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Now, though, his latest fight with Twitter shows the perils of always leading with bravado: While scandal is unlikely to sink the CEO, he's making extra work for himself — more than he usually does. Musk's negotiations to buy Twitter were subsequently halted when he pushed for concessions the platform was unwilling to give. Duncan Levin, a criminal defense attorney who represents controversial clients, such as Harvey Weinstein, Clare Bronfman, and Anna Delvey, told Insider: "No one is scandal-proof. Musk's ability to bounce back from repercussions is the result of a complex interplay of a fierce, cultlike fandom and his transformational leadership style, experts told Insider. What's more, he's highly intelligent and ahead of most people, a former manager at Tesla previously told Insider.
Shares of cloud software vendor Five9 tumbled 22% Monday and fell to their lowest since March 2020 after CEO Rowan Trollope announced his resignation. He is being succeeded by former Five9 CEO Mike Burkland, who resigned as CEO in 2017 after he was diagnosed with cancer. "It has been an honor and privilege to serve our employees, our customers and our shareholders," Trollope wrote in a tweet. However, Five9 shareholders were not satisfied with the small premium that Zoom was set to pay, and they ultimately rejected the deal. WATCH: Five9 CEO discusses company's voice recognition software
LAS VEGAS — Jim Marchant, the election-denying Republican nominee for secretary of state in Nevada, has so far been outspent and out campaigned by his Democratic opponent. Davis, a Republican, said he “hadn’t thought much” about whether the 2020 election was stolen from Trump and remained undecided in the secretary of state race. The dynamics in Arizona’s secretary of state race are similar. He and Marchant, as well as Kristina Karamo, the Republican secretary of state nominee in Michigan, are all members of the pro-Trump America First Secretary of State Coalition, though polling shows Karamo’s race is far less competitive. “This could be the last free and fair election in Nevada,” West said.
Alan Trefler, Pegasystems founder and CEO, shared his formula for resilience in hard times. Many looked to vendors, like software company Pegasystems, to automate and digitize business processes like supply-chain interactions and customer service. "In 2022 and beyond, our goal is to capitalize on this demand," Trefler told Insider. In addition to demand, Pegasystems' formula for resilience includes putting people first, doubling down on innovation, and taking a realistic reset. "We're very energized that this vision we've had will be great, not just for us, but for our clients and their customers," Trefler said.
The information-technology firm Riverbed is betting it can outdo giants like Cisco, worth about $172 billion, in the observability-tools space. In a switch from its networking hardware roots, Riverbed is launching more software products that use artificial intelligence and machine learning to monitor a firm's IT infrastructure, known as observability tools. After years of hardship, Riverbed's suite of observability tools generates more sales than its hardware, making it pivotal to the firm's recovery strategy. Riverbed's focus on observability software is especially important now that the chip shortage is slowing down the production of its WAN optimization devices, another blow to its hardware sales, Smoot said. That's why it's not discontinuing its hardware business despite hinging future growth on the observability market.
Blackstone converts Indian property to safe haven
  + stars: | 2022-10-06 | by ( Una Galani | ) www.reuters.com   time to read: +3 min
MUMBAI, Oct 6 (Reuters Breakingviews) - A global downturn could boost demand for Indian real estate. The investor-cum-landlord led by Steve Schwarzman has played a big role in developing a local market for real estate investment trusts. Now it’s preparing to float a collection of glitzy shopping malls in what would be only the country’s fourth publicly traded REIT. Indian real estate trusts outperform U.S. peersFollow @ugalani on Twitter(The author is a Reuters Breakingviews columnist. On Sept. 27, Blackstone raised $325 million from selling an 8.1% stake in Embassy Office Parks REIT, per IFR.
Ecosystem management tool Workspan has raised a $30 million Series C round. Workspan's tools help companies like Microsoft and Amazon Web Services co-sell with partners. It was there that he came up with the idea for what would become his next company, WorkSpan. Workspan was able to gain momentum quickly because of how necessary its tool is to large technology companies, Bawa said. Workspan has raised a total of $66 million in funding from investors like Insight Partners, Mayfield Fund, M12, and Redline Capital Management.
Insider asked top VCs what cybersecurity startups excited them the most this year. In turn, venture-capital firms are pouring billions of dollars into cybersecurity startups to help keep businesses secure. Additionally, VCs told Insider that cybersecurity isn't an area where companies are likely to cut spending in a downturn. Insider asked several VCs to pick the most promising cybersecurity startups both in and out of their portfolios. Here are the cybersecurity startups investors say are worth betting on, from least to most capital raised:
Scharf, who took over the troubled lender in October 2019, said in his congressional testimony Wednesday that Wells Fargo has "approximately $1.9 trillion in assets." The Club take: Our investment thesis in Wells Fargo largely rests on a two-pronged approach to boost earnings. As rates rise, Wells Fargo can make more money on the spread between what it pays customers for deposits and what it charges for loans. Still, intensifying recession fears have ultimately been a drag on Wells Fargo shares this year. Investors must be realists, though, and our stake in Wells Fargo never assumed it would be a quick fix.
Cloud services provider Arista Networks looks attractive at current levels as it will likely keep its growth rate over the next few years, Barclays said. Analyst Tim Long upgraded the stock to buy while keeping his price target at $131 per share, which he called a "conservative" estimate. "ANET is a high-valuation stock, but we believe this is justified given the high revenue growth rate and favorable margin and cash flow structure," Long said in a note to clients Wednesday. "We see mid-teens revenue growth as sustainable for the next few years, and gross and operating margins should remain high." Long cited stalled cloud growth and said planned moves to software that drummed up excitement had been slow compared to competitors.
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. We're letting our stocks run on Fed day Companies with pricing power are winners here Quick mentions: CSCO, NVDA, QCOM, MRVL, CRM 1. Companies with pricing power are winners here In this high-inflation environment, we believe companies that have the power to set prices, instead of taking them down, will be the winners. Jim says Abbvie (ABBV) has pricing power, citing JPMorgan's note on Tuesday stating it sees an "attractive setup for shares" into 2023. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .
Deutsche Bank reiterates Nike as buy Deutsche said it's standing by shares of Nike heading into earnings next week. Canaccord downgrades Stitch Fix to neutral from buy Canaccord downgraded the online personal styling service after the company's disappointing earnings report. " Goldman Sachs upgrades Estee Lauder to buy from neutral Goldman said in its upgrade of the stock that investors should buy the weakness. Deutsche Bank reiterates Costco as buy Deutsche said it sees upside potential heading into earnings on Thursday. " Bank of America reiterates Apple as buy Bank of America said its survey checks on Apple show that carrier promos are driving more consumers to upgrade iPhones.
Quality stocks are those that generate robust and stable profits, and have high returns on equity. In addition to having robust profit margins, Stimpson also likes firms that show strong earnings growth. 8 stocks Stimpson is betting onTwo sectors in the market with a growth tilt are technology and healthcare. He also likes semiconductor firms because he thinks they're oversold and undervalued. Four semiconductor firms he likes include: Cirrus Logic (CRUS), Ambarella (AMBA), KLA-Tencor (KLA), and Kulicke & Soffa Industries (KLIC).
Buy Club holding Ford into any Fed weakness. Barclays downgrades Club holding and Dow stock Cisco Systems (CSCO) to equal weight from overweight (hold from buy). Wells Fargo cuts PT to $75 tom $90 but keeps overweight (buy) rating. However, BofA keeps buy rating on Visa. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
Marc Benioff, founder, chairman and co-CEO of Salesforce, speaks at an Economic Club of Washington luncheon in Washington on October 18, 2019. Salesforce co-CEO Marc Benioff said the cloud software company has much more to do in the area of cybersecurity following an attack at Uber involving Salesforce's Slack chat app. "There's no finish line when it comes to security and social engineering," Benioff said during a press conference at Salesforce's Dreamforce conference in San Francisco on Tuesday. Most of the company's engineering team works on security and trust, said Bret Taylor, Salesforce's other co-CEO. WATCH: Salesforce was born in the 2001 recession, says chairman and co-CEO Marc Benioff
FedEx hasn't exactly been a perfect company in recent years, and Subramaniam acknowledged to Jim that FedEx needs to get its own house in order. However, the traditional recession playbook involves selling energy stocks due to fears of demand collapsing. Mixed bag The stocks discussed here have a mixture of economically resilient and sensitive characteristics to them, such as Microsoft (MSFT) and Apple (AAPL). (See here for a full list of the stocks in Jim Cramer's Charitable Trust.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
The purchase of Figma, whose tools are used by designers and developers, is Adobe’s largest-ever acquisition and extends its reach into new areas. The rising popularity of social networks helped fuel interest in an earlier wave of collaboration technology companies, including Jive Software and workplace chat company Yammer, later acquired by Microsoft Corp. in 2012 for $1.2 billion. Startups that employ concepts of collaboration, including digital work-space company Notion, document company Coda and app platform Airtable, took off among software, design and product teams. Adobe is best-known by consumers for software programs—including Adobe Photoshop, Adobe Illustrator and Adobe Acrobat—used for graphic design, video editing and more. The fact that Adobe was willing to pay so much for Figma reflects that belief that its software was fundamentally different, according to Mr. Saper.
Here's a rapid-fire update on every stock in the CNBC Investing Club portfolio. Halliburton (HAL) — The only energy stock in the portfolio that we haven't trimmed in recent weeks. (See here for a full list of the stocks Jim Cramer's Charitable Trust.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
Productivity startups boomed as a result, but the downturn will give large suites an advantage. Only productivity tools that carve out new niches or address new challenges will have a chance. Startups building new categories are more likely to surviveWhile the downturn makes it harder for productivity and collaboration startups to grow, experts say it's not impossible. Many of the most popular productivity startups address collaboration problems that aren't solved by the existing software tools or are creating a new category of workplace tools. Companies like Miro, Figma, and Canva are creating a new category of visual collaboration tools aimed at remote teams.
Tuesday Walmart is set to report earnings before the bell, followed by a conference call at 8 a.m. Home Depot is set to report earnings before the opening bell, with management slated to hold a call at 9 a.m. Wednesday Target is set to report earnings in the premarket, with a conference call slated for 8 a.m. Cisco Systems is set to report earnings after the bell. Thursday Kohl's is set to report earnings before the bell, with a call slated for 9 a.m.
Gary Gensler, the chair of the SEC, told Insider the proposed plan is to make environmental, social, and governance, or ESG, reporting more formalized. The most popular is TCFD, a set of letters you should get used to if you're interested in climate policy. The task force developed its own set of international recommendations for climate reporting, with "core recommendations" centered around governance, strategy, risk management, and metrics and targets. How synced should ESG reporting be with preexisting quarterly and annual reports? "We believe ESG reporting will mature far more quickly but needs to follow a similar path."
Weeks after Moscow invaded Ukraine, tech giant Cisco Systems Inc. stopped all sales of its hardware into Russia, and Washington issued a series of broad sanctions against the country, including restricting the sale of Cisco equipment. As the war approaches its first anniversary, that same gear is still easy to find at a range of retailers in Moscow. It is being supplied by a network of third-party vendors in places like Turkey and Asia that have sprung up without Cisco’s authorization and are largely out of reach of American enforcement.
The "Great Resignation" and the transition to hybrid work have put tremendous pressure on HR. As part of Insider's Most Innovative HR Leaders series, we put out an open call for talent heads who are leading successfully during the pandemic. These talent professionals work across industries and at organizations of all sizes, including Cisco, Meta, and Wiley. They're building long-term policies around flexible work, finding new ways to attract talent, and addressing inequities that leave certain demographics at a disadvantage. In no particular order, here are the top 25 innovators in HR and their exclusive insights on reimagining work.
Nov 23 (Reuters) - Apple Inc (AAPL.O) said on Tuesday it has filed a lawsuit against Israeli cyber firm NSO Group and its parent company OSY Technologies for alleged surveillance and targeting of U.S. Apple users with its Pegasus spyware. The iPhone maker said it is also seeking to ban NSO Group from using any Apple software, services or devices to prevent further abuse. NSO Group will continue to advocate for the truth," a spokesperson said in a statement. Apple alleged that NSO Group created more than 100 fake Apple ID user credentials to carry out its attacks. Apple said it has so far seen no evidence of NSO's tools being used against Apple devices using iOS 15, the latest version of its mobile operating system.
De aceea, circa 1 200 de elevi de la liceele din Republica Moldova au fost familiarizați cu oportunitățile unei cariere în domeniul IT. Acestea s-au desfășurat în perioada 29 martie-20 mai în cadrul campaniei de informare și ghidare în carieră „Aleg cariera IT”, organizată de „Tekwill Academy”, în parteneriat cu mai multe companii din domeniu. Specialiștii din diverse subdomenii ale sectorului IT au creat elevilor o imagine vastă și complexă asupra domeniului tehnologiilor informaționale. Astfel, liceenii au aflat detalii despre profesiile: Business Analyst, Software Developer, Project Manager, IT Director, Senior QA Automation, Product Manager, Talent Acquisition Manager și altele. În perioada martie-mai a anului 2021, în cadrul campaniei de informare și ghidare în carieră au fost implicați 31 de specialiști IT din cadrul a opt companii din sectorul privat.
Organizations: Manager, Senior, Automation, Cisco, Oracle Locations: Republica Moldova, Bălți, Comrat, Cahul, Moldova, ISTQB
Total: 25