Company

According to Deadline, the budget for the first season of the new Harry Potter adaptation could reach $201 million, with an average cost of about $25.2 million per episode.

Meta Platforms announced the issuance of a new class of non-voting shares for shareholders, allowing the company to raise funding.

Proofpoint, a leader in cybersecurity, announced the acquisition of Varonis Systems for $6.3 billion. The deal aims to create the largest organization in cybersecurity in the AI sector.

Evernorth has announced a partnership with Ripple, Kraken, Coinbase, and BitGo to apply 473 million XRP in institutional strategies.

Cisco has reported a critical vulnerability in Secure Email Gateway that has already been exploited in zero-day attacks.

Strive's plans for an initial public offering of 5 million SATS shares with a 15% dividend.

Trezor has decided to reduce its reseller network following incidents in the supply chain, ensuring user security.

Microsoft has introduced the third AI chip Maia 300, which will serve as the foundation for inference in the company's products and services starting in 2027.

Egyptian banks have temporarily halted the issuance of new loans to developers until the assessment of troubled projects is completed.

Anthropic has introduced an updated usage policy for its Claude models with new restrictions and requirements.