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Microsoft dominates cybersecurity space as rivals struggle to keep up: Bernstein

Microsoft dominates cybersecurity space as rivals struggle to keep up: Bernstein

Investing.com -- Microsoft is emerging as the dominant force in cybersecurity as competitors struggle to match its scale and strategy, according to Bernstein. The firm’s analysts highlight that Microsoft (NASDAQ:MSFT)’s cybersecurity business has positioned itself as the go-to provider for enterprises struggling with mounting security challenges.“The cybersecurity industry is in a ...

2025-03-02 22:02:48
India’s Paytm receives notice from financial crime fighting agency, sees no business impact

India’s Paytm receives notice from financial crime fighting agency, sees no business impact

(Removes extraneous word ’the’ in paragraph 2)(Reuters) -India’s Paytm received a show cause notice from India’s financial crime fighting agency on Saturday for allegedly violating the country’s Foreign Exchange Management Act.The notice relates to violations relating to the acquisition of two subsidiaries - Little Internet Private Limited and Nearbuy India Private Limited for the years ...

2025-03-02 22:01:06
’Fearless Girl’ statue sponsor State Street drops boardroom diversity targets

’Fearless Girl’ statue sponsor State Street drops boardroom diversity targets

By Ross Kerber(Reuters) - State Street (NYSE:STT)’s asset management unit on Friday dropped targets for the number of women and minority directors who should serve on corporate boards, according to new proxy voting guidance posted on its website.The changes were in line with those of other major asset managers under political pressure, shifts likely to slow the pace at which boardrooms add dir ...

2025-03-02 21:59:17
SoftBank in talks to borrow $16 billion to fund AI, The Information reports

SoftBank in talks to borrow $16 billion to fund AI, The Information reports

(Reuters) - SoftBank (TYO:9984) Group CEO Masayoshi Son plans to borrow $16 billion to invest in AI, the company’s executives told banks last week, The Information tech news website reported on Saturday, citing people familiar with the matter.The Japanese technology investor might borrow another $8 billion in early 2026, the report added. Reuters reported in January that SoftBank is in talks to ...

2025-03-02 21:57:30