Gen Digital Inc. provides cyber safety and trust-based solutions for individuals, families, and small businesses. Its offerings include security and performance management, identity protection, online privacy, technology platforms, restoration support services, digital reputation, and secure financial wellness. Products are sold under brands such as Norton, Avast, LifeLock, MoneyLion, Avira, AVG, ReputationDefender, and CCleaner. Formerly known as NortonLifeLock Inc., the company changed its name to Gen Digital Inc. in November 2022. It was founded in 1982 and is headquartered in Tempe, Arizona.
Engine by Gen's Savvy Launches First Insurance Shopping Site Built for AI Agents
Engine by Gen announced that its insurance marketplace Savvy has launched the first-ever insurance shopping website designed specifically for AI agents, allowing consumers to research insurance options privately and efficiently without being blocked. The move comes as AI agents such as Muse and Instinct begin shopping for insurance on consumers' behalf, prompting some marketplaces to restrict or block agent access. Savvy is fully open to AI agent access and has relocated most questions onto a single page so agents do not have to go back and forth between the website and their user. Before handling sensitive personal information, Savvy generates rate estimates based on recently-sold insurance policies purchased by similarly situated customers, and only if those rates make sense does it ask for contact information, which only Savvy is permitted to use. Chris Schellens, Head of Engine by Gen, said that when AI agents shop for insurance without using Savvy, people quickly lose control over their personal information, leading to spam and risk of identity theft. The launch is the first step in a broader Engine strategy to extend AI support beyond a single platform, following Gen's Agent Trust Hub launched in early 2026 and expanded with VPN for Agents and AI Data Checker.
Gen Digital's $12 Billion GoDaddy Approach Sends Its Own Stock Down 12%
Gen Digital made a preliminary approach to buy web-services provider GoDaddy in a transaction valued at $12 billion, a deal that sent GoDaddy's stock higher while Gen's own shares fell 12% to $23.07, the day's biggest large-cap decline. The $12 billion bid is too big for Gen's own $17 billion size, and the company is still carrying heavy debt from its 2022 purchase of Avast, meaning it would have to add borrowing, issue new shares, or both to fund the deal. GoDaddy serves more than 20 million small-business and individual customers and manages roughly 81 million web domains globally, an audience Gen could sell its security and identity products to, though the two companies' business models differ significantly. Bears see the move as a sign Gen's core business is slowing, with web hosting and domain registration carrying operational requirements distinct from endpoint protection software and creating integration risk. Institutional interest had already slipped before the approach was reported, with 44 hedge funds holding stakes in Gen in the second quarter of 2026, down from 48 in the first, and the deal remains at an early stage and could still change or collapse.
Akamai Jumps on $12 Billion Anthropic AI Computing Deal
Akamai shares surged about 13% in after-hours trading after Anthropic struck a $12 billion deal with the company for AI computing, with Akamai also discussing longer-term capital expenditure plans. The move made Akamai the biggest after-hours mover, climbing roughly 14%. In the regular session, Oracle fell 3.5% after sending a force majeure notice to a project developer, a unit of Blue Owl Capital, regarding a massive data center being built in New Mexico, a step tied to meeting power commitments that could delay rent for Oracle even as it would still owe the rent for the full lease term once payments begin. GoDaddy rose about 4.6% after the Financial Times reported that Gen Digital, the maker of Norton 360 antivirus, made an offer for the company in a deal that would roll up a number of major legacy software brands, though the talks are in early stages and may not lead to a deal; Gen Digital shares fell more than 12%. MGM Resorts dropped 11% after Barry Diller's People Inc dropped plans to acquire the rest of the casino giant, with Diller saying the mix was not coming together as hoped. Everpure was the top S&P 500 gainer, closing up about 11% after the data storage company forecast 2028 revenue above the average analyst estimate, drawing price target hikes from Citi to 160 from 130 a share and from B of A to 180 from 150 a share.
Cloud & Digital Infrastructure › Enterprise Data Storage Systems ▲Demand
Artificial Intelligence › Foundation Models & Research Labs Capital
Artificial Intelligence › Closed / Frontier Labs Capital
Cloud & Digital Infrastructure › Mega-cap Hyperscalers ▼Capital
Artificial Intelligence › AI Data Center & Build-out ▼Supply
AKAM · Demand · Positive Anthropic struck a $12 billion deal with Akamai for AI computing, a concrete order for its services.
MGM · Capital · Negative Barry Diller's People Inc dropped plans to acquire the rest of MGM Resorts, ending a buyout bid.
ORCL · Regulation · Negative Oracle sent a force majeure notice on a New Mexico data center project, a legal/contractual step that could delay rent.
P · Capital · Positive Everpure was the top S&P 500 gainer after forecasting 2028 revenue above analyst estimates, drawing price target hikes from Citi and BofA.
GDDY · Capital · Positive Gen Digital made an acquisition offer for GoDaddy, an M&A event that lifted GoDaddy shares.
GEN · Capital · Negative Gen Digital's offer for GoDaddy is an M&A move that sent its own shares down more than 12%.
Gen Digital Makes Preliminary Takeover Approach to GoDaddy, FT Reports
Gen Digital has made a preliminary takeover approach to GoDaddy, according to a Financial Times report, sending GoDaddy shares up 11% Thursday before a brief volatility halt while Gen Digital shares slipped 7%. The approach marks an ambitious move by Gen Digital, the $15.7 billion conglomerate formed by the 2022 merger of NortonLifeLock and Avast, to diversify beyond its core security and privacy footprint. Absorbing the $12.2 billion GoDaddy would give Gen Digital immediate access to a customer base of more than 20 million small businesses, creators, and entrepreneurs, along with roughly 81 million web domains, about one-fifth of all registered domains globally. Discussions between the two companies remain at an early stage, and specific financial terms have not been disclosed.
LifeLock adds scam reimbursement and real-time verification amid AI fraud surge
LifeLock, the U.S. identity theft protection leader and a Gen brand, announced new scam protection and reimbursement features along with a redesigned product experience and brand identity. The updates include real-time scam verification, Scam Reimbursement, Card Exposure Control, and enhanced anomaly detection, as Gen's Fearless Planet Index recorded more than 120 million phishing attacks in its latest 30-day snapshot with scams and malicious advertising accounting for over 80% of categorized threats. LifeLock also unveiled a refreshed logo and a new lineup of three plans: LifeLock Core, LifeLock Advanced, and LifeLock Total, with the rollout beginning today.
Gen Digital Q1 income rises, raises fiscal 2027 outlook
Gen Digital reported higher first-quarter earnings and raised its fiscal 2027 guidance. Net income rose to $215 million, or $0.36 per share, from $135 million, or $0.22 per share, a year earlier. Adjusted net revenue increased 11 percent to $1.336 billion. The company now expects full-year adjusted revenue between $5.375 billion and $5.475 billion, up from prior guidance of $5.325 billion to $5.425 billion, and adjusted earnings per share between $2.87 and $2.97, up from $2.85 to $2.95. For the second quarter, Gen Digital forecast adjusted revenue of $1.325 billion to $1.350 billion and adjusted earnings per share of $0.71 to $0.73, and declared a quarterly dividend of $0.125 per share.
Gen Digital launches Fearless Planet Index to map cyber threats across 245 countries
Gen Digital has launched the Fearless Planet Index, a continuously updated cyber safety intelligence hub that turns billions of real-world security signals into country-level insights on scams, malware, and identity risks across 245 countries and territories. An early finding shows phishing dominates globally while the mix of scams such as online shopping, dating, and tech support varies sharply by region. The launch is seen as a reputational and ecosystem win that reinforces Gen Digital's positioning as a data-rich, trusted player, though it is not expected to be a near-term financial swing. The company's investment narrative remains centered on disciplined capital returns, incremental margin improvements, and monetization of AI and agent-security initiatives, with revenue and earnings growth expected in the mid-single digits.
Gen launches Fearless Planet Index to track global cyber threats in real time
Gen has launched the Fearless Planet Index, a continuously updated Cyber Safety intelligence hub that provides real-time insights into scams, cyber threats, and identity risks worldwide. Powered by telemetry from the Gen Threat Labs, the index transforms billions of security signals into an interactive view of the digital threat landscape, allowing users to explore country-specific threats and see whether each has increased, decreased, or remained stable since the previous day. Early data shows phishing as the most prevalent scam category globally, with over 120 million phishing attacks detected in the latest 30-day snapshot, and more than 80% of categorized threats were scams or malicious advertising rather than traditional malware. Online shopping scams rank among the most prevalent named scams across North America and Europe, while dating scams are prominent in several European countries including Germany, Sweden, and Norway. North America recorded the highest average digital risk at 29.6%, followed by Europe at 28.5%, Asia-Pacific at 27.4%, Middle East & Africa at 25.6%, and Latin America at 22.0%.
MoneyLion Launches Premium Banking Membership MoneyLion One
MoneyLion has launched MoneyLion One, a premium financial membership program designed to help Americans earn more from every paycheck. The membership bundles daily cash back, high-yield savings, scam and identity theft protection, and managed investing. Members who set up at least $500 in monthly direct deposits receive the full membership at no cost, while others can access all benefits for $9.99 per month. Features include 1% daily cash back on qualifying debit purchases, 3.64% APY on savings coming soon, identity protection powered by LifeLock's proprietary alert algorithms, and coverage up to $25,000 for stolen funds. MoneyLion is part of Gen, a global company whose consumer brands include Norton, Avast, and LifeLock.
Gen Digital Signals Clearer Business Acceleration Than ServiceNow
Gen Digital is signaling a more concrete business acceleration than ServiceNow, despite ServiceNow's dominant AI narrative. Gen Digital raised its revenue growth outlook to 8% to 10%, calling it a clear trajectory shift from prior mid-single-digit targets, while ServiceNow's guidance raise was clouded by questions about when its AI vision would translate into organic acceleration. Gen Digital's Trust-Based Solutions segment, including the MoneyLion acquisition, grew 20% on a pro forma basis and is expected to generate over $100 million in incremental annual revenue. Trailing metrics show Gen Digital's revenue growth of 27% outpaces ServiceNow's 22%, with a 43% operating margin versus 13.4%, and a price-to-operating-income multiple of 7.8 compared to 47.7 for ServiceNow. The tradeoff centers on whether to underwrite Gen Digital's tangible, in-progress acceleration or pay a premium for ServiceNow's not-yet-fully-realized AI future.
GEN · Demand · Positive Raised revenue growth outlook to 8-10% and Trust-Based Solutions segment growing 20% pro forma, indicating stronger end-customer demand.
NOW · Technology · Negative ServiceNow's AI vision not yet translating into organic acceleration, with guidance raise clouded by questions.