Latest news with #Dolce


Arabian Post
3 days ago
- Business
- Arabian Post
Why is the dollar falling?
Matein Khalid My macro crystal ball begins to vibrate ominously whenever a perma-bull talking head joins the Squawk Box on CNBC, my spiritual, philosophical and financial lodestar in life and La Dolce Vita of the mercati monetari globali. After all, our beautiful business began as a money lender's bench in Renaissance Florence 600 years ago and if we ever ran out of cash, they ruptured our banco – i.e bankrupted us. The biggest money lenders in Europe were the Medici, whose family bank was the Citicorp of medieval Europe, a family that provided Christendom with a succession of Roman Popes and two Queens of France, both evil murderesses. Sadly, the Banco Medici did not survive the English King Edward IV's sovereign default during the Wars of the Roses. Trump, Modi and Putin have taught us an ancient lesson that we ignore geopolitical risk at our own peril since money is the greatest aphrodisiac in the chancelleries of power as another great Florentine Niccolo Machiavelli taught us in his magnum opus – The Prince. ADVERTISEMENT I have been warning investors in the GCC to protect their purchasing power by bailing out of the US dollar in favour of gold, the Euro and sterling since early January with all the subtlety of a broken record. The DXY was 110 then. Gold traded at 2640 an ounce, the Euro was 1.0260 and the British pound was 1.22. Hopefully you drank the currency kool aid the pied piper of Dubai offered you in successive money rants since gold is now 3377 an ounce, the Euro is 1.1431 and the British pound is 1.3540. So I must pay homage to the values of my real homeland Italia – Mamma, Pasta, Discoteca, which is a lot more fun than unity, faith and discipline, three fronts where I have dismally failed to excel in my life. Viva Italia, il paese più bello del mondo! The Bible says that man does not live by bread alone and I say that the $28 trillion US economy does not live on ChatGPT alone. Housing is the ultimate supersector and US homebuilder stocks are down 30-35% on Wall Street since a 7% 30-year fixed mortgage rate and a 2% real Fed funds rate virtually guarantees a recession that will begin sometime when I am doing my best to forget the world woes on the beaches of Cap d'Antibes and my beloved Villefranche on the exquisite Côte d'Azur in August. Powell is resisting Trump's pressure to cut rates since he is paranoid about tariff-ignited inflation risk at a time when the Bank of England, the Bank of Canada, the RBA, the ECB and Swedish Riksbank have all pivoted to easy money. This means the US dollar should strengthen but exactly the opposite is happening. Why? Because the cognoscenti know that the hard data will turn soft very soon and Powell will be forced to bring the Fed funds rate back to neutral at the September FOMC conclave with a 'shock and awe' 50 basis point rate cut. The money market is insane since it prices in only two rate cuts. To me, a neutral Fed funds rate is 2.5%, so I expect at least 6 or 7 rate cuts till the summer of 2026. This means the US dollar will be leprosy for those poor souls who still believe in Pax Americana, whose only sacred rule is 'In Trump We Trust', all others must pay cash or TrumpCoin! My macro view also takes me to Euro defense stocks, British inflation linked gilts, Swedish banks and South Korean chaebol/securities firms. This is an opportune moment to accumulate long duration treasury notes now that the yield on the 10 year is 4.46% and the TLT tracker trades at 84.50. I want to buy call options on TLT to generate a 20% USD return to compensate me for Trump's foreign exchange goonda tax, which Lord Keynes euphemistically called seigniorage when the apostles of supermoney met all those years ago at Bretton Woods in the morning of creation. ADVERTISEMENT In my valuation paradigm, the S&P 500 index offers a negative risk premium and the equity bulls will be left with as bloodier derriere as those locos who run with the bulls in Pamplona. I have seen the festival of San Fermín and it is a carnival of human insanity run amok as the bulls charge to gore the fleshiest backsides on offer with their razor-sharp horns. There was a reason why the commodities king Marc Rich was known as the matador as he loved to kill every energy bull market he saw. RIP to the King of Oil and King of Zug! Also published on Medium. Notice an issue? Arabian Post strives to deliver the most accurate and reliable information to its readers. If you believe you have identified an error or inconsistency in this article, please don't hesitate to contact our editorial team at editor[at]thearabianpost[dot]com. We are committed to promptly addressing any concerns and ensuring the highest level of journalistic integrity.
Yahoo
12-05-2025
- Business
- Yahoo
Lookout Announces Sale of Its Cloud Security Business to Fortra
BOSTON, May 12, 2025--(BUSINESS WIRE)--Lookout, Inc., the leader in mobile endpoint security, today announced the sale of its Cloud Security line of business to Fortra, a company dedicated to breaking the cyber attack chain with advanced offensive and defensive security solutions. Under the terms of the agreement, Fortra will acquire all assets, intellectual property, and personnel associated with the business. The divestiture reflects Lookout's strategic focus on its core strength in Mobile Endpoint Security and positions both organizations for sustained long-term growth. "Following this transaction, we will focus our resources and investments on Endpoint Security, where we see strong opportunities for growth and value creation," said Jim Dolce, CEO of Lookout. "We're confident Fortra is the right partner to advance Lookout's Cloud Security business and continue delivering exceptional service to its customers." In March 2024, Lookout entered a strategic partnership with Fortra, enabling the launch of Fortra's Digital Guardian Secure Service Edge (SSE) solution, built on the Lookout Cloud Security Platform. With fully trained teams actively selling and supporting the platform, Fortra is well-positioned to drive the business forward. The solution is already integrated into Fortra's Data Protection Suite, alongside Digital Guardian DLP and Data Classification. "Our top priority during this transition is to ensure a seamless experience for our Cloud (SSE) customers, partners, and employees," said Dolce. "We know Fortra will continue to provide the high standards of service and support our customers and partners have come to expect." "We're thrilled to welcome Lookout's SSE solutions, customers, partners, and employees to Fortra," said Matt Reck, CEO of Fortra. "This acquisition strengthens our cloud security capabilities and supports our strategic vision for continued focus on Fortra's cybersecurity offerings." About Lookout Lookout is the recognized leader in mobile security, trusted by governments, enterprises, and small businesses worldwide. The company pioneered the mobile security industry in 2009 and has built the largest and most advanced dataset in the market, protecting over 220 million devices and analyzing over 325 million apps. Powered by AI-driven mobile threat intelligence and supported by a world-class research team, Lookout delivers unmatched protection and proactive threat detection. As mobile devices become the primary gateway to corporate identity and data, organizations face growing blind spots. Traditional security tools leave SOC teams without critical visibility into mobile risks, rendering them vulnerable to sophisticated cross-platform social engineering attacks. Lookout's Mobile EDR closes this gap by providing real-time threat detection, investigation, and response, enabling security teams to stay ahead of evolving threats and keep their organizations safe. To learn more, visit and follow Lookout on our blog, LinkedIn and X. © 2025 Lookout, Inc. LOOKOUT®, the Lookout Shield Design®, LOOKOUT with Shield Design® and the Lookout multi-color/multi-shaded Wingspan Design® are registered trademarks of Lookout, Inc. in the United States and other countries. DAY OF SHECURITY®, LOOKOUT MOBILE SECURITY®, and POWERED BY LOOKOUT® are registered trademarks of Lookout, Inc. in the United States. Lookout, Inc. maintains common law trademark rights in EVERYTHING IS OK, PROTECTED BY LOOKOUT, CIPHERCLOUD, and the 4 Bar Shield Design. Contact Lookout PR: press@ About Fortra Fortra provides advanced offensive and defensive security solutions that deliver comprehensive protection across the cyber kill chain. With complete visibility across the attack chain, access to threat intelligence spanning the globe, and flexible solution delivery, Fortra customers can anticipate criminal behavior and strengthen their defenses in real time. Break the attack chain at Copyright © Fortra, LLC and its group of companies. Fortra™, the Fortra™ logos, and other identified marks are proprietary trademarks of Fortra, LLC. View source version on Contacts Media ContactJessica RyanPR ManagerFortraPR@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


Business Wire
12-05-2025
- Business
- Business Wire
Lookout Announces Sale of Its Cloud Security Business to Fortra
BOSTON--(BUSINESS WIRE)--Lookout, Inc., the leader in mobile endpoint security, today announced the sale of its Cloud Security line of business to Fortra, a company dedicated to breaking the cyber attack chain with advanced offensive and defensive security solutions. Under the terms of the agreement, Fortra will acquire all assets, intellectual property, and personnel associated with the business. The divestiture reflects Lookout's strategic focus on its core strength in Mobile Endpoint Security and positions both organizations for sustained long-term growth. 'Following this transaction, we will focus our resources and investments on Endpoint Security, where we see strong opportunities for growth and value creation,' said Jim Dolce, CEO of Lookout. 'We're confident Fortra is the right partner to advance Lookout's Cloud Security business and continue delivering exceptional service to its customers.' In March 2024, Lookout entered a strategic partnership with Fortra, enabling the launch of Fortra's Digital Guardian Secure Service Edge (SSE) solution, built on the Lookout Cloud Security Platform. With fully trained teams actively selling and supporting the platform, Fortra is well-positioned to drive the business forward. The solution is already integrated into Fortra's Data Protection Suite, alongside Digital Guardian DLP and Data Classification. 'Our top priority during this transition is to ensure a seamless experience for our Cloud (SSE) customers, partners, and employees,' said Dolce. 'We know Fortra will continue to provide the high standards of service and support our customers and partners have come to expect.' 'We're thrilled to welcome Lookout's SSE solutions, customers, partners, and employees to Fortra,' said Matt Reck, CEO of Fortra. 'This acquisition strengthens our cloud security capabilities and supports our strategic vision for continued focus on Fortra's cybersecurity offerings.' About Lookout Lookout is the recognized leader in mobile security, trusted by governments, enterprises, and small businesses worldwide. The company pioneered the mobile security industry in 2009 and has built the largest and most advanced dataset in the market, protecting over 220 million devices and analyzing over 325 million apps. Powered by AI-driven mobile threat intelligence and supported by a world-class research team, Lookout delivers unmatched protection and proactive threat detection. As mobile devices become the primary gateway to corporate identity and data, organizations face growing blind spots. Traditional security tools leave SOC teams without critical visibility into mobile risks, rendering them vulnerable to sophisticated cross-platform social engineering attacks. Lookout's Mobile EDR closes this gap by providing real-time threat detection, investigation, and response, enabling security teams to stay ahead of evolving threats and keep their organizations safe. To learn more, visit and follow Lookout on our blog, LinkedIn and X. © 2025 Lookout, Inc. LOOKOUT®, the Lookout Shield Design®, LOOKOUT with Shield Design® and the Lookout multi-color/multi-shaded Wingspan Design® are registered trademarks of Lookout, Inc. in the United States and other countries. DAY OF SHECURITY®, LOOKOUT MOBILE SECURITY®, and POWERED BY LOOKOUT® are registered trademarks of Lookout, Inc. in the United States. Lookout, Inc. maintains common law trademark rights in EVERYTHING IS OK, PROTECTED BY LOOKOUT, CIPHERCLOUD, and the 4 Bar Shield Design. Fortra provides advanced offensive and defensive security solutions that deliver comprehensive protection across the cyber kill chain. With complete visibility across the attack chain, access to threat intelligence spanning the globe, and flexible solution delivery, Fortra customers can anticipate criminal behavior and strengthen their defenses in real time. Break the attack chain at Copyright © Fortra, LLC and its group of companies. Fortra™, the Fortra™ logos, and other identified marks are proprietary trademarks of Fortra, LLC.


The Sun
10-05-2025
- Business
- The Sun
Jeff Bezos and Lauren Sanchez's wedding venue revealed as ‘stunning open-air theater on idyllic Venetian island'
AMAZON founder Jeff Bezos and his fiancee Lauren Sanchez are tying the knot at an iconic open-air theater on an island in Venice, a source has claimed to the U.S. Sun. The couple's nuptials are set to be the wedding of the summer in Italy between June 24 and June 26. 4 4 Bezos and Sanchez, along with 200 guests, have booked luxury hotels in the city, while the entrepreneur's $500 million megayacht will also be a part of the festivities. But where the wedding ceremony itself will take place has so far remained a mystery. Now, an Italy-based source has told The U.S. Sun that they will tie the knot at an outdoor theater on an island. "The word is that they have booked the theater which has been restored," they claimed. "It's not your usual venue for a wedding, it would be iconic. "Everyone is talking about the wedding and it's going to be a huge celebration." The U.S. Sun has decided not to name the venue but can confirm a two-week block of dates is sold out for visitors on its website. A rep for Bezos and Sanchez did not return a call for comment, along with the venue itself. VENICE CAMPAIGN Morris Ceron, the director general of the Venice council, previously told the London Times that he campaigned himself for the couple to have their wedding in the city. "Seven months ago, Domenico Dolce told me Bezos was getting married," Ceron said. "I got to work to bring this marriage of the century to Venice—that's how it started." Luigi Brugnaro, the mayor of Venice, released a statement insisting the couple had not booked out all of the city's water taxis for the event, as previously rumored. "The organization has categorically not booked large amounts of gondolas or excessive numbers of water taxis, and it is their utmost priority to make sure the city functions as normal, for all, with no abnormal disruption to anyone," he said. "The many speculations and fake news circulating about Jeff Bezos' wedding are completely unfounded," he said. "Only two hundred guests will have been invited and therefore it will be easy for Venice to accommodate such an event, without any disruption whatsoever to the city, its residents, and visitors." He went on to say the city has hosted "international events much larger than this." A spokesperson for the mayor of Venice also told CNN that he believed the wedding may take place on Bezos's megayacht, which will be anchored in the lagoon. Meanwhile, the theater is steps from open water, making it easily accessible for guests. CELEBRITY GUESTS Along with close friends and family, the pair has invited a long list of big names to witness them say "I Do." They include Kim Kardashian, Oprah Winfrey, Leonardo DiCaprio, and Orlando Bloom and his fiancee, Katy Perry, Ivanka Trump and husband Jared Kushner Ivanka Trump and Jared Kushner, as well as Karlie Kloss and her husband Joshua Kushner, are also said to be President Donald Trump has also been invited after Sanchez and Bezos had front-row seats at his inauguration in January. The city's top hotels, including The Aman Venice, the Belmond Hotel Cipriani, the St. Regis Venice, and the Gritti Palace - are all nearly fully booked for the end of June. An insider previously told The U.S. Sun that Bezos and Sanchez have secured the $11,600-a-night Grand Canal Suite at the Aman. Bezos, 61, popped the question to former TV journalist Sanchez, 55, in May 2023. He chose a $2.5 million 20-carat ring and reportedly placed it under her pillow before Sanchez found it. She later told Vogue that she "blacked out a bit" during their proposal due to her excitement. The pair hosted a decadent engagement party on their megayacht in Positano, Italy. 4 4

Vogue Arabia
06-05-2025
- Entertainment
- Vogue Arabia
'Superfine' and Dandy: Iconic Creatives Celebrate the Costume Institute's New Exhibition
Skip to main content Meet the actors, athletes, musicians, models, and creatives living out the theme of this year's Met Gala Photography by Tyler Mitchell April 17, 2025 TRUE ORIGINALS From left: Vintage collector Lana Turner wears a Duro Olowu jacket and dress. Filmmaker Spike Lee in a Christopher John Rogers coat (christopherjohnrogers.com) and Theophilio suit (theophilio.com). Model and actor Daryl Dismond wears an Orange Culture suit; modaoperandi.com. Designer Dapper Dan in a Dolce & Gabbana Alta Sartoria suit; Dolce & Gabbana boutiques for requests. Fashion Editor: Law Roach. Photographed by Tyler Mitchell, Vogue , May 2025. 'It's not just a dream realized; it's a historic moment,' says Mitchell of working with both Roach and this stellar group. 'It's the kind of work we all strive toward.' As the director and producer Janicza Bravo—who appears below with model Alton Mason and artist Ferrari Sheppard—put it, when reflecting on both the 'Superfine' theme and the idea behind this shoot: 'Dandyism is flair, it's wit, and a kind of ease and comfortability with oneself.' We couldn't have said it better ourselves. HE'S GOTTA HAVE IT Spike Lee, whose next feature, Highest 2 Lowest , will premiere at Cannes in May, in a Theophilio suit. FULL FLOWER Dapper Dan in Dolce & Gabbana Alta Sartoria. FUNNY GIRL 'I think with a lot of African people, your traditional outfits get made,' says actor Ayo Edebiri, soon to appear in Luca Guadagnino's After the Hunt. 'As a child, I thought it was torture, but now I have very precious memories of family and friends pinning clothes on me—it's a really intimate, beautiful thing.' Chanel dress; select Chanel boutiques. Seymoure gloves. Balmain shoes. Chanel High Jewelry earrings. CAPTAINS OF INDUSTRY From left: Actor Myha'la, star of HBO's Industry, in a Sergio Hudson suit and Gigi Burris Millinery hat. Musician Jon Batiste in a Dunhill suit and Rolex watch. Actor and singer Jeremy Pope, a star of Ryan Murphy's new FX series The Beauty, in a Dunhill suit and Bvlgari watch. ELECTRIC FEEL Model Anok Yai is a neon dream in a Sergio Hudson suit, shirt, and tie; sergiohudson.com. Jacques Marie Mage glasses; jacquesmariemage.com. THE WHEEL DEAL 'What I've always been so impressed by in Black aesthetics is the idea that we can appropriate things that have often been used to oppress us,' says Yara Shahidi (left)—actor and host of SiriusXM's The Optimist Project. Coat, shoes, and scarf from Gucci; gucci.com. Cartier earrings; cartier.com for inquiries. Actor Aaron Pierre, who will join Apple TV+'s The Morning Show in its upcoming fourth season, wears a Tom Ford tuxedo; Christian Louboutin shoes; GOOD SPORTS From left: Skateboarder Tyshawn Jones, basketball player A'ja Wilson, and football player Justin Jefferson in Willy Chavarria suits; willychavarria.com for similar styles. Jones wears an Audemars Piguet watch and Graff ring. Wilson wears a Boucheron ring. Jefferson wears Christian Louboutin shoes. GAME CHANGERS From left: Model Tyson Beckford in a Bottega Veneta suit; bottegaveneta.com. Sprinter Noah Lyles in a Gucci suit ( Jacques Marie Mage sunglasses, and Omega watch. Both wear Christian Louboutin shoes. MASCULIN FÉMININ Actor Naomi Ackie wears vintage Louis Vuitton; for similar styles. Jean Schlumberger by Tiffany & Co. earrings and ring; select Tiffany & Co. boutiques. Hair, Ro Morgan; makeup, Kenneth Soh. STUDIO SESSION Artist Rashid Johnson—the subject of a major solo exhibition, 'A Poem for Deep Thinkers,' at New York's Guggenheim Museum this month—wears a Tom Ford suit and tie; tomfordfashion.com. Eton shirt; etonshirts.com. Christian Louboutin shoes; christianlouboutin.com. Howl rings; Gin & The Banker. WELL SUITED 'If I absolutely have to put on a dress, then I put on a dress—but something about a suit just feels so powerful,' says singer-actor Teyana Taylor (left), whom you can soon see in Tyler Perry's Straw , here with Janelle Monáe (who will appear in Aleshea Harris's film adaptation of her play Is God Is ). Both in Marni; Taylor wears Le Silla shoes. Monáe wears Jimmy Choo shoes; BLACK BEAUTY Models Achol Ayor (far left, standing) and Ajus Samuel (on stepladder) wear Celine Homme by Hedi Slimane. Model Layla Etengan (on floor) wears a Maison Margiela jacket. Model Rejoice Chuol (third from left) in The Row. Model Victoria Fawole (third from right) wears a Thom Browne jacket. Models Yar Aguer (in profile) and Agel Akol (at rear, standing) in Maison Margiela. Model Laura Reyes (far right, standing) wears Saint Laurent by Anthony Vaccarello. Bailey 1922 hats. REMEMBER THE TARTANS Models Julez Smith (left) and Imaan Hammam go mad for plaid—he in a Torishéju jacket (Dover Street Market, New York), Dunhill shirt, and Amiri trousers ( she in a Thom Browne coat (thombrowne.com), Torishéju skirt, and Christian Louboutin shoes. BLOOM TIME Model Adut Akech is all in on the power of suits, which make her feel, she says, 'boss lady, badass, and just very chic and fun—at the same time.' Marine Serre coat; Ralph Lauren Collection shirt and pants; ralphlauren.com. Esenshel hat; Esenshel, New York. David Yurman ring; davidyurman.com. GOING LONG Fashion editor Law Roach in Walter Van Beirendonck. CREATIVE CLASS From left: For Janicza Bravo—director and producer of the BBC series The Listeners —'dandyism is flair, it's wit, and a kind of ease and comfortability with oneself.' Bravo wears Thom Browne; thombrowne.com. Model Alton Mason in a Valentino suit; Valentino boutiques. Seymoure gloves and Christian Louboutin shoes. Artist Ferrari Sheppard in a Brunello Cucinelli suit and Eton shirt ( DAYS OF WILD Yai indulges her animal instinct in a Theophilio coat and hat; NEUTRAL GROUND Designer Jerry Lorenzo (left) and actor LaKeith Stanfield (a star of Lynne Ramsay's upcoming film Die, My Love ) both wear Fear of God; 'I think you see a lot of creativity in the history of Black style,' Lorenzo says. 'It's a tool to make it easier to get into certain rooms—to not necessarily be recognised, but to just be seen.' Stanfield wears a David Yurman ring. SHARE MY WORLD From left: Artist Jordan Casteel wears a Wales Bonner jacket and shirt; Van Cleef & Arpels ring; Designer Grace Wales Bonner wears her own brand. Cartier ring; for inquiries. HEAD TURNER Singer Yseult—who is now touring her second studio album, 2024's Mental —wears a Dior jacket and pants; Dior boutiques for similar styles. Tiffany & Co. earrings and rings; select Tiffany & Co. boutiques. Theophilio by Chrishabana brooch. THE IMPORTANCE OF BEING IDLE From left: Rapper Akeem Ali wears an MM6 Maison Margiela coat, Ozwald Boateng suit, and Jean Schlumberger by Tiffany & Co. brooch. Actor and model Keith Powers—next set to appear in John Burr's film The Gates —wears a Brunello Cucinelli jacket, Amiri shirt and trousers, and Omega watch. Actor Danielle Deadwyler—star of R.T. Thorne's postapocalyptic thriller 40 Acres —wears Saint Laurent by Anthony Vaccarello. Artist Honor Titus wears a Giuliva Heritage jacket and Bode pants. 'For us to find a medium—whether it be fashion, language, art, sport—where we can express ourselves and express our dynamism and our excitement,' Titus says, 'that's always truly divine and always welcome.' In this story: hair, Sondrea 'Dre' Demry-Sanders; makeup, Keita Moore; grooming, Camille Ariane and Alex Keating; barbers, Don Brown and Kyle Smith; manicurist, Dawn Sterling; tailors, Carol Ai at Carol Ai Studio Tailors; Daniella at R-Zee Tailoring; Da Shoné by DaSh; Matthew Reisman; Tae Yoshida; Travis Thi. Produced by Rosco Production. Set Design: Julia Wagner. Article originally published on Vogue US