sec

After Criminal Probe, SEC will bring a legal suit against Musk

After Criminal Probe, SEC will bring a legal suit against Musk

The Security and Exchanges Commission is bringing forth legal action against Elon Musk. The SEC claims that Musk’s carelessness, erratic behavior and misleading of customers/investors about receiving funding are reasons for this lawsuit as the..

Palo Alto Networks, Inc Earnings outperforms Earnings Estimate

Palo Alto Networks, Inc Earnings outperforms Earnings Estimate

Palo Alto Networks, Inc. (NYSE: PANW), an entity of Zacks Security industry, announced fiscal Q4 earnings of 1.28 per share, outperforming the Zacks Consensus Estimate of USD 1.17. The cybersecurity firm which specializes in advanced firewall protec..

Cisco to Buy Cyber-Security Company Duo for USD 2.35 Billion

Cisco to Buy Cyber-Security Company Duo for USD 2.35 Billion

Cisco Systems Inc. (NASDAQ: CSCO) said Thursday that it has agreed to buy Duo Security Inc. a cybersecurity startup based in Ann Arbor, Michigan, for USD 2.35 Billion in cash and stock.The deal is Cisco’s largest acquisition since its USD 3.7 ..

Dow jumps 200 points

Dow jumps 200 points

Stocks massively jumped on Thursday after the weaker-than-expected U.S. inflation data released. The Dow Jones industrial average rose 200 points, turning positive for the year, with Exxon Mobil (NYSE: XOM) as the best-performing stock in the index...

Commerce Department Recommended Steep Tariffs or Quotas on Steel and Aluminum

Commerce Department Recommended Steep Tariffs or Quotas on Steel and Aluminum

The recommendation of imposing heavy tariffs or quotas on foreign producers of steel and aluminum, and investigating imports in the interest of national security, was made by the Commerce Department on Friday (Feb. 16).President Donald Trump and his..

FireEye Inc Shares Up After Strong Earnings Report

FireEye Inc Shares Up After Strong Earnings Report

FireEye Inc (NASDAQ: FEYE) shares jumped more than 10% early Friday, after the cybersecurity company announced financial results for the fourth quarter and fiscal year ended December 31, 2017. For the fourth quarter, FireEye reported revenue of $202..

Forever 21 data breach left customer credit card information exposed for months

Forever 21 data breach left customer credit card information exposed for months

Forever 21 has confirmed in a press release that various POS terminals were exposed to hackers for months, leaving customer payment card information unprotected from April 3, to November 18, 2017. Hackers were able to acquire card numbers, expiratio..