Welcome to our dedicated page for Verizon Communications news (Ticker: $VZ), a resource for investors and traders seeking the latest updates and insights on Verizon Communications stock.
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Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Verizon Communications's position in the market.
Verizon Business is offering pre-orders for the new Google Pixel 8a smartphone designed for modern businesses. The phone features advanced AI technology, collaboration tools, robust security, and eSIM activation. Customers can pre-order starting May 7, with availability on May 14. The Pixel 8a includes Google Tensor G3 chip, Titan M2 security chip, 7 years of OS and security updates, and AI integration for enhanced productivity.
Verizon offers the Google Pixel 8a on us with a new line on myPlan, starting at $15.27 a month. New and existing customers can get exclusive perks like the Disney Bundle and save up to $300 annually by bundling mobile and home plans. Customers can enjoy the full Verizon experience with network options, entertainment savings, and a 30-day Free Trial on 5G Ultra Wideband for new customers.
Verizon commits to the local Latino community in Chicago with $70,000 in donations to support small businesses and digital inclusion. The company will mark the donations with a Connected by Culture store event featuring free professional headshots and a fireside chat. The donations support the work of the Little Village Chamber and the Illinois Hispanic Chamber of Commerce. Verizon's commitment aligns with its responsible-business plan, emphasizing workforce development through programs like Verizon Skill Forward.
Verizon Frontline and NOAA have partnered to enhance disaster response research by utilizing uncrewed aircraft systems to gather imagery of storm damage. This collaboration aims to improve severe weather warnings and post-storm damage assessments. Verizon will provide UAS assets and network capabilities to support NOAA's research efforts.
Cummins and Verizon Business have announced a groundbreaking deal for a Neutral Host Network and Private 5G network at Cummins' Jamestown Engine Plant. This partnership aims to enhance operations and connectivity for employees and visitors at the plant, providing both public and private network solutions. Verizon acts as the technical lead for network implementation, with Ericsson as the platform provider. The network will cover 1 million square feet of industrial and outdoor space, serving 1,500 employees producing 500 heavy-duty truck engines daily. The network will support various industrial use cases, such as autonomous mobile robots, computer vision, AR/VR, and machine health monitoring.
Verizon Business will be showcasing cybersecurity strategies and solutions at RSA 2024, emphasizing the importance of data protection. The 2024 Data Breach Investigations Report reveals a significant increase in vulnerability exploitation and stolen credentials. The report aims to educate businesses on current cyber threats and the need for robust cybersecurity measures.
Verizon is ready for the 2024 hurricane season with robust planning and network upgrades. The company ensures connectivity for communities and first responders during extreme weather events. With a focus on network resilience and preparedness, Verizon's Response Team, Frontline Crisis Response Team, and Verizon Business offer solutions to maintain operations during emergencies. The company also supports its employees through initiatives like the VtoV Employee Relief Fund.
The 2024 Data Breach Investigations Report by Verizon Business reveals a surge in vulnerability exploitation, with incidents doubling from 2022 to 2023. Ransomware and extortion techniques accounted for a third of breaches, while breaches involving human error remained high. The report highlights the increasing threat of zero-day vulnerabilities and the slow patching of critical vulnerabilities. It also emphasizes the importance of employee education in cybersecurity and the rise of third-party breaches. Overall, the findings stress the need for proactive cybersecurity measures and a shift in cybersecurity culture.
Verizon Business released its 17th annual Data Breach Investigations Report (DBIR) analyzing 8,302 security incidents in EMEA, with 6,005 confirmed breaches. 49% of breaches in EMEA are internal. Most breaches globally involve non-malicious human actions. Zero-day vulnerabilities are a persistent threat. Organizations take an average of 55 days to patch 50% of critical vulnerabilities. AI adoption is less concerning than failure to patch basic vulnerabilities. 32% of breaches involve extortion techniques, and stolen credentials appear in 31% of breaches over the past decade.
Verizon donates $20,000 to the American Red Cross for disaster relief efforts in Oklahoma. The donation aims to support communities affected by severe storms and tornadoes in Southern and Central Oklahoma. Verizon's commitment to aiding in relief efforts showcases its dedication to keeping communities connected during emergencies.
