Latest news with #Qihoo360
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First Post
01-05-2025
- Business
- First Post
China is building a cyber army of hackers: Report
Hackathons are common, but Chinese hacking competitions are different. China has been dominating popular international cybersecurity competitions like Pwn2Own. However, more recently, the country has developed its own hacking contests, essentially withdrawing from international events read more China is doing everything it can to make a name for itself in the world of technology. That includes hacking into big tech firms by means of friendly competitions in which people participate and report their findings to the government. Hackathons are common, but Chinese hacking competitions are different. China has been dominating popular international cybersecurity competitions like Pwn2Own. However, more recently, the country has developed its own hacking contests, essentially withdrawing from international events. STORY CONTINUES BELOW THIS AD In 2017, Zhou Hongyi, the founder of Chinese cybersecurity giant Qihoo 360, publicly criticised the practice of sharing vulnerability discoveries internationally, arguing that such strategic assets should stay within China. His sentiments, supported by the Chinese government, gave birth to the national hacking competition called the Tianfu Cup. The contest is focused on discovering vulnerabilities in global tech products like Apple iOS, Google's Android, and Microsoft systems. How is Tianfu Cup different? According to a report by Bloomberg, a 2018 rule mandates participants of the Tianfu Cup to hand over their findings to the government, instead of the tech companies. Dakota Cary, a China-focused consultant at the US cybersecurity company SentinelOne, said, 'In practice, this meant vulnerabilities were passed to the state for use in operations.' This approach effectively turned hacking competitions into a government pipeline for acquiring zero-day vulnerabilities — software flaws unknown to vendors and extremely valuable for cyber-espionage. US steps into the picture This practice of acquiring sensitive data from big tech companies has brewed trouble for China in the past. Recently, a data leak involving files from the Chinese cybersecurity firm i-Soon, posted on GitHub, revealed apparent connections between hacking competitions, the government, and the cyber firms granted access to discovered vulnerabilities. Several i-Soon employees were charged by US authorities in March, who alleged that they were carrying out cyberattacks at the direction of the Chinese government. In recent years, China's hacking competitions have increasingly shifted focus toward breaching domestic products, including Chinese-made electric vehicles, phones, and security software. This aligns closely with Beijing's broader 'Delete America' initiative, aimed at replacing foreign technology with homegrown alternatives and achieving greater self-reliance.
Yahoo
08-03-2025
- Business
- Yahoo
Salesforce (CRM): Bullish Outlook Despite Soft Revenue Guidance – Here's Why!
We recently published a list of . In this article, we are going to take a look at where Salesforce Inc (NYSE:CRM) stands against other AI stocks making big moves today. What is the biggest security risk in artificial intelligence? According to CPPCC member Zhou Hongyi, co-founder and chairman of internet security firm Qihoo 360, it is to fall behind. The Chinese People's Political Consultative Conference (CPPCC) is a political advisory body in China and a key component of the Chinese Communist Party (CCP)'s united front system. Unlike former President Joe Biden's stance on AI, which was supportive but cautious, current AI leaders, including President Donald Trump, and political advisors in Beijing, are against overregulation in the AI industry. READ ALSO: and The Trump administration has since reversed Biden's AI executive order and launched the Stargate project, reflecting on his pro-innovation stance instead. Likewise, Beijing's political advisors have made remarks ahead of the country's annual parliamentary meetings, advising against overregulating artificial intelligence companies amid a growing debate about the emerging technology. 'We should neither exaggerate nor ignore security issues related to AI. Some leading AI companies in the US exaggerate the security issues of AI as an excuse for not having open-sourced products as they seek a monopoly, so the latecomers cannot catch up.' Zhou cautioned that China must 'correctly understand' the security risks in AI. 'Falling behind in [AI] development is the biggest security risk. We must seize this opportunity of AI to improve productivity and let everyone benefit from the fruits of the inclusiveness of science and technology'. Zhang Yi, a senior partner at King & Wood Mallesons and CPPCC member, advised that China needs to develop its own AI rules to ensure stable development but at the same time, needs to be aware that 'overly strong legal intervention might become a rope that strangles the development of AI as global competition intensifies'. In a race towards supremacy in artificial intelligence, Beijing is working hard and has signaled that it will act cautiously on regulation of the sector. According to the Ministry of Science and Technology, legislation on artificial intelligence is going to be rolled out in an 'orderly' way in response to proposals from the CPPCC. For this article, we selected AI stocks by going through news articles, stock analysis, and press releases. These stocks are also popular among hedge funds. The hedge fund data is as of Q4 2024. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A customer service team in an office setting using the company's Customer 360 platform to communicate with Inc (NYSE:CRM) is a cloud-based CRM company that has gained popularity after the launch of its AI-powered platform called Agentforce. On March 3rd, Mizuho Securities analyst Gregg Moskowitz reiterated a 'Buy' rating on the stock and kept the price target at $425.00. The firm is optimistic on the stock based on its strong performance and potential for growth. Salesforce has reported a robust quarter, with cRPO growth demonstrating an impressive 11% increase in constant currency terms. The early momentum of Salesforce's AI-powered platform Agentforce has also been notable, the firm added. An estimated 5,000 deals have closed since October, contributing to a combined Data Cloud and AI annual recurring revenue of around $900 million. The firm did acknowledge that FY26 revenue guidance fell short of consensus, but believes the market overreacted considering that company fundamentals remain strong. All in all, the firm is bullish on the stock considering Salesforce's strong position in managing its customers' digital transformation efforts and the promising opportunity of Agentforce. Overall, CRM ranks 6th on our list of AI stocks making big moves today. While we acknowledge the potential of CRM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than CRM but that trades at less than 5 times its earnings, check out our report about the . READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
08-03-2025
- Business
- Yahoo
Salesforce (CRM): Bullish Outlook Despite Soft Revenue Guidance – Here's Why!
We recently published a list of . In this article, we are going to take a look at where Salesforce Inc (NYSE:CRM) stands against other AI stocks making big moves today. What is the biggest security risk in artificial intelligence? According to CPPCC member Zhou Hongyi, co-founder and chairman of internet security firm Qihoo 360, it is to fall behind. The Chinese People's Political Consultative Conference (CPPCC) is a political advisory body in China and a key component of the Chinese Communist Party (CCP)'s united front system. Unlike former President Joe Biden's stance on AI, which was supportive but cautious, current AI leaders, including President Donald Trump, and political advisors in Beijing, are against overregulation in the AI industry. READ ALSO: and The Trump administration has since reversed Biden's AI executive order and launched the Stargate project, reflecting on his pro-innovation stance instead. Likewise, Beijing's political advisors have made remarks ahead of the country's annual parliamentary meetings, advising against overregulating artificial intelligence companies amid a growing debate about the emerging technology. 'We should neither exaggerate nor ignore security issues related to AI. Some leading AI companies in the US exaggerate the security issues of AI as an excuse for not having open-sourced products as they seek a monopoly, so the latecomers cannot catch up.' Zhou cautioned that China must 'correctly understand' the security risks in AI. 'Falling behind in [AI] development is the biggest security risk. We must seize this opportunity of AI to improve productivity and let everyone benefit from the fruits of the inclusiveness of science and technology'. Zhang Yi, a senior partner at King & Wood Mallesons and CPPCC member, advised that China needs to develop its own AI rules to ensure stable development but at the same time, needs to be aware that 'overly strong legal intervention might become a rope that strangles the development of AI as global competition intensifies'. In a race towards supremacy in artificial intelligence, Beijing is working hard and has signaled that it will act cautiously on regulation of the sector. According to the Ministry of Science and Technology, legislation on artificial intelligence is going to be rolled out in an 'orderly' way in response to proposals from the CPPCC. For this article, we selected AI stocks by going through news articles, stock analysis, and press releases. These stocks are also popular among hedge funds. The hedge fund data is as of Q4 2024. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A customer service team in an office setting using the company's Customer 360 platform to communicate with Inc (NYSE:CRM) is a cloud-based CRM company that has gained popularity after the launch of its AI-powered platform called Agentforce. On March 3rd, Mizuho Securities analyst Gregg Moskowitz reiterated a 'Buy' rating on the stock and kept the price target at $425.00. The firm is optimistic on the stock based on its strong performance and potential for growth. Salesforce has reported a robust quarter, with cRPO growth demonstrating an impressive 11% increase in constant currency terms. The early momentum of Salesforce's AI-powered platform Agentforce has also been notable, the firm added. An estimated 5,000 deals have closed since October, contributing to a combined Data Cloud and AI annual recurring revenue of around $900 million. The firm did acknowledge that FY26 revenue guidance fell short of consensus, but believes the market overreacted considering that company fundamentals remain strong. All in all, the firm is bullish on the stock considering Salesforce's strong position in managing its customers' digital transformation efforts and the promising opportunity of Agentforce. Overall, CRM ranks 6th on our list of AI stocks making big moves today. While we acknowledge the potential of CRM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than CRM but that trades at less than 5 times its earnings, check out our report about the . READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
06-03-2025
- Business
- Yahoo
Amazon.com, Inc. (AMZN) and GE Vernova Team Up to Power Global Data Center Expansion!
We recently published a list of . In this article, we are going to take a look at where Inc. (NASDAQ:AMZN) stands against other AI stocks making big moves today. What is the biggest security risk in artificial intelligence? According to CPPCC member Zhou Hongyi, co-founder and chairman of internet security firm Qihoo 360, it is to fall behind. The Chinese People's Political Consultative Conference (CPPCC) is a political advisory body in China and a key component of the Chinese Communist Party (CCP)'s united front system. Unlike former President Joe Biden's stance on AI, which was supportive but cautious, current AI leaders, including President Donald Trump, and political advisors in Beijing, are against overregulation in the AI industry. READ ALSO: and The Trump administration has since reversed Biden's AI executive order and launched the Stargate project, reflecting on his pro-innovation stance instead. Likewise, Beijing's political advisors have made remarks ahead of the country's annual parliamentary meetings, advising against overregulating artificial intelligence companies amid a growing debate about the emerging technology. 'We should neither exaggerate nor ignore security issues related to AI. Some leading AI companies in the US exaggerate the security issues of AI as an excuse for not having open-sourced products as they seek a monopoly, so the latecomers cannot catch up.' Zhou cautioned that China must 'correctly understand' the security risks in AI. 'Falling behind in [AI] development is the biggest security risk. We must seize this opportunity of AI to improve productivity and let everyone benefit from the fruits of the inclusiveness of science and technology'. Zhang Yi, a senior partner at King & Wood Mallesons and CPPCC member, advised that China needs to develop its own AI rules to ensure stable development but at the same time, needs to be aware that 'overly strong legal intervention might become a rope that strangles the development of AI as global competition intensifies'. In a race towards supremacy in artificial intelligence, Beijing is working hard and has signaled that it will act cautiously on regulation of the sector. According to the Ministry of Science and Technology, legislation on artificial intelligence is going to be rolled out in an 'orderly' way in response to proposals from the CPPCC. For this article, we selected AI stocks by going through news articles, stock analysis, and press releases. These stocks are also popular among hedge funds. The hedge fund data is as of Q4 2024. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A customer entering an internet retail store, illustrating the convenience of online Inc. (NASDAQ:AMZN) is an American technology company offering e-commerce, cloud computing, and other services, including digital streaming and artificial intelligence solutions. On March 4th, renewable energy company GE Vernova reported that it has signed an agreement with Amazon's cloud services business to support the e-commerce giant's data center expansion plans. The strategic framework agreement (SFA) will not only support AWS's data center scaling, but also allow collaboration to address increasing global energy demand, advance grid security and reliability, and decarbonize electric power systems. GE Vernova will provide AWS with new offerings to electrify and decarbonize data centers across North America, Europe, and Asia. These include electrification systems, renewables, and power generation equipment and services. In turn, AWS will offer GE Vernova its cloud services solutions to progress its cloud migration and digital innovation efforts, including through generative AI. 'Through this expanded collaboration with GE Vernova, we'll be able to accelerate data and energy efficiencies, driving reliable and more sustainable operations. Our shared goals of addressing increased global energy demand, advancing grid security, and decarbonizing electric power systems will help our customers across the globe.' Overall, AMZN ranks 1st on our list of AI stocks making big moves today. While we acknowledge the potential of AMZN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than AMZN but that trades at less than 5 times its earnings, check out our report about the . READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
06-03-2025
- Business
- Yahoo
Amazon.com (AMZN) and GE Vernova Team Up to Power Global Data Center Expansion!
We recently published a list of . In this article, we are going to take a look at where Inc. (NASDAQ:AMZN) stands against other AI stocks making big moves today. What is the biggest security risk in artificial intelligence? According to CPPCC member Zhou Hongyi, co-founder and chairman of internet security firm Qihoo 360, it is to fall behind. The Chinese People's Political Consultative Conference (CPPCC) is a political advisory body in China and a key component of the Chinese Communist Party (CCP)'s united front system. Unlike former President Joe Biden's stance on AI, which was supportive but cautious, current AI leaders, including President Donald Trump, and political advisors in Beijing, are against overregulation in the AI industry. READ ALSO: and The Trump administration has since reversed Biden's AI executive order and launched the Stargate project, reflecting on his pro-innovation stance instead. Likewise, Beijing's political advisors have made remarks ahead of the country's annual parliamentary meetings, advising against overregulating artificial intelligence companies amid a growing debate about the emerging technology. 'We should neither exaggerate nor ignore security issues related to AI. Some leading AI companies in the US exaggerate the security issues of AI as an excuse for not having open-sourced products as they seek a monopoly, so the latecomers cannot catch up.' Zhou cautioned that China must 'correctly understand' the security risks in AI. 'Falling behind in [AI] development is the biggest security risk. We must seize this opportunity of AI to improve productivity and let everyone benefit from the fruits of the inclusiveness of science and technology'. Zhang Yi, a senior partner at King & Wood Mallesons and CPPCC member, advised that China needs to develop its own AI rules to ensure stable development but at the same time, needs to be aware that 'overly strong legal intervention might become a rope that strangles the development of AI as global competition intensifies'. In a race towards supremacy in artificial intelligence, Beijing is working hard and has signaled that it will act cautiously on regulation of the sector. According to the Ministry of Science and Technology, legislation on artificial intelligence is going to be rolled out in an 'orderly' way in response to proposals from the CPPCC. For this article, we selected AI stocks by going through news articles, stock analysis, and press releases. These stocks are also popular among hedge funds. The hedge fund data is as of Q4 2024. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A customer entering an internet retail store, illustrating the convenience of online Inc. (NASDAQ:AMZN) is an American technology company offering e-commerce, cloud computing, and other services, including digital streaming and artificial intelligence solutions. On March 4th, renewable energy company GE Vernova reported that it has signed an agreement with Amazon's cloud services business to support the e-commerce giant's data center expansion plans. The strategic framework agreement (SFA) will not only support AWS's data center scaling, but also allow collaboration to address increasing global energy demand, advance grid security and reliability, and decarbonize electric power systems. GE Vernova will provide AWS with new offerings to electrify and decarbonize data centers across North America, Europe, and Asia. These include electrification systems, renewables, and power generation equipment and services. In turn, AWS will offer GE Vernova its cloud services solutions to progress its cloud migration and digital innovation efforts, including through generative AI. 'Through this expanded collaboration with GE Vernova, we'll be able to accelerate data and energy efficiencies, driving reliable and more sustainable operations. Our shared goals of addressing increased global energy demand, advancing grid security, and decarbonizing electric power systems will help our customers across the globe.' Overall, AMZN ranks 1st on our list of AI stocks making big moves today. While we acknowledge the potential of AMZN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than AMZN but that trades at less than 5 times its earnings, check out our report about the . READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
