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Sony explores sale of cellular chipsets business, sources say
By Milana Vinn NEW YORK (Reuters) -Sony Group is exploring a sale of its unit that provides cellular chipsets for connected devices, as the group shifts its focus to the entertainment segment, according to three people familiar with the matter. The Japanese technology and entertainment conglomerate is working with investment bankers on the sale of Sony Semiconductor Israel, which is currently in the early stages, the sources said. It generates about $80 million in annual recurring revenue and is expected to be valued at close to $300 million in any deal, the sources said. The business is expected to attract interest from financial sponsors and semiconductor industry players, added the sources. Sony declined to comment. The sources requested anonymity as the matter is not public. Formerly called Altair Semiconductor, Sony Semiconductor Israel provides cellular chipsets for connected devices such as wearables, smart meters, and home appliances. Sony acquired the business in 2016 for $212 million. Sony has been increasing its focus on games, movies, and music, with more than 60% of its profit coming from entertainment last year. As part of its portfolio reshaping, Sony is preparing for a partial spinoff and direct listing of its financial services arm later this year. A leading maker of image sensors, Sony said in April it is considering options for its chips division, including bringing in investment partners or adopting a fab-light strategy. Sign in to access your portfolio
Yahoo
7 minutes ago
- Yahoo
Why institutions are wary of Ethereum treasury plays — for now
Firms are raising capital, buying Ether, and betting their share prices will rise. But as the momentum builds, one question looms: is there a lasting investor appetite for Ethereum treasuries? Not among institutions, reckons Matthew Sigel, head of digital assets at VanEck. 'Not yet, but maybe that's where the opportunity is,' he said on a recent episode of The Mining Pod. What began with Michael Saylor's Bitcoin-hodling firm, Strategy, has now spread to Ethereum and other cryptocurrencies. $1.3 billion The most aggressive entrant so far is SharpLink Gaming, an online casino platform that is betting its balance sheet on Ether. Over the last few weeks, the company has amassed more than $1.3 billion worth of Ether as it buys 'tens of millions of dollars' daily, according to Joe Lubin, the CEO of Consensys and Ethereum co-founder,who recently became the firm's chairman. SharpLink and BitMine Immersion Technologies — a little known Bitcoin miner turned Ethereum treasury — are trading at nearly double the value of their Ether holdings. They're not alone. More than 60 companies now hold Ethereum as a reserve asset, collectively owning over 1.8 million Ether or about $6.2 billion. And while that's still less than what the 157 Bitcoin treasury companies hold, it's growing fast. Big gains For Bitwise CIO Matt Hougan, this Ether accumulation is creating a structural imbalance in the market that will spur big gains. 'Since mid-May, exchange-traded products and public companies have bought 2.83 million Ether — 32 times more than what's been newly issued,' Hougan said in a July 22 note to investors. 'No wonder the price of [Ethereum] has soared.' Ethereum has rallied 60%, to about $3,600, in the past 30 days. Ethereum treasury companies have two things going for them, according to market watchers. For one, the space has fewer players than the Bitcoin treasury sector. 'It's less crowded,' said Sigel, which might lure more companies into deploying capital to an Ethereum treasury company. Then there's Ethereum's utility. 'Ethereum is a useful asset,' head of Alpha Strategies at Bitwise Jeff Park said in a July 8 interview on the Wolf of All Streets podcast. 'Bitcoin stores value. But Ethereum is productive — it earns yield.' Cash flow is something traditional investors know, and look for. The market decides Still, analysts are not just cautious, but actively sounding the alarm. Even though Ethereum treasuries are a newer phenomenon, they carry echoes of the same concerns that have dogged the Bitcoin playbook: aggressive 'promote' structures that reward insiders, speculative valuations, and frothy markets driven more by narrative than fundamentals. That hasn't slowed the hype. And as Ether prices continue to soar, the market may soon have to decide: are Ethereum treasury companies a new form of financial innovation — or just the latest speculative trade wrapped in a corporate wrapper? Pedro Solimano is DL News' Buenos Aires-based markets correspondent. Got at a tip? Email him at psolimano@ Sign in to access your portfolio
Business Wire
8 minutes ago
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CrowdStrike Named a Leader and Fast Mover in the 2025 GigaOm Radar Report for Identity Security Posture Management (ISPM)
AUSTIN, Texas--(BUSINESS WIRE)-- CrowdStrike (NASDAQ: CRWD) today announced it has been named a Leader and Fast Mover in the 2025 GigaOm Radar Report for Identity Security Posture Management (ISPM). The report recognized CrowdStrike as the most complete Platform Play, scoring highest of all vendors in Emerging Features, with perfect 5/5 scores in Non-Human and Machine Identities Posture and Generative AI for Identity Insights. CrowdStrike also received perfect 5/5 scores in Key Features and Business Criteria including Automated Remediation, Security Ecosystem Integration, and Scalability. This recognition reinforces CrowdStrike's innovation and leadership in delivering a unified platform that protects every identity in the AI era – human and non-human – across the full attack lifecycle and hybrid environments. According to GigaOm 'identity compromise remains one of the most common, easily exploited, and potentially damaging vectors for cyberattacks.' As agentic AI drives explosive growth in machine and service identities, the AI-native CrowdStrike Falcon® platform secures both human and non-human identities – delivering the real-time visibility, automation, and intelligence defenders need to stop identity-based threats before they escalate. CrowdStrike Falcon® Identity Protection continuously correlates telemetry across endpoints, identity providers, cloud infrastructure, and data protection tools – enriched with adversary intelligence and dark web monitoring. By combining these signals in real time, the Falcon platform detects credential misuse, lateral movement, and privileged escalation, highlights identity attack paths, and enforces policy controls through Falcon Fusion, CrowdStrike's no-code SOAR engine. Key report findings include: Machine and Non-Human Identity Protection: With a perfect 5/5 score in Non-Human and Machine Identities Posture, CrowdStrike drives relentless innovation to keep customers ahead of evolving threats. End-to-End Hybrid Identity Coverage: The report highlighted how CrowdStrike secures the entire identity threat lifecycle and 'can protect hybrid identity infrastructures by detecting and responding to threats across on-premises and cloud identity infrastructures.' Agentic AI Innovation: With a perfect 5/5 score in Generative AI for Identity Insights, CrowdStrike brings the power of agentic AI to Falcon Identity Protection. Charlotte AI Agentic Detection Triage autonomously triages cross-domain attack detections with over 98% accuracy 1 to rapidly prioritize the most critical threats. Automated Response at Scale: CrowdStrike earned a perfect 5/5 score in Automated Remediation. The report notes how 'the platform prevents and mitigates identity risks through policy enforcement and automated remediation utilizing the no-code SOAR engine Falcon Fusion,' and that 'the solution can call on more than 150 automated actions.' 'The AI era has led to an explosion in machine, service, and non-human identities, massively expanding the attack surface,' said Cristian Rodriguez, field CTO, Americas, CrowdStrike. 'Adversaries are exploiting this shift to move faster, stay hidden, and breach environments through the front door: identity. As a unified part of the Falcon platform, Falcon Identity Protection is built for this new reality, correlating real-time signals across domains, applying agentic AI to triage and prioritize threats, and stopping identity-based attacks before they can escalate.' To learn more about the 2025 GigaOm Radar Report for ISPM, visit here and read our blog. 1 Accuracy rating is a measure of Charlotte AI triage decisions that match the expert decisions from the CrowdStrike Falcon Complete Next-Gen MDR team. About CrowdStrike CrowdStrike (NASDAQ: CRWD), a global cybersecurity leader, has redefined modern security with the world's most advanced cloud-native platform for protecting critical areas of enterprise risk – endpoints and cloud workloads, identity and data. Powered by the CrowdStrike Security Cloud and world-class AI, the CrowdStrike Falcon® platform leverages real-time indicators of attack, threat intelligence, evolving adversary tradecraft and enriched telemetry from across the enterprise to deliver hyper-accurate detections, automated protection and remediation, elite threat hunting and prioritized observability of vulnerabilities. Purpose-built in the cloud with a single lightweight-agent architecture, the Falcon platform delivers rapid and scalable deployment, superior protection and performance, reduced complexity and immediate time-to-value. CrowdStrike: We stop breaches. © 2025 CrowdStrike, Inc. All rights reserved. CrowdStrike and CrowdStrike Falcon are marks owned by CrowdStrike, Inc. and are registered in the United States and other countries. CrowdStrike owns other trademarks and service marks and may use the brands of third parties to identify their products and services. CrowdStrike owns other trademarks and service marks and may use the brands of third parties to identify their products and services.
