Maria Deutscher
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Twitter posts mixed first-quarter financial results amid Elon Musk acquisition
Twitter Inc. today released a mixed first-quarter earnings report, disclosing that revenue climbed 16% in the three months through March 31 to reach $1.2 billion. The earnings report comes days after Twitter accepted a $44 billion acquisition offer from Tesla Inc. Chief Executive Officer Elon Musk. The offer values the company at $52.4 per share, ...
Check Point Software tops revenue and earnings expectations
Check Point Software Technologies Ltd. today posted first-quarter financial results that topped revenue and earnings per share expectations. Nasdaq-traded Check Point is one of the largest players in the enterprise cybersecurity market. The company provides software products that organizations use to protect their cloud and on-premises infrastructure. It also offers hardware products, such as firewall appliances ...
CrowdStrike introduces new cybersecurity features for cloud environments
CrowdStrike Holdings Inc. today introduced new features for its Falcon cybersecurity platform aimed at helping enterprises more effectively defend their public cloud environments from hackers. CrowdStrike is a publicly traded cybersecurity company listed on the Nasdaq. The company’s flagship Falcon platform is used by more than 16,300 organizations to protect their information technology infrastructure. CrowdStrike’s ...
UiPath appoints Google Cloud sales leader Robert Enslin as co-CEO
UiPath Inc. today announced that it has appointed prominent enterprise technology executive Robert Enslin as co-chief executive officer. The executive is joining the provider of robotic process automation software after a three-year stint as president of cloud sales at Google LLC’s cloud business, during which the business experienced rapid revenue growth. Enslin (pictured, right) is ...
Arm debuts new Cortex-M85 chip for connected devices
Arm Ltd. today introduced a new processor, the Cortex-M85, that can carry out certain computations four times faster than previous-generation silicon. Cambridge, U.K.-based Arm makes semiconductor blueprints that companies use to design chips such as central processing units. Chips based on the firm’s blueprints power billions of devices ranging from smartphones to servers and industrial ...
IoT data specialist Kinexon reels in $130M funding round
Kinexon GmbH, a startup helping companies collect and analyze data generated by their “internet of things” devices, today announced that it has raised $130 million in funding. Private equity firm Thomas H. Lee Partners led the funding round. The venture capital arm of BMW AG and Deutsche Telekom AG participated as well. Enterprises are deploying ...
Harness raises $230M at $3.7B valuation to help developers build software faster
Startup Harness Inc., which makes tools that help developers build applications more efficiently, has secured $230 million in fresh financing at a $3.7 billion valuation. Harness announced the investment this morning, detailing that it included $175 million in equity funding and $55 million in debt financing. Norwest Venture Partners was the lead investor. More than ...
Hackers breach Instagram page of Bored Ape Yacht Club and steal NFTs
Hackers breached the Instagram page of Bored Ape Yacht Club, a popular nonfungible token collection, and used the page to steal digital assets estimated to be worth about $3 million. Yuga Labs LLC, the company that created the Bored Ape Yacht Club collection, disclosed the breach today. A nonfungible token or NFT is a unique ...
UiPath teams up with Finastra to simplify RPA for financial firms
UiPath Inc. and Finastra Ltd. today announced a partnership focused on making it easier for companies in the financial sector to adopt robotic process automation. Publicly traded UiPath is a leading provider of robotic process automation, or RPA, software. The company’s software can observe how workers perform a given task in a business application and ...
Twitter accepts Elon Musk’s $44B acquisition offer
After weeks of drama, Twitter Inc.’s board of directors today accepted Elon Musk’s offer to buy the company. Musk earlier this month made an offer to acquire Twitter for $43 billion. In response, the company’s board implemented a so-called poison pill plan for one year. The move was designed to make it more difficult for ...