U.S. President Donald Trump has reportedly tapped Vice President JD Vance to oversee negotiations on a deal that could save the operations of TikTok in the U.S., as more tech companies have reportedly taken an interest in acquiring the U.S. operations of the company. TikTok, owned by ByteDance Ltd., has been in a somewhat legal ...

Cloud and cybersecurity companies Fortinet Inc., Cloudflare Inc. and Qualys Inc. all reported earnings and revenue beats for their latest quarters as demand for cybersecurity services continues apace. Fortinet For its fiscal fourth quarter that ended on Dec. 31, Fortinet reported adjusted earnings per share of 74 cents, up from 51 cents in the same ...

Artificial intelligence-based human resources company Phenom People Inc. announced today that it has acquired resource management and talent mobility platform Edge Networks Pvt. Ltd. for an undisclosed sum. Founded in 2012, Edge specializes in talent management and employee modulation within the information technology services and banking sectors. The company offers a suite of products designed ...

SoftBank Group Corp. is reportedly getting close to acquiring chipmaker Ampere Computing LLC in a deal that would value the company at about $6.5 billion. Bloomberg, referencing people familiar with the matter, reported today that talks between the companies are at an advanced stage and that a deal may be announced in the coming weeks. The ...

Enterprise resource planning software company Workday Inc. announced today that it will cut around 8.5%, or 1,760 jobs, from its workforce as part of a push for growth and increasing investments in artificial intelligence. The news of the layoffs was revealed in a memo to employees that was published as part of a filing with ...

Shares in Tenable Holdings Inc. fell slightly in after-hours trading after the cybersecurity exposure management company reported beats on earnings and revenue in its fourth quarter but fell short of expectations with its forecast outlook. For the quarter that ended on Dec. 31, Tenable reported adjusted earnings per share of 41 cents, up from 25 ...

Agentic artificial intelligence security startup 7AI Inc. today announced the launch of a platform that aims to redefine security operations by offloading essential “nonhuman work” to autonomous AI agents. 7AI’s platform differs from AI security operations center analysts, chatbots and copilots through a system of specialized AI agents that can handle repetitive security tasks quickly, ...

Identity security company SailPoint Technologies Inc. is set to go public for the second time, as the company today announced the launch of a roadshow for its proposed initial public offering of 50 million shares of common stock. Under the proposed IPO, SailPint will be offering shares for sale at between $19 and $21 each, valuing the company at ...

General Motors Co. is cutting about 50% of the workforce of its former Cruise self-driving car unit just shy of two months after it announced it was shutting the robotaxi arm of Cruise and absorbing the company’s technology into its general development of advanced drive assistance systems. GM said in a statement that the decision to ...

Shares in Snap Inc. rose nearly 6% up in after-hours trading today, on top of an almost 4% rise in regular trading, after the company impressed investors with earnings and revenue beats in its fourth quarter and a higher-than-expected outlook. For the quarter that ended on Dec. 31, Snap reported adjusted earnings per share of ...