Citic news and trends

AI Cybersecurity Darktrace Valued at $825M After $75M Round
Security & Fraud // July 12, 2017

New cyber threats have shoved legacy antivirus systems into obsolescence. Polymorphic malware changes its profile as it attacks, sliding around pattern recognition-based defenses. Cyber defense firms are therefore developing new methods based on artificial intelligence. Get the Full Story Complete the form to unlock this...

PYMNTS Daily Data Dive: McDonald’s China Sale
Daily Data Dive // January 11, 2017

McDonald’s Corp. has reached a pact to sell most of its China- and Hong Kong–based operations to Citic, the Chinese state-backed entity, along with Carlyle Group for as much $2.1 billion. The ownership structure shakes out to 32 percent for Citic, and affiliate Citic Capital...

McDonald’s Sells Chinese Ops In $2B Deal
Retail // January 10, 2017

Fast-food giant McDonald’s Corp. has reached a pact to sell most of its China- and Hong Kong–based operations to Chic, the Chinese state-backed entity, along with Carlyle Group for as much $2.1 billion. Get the Full Story Complete the form to unlock this article and...

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AI Cybersecurity Darktrace Valued at $825M After $75M Round

July 12, 2017
New cyber threats have shoved legacy antivirus systems into obsolescence. Polymorphic malware changes its profile as it attacks, sliding around pattern recognition-based defenses. Cyber defense firms are therefore developing new methods based on artificial intelligence. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content […]

PYMNTS Daily Data Dive: McDonald’s China Sale

January 11, 2017
McDonald’s Corp. has reached a pact to sell most of its China- and Hong Kong–based operations to Citic, the Chinese state-backed entity, along with Carlyle Group for as much $2.1...