Shares in Snap Inc. soared by more than 20% in late trading today after the company reported revenue and earnings beats in its first quarter and projected a higher-than-expected outlook for its second quarter. For its first quarter ended March 31, Snap reported adjusted earnings per share of three cents, up from one cent in ...

Software supply chain company JFrog Ltd. today announced a new machine learning lifecycle integration between JFrog Artifactory and MLflow, an open-source software platform originally developed by Databricks Inc. The new integration is designed to give JFrog users a way to build, manage and deliver machine learning models and generative artificial intelligence-powered apps along with other software development ...

Holographic display startup Swave Photonics today announced the development of what is claimed to be the world’s first 3D holographic display technology for compact extended reality form factors such as smart glasses. Swave’s new Holographic eXtended Reality is a new type of advanced display technology that produces a pixel pitch of less than 300 nanometers ...

Updated: Data security software provider Rubrik Inc. today set an initial public offering price of $32 per share ahead of its listing on the New York Stock Exchange Thursday morning, raising $752 million. The Rubrik IPO will see the company offering 23 million shares on a valuation of $5.6 billion, according to Bloomberg, although including stock options ...

As expected, IBM Corp. today announced that it has entered into a definitive agreement to acquire infrastructure management provider HashiCorp Inc. for $35 per share in cash, for a total of $6.4 billion. Reports that IBM was in talks to acquire Hashicorp emerged yesterday, with a claim that a deal could be signed in a ...

Cisco Systems Inc. today warned that a suspected national-state actor has been actively targeting two previously unknown security vulnerabilities in Cisco products since November to breach government networks. The campaign, dubbed “ArcaneDoor” and tracked as UAT4356, was first detected by Cisco when it was contacted by a customer earlier this year. The customer reported suspicious ...

A new report released today by cybersecurity insurance startup Coalition Inc. details a rise in cyber insurance claims in 2023, primarily driven by ransomware claims. In 2023, Coalition saw a 13% year-over-year increase in claims, but that was below an historic high in 2021. Overall claims severity increased 10% year-over-year to an average loss amount of ...

Israeli attack surface management startup Ionix Inc. today launched Attack Surface Cloud Cross-View, a new service that allows organizations to view their complete attack surface risk. Attack Surface Cloud Cross-View, offered as part of Ionix’s attack surface management platform, connects Ionix ASM to an internal cloud asset view that maps all application-level dependencies. Doing so ensures that ...

Irish no-code automation startup Tines Security Service Ltd. today announced it has raised $50 million in new funding to enhance its workflow automation platform with expanded features and artificial intelligence enhancements. Founded in 2018, Tines offers a platform for building workflows and automating processes that are designed to empower technical teams. The platform allows users to create ...

French predictive security startup BforeAI today announced it has raised $15 million in new funding to supercharge its U.S. expansion and enhance its services. Founded in 2020 as Predimya SAS and a graduate of the Google for Startups Growth Academy, BforeAI offers a platform that autonomously maps and predicts malicious infrastructure. It does so by analyzing ...