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Gallant-backed Fime adds French cybersecurity firm Red Alert Labs

Red Alert Labs specializes in cybersecurity evaluation and compliance automation for connected products, including its CyberPass platform for regulatory certification. The post Gallant-backed Fime adds French cybersecurity firm Red Alert Labs appeared first on PE Hub .

We haven't written up this one. PE Hub has the full story — the link below goes straight to it.

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Oracle employees received 6 AM email: 'Today is your last day at work'

The tech giant has launched a new wave of lay-offs in the US. The scale of the cuts remains unknown, but it comes after Oracle’s global workforce was already reduced by 21,000 within a year.

  • Oracle employees in the US received a 6 a.m. email on Monday announcing job eliminations.
  • No transition period provided, making it their last day at work.
  • Severance packages offered: 4 weeks of base salary plus an additional week per year of tenure.

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