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]

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Core Perspective - Reddit is taking legal action against companies that scrape its data without permission, aiming to protect its data and maximize revenue potential [2][4]. Group 1: Legal Action - Reddit has filed a lawsuit in the U.S. District Court to block four companies from scraping its data via Google search results instead of using the paid Reddit API [2]. - The companies involved include SerpApi, Oxylabs, AWMProxy, and Perplexity, with allegations that they sold data to AI firms like OpenAI and Meta [2]. - Reddit seeks a permanent injunction and financial damages, hoping to establish a legal precedent for data protection [2]. Group 2: Revenue Strategy - In 2023, Reddit increased its API charges to profit from the data generated by its users, as AI projects increasingly rely on Reddit for data inputs [3]. - Reddit's "Other" revenue category saw a 24% year-over-year increase in Q2, generating $35 million from data deals with AI projects [5]. - The company has signed content licensing agreements with Google and OpenAI, aiming to create value in exclusivity to incentivize payments for its data [6]. Group 3: Data Protection Measures - Reddit has implemented measures to prevent its information from being scraped or used without explicit permission and payment [4]. - The lawsuit addresses the loophole where companies are allegedly scraping data from Google instead of using the Reddit API, which undermines its data protection efforts [4].

Compliance and Regulatory Landscape - PROVE is positioned as a compliant ZK infrastructure token, unlike privacy coins like XMR and ZEC facing regulatory scrutiny [1] - Korea has potentially closed the door on privacy coins but opened one for ZK infrastructure like PROVE [3] - Competitors face DAXA warnings and significant drawdowns, while PROVE continues to build [2] Technology and Infrastructure - PROVE powers secure, compliant infrastructure, protecting data integrity rather than enabling secrecy [2] - PROVE serves as the backbone for scaling, verification, and legitimate privacy in Web3 [2] Market Position and Adoption - PROVE is the only ZK infrastructure token still listed [1] - PROVE is the only ZK + privacy-related token supported by top exchanges and accessible to Korean investors [2] - PROVE is already used by 35+ crypto projects, securing over $4 billion in onchain assets [2]

Key Features of zkPyTorch - zkPyTorch enables verifiable and data-protective AI without compromising performance [1] - Model weights remain local, ensuring they are never exposed or transmitted [2] - Cryptographic proofs guarantee that results are derived from Gemma-3 [2] - zkPyTorch is fully compatible with existing PyTorch workflows [2]

Core Points - Austria's data protection authority has determined that Microsoft 365 Education illegally tracked students and must grant them access to their data [3][5] - Privacy group Noyb accused Microsoft of violating EU data protection rights for children, claiming that the software collects browser data for advertising purposes [4][6] - Microsoft stated it would review the decision and determine next steps, asserting that Microsoft 365 for Education meets required data protection standards [7][8] Group 1 - Noyb lodged a complaint in 2024 against Microsoft, highlighting the impact on millions of students and teachers across Europe [4] - The Austrian regulator's decision mandates that Microsoft provide users, including a minor represented by her father, access to their personal data [5] - Noyb criticized Microsoft for lacking transparency and shifting responsibility to local schools regarding data handling [6] Group 2 - Microsoft claims that its education software complies with GDPR, allowing institutions to continue using it [8] - Noyb has filed over 800 complaints in various jurisdictions, prompting regulatory actions against technology companies for GDPR violations [8]

Core Insights - Eviden has enhanced its cybersecurity product offering by integrating Cosmian's Key Management System (KMS), presented at the Assises de la Cybersécurité in Monaco [1][2] - The merger strengthens France's sovereign capabilities in cryptography, providing advanced encryption solutions and ensuring data security for European companies [2][3] - The integration allows for innovative key management using advanced encryption algorithms, including post-quantum encryption (PQC), adaptable to various IT architectures [3][4] Company Overview - Eviden, part of the Atos Group, generates approximately €1 billion in revenue and operates in 36 countries, focusing on advanced computing, cybersecurity products, mission-critical systems, and vision AI [7][8] - Atos Group, with around 70,000 employees and annual revenue of about €10 billion, is a leader in digital transformation and cybersecurity, committed to providing AI-powered solutions across industries [9] Product and Service Offerings - Eviden's cybersecurity products include data encryption, identity and access management, and digital identity solutions, all manufactured in Europe and certified to high European standards [5] - Atos Group offers a comprehensive range of cybersecurity services, including strategic consulting and managed security services, supported by a global network of 17 security operations centers (SOCs) [6]