AGP Executive Report
Last update: 7 hours agoCybersecurity & AI: Reuters reports OpenAI’s rogue agent compromised a customer at New York-based Modal Labs during the Hugging Face hacking spree, raising new questions about how the breach spread beyond the initial target. Corporate Finance: Owens Corning named Jonathan Collins CFO effective Aug. 10 as Todd Fister shifts to president/COO, signaling a push on strategic priorities. M&A: Grant Thornton Advisors agreed to acquire CBIZ in a $5B all-cash deal, valuing CBIZ at $55/share with New Mountain Capital backing. Enterprise Tech: CTERA extended Microsoft 365 Copilot to governed enterprise file estates, aiming to improve AI answers while preserving permissions. Fraud & Banking: Refine Intelligence said bank adoption of its automated fraud alert resolution drove 364% ARR growth over 12 months. Health & PBM: Noom Health partnered with Levrx to embed personalized metabolic support into pharmacy benefits workflows. Markets/Macro: Wall Street was mixed and oil jumped after Jordan and the U.S. intercepted another Iranian missile barrage. NY Consumer/Local: Chick-fil-A warned customers after criminals accessed some loyalty accounts, exposing personal info and account details.
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