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2025-01-24
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Synopsys Inc SNPS reported fourth-quarter financial results after the market close on Wednesday. Here’s a rundown of the report . Q4 Revenue: $1.64 billion, versus estimates of $1.63 billion Q4 Adjusted EPS: $3.40, versus estimates of $3.30 “The fourth quarter was a strong finish to a transformational year for Synopsys. We achieved record financial results while doubling down on our strategy with the sale of our Software Integrity business and the pending acquisition of Ansys,” said Sassine Ghazi , president and CEO of Synopsys. “Looking ahead, the AI-driven reinvention of compute is accelerating the pace, scale and complexity of technology R&D, which expands our opportunity to solve engineering challenges from silicon to systems.” Synopsys said its previously announced acquisition of Ansys is expected to close in the first half of 2025. The company is working cooperatively with the Federal Trade Commission (FTC) to conclude the investigation and the staff’s review of Synopsys’ proposed remedies. Outlook: Synopsys expects first-quarter revenue to be in the range of $1.435 billion to $1.465 billion versus estimates of $1.643 billion, according to Benzinga Pro . The company sees first-quarter adjusted earnings between $2.77 and $2.82 per share versus estimates of $3.53 per share. Synopsys noted that its outlook reflects a change in the company’s fiscal year from a 52/53-week period ending on the Saturday nearest to Oct. 31 of each year to Oct. 31 of each year. As a result of this change, there will be 10 fewer days in the first half of fiscal year 2025. “In 2025, we expect to deliver double-digit revenue growth grounded in pragmatism given continued macro uncertainties and the impact of our fiscal year calendar change,” said Shelagh Glaser , CFO of Synopsys. SNPS Price Action: Synopsys shares were down 6.23% in after-hours, trading at $551.37 at the time of publication Wednesday, per Benzinga Pro . Read Next: ChargePoint Stock Rallies After Q3 Results: EPS In Line, Revenues Beat Photo: Courtesy of Synopsys. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Householders who are affected by Storm Darragh will be able to receive support under the Humanitarian Assistance Scheme. Seven counties have been hit with a red weather warning as the entire country is under an orange warning for wind, and a yellow warning for rain, with the storm set to batter the country. With potential damage to homes being an expected impact of the storm, the Department of Social Protection have said that those whose homes are affected by the storm may be able to avail of the Humanitarian Assistance Scheme. ⚠️The Humanitarian Assistance Scheme is available to support those householders affected by Storm Darragh. If any homeowner affected by severe weather needs to access these supports, our emergency Community Welfare Service contact details are here @ https://t.co/lUBVhbJORD pic.twitter.com/9GHcklEn1G ‘The Humanitarian Assistance Scheme will be available to provide support to those living in properties directly affected by Storm Darragh,’ the Department of Social Protection said on their website. ‘The Humanitarian Assistance Scheme prevents hardship by providing income-tested financial support to people whose homes are damaged from severe weather events and who are unable to meet costs for essential needs, household items and structural repair.’ The Department have also said that the Intreo and Branch Offices are closed over the weekend, but there is a Community Welfare Service emergency number. ‘In the event of an extreme emergency (damaged property from extreme weather) occurring due to Storm Darragh on the days our Intreo/ Branch Offices are closed over the weekend, [but] the Community Welfare Services can be contacted,’ the Department added. ‘Phone 087 2895001 from 10am to 4.30pm Saturday and Sunday (this phoneline is for emergencies only). Outside of these hours please email DNCWS@welfare.ie. ‘Our offices and our designated Community Welfare Service phoneline (0818 60 70 80) will be open again on Monday 9 December at 9.15am.’ Galway, Clare, Mayo, Donegal, Leitrim, Sligo and Wicklow are hit with red weather warnings from Storm Darragh, while the rest of the country will be under an orange weather warning. The red warnings will hit Galway, Mayo and Clare at first, beginning at 9pm and lasting until 2am on Saturday morning (Galway and Clare) and 3am (Mayo). Donegal, Leitrim and Sligo’s red warning will begin at 10pm on Friday, and will last at 3am on Saturday morning. Finally, at 1am on Saturday morning, the red warning will reach Wicklow and will stay in effect until 6am. Potential impacts of the red warnings include fallen trees, damage to power lines, dangerous travel conditions and structural damage. The rest of the weather warnings, including an orange wind warning and yellow rain warning for the entire country, will finally dissipate at around 3pm on Saturday.

Up Approximately 8,000% the Past 20 Years, This Stock Just Shot Higher on Increased Guidance. Can the Momentum Continue?WASHINGTON — A top White House official said Wednesday at least eight U.S. telecom firms and dozens of nations were impacted by a Chinese hacking campaign. Deputy national security adviser Anne Neuberger offered new details about the breadth of the sprawling Chinese hacking campaign that gave officials in Beijing access to private texts and phone conversations of an unknown number of Americans. FILE - The American and Chinese flags wave at Genting Snow Park ahead of the 2022 Winter Olympics, in Zhangjiakou, China, on Feb. 2, 2022. A top White House official on Wednesday said at least eight U.S. telecom firms and dozens of nations have been impacted by a Chinese hacking campaign. (AP Photo/Kiichiro Sato, File) Neuberger divulged the scope of the hack a day after the FBI and the Cybersecurity and Infrastructure Security Agency issued guidance intended to help root out the hackers and prevent similar cyberespionage in the future. White House officials cautioned that the number of telecommunication firms and countries impacted could grow. The U.S. believes the hackers were able to gain access to communications of senior U.S. government officials and prominent political figures through the hack, Neuberger said. “We don’t believe any classified communications has been compromised,” Neuberger added during a call with reporters. She added that Biden was briefed on the findings and the White House “made it a priority for the federal government to do everything it can to get to the bottom this.” US officials recommend encrypted messaging apps amid "Salt Typhoon" cyberattack, attributed to China, targeting AT&T, Verizon, and others. The Chinese embassy in Washington rejected the accusations that it was responsible for the hack Tuesday after the U.S. federal authorities issued new guidance. “The U.S. needs to stop its own cyberattacks against other countries and refrain from using cyber security to smear and slander China,” embassy spokesperson Liu Pengyu said. The embassy did not immediately respond to messages Wednesday. White House officials believe the hacking was regionally targeted and the focus was on very senior government officials. Federal authorities confirmed in October that hackers linked to China targeted the phones of then-presidential candidate Donald Trump and his running mate, Sen. JD Vance, along with people associated with Democratic candidate Vice President Kamala Harris. The number of countries impacted by the hack is currently believed to be in the “low, couple dozen,” according to a senior administration official. The official, who spoke on the condition of anonymity under rules set by the White House, said they believed the hacks started at least a year or two ago. The suggestions for telecom companies released Tuesday are largely technical in nature, urging encryption, centralization and consistent monitoring to deter cyber intrusions. If implemented, the security precautions could help disrupt the operation, dubbed Salt Typhoon, and make it harder for China or any other nation to mount a similar attack in the future, experts say. Trump's pick to head the Federal Bureau of Investigation Kash Patel was allegedly the target of cyberattack attempt by Iranian-backed hackers. Neuberger pointed to efforts made to beef up cybersecurity in the rail, aviation, energy and other sectors following the May 2021 ransomware attack on Colonial Pipeline . “So, to prevent ongoing Salt Typhoon type intrusions by China, we believe we need to apply a similar minimum cybersecurity practice,” Neuberger said. The cyberattack by a gang of criminal hackers on the critical U.S. pipeline, which delivers about 45% of the fuel used along the Eastern Seaboard, sent ripple effects across the economy, highlighting cybersecurity vulnerabilities in the nation’s aging energy infrastructure. Colonial confirmed it paid $4.4 million to the gang of hackers who broke into its computer systems as it scrambled to get the nation's fuel pipeline back online. Picture this: You're on vacation in a city abroad, exploring museums, tasting the local cuisine, and people-watching at cafés. Everything is going perfectly until you get a series of alerts on your phone. Someone is making fraudulent charges using your credit card, sending you into a panic. How could this have happened? Cyberattacks targeting travelers are nothing new. But as travel has increased in the wake of the COVID-19 pandemic, so has the volume of hackers and cybercriminals preying upon tourists. Financial fraud is the most common form of cybercrime experienced by travelers, but surveillance via public Wi-Fi networks, social media hacking, and phishing scams are also common, according to a survey by ExpressVPN . Spokeo consulted cybersecurity sources and travel guides to determine some of the best ways to protect your phone while traveling, from using a VPN to managing secure passwords. Online attacks are not the only type of crime impacting travelers—physical theft of phones is also a threat. Phones have become such invaluable travel aids, housing our navigation tools, digital wallets, itineraries, and contacts, that having your phone stolen, lost, or compromised while abroad can be devastating. Meanwhile, traveling can make people uniquely vulnerable to both cyber and physical attacks due to common pitfalls like oversharing on social media and letting your guard down when it comes to taking risks online. Luckily, there are numerous precautions travelers can take to safeguard against cyberattacks and phone theft. Hackers can—and do—target public Wi-Fi networks at cafés and hotels to gain access to your personal information or install malware onto your device, particularly on unsecured networks. Travelers are especially vulnerable to these types of cybersecurity breaches because they are often more reliant on public Wi-Fi than they would be in their home countries where they have more robust phone plans. This reliance on public, unsecured networks means travelers are more likely to use those networks to perform sensitive tasks like financial transfers, meaning hackers can easily gain access to banking information or other passwords. One easy way to safeguard yourself against these breaches is to use a virtual private network, or VPN, while traveling. VPNs are apps that encrypt your data and hide your location, preventing hackers from accessing personal information. An added bonus is that VPNs allow you to access websites that may be blocked or unavailable in the country you are visiting. To use a VPN, simply download a VPN app on your phone or computer, create an account, choose a server, and connect. Pickpockets, scammers, and flagrant, snatch-your-phone-right-out-of-your-hand thieves can be found pretty much everywhere. In London, for instance, a staggering 91,000 phones were reported stolen to police in 2022 , breaking down to an average of 248 per day, according to the BBC. Whether you're visiting a crowded tourist attraction or just want peace of mind, travel experts advise taking precautions to make sure your phone isn't physically stolen or compromised while traveling. There are several antitheft options to choose from. If you want a bag that will protect your phone from theft, experts recommend looking for features like slash-resistant fabric, reinforced shoulder straps, hidden zippers that can be locked, and secure attachment points, like a cross-body strap or a sturdy clip. For tethers, look for those made of tear-resistant material with a reinforced clip or ring. If your phone falls into the wrong hands, there's a good chance you won't be getting it back. Out of those 91,000 phones stolen in London in 2022, only 1,915 (or about 2%) were recovered. The good news is that you can take precautions to make the loss of your phone less devastating by backing up your data before you travel. With backed-up data, you can acquire a new device and still access your photos, contacts, messages, and passwords. Moreover, if you have "Find My Device" or "Find My Phone" enabled, you can remotely wipe your stolen phone's data so the thief cannot access it. It's safest to back up your data to a hard drive and not just the cloud. That way, if you have to wipe your device, you don't accidentally erase the backup, too. In order for the previous tip on this list to work, "Find My Phone" must be turned on in advance, but remotely wiping your device isn't the only thing this feature allows you to do. The "Find My Phone" feature enables you to track your device, as long as it's turned on and not in airplane mode. This is particularly helpful if you misplaced your phone or left it somewhere since it can help you retrace your steps. While this feature won't show you the live location of a phone that has been turned off, it will show the phone's last known location. With "Find My Phone," you can also remotely lock your phone or enable "Lost Mode," which locks down the phone, suspends any in-phone payment methods, and displays contact information for returning the phone to you. If your phone was stolen, experts caution against taking matters into your own hands by chasing down the thief, since this could land you in a potentially dangerous situation and is unlikely to result in getting your phone back. Strong passwords for important accounts help protect your information while you travel, but it's just a first step. The National Cybersecurity Alliance recommends creating long, unique, and complex passwords for every account and combining them with multifactor authentication to create maximum barriers to entry. If you're worried about remembering these passwords, password managers can be a vital tool for both creating and storing strong passwords. Password managers are apps that act as secure vaults for all your passwords. Some even come with a feature that allows you to temporarily delete sensitive passwords before you travel and then easily restore them once you return. Story editing by Mia Nakaji Monnier. Additional editing by Kelly Glass. Copy editing by Tim Bruns. Photo selection by Lacy Kerrick. This story originally appeared on Spokeo and was produced and distributed in partnership with Stacker Studio. Get the latest local business news delivered FREE to your inbox weekly.

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