security

The shares of Zoom Video Communications (NASDAQ: ZM) dropped 6.14% lower at Monday's close compared to the day's open at $160.76. What Happened The drop came as the New York Times reported that the office of the New York Attorney General is probing the company's data privacy and...

Two Chinese nationals have been indicted in the District of Columbia on two counts related to operating a money laundering business, the United States Department of Justice announced Monday. What Happened The individuals, Tian Yinyin and Li Jiadong, helped convert the cryptocurrency stolen by North...

Hewlett Packard Enterprise (NYSE: HPE) has acquired a security startup that provides tools of identity-driven and large scale distributed software, Scytale, TechCrunch reported.  What Happened? Scytale founded in 2017 by a team of engineers from cloud-native enterprises like...

The U.S. Army is looking into Chinese social media app TikTok for security risks, Army Secretary Ryan McCarthy said on Thursday, Reuters reported. What Happened The assessment comes as a response to the New York Senator Schumer’s letter to McCarthy earlier this month. Schumer...

Enterprise software company VMware, Inc. (NYSE: VMW) confirmed it acquired a security startup company called Intrinsic to better position itself to the cloud. What Happened San-Francisco-based Intrinsic operates a platform that secures important data and allows software developers to securely tap...

Big tech faces new scrutiny from regulatory and government bodies as the Federal Trade Commission is taking a close look at Facebook, Inc. (NASDAQ: FB)'s acquisition history. Meanwhile, the Federal Reserve reportedly paid Amazon.com, Inc. (NASDAQ: AMZN) a visit to examine its cloud business....

Cybersecurity company FireEye Inc (NASDAQ: FEYE) released a concerning second-quarter report highlighted by higher-than-expected expenses and from renewal rates with smaller customers. One analyst views the quarter as showing encouraging signs of growth while another is modeling for headwinds to...

Texas-based Athena Security is a startup technology company that uses artificial intelligence to teach existing security cameras to identify crimes with 99% accuracy. On Thursday, the company announced the completion of $5.5 million in seed funding. What Happened Athena's capital raise was led...

The bullish case for security provider ADT Inc (NYSE: ADT) can no longer be justified, as homeowners are just as likely to buy a do-it-yourself system as they are an ADT product, according to Morgan Stanley. The Analyst Morgan Stanley's Toni Kaplan downgraded ADT from Overweight to Equal-...

Google CEO Sundar Pichai wrote in a New York Times op-ed Tuesday that privacy is "one of the most important topics of our time" and said privacy is not a "luxury good." What Happened There is no widely held definition of privacy, which implies companies should make it clear...

Enterprise security company Proofpoint Inc (NASDAQ: PFPT) reported last week its third-quarter earnings, which resulted in a sell-off. At least two Street analysts are recommending investors to buy the dip. The Analysts KeyBanc Capital Markets' Rob Owens upgraded Proofpoint from Sector Weight...

D.A. Davidson has increased confidence in Akamai Technologies Inc. (NASDAQ: AKAM)'s strategic direction after a conversation with the cloud company's management. The Analyst D.A. Davidson's Mark Kelleher upgraded Akamai from Neutral to Buy and increased the price target from $...

Palo Alto Networks Inc (NYSE: PANW) reported Thursday with a fiscal fourth-quarter report that marks a "healthy" finish to fiscal 2018 and a "solid start" to fiscal 2019, according to UBS. The Analyst Analyst Fatima Boolani maintained a Neutral rating on Palo Alto...

Identity access name Okta Inc (NASDAQ: OKTA) is a company that investors can "love," but the same can't be said for the stock, according to Needham. The Analyst Needham's Alex Henderson downgraded Okta from Buy to Hold with no assigned price target. The Thesis Okta...