Latest news with #dataStorage
Yahoo
17 hours ago
- Business
- Yahoo
Argus Lowers WDC Price Target to $65, Maintains Buy on Growth Prospects
Argus recently lowered the price target on Western Digital Corporation (NASDAQ:WDC) to $65 from $88 and kept a Buy rating on the shares. Western Digital develops, manufactures, and sells data storage devices and solutions. In an investor note, the analyst told investors that memory and data storage demand in the enterprise and cloud markets appeared to be growing, and Western Digital was positioned for solid top- and bottom-line growth across the remainder of FY25 and into FY26, though the advisory was adjusting its model to account for the SanDisk separation. The firm recently announced that it would take a significant step forward in enhancing shareholder value with a new $2 billion share repurchase program. Moreover, Cerabyte, a ceramic-based data storage solutions firm, recently announced a strategic investment from WDC. The partnership will accelerate the development of Cerabyte's ground-breaking ceramic data storage technology, designed to meet the growing demand for permanent accessible long-term data storage in existing and new use cases. While we acknowledge the potential of WDC, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than WDC and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 33 Most Important AI Companies You Should Pay Attention To and 30 Best AI Stocks to Buy According to Billionaires Disclosure: None. 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
Yahoo
5 days ago
- Business
- Yahoo
DoveRunner Expands Offerings With New Indonesia Region to Strengthen Data Sovereignty and Compliance
New option for data processing and storage in Indonesia enhances data sovereignty, compliance and performance for businesses operating in Southeast Asia. JAKARTA, Indonesia, May 27, 2025--(BUSINESS WIRE)--In response to the growing demand for regional data processing and heightened regulatory requirements, DoveRunner is excited to announce the launch of a data processing and storage solution in Indonesia. Starting today, DoveRunner customers can now maintain their data—including APKs, console metadata and account information—within Indonesia, ensuring stronger alignment with the country's data residency laws and improving overall data security. Because data localization continues to be a central consideration for businesses in Asia, Indonesia's GR71 and Personal Data Protection (PDP) law have set the standard for how organizations must handle local data. With increasing pressure to comply with local data residency regulations, it is essential for businesses to process and store data within their jurisdiction to avoid compliance risks. "As the demand for data sovereignty continues to grow across Southeast Asia, we are proud to support businesses in Indonesia by providing a secure, compliant and high-performance regional infrastructure," says James Ahn, CEO of DoveRunner. "Our new Indonesia region selection reflects our commitment to helping organizations meet evolving regulatory requirements while empowering them to innovate and grow with confidence." The Indonesia region selection offers several key benefits: Enhanced data sovereignty: All data, including APK analysis, telemetry and account metadata, will remain within Indonesia, fully complying with local data laws. Improved performance and latency: By offering a regional processing node within Indonesia, DoveRunner ensures the Jakarta region delivers faster data processing and reduced latency for Southeast Asia-based customers. Seamless integration with local governance: Businesses can easily switch to the Jakarta region through the DoveRunner platform to align with internal data governance and jurisdictional needs. This expansion comes on the heels of DoveRunner's recent rebranding and the merger of its flagship products, PallyCon and AppSealing, under one organization dedicated to security. With more than 25 years of experience in cybersecurity, DoveRunner strives to make security a solution rather than a stopgap, enabling organizations to continue innovating in an increasingly data-driven world. ABOUT DOVERUNNER DoveRunner offers complete mobile application and content security solutions that are designed for how the world works today—across applications and across devices—because we are all digitally interconnected. View source version on Contacts Brian ClevengerChief Marketing OfficerDoveRunnerbclevenger@ 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
Yahoo
5 days ago
- Business
- Yahoo
DoveRunner Expands Offerings With New Indonesia Region to Strengthen Data Sovereignty and Compliance
New option for data processing and storage in Indonesia enhances data sovereignty, compliance and performance for businesses operating in Southeast Asia. JAKARTA, Indonesia, May 27, 2025--(BUSINESS WIRE)--In response to the growing demand for regional data processing and heightened regulatory requirements, DoveRunner is excited to announce the launch of a data processing and storage solution in Indonesia. Starting today, DoveRunner customers can now maintain their data—including APKs, console metadata and account information—within Indonesia, ensuring stronger alignment with the country's data residency laws and improving overall data security. Because data localization continues to be a central consideration for businesses in Asia, Indonesia's GR71 and Personal Data Protection (PDP) law have set the standard for how organizations must handle local data. With increasing pressure to comply with local data residency regulations, it is essential for businesses to process and store data within their jurisdiction to avoid compliance risks. "As the demand for data sovereignty continues to grow across Southeast Asia, we are proud to support businesses in Indonesia by providing a secure, compliant and high-performance regional infrastructure," says James Ahn, CEO of DoveRunner. "Our new Indonesia region selection reflects our commitment to helping organizations meet evolving regulatory requirements while empowering them to innovate and grow with confidence." The Indonesia region selection offers several key benefits: Enhanced data sovereignty: All data, including APK analysis, telemetry and account metadata, will remain within Indonesia, fully complying with local data laws. Improved performance and latency: By offering a regional processing node within Indonesia, DoveRunner ensures the Jakarta region delivers faster data processing and reduced latency for Southeast Asia-based customers. Seamless integration with local governance: Businesses can easily switch to the Jakarta region through the DoveRunner platform to align with internal data governance and jurisdictional needs. This expansion comes on the heels of DoveRunner's recent rebranding and the merger of its flagship products, PallyCon and AppSealing, under one organization dedicated to security. With more than 25 years of experience in cybersecurity, DoveRunner strives to make security a solution rather than a stopgap, enabling organizations to continue innovating in an increasingly data-driven world. ABOUT DOVERUNNER DoveRunner offers complete mobile application and content security solutions that are designed for how the world works today—across applications and across devices—because we are all digitally interconnected. View source version on Contacts Brian ClevengerChief Marketing OfficerDoveRunnerbclevenger@ Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
5 days ago
- Business
- Yahoo
DoveRunner Expands Offerings With New Indonesia Region to Strengthen Data Sovereignty and Compliance
New option for data processing and storage in Indonesia enhances data sovereignty, compliance and performance for businesses operating in Southeast Asia. JAKARTA, Indonesia, May 27, 2025--(BUSINESS WIRE)--In response to the growing demand for regional data processing and heightened regulatory requirements, DoveRunner is excited to announce the launch of a data processing and storage solution in Indonesia. Starting today, DoveRunner customers can now maintain their data—including APKs, console metadata and account information—within Indonesia, ensuring stronger alignment with the country's data residency laws and improving overall data security. Because data localization continues to be a central consideration for businesses in Asia, Indonesia's GR71 and Personal Data Protection (PDP) law have set the standard for how organizations must handle local data. With increasing pressure to comply with local data residency regulations, it is essential for businesses to process and store data within their jurisdiction to avoid compliance risks. "As the demand for data sovereignty continues to grow across Southeast Asia, we are proud to support businesses in Indonesia by providing a secure, compliant and high-performance regional infrastructure," says James Ahn, CEO of DoveRunner. "Our new Indonesia region selection reflects our commitment to helping organizations meet evolving regulatory requirements while empowering them to innovate and grow with confidence." The Indonesia region selection offers several key benefits: Enhanced data sovereignty: All data, including APK analysis, telemetry and account metadata, will remain within Indonesia, fully complying with local data laws. Improved performance and latency: By offering a regional processing node within Indonesia, DoveRunner ensures the Jakarta region delivers faster data processing and reduced latency for Southeast Asia-based customers. Seamless integration with local governance: Businesses can easily switch to the Jakarta region through the DoveRunner platform to align with internal data governance and jurisdictional needs. This expansion comes on the heels of DoveRunner's recent rebranding and the merger of its flagship products, PallyCon and AppSealing, under one organization dedicated to security. With more than 25 years of experience in cybersecurity, DoveRunner strives to make security a solution rather than a stopgap, enabling organizations to continue innovating in an increasingly data-driven world. ABOUT DOVERUNNER DoveRunner offers complete mobile application and content security solutions that are designed for how the world works today—across applications and across devices—because we are all digitally interconnected. View source version on Contacts Brian ClevengerChief Marketing OfficerDoveRunnerbclevenger@
Zawya
23-05-2025
- Business
- Zawya
Seagate highlights strategy to build long-term value in today's data-driven world at 2025 Investor and Analyst Event
Sets new financial targets through FY2028, underpinned by the adoption of Seagate's first-to-market HAMR technology and continued focused execution Unveils differentiated product roadmap, with clear path from Mozaic 3+TB/disk to 10+TB/disk Increases share repurchase authorization to $5 billion Dubai, United Arab Emirates – Seagate Technology Holdings plc (NASDAQ: STX), a leading innovator of mass-capacity data storage, today hosted its 2025 Investor and Analyst Event and outlined the Company's clear strategy to capture growth opportunities ahead, drive profitability and build long-term value for customers and shareholders. 'Technology innovation and AI are fueling exponential data growth and driving demand for the hard drive storage industry. Seagate today is uniquely positioned to capture this opportunity with our Mozaic portfolio powered by market-leading HAMR technology. Our differentiated portfolio addresses critical data center challenges, including cost, scale and sustainability, enabling us to deliver storage solutions for customers from cloud to edge,' said Dave Mosley, Seagate's chief executive officer. 'Since our last Investor and Analyst Event in 2021, we have made structural improvements to extend demand visibility, maintain supply discipline, optimize product mix, and streamline cost structure. We are a stronger company today thanks to the dedicated efforts of our global team. This is an incredibly exciting time at Seagate, and we are confident we have the right technology and strategy to lead the next era of storage in today's data-driven world, while delivering enhanced value to shareholders,' concluded Mosley. During the event, the Company outlined new financial targets for the period through FY2028, which are supported by the adoption of HAMR technology. Additionally, Seagate announced today that its Board of Directors has increased Seagate's share repurchase authorization to $5 billion, underscoring its commitment to capital returns and confidence in the future. The authorization does not have a time limit and any share repurchases will be dependent on Seagate's financial position, results of operations, available cash, cash flow, capital requirements, distributable reserves, and other factors deemed relevant by the Company. Event Materials and Replay The full presentation and replay from today's 2025 Investor and Analyst Event can be accessed on Seagate's Investor Relations website at About Seagate Technology Seagate Technology is a leading innovator of mass-capacity data storage. We create breakthrough technology so you can confidently store your data and easily unlock its value. Founded over 45 years ago, Seagate has shipped over four billion terabytes of data capacity and offers a full portfolio of storage devices, systems, and services from edge to cloud. ©2025 Seagate Technology LLC. All rights reserved. Seagate, Seagate Technology, Mozaic 3+, Exos, and the Spiral logo are trademarks or registered trademarks of Seagate Technology LLC in the United States and/or other countries. All other trademarks or registered trademarks are the property of their respective owners. When referring to drive capacity, one gigabyte, or GB, equals one billion bytes, one terabyte, or TB, equals one trillion bytes, and one exabyte, or EB, equals one quintillion bytes.
