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Private Equity Giants Eye $8.54 Billion Trend Micro Deal

Bain Capital, Advent International and EQT AB are among the private equity firms competing to acquire Trend Micro, a Japanese cybersecurity firm valued at $8.54 billion.

SEC Revises Guidance on Shareholder Resolutions

The SEC has revised guidance to give companies more leverage to skip shareholder resolutions on environmental, social, or governance issues, potentially hindering activist efforts.

SailPoint Seeks $12.57 Billion Valuation in First Major Tech IPO Test of 2023

Cybersecurity firm SailPoint is seeking a valuation of up to $12.57 billion in its US IPO, marking the year's first major test of investor appetite for tech stocks.

Alabama Man Pleads Guilty to Hack of SEC Social Media Account to Manipulate Bitcoin Price

Alabama man who SIM-swapped SEC social media account pleads guilty to identity theft for manipulating bitcoin price

Cybersecurity Startup Island Technology Raises Money at $4.5 Billion Valuation

Enterprise software startup Island Technology is raising money at a $4.5 billion valuation led by Coatue Management, showing continued VC optimism in cybersecurity startups despite AI's dominance.

Island Technology Raises $4.5B in Funding Round at $4.5 Billion Valuation

Island Technology, a security and software startup, raises $4.5 billion in a funding round led by Coatue Management.

Cloudflare (NET) Jumps 20% After Impressive Q4 Results

Cloudflare (NET) stock jumps 19.51% on strong Q4 results, exceeding analyst estimates. Impressive revenue and operating profit growth, coupled with a rising enterprise customer base, drive the stock higher.

Paris Prosecutors Investigating Elon Musk's X Over Alleged Algorithmic Distortions

French prosecutors are investigating Elon Musk's X social media for alleged algorithmic distortions.

Cloudflare Q4 Earnings Top Wall Street Estimates

Cloudflare reports Q4 loss of $12.8 million, topping Wall Street expectations. Revenue of $459.9 million also beats estimates.

Fortinet Forecasts Strong 2023 Revenue Driven by Cybersecurity Demand

Fortinet predicts full-year revenue surpassing Wall Street estimates, driven by growing demand for AI-powered cybersecurity solutions due to digitalization and rising cyber threats.