Maria Deutscher
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AWS open-sources SaaS Boost to speed up cloud application projects
Amazon Web Services Inc. has open-sourced an internally-developed toolkit called SaaS Boost in a bid to help companies build software-as-a-service applications on its cloud platform faster. AWS announced the availability of SaaS Boost on GitHub today. The project is the latest in a series of open-source tools the cloud giant has released to simplify customers’ ...
Cisco acquires Socio Labs to bolster Webex’s online event capabilities
Cisco Systems Inc. today announced plans to acquire Socio Labs Inc., a venture-backed startup that provides software for organizing virtual conferences and managing related tasks such as ticket sales. The deal is expected to close by July 25. Cisco plans to use Socio Labs’ software to enhance its Webex videoconferencing service’s features for hosting online ...
Cybersecurity analytics startup VisibleRisk secures $25M in fresh funding
Cybersecurity startup VisibleRisk Inc. today disclosed that it has raised $25 million in funding to drive the adoption of its newly launched software platform, which enables companies to evaluate if their breach prevention efforts are effective. The financing was provided by Moody’s Corp. and Team8 Labs Ltd. Moody’s is one of the financial sector’s three ...
Palantir posts 49% revenue growth and higher net loss for first quarter
Palantir Technologies Inc. today reported revenue of $341 million for its first quarter ended March 31, a 49% increase from last year and above the Refinitiv consensus analyst estimate. The company’s net loss in parallel climbed to $123 million from $54 million the year prior. That translates into adjusted earnings per share before costs such ...
Cisco acquires Sedona Systems to broaden its optical networking portfolio
Cisco Systems Inc. today announced plans to acquire Sedona Systems Ltd., a startup with software that companies use to monitor the health of their networks and simulate changes. The terms of the deal were not disclosed. Palo Alto, California-based Sedona previously raised funding from investors that included Intel Corp. and Bessemer Venture Partners. Cisco is buying ...
Intel debuts new flagship Tiger Lake-H chips for high-end laptops
Intel Corp. today revealed a family of 10-nanometer central processing units, the Tiger Lake-H series, for high-end laptops optimized to run video games and business applications. There are a total of 10 Tiger Lake-H processors organized into two sets of five. The first five are for consumer laptops, with Intel’s main target audience being video ...
Setting stage for proxy fight, Starboard nominates four directors to Box’s board
Activist investor Starboard Value LP wants to replace four of the directors on Box Inc.’s board following what it says is a several-year streak of ”substantial underperformance” by the company. The move sets the stage for a potential proxy fight. Starboard informed Box investors that it’s looking to nominate four new directors in an open letter ...
Google and CrowdStrike team up for more efficient hacker detection in the cloud
Google LLC and CrowdStrike Holdings Inc. are linking together half a dozen of their cybersecurity tools to make it easier for information technology teams to spot malware in their companies’ systems. The companies detailed the collaboration today. Publicly traded CrowdStrike’s flagship product is a platform called Falcon that enterprises use to protect systems such as ...
Report: Pentagon looking at ending $10B JEDI cloud computing contract
U.S. Defense Department officials are considering ending the JEDI cloud computing contract, the Wall Street Journal reported today. The JEDI, or Joint Enterprise Defense Infrastructure, contract is set to see the Pentagon spend as much as $10 billion over 10 years on cloud infrastructure and services. The Pentagon awarded the deal to Microsoft Corp. in ...
Report: Microsoft likely to scrap Windows 10X operating system project
Microsoft Corp. is likely to abandon its efforts to develop a simplified version of Windows for personal computers and folding handsets, according to a report published today. In 2019, Microsoft announced plans to develop a new edition of Windows called Windows 10X that would feature both interface and architectural improvements over the original. The operating ...