A logo decorates a wall at a branch of Israeli technology company NSO Group near the southern Israeli city of Sapir on August 24, 2021. Shalev Hulio, the chief executive officer of ailing Israeli spyware maker NSO, has resigned as part of a. restructuring, the company announced on Sunday, August 21, 2022. NSO, the maker of the powerful Pegasus phone monitoring software, has been linked to a series of scams resulting from alleged misuse of its products by customers. (AP Photo/Sebastian Skinner, FILE)
JERUSALEM (AP) – The chief executive of ailing Israeli spyware maker NSO has resigned as part of a restructuring, the company announced on Sunday.
NSO has been linked to a series of scams stemming from alleged customer abuse of its flagship phone monitoring software, Pegasus. Last year the company was blacklisted by the US for using its equipment to “carry out international repression”.
NSO said in a statement that CEO Shalev Hulio, one of the company’s founders, will step down. Yaron Shohat, the company’s Chief Operating Officer, will lead the company on an interim basis and oversee the restructuring process.
The statement added that the reorganization will “review all aspects of its business, including streamlining its operations to ensure NSO is the world’s leading high-tech cyber intelligence agency with a focus on NATO member countries.” One of the companies.”
A company representative said on condition of anonymity that he was not authorized to discuss the restructuring effort, adding that 100 employees, or about 13% of NSO’s workforce, would be laid off.
When inflation rises, it’s hard not to notice higher prices. But you don’t have to be too old to understand the expression that a dollar can’t buy as much as it used to. The Happy Meal was introduced in 1979 for $1.10. Today, the same meal costs $2.99. Still, this restaurant is one of the chain’s most popular properties. It is also a barometer of economy due to parental convenience.
And think of the iPhone, which in 2022 costs 81% more than the original model that launched in 2007. But despite the price increase, consumers are willing to pay whatever is required.
The key to these and similar examples is pricing power. A company that is able to increase its prices can maintain its profit margin. This means it delivers consistent results no matter what’s happening in the broader economy. In good times, it can be taken lightly. But when the economy slows, that stability comes to the fore.
In this special presentation, we look at seven companies with significant pricing power at any given time, especially as inflation is currently at a 40-year high.
Check out 7 Stocks With Pricing Power to Overcome High Inflation.