Internship
Cybersecurity and digital privacy software solutions
No salary listed
Tempe, AZ, USA
GenDigital provides software solutions aimed at enhancing cybersecurity and digital privacy for individual consumers. Their products include antivirus software, Virtual Private Networks (VPNs), and identity theft protection tools, all designed to help users safeguard their personal information and maintain control over their online activities. Customers access these services through a subscription model, which allows for continuous updates and improvements to the software. What sets GenDigital apart from competitors is its strong focus on empowering users to navigate the digital world securely and privately, while also committing to ongoing research and development to address emerging threats. The company's goal is to create a safer digital environment, enabling individuals to enjoy technology without compromising their security.
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Tempe, Arizona
Founded
2022
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Flexible Work Hours
Hybrid Work Options
Unlimited Paid Time Off
MoneyLion said Thursday (April 10) that its shareholders voted to approve the company’s previously announced proposed acquisition by Gen Digital.The provider of financial wellness tools also said in a Thursday press release that all regulatory approvals have been obtained and that the two companies expect to complete the acquisition April 17, subject to customary closing conditions.“Upon completion of the transaction, MoneyLion will become a subsidiary of Gen Digital, and its common stock will no longer be listed on any public market,” the company said in the release.The shareholders voted at a special meeting to approve the proposed acquisition by about 7.6 million to 1.2 million, according to a Thursday filing with the Securities and Exchange Commission (SEC).Gen Digital and MoneyLion announced Dec. 10 that they had entered into a definitive agreement for the proposed acquisition, saying that the deal would add MoneyLion’s financial empowerment resources to Gen Digital’s credit and identity protection solutions.“Gen has a family of consumer brands that’s dedicated to protecting people’s privacy, identity and financial assets so they can live their digital lives securely and without worry,” Gen Digital CEO Vincent Pilette said at the time in a press release. “By bringing MoneyLion into the Gen family, we’re not only helping people protect what they already have, we’re extending our capabilities to enable people to better manage and grow their financial wealth.”Gen’s “cyber safety” brands include Norton, Avast, LifeLock, Avira, AVG, ReputationDefender and CCleaner.MoneyLion Co-founder and CEO Dee Choubey said in the Dec. 10 press release that the company will be able to leverage Gen Digital’s “global reach, trusted brands and powerful ecosystem.”“We’ll deliver MoneyLion’s leading personal financial management tools and embedded financial marketplaces to Gen’s users while bringing Gen’s strong identity, trust and cybersecurity solutions to our customers.”In a Jan. 30 earnings release, Gen reported that in the most recent quarter, its revenue was up 4%, its operating income was up 13% and its operating margin was up 3 points.“Millions of customers trust us to deliver practical solutions built with the best technology to address today’s challenges and anticipate tomorrow’s,” Pilette said in the release. “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.”
Within the FinTech space, a surge in dealmaking over the past few months is taking shape as macro factors set the stage for mergers, acquisitions and go-private deals. The cost of capital is high, and the uncertainty of consumer demand and the Federal Reserve’s path on interest rates linger. Going private helps firms escape the volatility of public markets as issuing stock or debt is no sure way to shore up balance sheets and shares routinely swing by double-digit percentages day by day
Norton has added AI-powered features to cyber safety products to improve online protection and Adobe's Photoshop is 35 years old.
Available starting today in the US across the Norton Cyber Safety product lineup, Genie Scam Protection and Genie Scam Protection Pro provide advanced AI protection in all the usual hotbeds for scams: texts, phone calls, emails, and web. Like a detective searching for clues, the Norton Genie AI analyzes the meaning of words, not just links, to spot hidden scam patterns even the most careful person can miss. Norton's most comprehensive plan, Norton 360 with LifeLock Ultimate Plus, also offers Scam support and Reimbursement coverage for even greater peace of mind**.In 2023, Norton, the leader in AI-powered scam detection, unveiled the first app using AI to provide real-time analysis of suspicious messages and images, Norton Genie. As millions engage with Norton Genie for instant help and advice about potential scams, the AI powering Genie constantly learns and becomes even more effective at helping people. Now with our enhanced Genie Scam Protection built directly into Norton plans, Norton is delivering comprehensive "set it and forget it" scam protection that works proactively to help people be safer, wherever our connected world may take them."Today's scams are not the scams you could spot a mile away with the naked eye," said Leena Elias, Chief Product Officer at Gen. "Scammers are tapping into AI to speed up their schemes and make them more believable
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").The offering of the Notes is expected to close on February 13, 2025, subject to customary closing conditions. We intend to use the net proceeds of this Notes Offering, together with cash on hand, to repurchase all of our outstanding 5.00% Senior Notes due 2025 (the "2025 Notes") and pay accrued and unpaid interest thereon.The Notes are being offered only to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act, and outside the United States, only to non-U.S. investors pursuant to Regulation S