Maria Deutscher
Latest from Maria Deutscher
Oracle introduces new analytics features for its Autonomous Data Warehouse
Oracle Corp. early today debuted a new version of its Autonomous Data Warehouse platform that promises to simplify enterprise analytics projects, as well as reduce costs. Companies use the Autonomous Data Warehouse to analyze their business information for useful insights. According to Oracle, the platform lends itself to tasks such as tracking subsidiaries’ financial performance ...
Uber shares jump on expectation-topping earnings
The value of Uber Technologies Inc.’s stock jumped more than 11% today after the company posted first-quarter results that topped analyst expectations. Uber generated revenues of $8.82 billion during the three months ended March 31. That’s 29% higher than the company’s year-ago sales and slightly above the Refinitiv consensus analyst estimate, which projected $8.72 billion. “We ...
Commvault tops fourth-quarter earnings expectations
Updated with interview: Commvault Systems Inc. today reported better-than-expected financial results for its fiscal fourth quarter ended March 31. The company, which provides data protection and management software, attributed the results partly to strong demand for its Metallic product. Metallic is a software-as-a-service backup and recovery platform. The platform surpassed $100 million in annualized recurring ...
Check Point Software shares slump on mixed first-quarter results
Shares of Check Point Software Technologies Ltd. declined more than 6% today after the company posted mixed financial results for the first quarter. Check Point is one of the world’s largest cybersecurity companies. Its products help organizations secure their networks, cloud infrastructure and employee devices. For on-premises data centers, it offers a line of firewall appliances. ...
Regulators shutter First Republic Bank and sell it to JPMorgan
Financial regulators have shut down First Republic Bank, a midsized financial institution that counts startups and venture capital firms among its clients. The Federal Deposit Insurance Corp., or FDIC, announced the move today. The FDIC is a government agency responsible for addressing bank failures and insuring client deposits against losses. The agency stated that JPMorgan ...
Deep learning pioneer Geoffrey Hinton leaves Google, warns of AI risks
Geoffrey Hinton, one of the world’s most prominent artificial intelligence experts, has left his research role at Google LLC. The New York Times reported Hinton’s departure from the search giant today. In an interview, the Turing Prize recipient told the Times that he has concerns about AI’s potential for misuse. Hinton (pictured) also argued that ...
Vercel debuts new serverless database and networking services
Vercel Inc. today debuted three new cloud services aimed at making it easier for companies to build and maintain websites. Two of the services are designed to simplify the task of managing website data. The third new offering, Vercel Secure Compute, promises to mitigate the risk posed by malicious network traffic. San Francisco-based Vercel provides ...
AWS launches AWS Verified Access into general availability
Amazon Web Services Inc. today made its AWS Verified Access cybersecurity service generally available. The service, which made its debut at AWS re:Invent 2022 last November, was previously in preview. It’s rolling out into general availability with a number of new features that weren’t included in the original release. Companies can use Verified Access to ...
Spending on cloud infrastructure services tops $63B in the first quarter
Organizations spent more than $63 billion on cloud infrastructure services in the first quarter, according to a new report from Synergy Research Group. The report, which was released on Thursday, covers the infrastructure-as-a-service, platform-as-a-service and hosted private cloud segments. The PaaS category includes products such as managed database platforms. Hosted private cloud, in turn, is ...
Dell, VMware and AT&T debut 5G-powered edge computing offering
Dell Technologies Inc. has partnered with VMware Inc. and AT&T Inc. to develop a new edge computing offering for enterprises. The offering, which is known as the AT&T MEC with Dell APEX, debuted today. It’s a platform for so-called MEC, or multi-access edge computing. Such platforms are designed to help companies process information that’s generated outside ...