Woolworths Faces Fresh Class Action Over Alleged Underpayments, Shares Slide 
California Jury Awards $40 Million in Johnson & Johnson Talc Cancer Lawsuit 
Korea Zinc Plans $6.78 Billion U.S. Smelter Investment With Government Partnership 
Treasury Wine Estates Shares Plunge on Earnings Warning Amid U.S. and China Weakness 
HSBC’s $13.6 Billion Take-Private Offer for Hang Seng Bank Gains Board Backing 
Nomura Expands Alternative Assets Strategy With Focus on Private Debt Acquisitions 
Biren Technology Targets Hong Kong IPO to Raise $300 Million Amid China’s AI Chip Push 
Trump Sues BBC for Defamation Over Edited Capitol Riot Speech Clip 
Coca-Cola’s Proposed Sale of Costa Coffee Faces Uncertainty Amid Price Dispute 
EU Signals Major Shift on 2035 Combustion Engine Ban Amid Auto Industry Pressure 
Robinhood Expands Sports Event Contracts With Player Performance Wagers 
Korea Zinc to Build $7.4 Billion Critical Minerals Refinery in Tennessee With U.S. Government Backing 
SpaceX Begins IPO Preparations as Wall Street Banks Line Up for Advisory Roles 
Apple Explores India for iPhone Chip Assembly as Manufacturing Push Accelerates 
Coca-Cola’s Costa Coffee Sale Faces Uncertainty as Talks With TDR Capital Hit Snag 
Ford Takes $19.5 Billion Charge as EV Strategy Shifts Toward Hybrids 
Strategy Retains Nasdaq 100 Spot Amid Growing Scrutiny of Bitcoin Treasury Model 
Blackstone is reportedly leading a $400 million investment in Cyera, an Israeli data security startup, in a deal that values the company at approximately $9 billion. According to a report by the Wall Street Journal, the funding round includes participation from existing investors, signaling continued confidence in Cyera’s rapid growth and technology. While the report cited people familiar with the matter, neither Blackstone nor Cyera immediately responded to requests for comment, and Reuters has not independently verified the details.
Founded in 2021, Cyera has quickly emerged as a major player in the data security market with its artificial intelligence-powered platform. The company focuses on helping organizations discover, classify, and protect sensitive data across complex cloud environments. Its technology has gained traction as enterprises increasingly adopt AI and cloud-based systems, which has heightened concerns around data breaches, cyberattacks, and regulatory compliance.
Cyera is already backed by prominent venture capital firms, including Sequoia Capital and Accel. Earlier this year, in June, the startup raised $540 million in a funding round that doubled its valuation to $6 billion. If confirmed, the new investment would mark another significant jump in valuation within a short time frame, underscoring strong investor appetite for AI-driven cybersecurity solutions.
The growing demand for data security tools is closely tied to the rapid expansion of artificial intelligence across industries. As companies deploy AI systems at scale, they are investing more heavily in safeguarding sensitive information from hacks and misuse. This trend has benefited firms like Cyera that offer advanced, AI-based data protection capabilities.
In June, Cyera reported that its customer base among Fortune 500 companies grew by 353% over the past 18 months. During the same period, the company expanded operations to 10 countries and more than doubled its workforce to nearly 800 employees worldwide. Cyera also disclosed that it has raised a total of $1.3 billion to date, with its valuation increasing twelvefold in a relatively short span, highlighting its position as one of the fastest-growing startups in the global data security and AI landscape.
