Cybersecurity
Search documents
VCI Global Declares Special Dividend of V Gallant Shares as Cybersecurity & AI Subsidiary Prepares for Nine-Figure Nasdaq IPO
Globenewswire· 2025-11-17 13:08
Core Insights - VCI Global Limited has announced a special dividend of 10% of its cybersecurity and AI subsidiary, V Gallant Limited, to be distributed to all shareholders, marking a strategic move towards unlocking value ahead of V Gallant's planned Nasdaq IPO [1][2][3] Group 1: Dividend Announcement - The special dividend will be distributed on a pro rata basis to all VCIG shareholders, representing a 10% equity interest in V Gallant [1][4] - The record date for the dividend distribution will be announced after administrative procedures are completed, with confirmation expected within 7-14 days [4] Group 2: Strategic Rationale - The distribution aims to broaden shareholder participation in V Gallant, reduce corporate concentration, and enhance trading liquidity, aligning long-term interests across both entities [2][6] - This move is part of VCI Global's value-unlocking strategy as V Gallant prepares for its Nasdaq carve-out IPO, which is projected to have a nine-figure valuation based on internal estimates and market comparables [2][5] Group 3: V Gallant's Positioning - V Gallant is recognized as one of VCI Global's fastest-scaling technology units, focusing on cybersecurity and AI solutions for enterprises and government organizations [3][7] - The company is advancing through key preparatory milestones for its IPO, including audit completion, valuation review, and engagement with institutional investors [5][6]
Allot to Participate in the 6th Annual Needham Tech Week Conference on November 24, 2025
Globenewswire· 2025-11-17 11:24
Core Insights - Allot Ltd. is participating in the 6th Annual Needham Tech Week from November 20-24, 2025, with CEO Eyal Harari and CFO Liat Nahum attending [1] - The company will host virtual investor meetings on November 24, 2025, for interested parties to schedule meetings through Needham representatives or the investor relations team [2] Company Overview - Allot Ltd. is a leading provider of Security-as-a-Service (SECaaS) and network intelligence solutions for communications service providers and enterprises globally [2] - The company offers a range of services including network-native cybersecurity, application analytics, and traffic control, with over 500 service providers and 1000 enterprises utilizing its solutions [2] - Allot's security-as-a-service solution is currently used by millions of subscribers worldwide [2]
X @Bloomberg
Bloomberg· 2025-11-17 08:54
RT Bloomberg Live (@BloombergLive)Where do vulnerabilities lurk in today’s digital value chain? @business’ @Lynnmdoan sits down with @CVSHealth’s Alan Rosa at #BloombergTech #BTechCybersecurity on 12/8.🔒https://t.co/nWBmPb0yy2 https://t.co/eMXoAhlyWB ...
Could Akamai Stock Drop 30%?
Forbes· 2025-11-16 16:10
Core Insights - Akamai has experienced stock fluctuations, peaking at $101 in early 2025 before declining to approximately $84, driven by consistent business performance and changing investor sentiment [2][3] Business Performance - Akamai reported quarterly revenue of around $1.05 billion, a 5% increase year-over-year, with GAAP net income rising 142% to $140 million and non-GAAP net income increasing about 10% to $269 million [4] - The non-GAAP operating margin improved to approximately 31%, up two percentage points from the previous year, indicating strong profitability despite modest overall growth [4][5] Growth Trends - Revenue growth has been mild, with a 4.8% annual increase over the past three years and a 4.2% increase in the last twelve months, suggesting a deceleration in top-line growth [6][7] - The price-to-sales ratio stands at 2.9 and the P/E ratio at 23.8, indicating that the stock is moderately valued [6][7] Competitive Landscape - Akamai faces significant competition from major players like Amazon AWS, Microsoft Azure, Cloudflare, and Fastly, which could pressure its market share and pricing [9][12] - The company is transitioning from traditional content delivery services to cloud, security, and edge computing, which presents execution risks [9][12] Historical Context - Akamai's stock previously fell 42% from $122 in April 2022 to $70.75 by March 2023, highlighting vulnerability to market corrections despite strong fundamentals [11][13] - Current downside risk for AKAM stock could see it drop to the $60–$65 range, indicating a potential 25–30% decline based on historical performance [13]
X @The Block
The Block· 2025-11-15 22:41
DOJ says US citizens helped North Korean IT workers infiltrate 136 companies https://t.co/sEiXF93i40 ...
White House likely taking a look at Alibaba use in the U.S., says cyber expert Christopher Krebs
CNBC Television· 2025-11-14 21:24
Christopher Krebs, former U.S. Director of Cybersecurity Infrastructure Security Agency, joins 'Closing Bell' to discuss the latest news regarding Alibaba. ...
Logitech Cybersecurity Disclosure
Businesswire· 2025-11-14 21:10
Core Points - Logitech experienced a cybersecurity incident involving data exfiltration, but it has not affected its products, operations, or manufacturing [1] - The company is investigating the incident with external cybersecurity firms and believes a zero-day vulnerability in third-party software was exploited [2][3] - Logitech does not anticipate any material adverse effects on its financial condition or operations due to the incident [4] Company Response - Upon detection of the incident, Logitech took immediate action to investigate and respond [2] - The company has a comprehensive cybersecurity insurance policy that is expected to cover costs related to incident response and potential legal actions [4] Data Impact - The data potentially compromised includes limited information about employees, consumers, customers, and suppliers, but no sensitive personal information was believed to be involved [3] - Logitech has begun notifying government entities as required by law [3]
IQST - IQSTEL Reports Record Q3 2025 Results: $102.8 Million Quarterly Revenue, 42% Sequential Growth, and Strengthened Balance Sheet
Prnewswire· 2025-11-14 14:30
Core Insights - IQSTEL Inc. reported significant financial growth in Q3 2025, achieving record revenue of $102.8 million, a 42% increase quarter-over-quarter and a 90% increase year-over-year [7][21] - The company maintains a strong balance sheet with assets of $46.8 million ($12.23 per share) and equity of $17.8 million ($4.66 per share), reflecting a 50.02% increase in equity since December 31, 2024 [7][9] - IQSTEL is on track to meet its full-year 2025 revenue forecast of $340 million and has set an organic revenue forecast of $430 million for 2026, indicating a 26% year-over-year growth [3][10] Financial Highlights - Revenue for the nine months ended September 30, 2025, reached $232.6 million, a 26% increase compared to the same period in 2024 [7] - Adjusted EBITDA for Q3 2025 was $683,189, with a revenue run rate of $411.5 million and an adjusted EBITDA run rate of $2.73 million [7][11] - The company has no dilutive debt, convertible notes, or warrants outstanding, ensuring a clean capital structure [3][8] Strategic Developments - IQSTEL is expanding into high-margin sectors such as Fintech, AI, and Cybersecurity, leveraging its established global business platform [6][8] - The acquisition of a 51% stake in Globetopper enhances the company's revenue mix, with approximately 80% from Telecom and 20% from Fintech [8] - A partnership with Cycurion aims to develop AI-driven cybersecurity solutions, further diversifying IQSTEL's service offerings [8] CEO Commentary - The CEO emphasized the company's strong fundamentals and commitment to increasing shareholder value through profitable growth and innovation [9] - The company is positioned to achieve a $15 million EBITDA target by 2026, laying the groundwork for becoming a billion-dollar global corporation [10] Market Position - IQSTEL operates in 21 countries, serving over 600 telecom operators, and is recognized as a rapidly growing technology corporation on NASDAQ [5][11] - The company's strong balance sheet and explosive revenue growth make it an attractive acquisition target for larger industry players [12]
Wall Street Breakfast Podcast: Merck Talks Send Cidara Soaring
Seeking Alpha· 2025-11-14 11:09
Group 1: Merck and Cidara Therapeutics Acquisition - Merck is nearing an acquisition of Cidara Therapeutics, potentially valuing the deal above $3.3 billion, with Cidara's stock up 85% following the news [3][4] - Cidara is recognized for its long-acting antibody medicine aimed at flu protection, and the deal could be announced as soon as Friday [4] - The acquisition is expected to involve cash upfront and additional payouts linked to future clinical trial milestones [5] Group 2: U.S.-Argentina Trade Agreement - The U.S. plans to lift tariffs on certain foods and imports from Argentina, Ecuador, Guatemala, and El Salvador to enhance market access for U.S. companies [5] - Argentina will provide preferential access for various U.S. exports, including medicines, chemicals, and agricultural goods [6] - Ecuador will reduce or eliminate tariff barriers on key products, including tree nuts and fresh fruit, and will remove a variable tariff on many agricultural products [6] Group 3: DoorDash Cybersecurity Incident - DoorDash reported a cybersecurity breach involving unauthorized access to user information, although there is no evidence of data misuse for fraud or identity theft [7][8] - The company is enhancing its security measures, increasing employee training, and engaging an outside firm for investigation [8] - This incident follows a previous breach in 2019, where information from approximately 5 million customers and merchants was exposed [8]
Cybersecurity stocks slide after Anthropic reveals first fully AI-led hack
CNBC Television· 2025-11-13 23:46
Hey, that's right, Mel. Crowd Strike and Palo Alto Networks also moving lower after Anthropic disclosed what it says is the first documented case of an AI orchestrated cyber attack. It's a major headwind for these cyber security names as companies realized that they're not just fighting hackers.They are now up against AI that works around the clock. So what we learned today was that in September, a Chinese statebacked group jailbroke Anthropic's claude model and then used its agent capabilities to automate ...