecurity solution tailored for dental practices [1][2] Group 1: Partnership and Market Potential - The collaboration will initially extend cybersecurity protection to over 358 dental clinics across the U.S., with significant potential for expansion in the dental market [2] - There are approximately 190,000 dental practices in the U.S., representing a total addressable market (TAM) of around $350 million annually for cybersecurity solutions tailored to dental clinics [3] Group 2: Product Offering - CyberSimple powered by CHECKLIGHT offers up to $1.5 million in financial protection against cyberattacks, ransomware, and data breaches, while ensuring compliance with HIPAA and safeguarding patient protected health information (PHI) [4] - The platform integrates continuous monitoring, threat detection, incident response, and financial risk mitigation, allowing dental professionals to focus on patient care rather than cybersecurity management [6] Group 3: Industry Context - Dental practices are increasingly targeted by cybercriminals due to limited IT resources and the high value of patient data, necessitating effective cybersecurity solutions [5] - The partnership addresses the growing cyber threats faced by dental practices, providing a simplified and scalable cybersecurity solution [7]
I Asked ChatGPT What Jobs Will Pay $200K in 2030 — Here’s What It Said
Yahoo Finance· 2026-01-15 11:58
Core Insights - The article identifies six main job categories expected to pay $200,000 or more by 2030, driven by automation, limited talent supply, and strong demand [1] Group 1: Advanced AI and Machine Learning Roles - AI and machine learning jobs are projected to lead in high salaries, with specialized roles such as AI and ML architects, generative AI specialists, cybersecurity engineers, and cloud AI engineers [2][3] - Current salary data shows machine learning engineers averaging $182,300 annually, with top AI and ML engineers earning a median of $243,333 [4] - The global AI market is expected to approach $2 trillion by 2030, indicating sustained demand for these positions [4] - Job growth for computer and information research scientists is projected at 26% from 2023 to 2033, significantly higher than the 4% average for all occupations [5] Group 2: Cybersecurity and Data Security Leaders - Cybersecurity leadership roles are also anticipated to reach $200,000 by 2030, as digital threats increase and security becomes a corporate priority [6] - Key positions include cybersecurity architects and directors, who are responsible for enterprise-level security strategies, and blockchain security engineers [7] - Current salaries for cybersecurity architect directors average $212,699, with security architects earning between $189,525 and $224,667, and top earners reaching up to $355,463 [8]