Israeli cybersecurity startup Wiz names veteran executive Fazal Merchant as president and CFO to prepare for a US IPO; sources: Wiz has ~$500M in annual revenue (Steven Scheer/Reuters)
Samsung reports preliminary Q4 operating profit of ~$4.5B, vs. est. of ~$6.2B, and revenue of ~$51.7B, below est., due to hefty R&D and capacity expansion costs (Bloomberg)
Foxconn reports Q4 revenue of ~$64.6B, up 15% YoY vs. est. of a 13% rise, boosted by data center spending, with December 2024 bringing in ~$19.8B, up 42% YoY (Jane Lanhee Lee/Bloomberg)
Popular Honey browser extension steals creator revenue, scams users, claims investigative video
Almost half of developer revenue now comes from subscriptions
Automating Revenue So Graph Go Up
Tech Moves: F5 and Esper hire marketing leaders; Amperity adds chief revenue officer