Microsoft Announces New Cybersecurity Products, but Are Small Security Software Stocks Really in Trouble?

Microsoft Announces New Cybersecurity Products, but Are Small Security Software Stocks Really in Trouble?

Cybersecurity is a secular growth trend. With the world going digital, protecting data and systems is more important than ever before. Estimates point toward global cybersecurity software spending increasing at an average high-single-digit-percentage pace over the next five years, approaching or exceeding $300 billion a year. Mighty Microsoft (MSFT -0.56%) is already the largest cybersecurity company around as measured by revenue, and it has its sights set on gobbling up more of this fast-growing market. It recently announced new cloud-based security products that seem likely to threaten top cloud security pure-play names like Palo Alto Networks (PANW -0.70%), CrowdStrike Holdings…

Data exposed after US health department hit by global cyberattack

Data exposed after US health department hit by global cyberattack

At least 100,000 people could have had their data compromised by a hack of contractors at the Department of Health and Human Services, a department official said Thursday, making it the latest US government agency to be caught up in a sweeping cyberattack connected to Russian cybercriminals. HHS notified Congress of the breach on Tuesday and will update lawmakers as the investigation continues, the official said. Agencies are required to notify Congress of a data breach that involves the compromise of personal information of 100,000 or more people. “While no HHS systems or networks were compromised, attackers gained access to…

Has Hollywood finally milked the superhero genre dry?

Has Hollywood finally milked the superhero genre dry?

The superhero genre landed in theaters with an overwhelming roar and grabbed the attention of moviegoers straight away. Superhero movies aren’t anything new, to say they are a new phenomenon would be a slight to the greats like Christopher Reeve, Michael Keaton, Wesley Snipes, and countless others from past superhero movies. Estimated reading time: 4 minutes the Superman movies of the late 70s may seem simple and campy, but they are entertaining to the audience of the day. Movies like Blades and Tim Burton’s Batman might feel dated with special effects that aren’t as polished by today’s standards, but they…

‘Wordle’ Today #727, Clues, Hints and Answer for Friday, June 16

‘Wordle’ Today #727, Clues, Hints and Answer for Friday, June 16

New York-based software engineer Josh Wardle first invented Wordle during the coronavirus lockdown, simply because he wanted a game “for me and my partner to enjoy.” However, after being released to the general public in October 2021, Wordle quickly picked up a loyal following throughout the English-speaking world, with players sharing their scores on social media each day. subsequently, in January 2022, Wordle was purchased by the New York Times for an undisclosed low seven-figure sum. speaking to Newsweek Joel C. Wallenberg, a senior lecturer in language change at the University of York in the UK, argued Wordle’s popularity reflects…

vivo X90 gets May 2023 Android security patch and camera optimizations with new software update

vivo X90 gets May 2023 Android security patch and camera optimizations with new software update

vivo has released a new software update for the vivo X90. It bumps up the Android security patch level on the smartphone from April 2023 to May 2023 and optimizes the system stability to fix the occasional app crash issue. Additionally, the update comes with a couple of camera optimizations for improving the clarity of photos taken by the selfie shooter in Super Night Mode and optimizing the overall function of the Camera to provide a better shooting experience. You can check the update’s changelog below for more details. System Updated to the May 2023 Google security patch…

The RISE project gives RISC-V an open-source software lift: embedded

The RISE project gives RISC-V an open-source software lift: embedded

Hardware needs software and it needs a good ecosystem to help proliferate deployment and serve different applications. To address this, the Linux Foundation Europe has launched a new global collaborative effort to accelerate the availability of software for high-performance and power-efficient RISC-V cores running high-level operating systems for a variety of market segments. Called the RISC-V Software Ecosystem (RISE) project, it brings together key players in the ecosystem with a governing board that includes Andes, Google, Intel, Imagination Technologies, MediaTek, Nvidia, Qualcomm Technologies, Red Hat, Rivos, Samsung, SiFive , T-Head, and Ventana. The chair of the RISE Project, Amber Huffman,…

Sonata Software – International Revenue in $ grew by 8.6% QoQ, and Domestic Gross Contribution grew by 2.9% QoQ.

Sonata Software – International Revenue in $ grew by 8.6% QoQ, and Domestic Gross Contribution grew by 2.9% QoQ.

Consolidated FY’23 PAT grew by 20% YoY. Delivered Q4’2023 PAT of ₹ 113.8 cr (Normalized PAT after one time M&A expenses of ₹ 126.8 cr). The Board recommends a final dividend of ₹ 8.75 per share (FY’23 dividend ₹ 15.75 per share). BANGALORE, India, May 15, 2023 /PRNewswire/ — Sonata Software, a global IT services and technology solutions company, today reported its audited financial results for its 4th quarter and year ended 31st March 2023. in ₹ Crores Description For the Quarter ended For the Year ended 31-Mar-23 31-Dec-22 QoQ 31-Mar-22 YoY 31-Mar-23 31-Mar-22 YoY Revenues International IT Services 533.5…

Tokio Marine Asset Management Co.  Ltd.  Buys 277 Shares of Take-Two Interactive Software, Inc.  (NASDAQ:TTWO)

Tokio Marine Asset Management Co. Ltd. Buys 277 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Tokio Marine Asset Management Co. Ltd. lifted its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Get Rating) by 10.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investors owned 2,976 shares of the company’s stock after acquiring an additional 277 shares during the period. Tokio Marine Asset Management Co. Ltd.’s holdings in Take-Two Interactive Software were worth $310,000 as of its most recent SEC filing. Other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings in shares of Take-Two Interactive Software…