Duncan Riley
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Malwarebytes acquires online privacy solutions provider Cyrus
Cybersecurity software firm Malwarebytes Inc. today announced that it has acquired online privacy solutions provider Cyrus Labs Inc. for an undisclosed price. Founded in 2020, Cyrus offers a platform designed to shield individuals and businesses from increasing cybercrime and fraud threats. The platform explores the kill chain for consumer threats – considering social media, dark web content ...
Shares in semiconductor maker Marvell drop despite solid quarterly results
Shares in Marvell Technology Inc. fell in late trading today despite the semiconductor maker reporting earnings and revenue just ahead of expectations in its latest quarter. For its fiscal second quarter that ended July 29, Marvell reported adjusted earnings of $290.2 million, or 33 cents per share, down from $486 million, or 57 cents per share, in ...
Workday shares rise on earnings and revenue beats
Shares in Workday Inc. rose in late trading today after the enterprise resource planning software giant delivered earnings and revenue beats in its latest quarterly results. For its second quarter that ended July 31, Workday reported adjusted earnings per share of $1.43, up from 83 cents per share a year prior, on revenue of $1.79 billion, up ...
Investors place increased emphasis on product readiness and financials in pre-seed funding
A new report from DocSend Inc., a Dropbox Inc. company, released today detailed new data pointing to a heightened risk aversion in pre-seed investing, with venture capital investors shifting priorities to long-term profitability over rapid growth. The report, “From FOMO to JOMO: VCs shift from rapid growth to long-term risk aversion,” was based on an analysis of more ...
Microsoft reportedly looking at adding AI to built-in Windows 11 apps
Microsoft Corp. is reportedly expanding its efforts to integrate artificial intelligence into Windows 11 and is looking at adding AI features to built-in Windows apps such as Photos, Snipping Tool and Paint. Windows Central, citing unnamed sources, claims that Microsoft is exploring adding AI to a range of apps, starting with the Photos apps. Microsoft is ...
Autodesk surprises analysts and investors with better-than-expected earnings
Computer-aided design software company Autodesk Inc. surprised analysts and investors alike today by delivering better-than-expected earnings and revenue in its fiscal second quarter. For the quarter that ended July 30, Autodesk reported adjusted earnings per share of $1.91 on revenue of $1.345 billion, up 9% year-over-year. Analysts had been expecting earnings per share of $1.73 ...
Splunk shares surge on strong earnings, revenue and outlook beats
Shares in Splunk Inc. surged over 10% in late trading today after the big-data company delivered strong beats on earnings, revenue and outlook in its latest quarterly earnings report. For the quarter that ended July 31, Splunk reported adjusted earnings per share of 71 cents on revenue of $911 million, up 16% year-over-year. Analysts had ...
Styra announces new capabilities for its enterprise open policy agent
Cloud-native authorization startup Styra Inc., the founder of Open Policy Agent, today announced new capabilities for its enterprise-grade decision engine Enterprise OPA. Previously known as Styra Load, Enterprise OPA is designed to give organizations a drop-in replacement for Open Policy Agent with improved performance, native integrations for a suite of data sources and additional features such as ...
Cisco report pinpoints identity management as top challenge for security officers
User identity management and governance is emerging as a top challenge for chief information security officers. That’s according to a new report today from the investment arm of Cisco Systems Inc., in partnership with Forgepoint Capital LP, NightDragon Group LLC and Team8 LP. The “CISO Survival Guide” digs into how today’s enterprises face a constant battle ...
OpenText expands relationship with Google Cloud to deliver AI-powered integrations
Enterprise software provider OpenText Corp. today announced an expansion of its strategic relationship with Google Cloud to deliver artificial intelligence-powered integrations that will help organizations turn their information on the cloud platform into a competitive advantage. The companies say the “co-innovation roadmap” of OpenText’s information management solutions and Google Cloud’s AI capabilities will accelerate how organizations of ...