Shares in Rivian Automotive Inc. fell more than 15% in late trading today after the electric car maker announced job cuts, posted a larger-than-expected quarterly loss and forecasted flat production numbers in the year ahead amid high interest rates and other economic pressures. For the quarter that ended Dec. 31, Rivian reported an adjusted loss ...

Shares in Synopsys Inc. were up over 3% in late trading today after the electronic design automation company reported better-than-expected revenue in its first quarter and raised its full-year earnings outlook. For the quarter that ended Jan. 31, Synopsys reported adjusted earnings per share of $3.56, up from $2.62 in the same quarter of last ...

Shares in Five9 Inc. dropped 6% in late trading today after the call center software provider forecast a weaker-than-expected outlook for its fiscal first quarter in its latest earnings report. For its fiscal fourth quarter that ended on Dec. 31, Five9 reported adjusted earnings per share of 61 cents, up from 54 cents per share in the ...

Cyber risk management startup Resilience today announced that it has acquired incident response firm BreachQuest Inc. for an undisclosed price. Founded in 2012 as Arceo Labs Inc., BreachQuest offers an incident response platform for quick data collection and analysis. The platform provides end-to-end readiness and response capabilities that give first responders visibility into when and where a ...

DevOps security startup Cycode Ltd. today announced a number of new features, including adding generative artificial intelligence to its Risk Intelligence Graph to enhance application security posture management. The new generative AI feature is said to transform the “brain” of the Cycode ASPM platform to find answers to complex application security and development questions using everyday, natural ...

Security policy management company Tufin Software Technologies Ltd. today announced that it has acquired network monitoring solutions AKIPS Pty. Ltd. for an undisclosed price. Founded in 2014 and based in Brisbane, Australia, AKIPS offers scalable network and infrastructure monitoring software delivered as a turnkey software appliance. Claimed to be one of the world’s fastest networking software ...

Cross-blockchain messaging protocol startup Wormhole today announced a new collaboration with Advanced Micro Devices Inc. that will see the blockchain company make enterprise-grade AMD FPGA hard accelerators available as part of the Wormhole ecosystem. Wormhole’s technology is used to bridge assets between different blockchains, such as allowing users to move nonfungible tokens between different chains. The ...

A new report released today by CrowdStrike Holdings Inc. warns of a surge in adversaries leveraging stolen identify credentials to exploit gaps in cloud environments and to maximize the steal, speed and impact of cyberattacks. The 10th annual 2024 CrowdStrike Global Threat Report delves into data from 2023 and the biggest threats on the horizon in ...

IBM’s annual X-Force Threat Intelligence Index report released today highlights an emerging global crisis in identity as cybercriminals continue to compromise users worldwide. Based on insights and observations from over 150 billion security events tracked daily across IBM, Red Hat and Intezer, the report found that cybercriminals are finding more opportunities to log in versus ...

Amplitude Inc. shares fell over 16% in after-hours trading today after the behavior-tracking firm reported mixed results in its fourth quarter and fell short on quarterly and full-year outlooks. For the quarter that ended Dec. 31, Amplitude reported adjusted earnings per share of four cents, up from a loss of three cents in the same quarter ...