Check Point Software Technologies (NASDAQ:CHKP – Get Rating) had its target price increased by Truist Financial from $130.00 to $140.00 in a research note issued to investors on Tuesday, The Fly reports. The brokerage currently has a buy rating on the technology company’s stock. A number of other equity research analysts have also issued reports on the company. Guggenheim started coverage on Check Point Software Technologies in a research report on Monday, January 23rd. They issued a neutral rating on the stock. Royal Bank of Canada increased their price target on Check Point Software Technologies from $130.00 to $135.00 and…
Tag: software parts of computer
Cybersecurity Stocks To Buy And Watch
You may think the time is right to move into cybersecurity stocks as private equity firms targeting the sector. X But the IBD Computer-Software Security group ranks only No. 187 out of 197 industry groups tracked. While the Nasdaq and S&P 500 have rallied in 2023, most cybersecurity stocks remain in the doghouse. the iShares Expanded Tech-Software ETF (IGV) has gained more than 12% in 2023. One question is how much companies will prioritize computer security in 2023 as they reassess information technology budgets. “Cybersecurity while looking defensive is certainly more vulnerable than investors perceived 6 to 9 months ago,”…
Marin Software: Not Much Room For Error As Ad Demand Declines
AlexSecret Marine Software (NASDAQ:MRIN), which provides enterprise marketing software for advertisers and agencies in various markets around the world, continues to struggle to gain momentum and generate sustainable revenue and earnings, and as overall economic conditions point to a possible contraction of ad spending in 2023; especially in the first half. With Google (GOOG) cutting its quarterly contract with MRIN from $2.3 million, which accounted for approximately 46 percent of its quarterly revenue, to $1.8 million a quarter, it instantly lowered total revenue by over 10 percent; something I think the company is going to struggle to make up for…
Zen Air latest lightweight true wireless sweatproof ANC earbuds from Creative
There’s no shortage of choices when it comes to true wireless earbuds. The latest from Creative, the Zen Air, is a lightweight pair of sweatproof true wireless earbuds complete with Active Noise Cancellation and Ambient Modes. Estimated reading time: 3 minutes Battery life and sound quality are important with any wireless earbuds or headset. The Creative Zen Air offers up to 6 hours of playtime on a single charge (18 total with the included case) and features 10mm Neodymium drivers. Check out what Creative has to say about their latest audio product: NOISE CONTROL AND WIRELESS AUDIO ENJOYMENT: Hear what…
Software supply chain risk is growing, but mitigation solutions exist
In late 2021, a critical vulnerability was discovered within the Apache-Log4j logging tool. This Log4j tool and vulnerability became infamous because it was used by millions of software packages across organizations that had no idea that existed within their software supply chain. Even organizations that develop their own software often leverage third-party commercial and open-source software to support their business services. Software supply chain risk has emerged as a leading concern for private sector firms and government agencies of all sizes. There is even a legislative effort within the Senate Homeland Security and Governmental Affairs Committee to help secure open-source…
Spy software found a worker wasn’t working as much as she said. Now she must repay her wages.
A Canadian accountant has been ordered to repay her employer for “time theft” after the company’s tracking software determined that she was performing personal tasks while she was claimed to be working. The court ruling marks one of the first instances in which such technology has been used to order a worker to repay an employer for slacking off on the job. Karlee Besse, an employee of Vancouver Island accounting firm Reach CPA, initially claimed she was wrongfully dismissed and that her employer owed her $5,000 in unpaid wages and severance pay. Besse’s employer said it terminated her because she…
Corrupt software introduced by contractors took down the FAA system, officials say
The software that failed and forced the Federal Aviation Administration to ground thousands of flights on Wednesday is 30 years old and is not scheduled to be updated for another six years, according to a senior government official. This system was installed in 1993 and runs the Notice to Air Missions system, or NOTAM, which sends pilots vital information they need to fly, the official said. After the FAA was able to get planes flying again, a government official said a corrupted file that affected both the primary and the backup NOTAM systems appeared to be the culprit. Investigators are…
Seaport software company PTC expands reach with $1.5 billion deal
Boston software company PTC has its roots in computer-aided design applications that help companies engineer everything from automobiles to wind turbines to spacesuits, even the National Ignition Facility that just reported a major breakthrough in fusion energy. But once a product’s detailed specifications exist in digital form, there’s a lot more that can be done. PTC chief executive Jim Heppelmann has spent the past dozen years buying smaller companies to extend the usefulness of digital designs into manufacturing, management, and maintenance. This week, Heppelmann completed his largest deal yet, paying almost $1.5 billion for ServiceMax, a company that will stretch…