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Lumen Technologies (NYSE: LUMN) has appointed Chad Ho as the new executive vice president and chief legal officer, succeeding veteran executive Stacey Goff. Ho, with a proven track record in advising market-leading companies, will start his role in June. His experience includes leading legal roles at Hulu and Sabre, showcasing his ability to drive growth in the technology sector.
Lumen Technologies (NYSE: LUMN) has introduced Lumen Defender, an AI-powered threat defense tool developed in collaboration with Black Lotus Labs. The tool leverages ML algorithms to proactively block evolving cyber threats at the network edge, offering businesses an extra layer of protection. Black Lotus Labs analyzes 200 billion NetFlow sessions daily to detect cyberattacks before they can compromise network security, with recent success in identifying malware like 'Cuttlefish.' Lumen Defender works by identifying and blocking risky IP addresses, providing customers with a user-friendly web portal for threat management. The tool is currently in early access phase and will be available to all customers this summer.
Lumen Technologies, Inc. (NYSE: LUMN) reported first quarter 2024 results, including completing TSA transactions with creditors, strengthening the balance sheet, $57 million Net Income, $0.06 Earnings Per Share, $977 million Adjusted EBITDA, $1.102 billion Net Cash Provided by Operating Activities, and a reiterated full-year 2024 financial outlook.
