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AI & Enterprise

UBS downgrades ServiceNow to neutral, citing wavering confidence in AI-era advantage

UBS on Thursday downgraded enterprise software company ServiceNow to neutral from buy and cut its price target to $100 from $170. Analyst Karl Keirstead said UBS had kept ServiceNow as its only buy-rated application software stock on the view it was better positioned than rivals in the AI era, but that conviction has weakened and instances of non-AI software budget pressure are increasing. UBS also flagged three specific concerns raised in customer discussions.

AI & Enterprise

Genians expands bug bounty programme to all products and services

Genians said on Sunday it will expand its Bug Bounty programme to cover all of the products and services it manages, aiming to address security blind spots and respond proactively to cyber threats. The programme had been limited to its NAC solution and CSM service. Third-party hosting services and solutions are excluded, and the policy applies in global environments as well as in South Korea. The company said it received 827 vulnerability reports from March 2022 to end-2025.