Gen Quarterly Threat Report shows AI-fueled scams, digital identity attacks and ransomware dominating consumer cybersecurity landscape TEMPE, Ariz. and PRAGUE, Sept. 4, 2024 /PRNewswire/ -- Gen™ (NASDAQ: GEN), a global leader in consumer Cyber Safety with a family of brands, Norton, Avast, LifeLock, Avira, AVG, ReputationDefender and CCleaner, today released the Q2/2024 Gen Threat Report. The report spotlights the most notable cyberattacks targeting consumers from April to June 2024. Gen experts warn that i ...

Core Insights - HPQ Silicon Inc. has reported significant advancements in battery technology through its affiliate, NOVACIUM SAS, particularly with the GEN3 silicon-based anode materials outperforming traditional graphite batteries [2][5]. Battery Performance - After 100 charge-discharge cycles, GEN3 silicon-based batteries exhibit a 40% capacity improvement over graphite batteries, 26% over GEN1, and 15% over GEN2, with minimal degradation of less than 0.5% [1][4][9]. - The average capacity of GEN3 batteries after 100 cycles is 3,838 mAh, compared to 3,332 mAh for GEN2, 3,040 mAh for GEN1, and 2,758 mAh for 100% graphite batteries [8][11]. Degradation Analysis - The performance degradation for GEN3 materials is minimal, retaining 98.8% of capacity after 100 cycles, compared to 99.2% for graphite, indicating a strong durability under real-world conditions [10][11]. Manufacturing Integration - The silicon-based anode materials can be integrated into existing manufacturing processes without the need for costly retooling, facilitating the adoption of high-performance batteries in the industry [12]. Company Background - HPQ Silicon Inc. is focused on developing green processes for critical materials, including silicon-based anode materials for battery applications, in partnership with NOVACIUM SAS [15][16].

CERRITOS, Calif., Aug. 28, 2024 (GLOBE NEWSWIRE) -- GEN Restaurant Group, Inc. ("GEN" or the "Company") (Nasdaq: GENK), owner of GEN Korean BBQ, a fast-growing casual dining concept with an extensive menu and signature "grill at your table" experience, is scheduled to participate in the following investor marketing events in September 2024: 2024 Gateway Conference When: Wednesday, September 4th Location: Four Seasons Hotel – San Francisco, CA Presentation Date and Time: Wednesday, September 4th at 10:00 a.m ...

Core Insights - AI is increasingly influencing education, raising concerns among parents regarding its ethical and safety implications, with 93% of parents expressing worry about AI in classrooms [1] - Norton emphasizes the importance of open discussions between parents and children to ensure safe and responsible use of AI technology [2][4] Parent Concerns - 51% of parents are worried about children encountering inappropriate content [5] - 50% are concerned about the potential bias or inaccuracy of AI-generated content and fear over-reliance on technology [5] - 46% are apprehensive about children sharing personal data online [5] Optimism Towards AI - Despite concerns, 49% of parents would approve of their child using AI for schoolwork, while 35% support its use in classrooms [6] - 69% believe AI should be utilized for research in educational settings [6] - 48% trust lesson plans and curricula developed with AI tools [6] - Only 25% of parents are very confident that teachers can identify AI-generated assignments [6] Cyber Safety Tips - Protect personal information by educating children on safeguarding their data, especially when using AI platforms [7] - Verify website safety and use a VPN for secure browsing, particularly when accessing AI tools [7] - Enable age-appropriate settings and utilize parental controls to monitor children's online activities [8] - Promote integrity and responsibility in digital behavior through discussions about Cyber Safety [8]

After 50 cycles, 18650 batteries with GEN3 silicon-based material show a 40% capacity improvement over graphite, 25% over GEN1, and 15% over GEN2, with no noticeable degradation [1]. MONTREAL, Aug. 21, 2024 (GLOBE NEWSWIRE) -- HPQ Silicon Inc. ("HPQ" or the "Company") (TSXV: HPQ, OTCQB: HPQFF, FRA: O08), a technology company specializing in green engineering of silica and silicon-based materials is pleased to announce the latest significant battery milestones achieved by its Francebased affiliate, NOVACIUM ...

Have you looked into how Gen Digital (GEN) performed internationally during the quarter ending June 2024? Considering the widespread global presence of this security software maker, examining the trends in international revenues is essential for assessing its financial resilience and prospects for growth. The global economy today is deeply interlinked, making a company's engagement with international markets a critical factor in determining its financial success and growth path. It has become essential for ...

Financial Performance - Net revenues for the three months ended June 28, 2024, increased by $22 million to $965 million, compared to $943 million for the same period in 2023, representing a 2% growth[88][94] - Operating income rose by $58 million to $417 million, primarily driven by increased net revenues and reduced restructuring costs related to the acquisition of Avast[89] - Net income decreased by $6 million to $181 million, attributed to higher income tax expenses, despite increased operating income and lower interest expenses[89] - Revenue for the three months ended June 28, 2024, was $190 million, an increase of 6% compared to $179 million for the same period in 2023[99] - Income before income taxes increased to $276 million from $201 million, with an effective tax rate of 34% compared to 7% in the prior year[103] Customer Metrics - Direct customer revenues increased to $850 million, up from $829 million, while partner revenues rose to $101 million from $97 million[95] - The direct customer count at the end of the quarter was 39.3 million, an increase from 38.2 million in the previous year[95] - The retention rate improved to 78%, up from 76% in the prior year, indicating better customer loyalty[95] Expenses and Cost Management - Total operating expenses as a percentage of net revenues decreased to 37% from 43%, reflecting improved cost management[93] - Cost of revenues increased by $11 million, primarily due to a $9 million increase in revenue share costs[100] - Total operating expenses decreased by 12% to $358 million from $405 million in the prior year, with significant reductions in amortization of intangible assets and restructuring costs[100][101] Cash Flow and Capital Management - Cash provided by operating activities increased by $38 million to $264 million, driven by higher cash collections from cyber safety billings[107] - Cash and cash equivalents decreased by $202 million to $644 million compared to March 29, 2024, mainly due to stock repurchases and cash interest payments[89] - The company executed stock repurchases of 11 million shares for $272 million during the three months ended June 28, 2024, compared to 3 million shares for $41 million in the same period last year[111] Debt and Restructuring - The company has a total outstanding debt of $8,628 million, with $6,022 million in term loans and $2,600 million in senior notes[114] - A restructuring plan related to the acquisition of Avast is expected to incur total costs of up to $150 million, with $124 million already incurred as of June 28, 2024[117] Foreign Currency Exposure - The company operates in multiple currencies, including Euro, Japanese Yen, British Pound, Australian Dollar, Czech Koruna, and Canadian Dollar, which exposes it to foreign currency exchange rate risks[122] - Growth in international operations will increase exposure to foreign currency fluctuations and volatile market conditions, potentially negatively affecting revenue expressed in USD[122] - The company executes monthly foreign exchange forward contracts to hedge foreign currency balance sheet exposures, with gains and losses recorded in Other income (expense), net[122] - The company does not use derivative financial instruments for speculative trading purposes and does not fully offset the effects of foreign exchange rate changes[122] - As international operations grow, the company will continue to reassess its approach to managing risks related to foreign currency fluctuations[122]

LifeLock 'Out of Control' Campaign and Free Personal Data Exposure Scan Inspire Light-Bulb Moments for Consumers to Protect Their Personal Information TEMPE, Ariz. and PRAGUE, Aug. 6, 2024 /PRNewswire/ -- In an age where providing personal information to the people and businesses you interact with has become second nature, protecting that information can quickly spiral far beyond your control. Today, LifeLock, the leader in identity theft protection in the U.S., and part of Gen™ (NASDAQ: GEN), is launching ...

Gen Digital Inc. (GEN) posted first-quarter fiscal 2025 results, wherein earnings matched the Zacks Consensus Estimate and revenues beat the same. Gen Digital reported non-GAAP earnings of 53 cents per share, which improved 13% year over year and came in line with the Zacks Consensus Estimate. The bottom line increased 15% on constant currency. Increased revenues, disciplined spending and cost synergies attained from the NortonLifeLock and Avast merger mainly drove the bottom-line growth. The company's firs ...

Gen Digital, Inc. (NASDAQ:GEN) Q1 2025 Earnings Conference Call August 1, 2024 5:00 PM ET Company Participants Jason Starr - Head, Investor Relations Vincent Pilette - CEO Natalie Derse - CFO Conference Call Participants Dan Bergstrom - RBC Peter Levine - Evercore Tomer Zilberman - Bank of America Merrill Lynch Saket Kalia - Barclays Operator Good afternoon, everyone, thank you for standing by. My name is Tamia, and I will be your conference operator today. This call is being recorded. [Operator Instruction ...