MILAN, March 12 (Reuters) - Italy's data protection authority said on Thursday it had ‌fined Italy's biggest bank Intesa ‌Sanpaolo 17.6 million euros for illicit processing of data ​of around 2.4 million customers the bank unilaterally moved to its digital unit Isybank. Intesa had no immediate comment. The watchdog said the ‌bank profiled clients ⁠according to factors such as being under 65 years old, the ⁠frequency of their digital-channel use, and their investment products and financial holdings. Th ...

Core Insights - Netskope, Inc. is a significant player in the cybersecurity sector, focusing on Secure Access Service Edge (SASE) and Cloud Access Security Broker (CASB) technologies, which are essential for data protection and secure cloud access [1] - Despite a decrease in the consensus price target from $25.29 to $18.67, the current trading price of $12.60 is viewed as attractive, with some analysts projecting a price target of $27, indicating potential upside [2] - The company has demonstrated robust financial performance with a 33% revenue growth and a 118% net retention rate, reflecting strong customer retention and growth capabilities [3] - Netskope's market position is bolstered by its advanced SASE and CASB technologies, particularly in AI/ML-driven data loss prevention, leading to market share gains and strong customer adoption [4] - Investors are advised to consider broader market conditions and the competitive landscape when evaluating Netskope's stock, as staying informed on company news and earnings reports is crucial for understanding the declining price targets [5] Financial Performance - Netskope reports a 33% revenue growth and a 118% net retention rate, indicating strong customer retention and growth [3][6] - The company has achieved positive free cash flow and improved margins, which are indicators of financial health and operational efficiency [3] Market Position - The company's leading technologies in SASE and CASB, along with AI/ML-driven data loss prevention, solidify its market position despite concerns over the sustainability of software business models [4][6] - Netskope's cautious guidance is likely conservative, suggesting potential for future growth [4]

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ICE SPECIFICALLY ARE AGGRESSIVELY EXPANDING THE surveillance state. America's most well-funded law enforcement agency of all time is using next generation technology like location tracking, facial recognition and artificial intelligence not just of immigrants, but to monitor activists and really anyone they may deem to be an agitator. So is there in fact a database.This administration has explicitly said they're basically creating one. Tom Homan went on Fox News this month and said so, although Homeland Sec ...

Core Viewpoint - Rubrik Inc (NYSE:RBRK) is identified as a promising large-cap stock under $100 with significant upside potential, supported by positive analyst ratings and growth prospects in data protection and security [1][2]. Group 1: Analyst Ratings and Price Targets - Saket Kalia from Barclays reaffirmed an Overweight rating on Rubrik Inc, lowering the price target from $120 to $100, indicating an upside potential of over 52% from the current price [1]. - Todd Weller from Stephens initiated coverage with an Overweight rating and a price target of $105, suggesting a 60% upside from the current level [2]. Group 2: Company Prospects and Business Model - Weller's bullish outlook is based on Rubrik's strong position in data protection and security, leveraging a unified platform that integrates backup, recovery, data observability, and ransomware investigation [3]. - The company is expected to experience topline growth alongside margin expansion, driven by its innovative approach [3]. Group 3: Service Offerings and Market Focus - Rubrik Inc provides cloud-based data management and security solutions, including data protection, threat analytics, and cyber recovery services [4]. - The company serves various industries such as public sector, retail, finance, energy, industrial, and healthcare, focusing on securing data across hybrid and multi-cloud infrastructures [4].

Core Viewpoint - TikTok has secured its future in the U.S. through a new joint venture with American investors, alleviating previous concerns about its operations and ownership structure [2][7]. Group 1: Joint Venture Structure - The joint venture was established under an Executive Order signed by President Trump, requiring ByteDance to divest majority ownership to an American-led investor group [2][3]. - The new venture includes three managing investors: Silver Lake, Oracle, and Emirati investment firm MGX, each holding 15%, while ByteDance retains 19.9% [2]. - Adam Presser, previously TikTok's head of operations, will lead the new venture, supported by a seven-member, majority-American board of directors [3]. Group 2: Data Protection and User Safeguards - The new venture will implement enhanced protections for user data and algorithms, alongside improved content moderation and software assurances [4]. - These protections will be secured through Oracle's cloud environment, ensuring national security through comprehensive data protections [5]. Group 3: User Base and Market Impact - TikTok continues to operate normally for American users, boasting over 200 million users and 7.5 million businesses utilizing the platform [5]. - The announcement has provided relief to U.S.-based influencers who depend on TikTok for their livelihoods, particularly in Southern California [6]. Group 4: Legislative Context - The deal addresses long-standing security concerns regarding ByteDance's ties to China, which had cast uncertainty over TikTok's U.S. operations [7]. - The executive order signed by President Trump allowed TikTok to continue operating in the U.S. while outlining the framework for the new joint venture [8].

Core Insights - TikTok and its parent company ByteDance have established agreements with Oracle, Silver Lake, and MGX to create a new U.S. joint venture, ensuring the app's continued operation in the United States [1] - The transaction is expected to close on January 22, as stated by TikTok CEO Shou Zi Chew [2] Joint Venture Structure - The U.S. joint venture will be majority owned by American investors, governed by a seven-member board of directors, and will include provisions to protect American data and national security [3] - A consortium of new investors will hold 50% of the joint venture, with Oracle, Silver Lake, and MGX each holding 15%, while existing ByteDance affiliates will hold 30.1%, and ByteDance will retain 19.9% [4] Data Protection and Operations - The joint venture will manage data protection, algorithm security, content moderation, and software assurance, with U.S. user data stored in the U.S. by Oracle [5] - TikTok Global's U.S. entities will oversee global product interoperability, eCommerce, advertising, marketing, and other commercial activities [5] User Experience and Legislative Context - The joint venture aims to ensure that over 170 million Americans can continue using the platform without changes to their experience, while advertisers can still reach global audiences [6] - A law signed by former President Joe Biden in April 2024 mandated that TikTok would be banned unless ByteDance divested its stake within a year [6] - The law faced legal challenges and delays, particularly after the election of Trump, as various potential buyers sought to finalize a deal [7] - Trump's executive order in September deemed the joint venture framework a "qualified divestiture" that would address national security concerns [8]

Core Insights - Varonis was founded to address the challenges enterprises face in protecting their data, understanding its location, and assessing associated risks [4] - The company has expanded its coverage over the years to include databases, SaaS applications, and file systems, reflecting the evolving needs of data protection in various sectors [4] Company Overview - Varonis aims to help organizations, regardless of size or sector, to manage and secure their data effectively [4] - The platform addresses critical questions regarding data access, usage, and the location of sensitive information [4]

Core Insights - Commvault announced the winners of the inaugural Commvault Fearless Awards 2025, recognizing partners who have demonstrated resilience against cyber threats and business disruptions [1][2][8] - The awards highlight a customer-first mindset and a unified, cloud-native approach to resilience among 24 standout partners globally [2][3] Award Winners - The Global Champion Award was awarded to HPE, with CDW, Softcat, and Logicalis Australia receiving regional champion awards for AMER, EMEA, and APAC respectively [6][12] - Other notable awards included Global AI Innovation Award to AWS, Global Cloud Partner of the Year to Microsoft, and Global Cyber Readiness Award to Bytes [7] Partner Statements - HPE emphasized the importance of comprehensive cyber resilience and data protection, reflecting a shared vision with Commvault [4] - Softcat highlighted the strength of their long-standing partnership with Commvault, focusing on innovation and customer-centric solutions [4] - Logicalis Australia expressed commitment to helping customers strengthen resilience and navigate complexity in the APAC region [4] Event Context - The awards were unveiled at SHIFT NYC, which also featured significant announcements including the Commvault Cloud Unity platform release [9][11] - The Commvault Fearless Awards aim to honor partners who show unwavering commitment to resilience amid evolving threats [8]

Core Insights - Commvault Systems, Inc. is a key player in the computer software industry, focusing on data protection and information management solutions, with a cloud-first, AI-enabled cyber resilience platform [1] Financial Performance - For the quarter ending October 28, 2025, Commvault reported an EPS of $0.32, missing the estimated $0.93, resulting in a negative surprise of 3.19% [2][6] - Revenue for the quarter was approximately $276.2 million, exceeding the estimated $273.3 million, marking an 18% increase from $233.28 million reported in the same period last year [3][6] - The company achieved over $1 billion in annualized recurring revenue (ARR) ahead of its March 2026 target, with operating cash flow of $77 million and free cash flow of $74 million [4][6] Valuation Metrics - Commvault's P/E ratio is approximately 78.80, with a price-to-sales ratio of about 5.78 and an enterprise value to sales ratio around 5.64, indicating high market expectations for future growth [5]