The X-News Explorer is the ultimate source of information for investors with an affinity for the stock market who want to get a quick and convenient overview of the current news situation of a listed company. Various newswire services are available here. If a news alert is displayed, you will find company news that may be of interest to you. This service is provided by PR-Newswire.
TEMPE, Ariz. and PRAGUE, April 17, 2025 /PRNewswire/ -- Gen Digital Inc. (NASDAQ: GEN), a global leader dedicated to powering Digital Freedom through its family of consumer brands, today announced the successful closing of its acquisition of MoneyLion Inc. This strategic milestone strengthens Gen's leadership in financial wellness, empowering consumers to confidently manage and protect their digital and financial lives.
"We're thrilled to welcome MoneyLion to the Gen family. The addition of MoneyLion accelerates our position to redefine financial empowerment in a digital-first world," said Vincent Pilette, CEO of Gen. "People need intuitive, holistic solutions they can trust. We're uniting decades of expertise and the global scale of Gen's Consumer Cyber Safety Platform with MoneyLion's industry-leading financial ecosystem. Gen is uniquely positioned to empower people to make smarter financial decisions, take greater control, and build lasting financial well-being."
TEMPE, Ariz. and PRAGUE, April 8, 2025 /PRNewswire/ -- Gen Digital Inc. (NASDAQ: GEN) today announced that its fiscal year 2025 fourth quarter and full-year financial results will be released Tuesday, May 6, 2025, after market close. Following the press release, Gen management will host a conference call and webcast at 2 p.m. PT / 5 p.m. ET.
Fiscal 2025 Q4 and Full-Year Earnings CallMay 6, 20252 p.m. PT / 5 p.m. ETConference call dial-in and live webcast link available on Investor.GenDigital.com
TEMPE, Ariz. and PRAGUE, April 3, 2025 /PRNewswire/ -- Gen (NASDAQ: GEN), a global leader dedicated to powering Digital Freedom, today announced that independent testing institutions AV-Comparatives, AV-Test and AVLab have recognized multiple products across Gen trusted consumer brands: Norton, Avast, AVG and Avira.
"We recognize the rigor of these tests and are honored to receive awards from three of the leading cybersecurity benchmarking institutions," said Siggi Stefnisson, Cyber Safety CTO at Gen. "The threat landscape is changing at a rapid pace, and our team works tirelessly to adjust both our core technology and our products to ensure our customers are protected from the latest threats, year after year."
U.S. Threats Up 137% Fueled by AI-Powered Attacks and Data Breaches
TEMPE, Ariz. and PRAGUE, March 25, 2025 /PRNewswire/ -- Sextortion scams are becoming more common – and more threatening – as cybercriminals exploit artificial intelligence (AI) and large-scale data breaches to develop highly convincing and personalized scams. A recent analysis by Avast, a leader in digital security and privacy and part of Gen (NASDAQ: GEN), found that in 2025 so far, the risk of being targeted with sextortion scams in the U.S. has risen 137%.
Look out for W-2 phishing scams, disaster relief scams and fake debt relief scams
TEMPE, Ariz. and PRAGUE, Feb. 25, 2025 /PRNewswire/ -- As AI-driven scams surge this tax season, taxpayers face unprecedented challenges in safeguarding their personal and financial information. Taxpayers are increasingly targeted with plausible, highly convincing emails, texts and calls. In one alarming trend, fraudsters use AI-generated voice scams to impersonate IRS agents or tax professionals with voices and conversation that sound realistic. With the ability to create and widely spread these realistic voice scams, taxpayers have to be vigilant to ensure they don't get tricked by scammers this year. According to a recent study conducted by LifeLock, the leader in identity theft protection in the U.S. and part of Gen™ (NASDAQ: GEN), 56% of individuals have already encountered AI-powered tax scams featuring realistic voices.
TEMPE, Ariz. and PRAGUE, Feb. 13, 2025 /PRNewswire/ -- Gen Digital Inc. (NASDAQ: GEN), a global leader dedicated to powering Digital Freedom through its family of consumer brands, announced today that it has priced $950 million aggregate principal amount of its 6.25% senior notes due 2033 (the "Notes"), which were offered in a private offering (the "Notes Offering") that is exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act").
TEMPE, Ariz. and PRAGUE, Feb. 13, 2025 /PRNewswire/ -- Gen Digital Inc. (NASDAQ: GEN), a global leader dedicated to powering Digital Freedom through its family of consumer brands, announced today that it is proposing to sell $1,100 million aggregate principal amount of senior notes due 2033 (the "Notes") in a private offering (the "Notes Offering") that is exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act").
Social media, AI and human trust led to a record-breaking year of advanced scams and personal data loss
TEMPE, Ariz. and PRAGUE, Feb. 13, 2025 /PRNewswire/ -- Gen™ (NASDAQ: GEN), a global leader in consumer Cyber Safety with a family of brands including Norton, Avast, LifeLock, Avira, AVG, ReputationDefender and CCleaner, today released its Q4/2024 Gen Threat Report. The report reveals a surge in online threats to close out a record-breaking 2024, with 2.55 billion cyberthreats blocked in October to December – equaling 321 threats every second. The risk ratio of encountering threats reached 27.7% in Q4, with social engineering attacks comprising 86% of all blocked threats, demonstrating the advanced psychological tactics used by cybercriminals today.
Norton uncovers AI's role in modern romance, with 60% of online daters believing their matches used AI to chat them up
TEMPE, Ariz. and PRAGUE, Feb. 4, 2025 /PRNewswire/ -- As dating platforms evolve and artificial intelligence becomes more integrated into our daily lives, people are finding both new opportunities and new threats in their pursuit of meaningful connections. A new study from Norton, a consumer Cyber Safety brand of Gen™ (NASDAQ: GEN), uncovers how AI is reshaping online dating– helping people create personalized profiles, draft messages to their matches and even enhance photos. Three fifths (60%) of current online daters believe they've had a conversation with someone on a dating app that was written by AI, likely fueled by the growing popularity of using AI as your own personal dating coach. Nearly two-thirds (64%) of people online dating expressed interest in using AI to write pick-up lines, 63% would use AI to develop their dating profiles, and 60% are open to using AI as a dating coach.
Company strengthens full-year guidance following strong Q3 momentum
TEMPE, Ariz. and PRAGUE, Jan. 30, 2025 /PRNewswire/ -- Gen Digital Inc. (NASDAQ: GEN), a global leader dedicated to Powering Digital Freedom, released its results for the third quarter fiscal year 2025, which ended December 27, 2024.
"Sophisticated scams and financial fraud are everywhere. People need comprehensive solutions to address both the evolving threat landscape while also protecting their personal information," said Vincent Pilette, CEO of Gen. "Millions of customers trust us to deliver practical solutions built with the best technology to address today's challenges and anticipate tomorrow's. We're dedicated to building upon that trust to not only protect their data and assets, but to also help them manage and grow their digital and financial life."