The company says it has reached an agreement to sell $10 billion of stock to Berkshire Hathaway as part of the plan.
Tag: agreement
AI, Apps, Global Security News
Akamai to acquire LayerX for $205 million
Akamai has entered into a definitive agreement to acquire LayerX, a provider of browser-based AI usage control and secure enterprise browser (SEB) technology. LayerX’s solutions will extend Akamai’s protection into the browser, where the majority of enterprise tasks now occur and where today’s workforce engages with generative AI applications, SaaS AI solutions, and AI agents.…
Global Security News
Instructure Reaches Deal with ShinyHunters to Prevent Canvas Data Leak
Instructure has reached an agreement with the ShinyHunters group to return and destroy stolen Canvas data, protecting millions of student records from a public leak.
Data Breaches, Global Security News
Canvas Owner Reaches Agreement With Cybercriminals After Ransomware Attack
Instructure says it reached an agreement with ShinyHunters over the Canvas breach data
AI, Data Breaches, Global Security News, Risk Management
Instructure took a risky approach to recover stolen Canvas data
Instructure, the company behind the online learning platform Canvas, said it reached an agreement with the extortion group ShinyHunters to prevent data stolen in a recent breach from being leaked online. According to the company’s website, Canvas has more than 30 million active users worldwide and serves more than 8,000 institutions. Although Instructure did not…
Global Security News, privacy
GM agrees to $12.75M California settlement over sale of drivers’ data
California Attorney General Rob Bonta announced a proposed $12.75 million settlement agreement with General Motors (GM) over allegations that the company violated the California Consumer Privacy Act (CCPA). […]
AI, Global Security News, Risk Management
Google, Microsoft and xAI Agree to Share Early AI Models with U.S.
The agreement calls for AI developers to share models with reduced or removed safeguards to evaluate national security-related capabilities and risks.
AI, Apps, Compliance, Global Security News
Microsoft, OpenAI change contract terms–again
Microsoft and OpenAI on Monday again revised their agreement, softening their exclusivity and revenue-sharing conditions in the process. These changes underscore how critical it is for enterprises to work with as many AI vendors as practical, given the leapfrogging performance stats as well as the constantly shifting alliances. Both OpenAI and Microsoft issued their own…
Global Security News
Rimini Street Reduces Debt By $11 Million
And amends credit agreement to allow larger share buybacks
AI, Global Security News
SailPoint signs strategic collaboration agreement with AWS to secure agentic AI with a unified identity governance layer
New agreement to accelerate the adoption of identity-first security for AI and unlock new routes to market
Global Security News
Samsung TVs to stop collecting Texans’ data without express consent
Samsung and the State of Texas have reached a settlement agreement over the alleged unlawful collection of content-viewing information through its smart TVs […]
Global Security News, Government & Policy
Anthropic Refuses Pentagon’s Proposal to Loosen AI Guardrails
The decision comes ahead of a Friday deadline to reach an agreement or face tough government measures.
AI, APAC, Data Security, Global Security News, Network Security, Risk Management
Concentric AI Inks ANZ Distribution Deal with Sektor
Concentric AI has signed a distribution agreement with cyber and information security distributor Sektor, marking its latest effort to expand into the Australia and New Zealand (ANZ) markets. Under the agreement, Sektor will serve as Concentric AI’s authorized distributor across the ANZ region, supporting regional channel partners, resellers, MSSPs, and system integrators with enablement, go-to-market…
AI, Endpoint, Exploits, Global Security News, Network Security
Palo Alto Networks intends to acquire Koi, advancing agentic endpoint security
Palo Alto Networks has entered into a definitive agreement to acquire Koi, giving enterprises the power to finally see and protect the AI-native ecosystem that defines modern work. The new imperative: Agentic endpoint security Traditional security was built to stop malicious files, but AI agents and tools can actively read, write, and move data. Attackers…
AI, Cybersecurity, Global Security News
Booz Allen to acquire Defy Security, expanding global cyber reach
Booz Allen Hamilton has entered into a definitive agreement to acquire Defy Security as a wholly owned subsidiary. The acquisition will expand delivery of end-to-end, tech-enabled cybersecurity solutions for U.S. and international enterprises across financial services, healthcare and life sciences, manufacturing, technology, energy, retail, and other sectors. Defy Security’s customer base, sales expertise, and vendor…
AI, Europe, Global Security News, Infrastructure, Network Security, News and Trends
Westcon-Comstor Brings Meter NaaS to EMEA Channel
Westcon-Comstor has signed a new distribution agreement with Networking-as-a-Service (NaaS) specialist Meter, becoming the vendor’s first distributor in Europe, the Middle East, and Africa (EMEA). The move brings Meter’s full-stack, subscription-based networking platform to Westcon’s regional channel ecosystem, positioning partners to tap into growing demand for consumption-based networking without the need for additional upfront investment.…
AI, Europe, Global Security News, Government & Policy, privacy, Risk Management
Apple, Google agree to app store changes in the UK
Under pressure from UK regulators, Apple and Google have reached an agreement to change how they operate their app stores in the UK, the Competition and Markets Authority (CMA) announced on Tuesday. The agreement means both companies will not discriminate against apps that compete with their own apps and services. They pledged to be more transparent…