Tag: Federal government of the United States

Assistive TechnologyCybersecurity

Nation-State Hackers Breach F5 Networks, Threatening Thousands of Organizations with Supply Chain Attacks

A sophisticated nation-state hacking group has breached F5 Networks, stealing proprietary source code and customer configuration data. The breach creates what cybersecurity agencies call an “imminent threat” to thousands of organizations using F5’s BIG-IP appliances at their network edges.

Major Security Breach at F5 Networks

A sophisticated threat actor working for an undisclosed nation state has been discovered inside the networks of F5, Inc. for what security analysts suggest was an extended period, potentially lasting years. According to reports, the hackers gained control of the company’s build system used for creating and distributing updates for its widely deployed BIG-IP server appliances.

by Aaron Blake
Digital MarketsEconomy and Trading

Gold Hits Record $4,200 as Fed Rate Cut Bets and Trade Tensions Drive Rally

Gold prices have shattered records, crossing the $4,200-per-ounce threshold for the first time ever. The rally is reportedly driven by expectations of Federal Reserve rate cuts and renewed US-China trade tensions, boosting safe-haven demand across precious metals markets.

Historic Gold Rally Breaks $4,200 Barrier

Gold prices have achieved a historic milestone, crossing the $4,200-per-ounce threshold for the first time ever according to Reuters market data. Spot gold was reportedly trading at $4,200.11 per ounce, representing a 1.4% gain, while U.S. gold futures for December delivery gained 1.3% to $4,218.0 as of Wednesday morning trading sessions.

by Gabriel Novak
Business AcquisitionInternational Business and Trade

New China Tariffs Create Perfect Storm for Markets Amid Government Shutdown and AI Valuation Concerns

Apollo Global Management chief economist Torsten Slok warns new China tariffs announced during government shutdown and AI valuation debate create “perfect storm” for markets. $2 trillion in stock value erased following Trump’s tariff announcement.

New China tariffs announced during an ongoing government shutdown and escalating debate about AI stock valuations have created what one top economist calls a “perfect storm coming together” for financial markets. President Donald Trump‘s additional 100% tariff on China erased approximately $2 trillion from stock markets on Friday, with the announcement coming at what analysts describe as the worst possible moment for investor confidence.

Market Impact of New Tariff Announcement

by Gabriel Novak
Business AcquisitionStartups

Navan IPO Targets $960 Million Despite Government Shutdown

Business travel software company Navan Inc. is proceeding with a $960 million initial public offering despite the ongoing US government shutdown. The Palo Alto-based firm plans to sell 30 million shares at $24-26 each, with company founders also selling personal stakes in the offering.

Navan Inc., the business travel and expense management software provider, is moving forward with plans to raise up to $960 million through an initial public offering despite the current US government shutdown. The Palo Alto-based company filed registration documents Friday revealing its ambitious public market debut.

Navan IPO Pricing and Share Structure

by Aaron Blake