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Amit Yoran, CEO and chairman of Tenable

H/O Tenable

Amit Yoran, who ushered cybersecurity company Tenable into the public market as chief executive, died on Friday. He was 54.

Yoran’s passing was confirmed by Tenable in a Saturday press release. While the company said his death was unexpected, Yoran went on medical leave early last month as he battled cancer.

Funeral details have not yet been announced, the company said on Saturday.

Yoran took the helm of Tenable in 2016, his latest leadership role in the cybersecurity field. He previously served as president of RSA Security from 2014 to 2016. Yoran founded and led NetWitness as CEO between 2006 and 2011 before it was acquired by RSA, according to his LinkedIn page.

His decadeslong career in cybersecurity also included government and nonprofit work. Yoran was National Cybersecurity Director for the U.S. Department of Homeland Security from 2003 to 2004. He sat on the board of the Center for Internet Security since 2019.

Two years into Yoran’s tenure, Tenable went public on the Nasdaq. At the time, the IPO was seen as a success story for cybersecurity companies on Wall Street.

Yoran called the company’s focus on the vulnerabilities of businesses’ technology as unique in the market, while also noting its successful shift to a subscription model. By 2018, Yoran said, more than half of Fortune 500 companies were Tenable customers.

“We’ve become one of the most trusted and beloved brands in cybersecurity,” he told CNBC at the time of Tenable’s IPO. “Only the best and highest-performing private companies have the opportunity to go public. And that gives us a spot on a much larger stage to be able to tell our story.”

Tenable CFO Steve Vintz and Chief Operating Officer Mark Thurmond have acted as co-CEOs since Yoran went on medical leave in December. They will continue sharing the role while its board of directors looks for a permanent successor, the company said.

Yoran had expected his leave to last only a few months and said his condition was a “treatable situation,” according to a note to employees published on his LinkedIn page. He had “complete trust” in Vintz and Thurmond to lead the company in his absence.

“We have much to do and there is no time to waste,” Yoran wrote. “As I take a brief pause to prioritize my health, I will stay as connected as I can while giving myself the space to heal fully. I am deeply grateful for each of you, not only for the dedication you bring to your work but for the sense of community we’ve built together.”

Yoran was also the chair of Tenable’s board, a position that now will be held by Art Coviello, the company’s lead independent director. In a statement, Coviello called Yoran an “extraordinary” leader, colleague and friend.

“His passion for cybersecurity, his strategic vision, and his ability to inspire those around him have shaped Tenable’s culture and mission,” Coviello said. “His legacy will continue to guide us as we move forward.”

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AMD announces $6 billion buyback; shares climb 6%

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May 14, 2025

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AMD announces billion buyback; shares climb 6%

Lisa Su, president and CEO of AMD, talks about the AMD EPYC processor during a keynote address at the 2019 CES in Las Vegas, Nevada, U.S., January 9, 2019.

Steve Marcus | Reuters

AMD said on Wednesday that its board of directors approved $6 billion in share buybacks. The stock climbed 6%.

The authorization is in addition to $4 billion in existing approved share repurchases, the company said.

“Our expanded share repurchase program reflects the Board’s confidence in AMD’s strategic direction, growth prospects, and ability to consistently generate strong free cash flow,” AMD CEO Lisa Su said in a statement.

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AMD, the most important artificial intelligence chip company aside from Nvidia, reported 96 cents in earnings per share on $7.44 billion in revenue in its fiscal first quarter.

AMD announced a deal potentially worth $10 billion in investment on Tuesday to support an AI company called Humain in Saudi Arabia with chips. Su was in Saudi Arabia this week to announce the deal.

AMD said that it would provide graphics processors for AI as well as central processors needed to build AI servers to Humain, which is also buying Nvidia processors. Bank of America analyst Vivek Arya added $10 to his price target for AMD, bringing it to $130 per share, on the news.

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Chinese tech giant Tencent posts 13% revenue jump as growth at key gaming unit surges

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7 hours ago

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May 14, 2025

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Chinese tech giant Tencent posts 13% revenue jump as growth at key gaming unit surges

Chinese tech company Tencent is a gaming giant and the parent company of WeChat, the ubiquitous social messaging app in China.

Cheng Xin | Getty Images News | Getty Images

Tencent on Wednesday reported an annual rise in its top and bottom line in the first quarter fuelled by accelerated growth in its key gaming business.

While revenue beat expectations, its net profit fell short.

Here’s how Tencent did in the first quarter of 2025 versus LSEG estimates:

  • Revenue: 180.02 billion Chinese yuan ($25 billion), versus 174.63 billion yuan expected
  • Net profit: 47.8 billion yuan, versus 52.2 billion yuan expected

Revenue rose 13% year-on-year, while net profit was up 14%.

This breaking news story is being updated.

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Sony shares rise about 2% in volatile trading following share buyback announcement

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11 hours ago

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May 14, 2025

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Sony shares rise about 2% in volatile trading following share buyback announcement

A file photo of Hiroki Totoki, Sony Group Corporation executive, delivering a keynote address at CES 2025 in Las Vegas, on January 6, 2025. 

Artur Widak | Nurphoto | Getty Images

Sony Group shares rose about 2% Wednesday in volatile trading after the Japanese conglomerate announced a 250 billion yen ($1.7 billion) share buyback and operating income beat estimates.   

Operating income for the last three months of the financial year came in at 203.6 billion yen, beating mean analyst estimates of 192.2 billion yen, though it was down 11% from the same period last year. 

In the earnings report, the Japanese-based electronics, entertainment and finance company announced a stock buyback of shares worth 250 billion yen. 

Sony also provided details on a partial spinoff of its financial unit. The company plans to distribute slightly more than 80% of the shares of common stock of the spinoff to shareholders of Sony Group through dividends. 

The financial unit will list its financial operation this year and will be classified as a discontinued operation in Sony’s accounting from the current quarter, the company added. 

However, Sony’s outlook for the current financial year ending in March was lackluster.

The company forecasted its operating profit to rise a slight 0.3% to 1.28 trillion yen, after flagging a 100 billion yen hit from U.S. President Donald Trump’s trade war.

Yet, Sony clarified that the estimated tariff impact did not reflect the trade deal made between the U.S. and China on May 12 and that the actual impact could vary significantly. 

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