The U.S. Department of War has suspended the Cybersecurity Maturity Model Certification (CMMC) Phase II requirements originally set for November 2026, following concerns from small defense contractors about high compliance costs and bureaucratic burdens. The suspension aims to preserve strong cybersecurity while reducing regulatory barriers that threaten to push small businesses out of the Defense Industrial Base, which is vital for national security. The Department will conduct a comprehensive review to balance cybersecurity needs with the goal of expanding and modernizing the defense supply chain. This move is supported by the U.S. Small Business Administration, which highlighted that compliance costs could reach up to $600,000 per firm, risking delays and lost competition for critical defense contracts.
Elon Musk has confirmed that his company is in discussions with Terafab, marking a potential new chip manufacturing partner alongside Intel, which has been the only named chip partner until now. This development could diversify the supply chain and e...
Goldman Sachs warns diesel prices may remain elevated through 2027 as refinery capacity struggles to meet recovering demand from inventory rebuilding. Despite crude oil stabilizing around $80 per barrel, refined product premiums like diesel and jet f...
Parataxis Ethereum has officially canceled its planned merger with Parataxis Korea due to complications from a delisting dispute and potential large shareholder cash claims that threatened its liquidity. Both companies' boards approved the terminatio...
Sandisk holds a $93.9 billion contract backlog supported by $16.5 billion in financial guarantees and has already received $2.5 billion, reflecting strong customer commitment. The company projects an adjusted free cash flow of $8.74 billion for fisca...
Chainlink (LINK) is trading around $13.84 after pulling back from a brief surge above $15. The token maintains an ascending support line from August near $13, signaling ongoing bullish momentum. The network launched CCIP 2.0, enhancing security and s...
