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AI's High Cost Pushes Smaller Cybersecurity Companies to Sell
AI's High Cost Pushes Smaller Cybersecurity Companies to Sell

Wall Street Journal

time22-07-2025

  • Business
  • Wall Street Journal

AI's High Cost Pushes Smaller Cybersecurity Companies to Sell

Executives and financiers see a sharp increase in the number of cybersecurity companies seeking to be acquired by their rivals, as the continuing artificial intelligence race reshapes strategies and strains resources. The emergence of AI in recent years as a critical offering for vendors, regardless of the sector in which they operate, is putting pressure on smaller businesses to consider how they will compete with larger companies.

New World Misses Target Date for $2 Billion Loan, Talks Ongoing
New World Misses Target Date for $2 Billion Loan, Talks Ongoing

Bloomberg

time14-07-2025

  • Business
  • Bloomberg

New World Misses Target Date for $2 Billion Loan, Talks Ongoing

New World Development Co. missed a self-imposed target to complete an up to HK$15.6 billion ($2 billion) loan led by Deutsche Bank AG, according to people familiar with the matter, as challenges persist even after the distressed developer closed a major refinancing deal last month. The latest deal hasn't been completed yet, as some of New World's existing financiers have expressed little interest in further increasing their exposure to the beleaguered developer, said the people, who asked not to be identified discussing private matters. Deutsche Bank is seeking to attract new lenders to join, they added.

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