Maria Deutscher
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Report: DarkSide ransomware group says it will end operations
The DarkSide ransomware group tied to the high-profile breach at Colonial Pipeline Co. has said it’s winding down operations, according to a Wall Street Journal report today. The Journal attributed the information to cybersecurity firms FireEye Inc. and Intel 471. According to the firms’ research, DarkSide informed affiliates earlier this week that it plans to ...
In latest acquisition, Cisco buys vulnerability analytics startup Kenna Security
Announcing its third startup acquisition in a week, Cisco Systems Inc. today revealed plans to buy Kenna Security Inc., whose software helps enterprises fix security vulnerabilities in their systems. Kenna previously raised $98.3 million from investors including Citi Ventures. The startup counts the Bank of Hawaii Corp. and Deloitte Ltd among its customers. By buying ...
Amazon to hire 75,000 more workers to expand supply chain operations
After hiring 500,000 new workers last year to address the surge in online shopping, Amazon.com Inc. today announced plans to add an additional 75,000 staff across its fulfillment center and logistics network. The new positions are being created in the U.S. and Canada. The company said that the openings will offer an average starting pay ...
BluBracket closes $12M round to help developers write more secure code
Cybersecurity startup BluBracket Inc. today announced that it has raised $12 million in funding to build out the feature set and installed base of its software platform, which enables companies to make their applications less susceptible to cyberattacks. Hackers employ a variety of different tactics to carry out breaches. Many of those tactics involve exploiting ...
Google Cloud and SpaceX will provide satellite connectivity for enterprises
Google LLC’s cloud business and SpaceX Corp. today revealed that they’re partnering to provide internet connectivity to enterprises via the latter company’s Starlink broadband satellites. Through the Starlink orbital broadband network, SpaceX is looking to deliver high-speed web access in parts of the world that aren’t covered by terrestrial networks. The company has launched more ...
EU court sides with Amazon in $300M tax case
Amazon.com Inc. has won a key appeal against a 2017 decision by the European Commission, the European Union’s executive branch, that ordered it to pay about €250 million in back taxes to Luxembourg. The company’s legal victory came in the form of a ruling issued today by the bloc’s second-highest court. The General Court of ...
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 ...