Data protection provider Commvault Systems Inc. today announced a new strategic alliance with Deloitte & Touche LLP to help enhance cyber resilience and incident response. The collaboration will see the integration of Commvault’s advanced data protection and recovery technologies with Deloitte’s cyber defense and response expertise to deliver protection across all stages of a cyber incident. The alliance ...

Israeli artificial intelligence startup AI21 Labs Ltd. has reportedly raised $300 million in a Series D funding from Google LLC and Nvidia Corp. as it expands its large language model offerings and enterprise AI solutions. The funding was first reported by Business Insider and then later confirmed this weekend by Calcalist. Neither knows what valuation ...

Shares in Lyft Inc. jumped more than 7% in late trading today after the ride-hailing firm beat earnings expectations, posted record ride volumes and announced a major stock buyback plan that boosted investor confidence. For the first quarter ended March 31, Lyft reported adjusted earnings per share of 24 cents, up from seven cents per ...

Shares in Coinbase Global Inc. declined nearly 3% in late trading today after the cryptocurrency exchange provider missed on revenue in its fiscal first quarter, reported a decline in transaction revenue, and said subscription and service revenue would fall. Before its earnings report, Coinbase had announced it plans to acquire cryptocurrency derivatives exchange Deribit FZE for ...

Earnings released today from Cloudflare Inc., NetScout Systems Inc. and AvePoint Inc. saw all three companies deliver reasonably strong results, sending shares higher in after-hours trading. Strong customer growth, improved operating performance and solid guidance helped each firm reassure investors despite ongoing macroeconomic uncertainty. Cloudflare Cloudflare reported first-quarter adjusted earnings per share of 16 cents, ...

Cloud cybersecurity startup Coro Cyber Security Ltd. today unveiled its Security Awareness Training module to help small to medium-sized businesses reduce human error, defend against phishing attacks, and demonstrate compliance without adding new tools to manage. The new SAT module is integrated into Coro’s modular cybersecurity platform, allowing smaller businesses to deliver personalized, adaptive training to users ...

Cybersecurity firm CrowdStrike Holdings Inc. today announced the layoff of about 500 employees, accounting for 5% of its global workforce. The company said it’s part of a strategic initiative to enhance operational efficiency and focus on achieving $10 billion in annual recurring revenue by January 2026. In a Form 8-K filing with the U.S. Securities and ...

Shares in Amplitude rose slightly in after-hours trading today after the digital analytics software company reported earnings and revenue slightly ahead of expectations in its fiscal 2025 first quarter. For the quarter ended March 31, Amplitude broke even, down from a penny per share in the same quarter of 2024, on revenue of $80 million, ...

Shares of Fortinet Inc. dropped more than 12% in late trading today after the cybersecurity company fell short of expectations with its guidance and reported a miss on revenue in its fiscal 2025 first quarter. For the quarter ended March 31, Fortinet reported adjusted earnings per share of 58 cents, up from 39 cents per ...

ServiceNow Inc. today unveiled new artificial intelligence-powered agents for its Security and Risk suite as part of a broader effort to accelerate autonomous enterprise defense. The new capabilities, available to ServiceNow customers immediately, aim to help organizations move beyond reactive security by automating threat response, orchestrating remediation and reducing response times across the enterprise. The ...