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Germany to Help Kyiv Build Long-Range Missiles

Germany to Help Kyiv Build Long-Range Missiles

Bloomberg5 days ago

Germany has agreed to provide Ukraine with €5 billion ($5.7 billion) in military aid as part of Chancellor Friedrich Merz's pledge to help Kyiv build long-range weapons to hit targets on Russian territory.
With support from the US under President Donald Trump waning and efforts at peace negotiations with Russia's Vladimir Putin stalling, the funding issue is paramount. Zelenskiy has called on western allies to provide $30 billion by the end of the year to boost domestic weapons production and hold off Russia's advance.

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Ekinops completes the acquisition of Olfeo and becomes a network cybersecurity player
Ekinops completes the acquisition of Olfeo and becomes a network cybersecurity player

Yahoo

time22 minutes ago

  • Yahoo

Ekinops completes the acquisition of Olfeo and becomes a network cybersecurity player

PARIS, June 2, 2025 /PRNewswire/ -- EKINOPS (Euronext Paris: FR0011466069) (Euronext Paris: EKI), leading supplier of telecommunications solutions for telecom operators and enterprises, announces the completion of the acquisition of 100% of the share capital of Olfeo, a French provider of SSE (Security Service Edge) cybersecurity software. The transaction, which was subject to customary closing conditions, was announced in a press release on May 15, 2025[1]. This combination creates a leading European player in the network cybersecurity market, in the fast-growing segments of SSE (Security Service Edge) and SASE (Secure Access Service Edge), bringing French expertise to the European and global stage. Final terms of the transaction On 30 May 2025, Ekinops acquired 100% of Olfeo's share capital through its holding company, Oscar SAS, from its founding shareholders, financial investors and employee shareholders. This acquisition was fully financed in cash, using Ekinops' own funds and the syndicated credit line dedicated to external growth, provided by its banking partners. Olfeo's management team is fully committed to this merger. In this context, Alexandre Souillé, founder and CEO of Olfeo, along with his team, will continue to develop the cybersecurity activity within Ekinops. Olfeo is consolidated in Ekinops' accounts from 1 June 2025. Olfeo, a French leader in SSE and enterprise web security Founded in 2003 and based in Paris, Olfeo is a cybersecurity software company that protects enterprise information systems from cyberattacks and risks related to employee Internet usage. Olfeo's web security gateway solutions are offered through a subscription model, either as SaaS (Software as a Service) or on-premises. Olfeo is one of the leading European players in SSE and offers a web security solution that combines multiple layers of security (SWG, CASB, DNS, DLP, etc.)[2] to protect enterprise information systems. With a team of 60 employees, half of whom are dedicated to R&D, Olfeo secures network and web access of over 500 customers and partners (businesses, local authorities, healthcare institutions, French governmental service and infrastructure operators, etc.). Olfeo generated €6.3m in recurring revenue (ARR - Annual Recurring Revenue) in 2024, with an EBITDA[3] margin of over 20%. Ekinops becomes a European market leader in Secure Access Service Edge (SASE) The convergence of network connectivity and cybersecurity challenges is at the heart of today's digital transformation for businesses. Operators are very much on the look for single-vendor network cybersecurity solutions that are sovereign, immediately available, and combining performance, security, ease of deployment and regulatory compliance. The SASE for networks cybersecurity market is estimated at over $9bn by 2025, with an average annual growth rate of +13% over the next few years[4]. By 2026, Ekinops aims to position itself in the "Unified SASE" segment, with a fully integrated solution specifically designed for mid-sized companies (SMB and SME). Ekinops intends to address this segment by leveraging its installed customer base with major telecom operators. The "Unified SASE" market is estimated to exceed $600m by 2025, with an average annual growth rate of over +27% over the next few years. Together, Ekinops and Olfeo will be able to meet the growing needs of public and private organizations for secure cloud access and agile network infrastructures, offering a high-performing and responsible European technology. For more information, refer to the press release dated 15 May 2025:Ekinops announces the acquisition of Olfeo, a cybersecurity software provider for businesses EKINOPS ContactDidier Brédy, Chairman and CEOcontact@ Omnes, Investor relationTel.: +33 (0)1 53 67 36 92momnes@ Dugast, Press relationTel.: +33 (0)1 53 67 36 74adugast@ [1] Press release dated 15 May 2025: Ekinops announces the acquisition of Olfeo, a cybersecurity software provider for businesses[2] SWG: Secure Web GatewayCASB: Cloud Access Security BrokerDNS: Domain Name SystemDLP: Data Loss Prevention[3] EBITDA (Earnings before interest, taxes, depreciation, and amortization) corresponds to current operating income restated for (i) amortization, depreciation and provisions and (ii) income and expenses linked to share-based payments.[4] Source: Dell'Oro Group Photo: View original content to download multimedia: SOURCE Ekinops

Donald Trump's Net Approval Positive on Only One Key Issue
Donald Trump's Net Approval Positive on Only One Key Issue

Newsweek

time26 minutes ago

  • Newsweek

Donald Trump's Net Approval Positive on Only One Key Issue

Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. President Donald Trump's net approval rating is negative on a range of issues except immigration, a new poll shows. According to political analyst and statistician Nate Silver, writing in his Silver Bulletin Substack, Trump has a net negative approval rating on trade, the economy and inflation but a slightly positive rating on immigration. Why It Matters Taking the temperature of the nation, approval ratings are good measures of the public's response to Trump's policies and his actions as president. In the first few months of his second term, Trump's popularity has fluctuated, with some polls more favorable than others. Sustained backlash to his policies could persuade the president to change his approach. Trump, who made immigration a central part of his campaign, has vowed to crack down on border security, carry out mass deportations and end federal benefits for people residing in the country illegally. President Donald Trump speaking with reporters in the rain after arriving on Air Force One at Joint Base Andrews in Maryland on May 30. President Donald Trump speaking with reporters in the rain after arriving on Air Force One at Joint Base Andrews in Maryland on May 30. AP Photo/Julia Demaree Nikhinson What To Know Silver aggregated dozens of recent polls and found that Trump's approval rating on immigration was +2.5 percent. The president did not fare as well on other issues, with a -9.5 percent approval rating on trade, -11.3 percent on the economy and -17.5 percent on inflation. May polling conducted by Verasight U.S. for Strength in Numbers found similar results, with Americans disapproving of the president's handling of all the policy areas they were asked about except border security. That poll also found that 49 percent disapproved of his immigration policy, while 47 percent approved. Overall, Silver found that when analyzing the polls, Trump had a -5.4 net approval rating. An RMG Research/Napolitan News poll, conducted between May 14 and 21 among 3,000 registered voters, showed Trump's approval rating at 48 percent, with 50 percent disapproving. The poll had a margin of error of plus or minus 1.8 percentage points. Other polls have found a more positive response to the president. According to a recent Rasmussen survey, 53 percent of respondents said they approved of Trump, while 46 percent said they disapproved. What People Are Saying Scott Lucas, a professor in international politics at University College Dublin, previously cautioned against reading too much into any one poll, telling Newsweek: "Opinion polls have their own biases." President Donald Trump wrote on Truth Social on April 20: "We are, together, going to make America bigger, better, stronger, wealthier, healthier, and more religious, than it has ever been before!!!" What Happens Next The midterm elections, scheduled for November 2026, may offer a clearer indication of voters' attitudes toward the president's policies.

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