Shares in Asana Inc. plunged by over 12% in late trading today after the work management software company warned of a challenging macroeconomic environment for the second straight quarter, despite reporting beats in earnings and revenue in its fiscal third quarter and forecasting a better-than-expect outlook for its fourth quarter. For the quarter that ended Oct. 31, ...

Cisco Systems Inc. today announced a new artificial intelligence assistant designed to enhance cybersecurity measures by providing advanced data analysis, policy recommendation and automated task management. Called the Cisco AI Assistant for Security, the new service marks a major step in making AI pervasive in the Security Cloud, Cisco’s unified security platform, the company says. ...

Shares in SentinelOne Inc. jumped more than 17% in after-hours trading today after the cybersecurity company delivered beats in earnings and revenue in its fiscal third quarter and forecast a better-than-expected outlook for its fourth quarter. For the quarter that ended on Oct. 31, SentinelOne reported an adjusted loss per share of three cents, down ...

Shares in Box Inc. dropped over 10% in late trading today after the file-sharing company missed on earnings and revenue in its fiscal third quarter and issued a lower outlook than expected. For the quarter that ended Oct. 31, Box reported adjusted earnings per share of 36 cents, up from 31 cents in the same ...

Generative artificial intelligence cybersecurity startup Nexusflow.ai Inc. today announced the release of NexusRaven-V2, a 13 billion-parameter open-source generative artificial intelligence model that delivers function calling capability and is claimed to outperform GPT-4 in software tool usage. Function calling allows the large language model to understand human instructions and translate the instructions into precise function/application programming interface calls to ...

Venture firm The Syndicate Group Inc. today announced new updates to its software-as-a-service platform to enable strategic channel partners to invest in venture deals alongside many of the leading venture firms in Silicon Valley. The updates include a more streamlined user experience with easy access to critical documents and filings, allowing investors to monitor and ...

A new report released today by Crunchbase Inc. has revealed mixed results in the global venture capital marketplace in November, with funding down from October 2023 and November last year. In November, $19.2 billion was invested into startups, down 16% from the $23 million invested in November 2022, a figure which itself was down 67% ...

Two months after hackers offered stolen DNA profiles for sale on the infamous hacking site BreachForums, genetic testing company 23andMe Holding Co. has finally provided details of the hack via a regulatory filing. In an amendment filing with the U.S. Securities and Exchange Commission on Friday, 23andMe said that after becoming aware of a threat ...

Application security operations startup ArmorCode Inc. announced today that it has closed a $40 million Series B round to advance its mission of helping companies ship secure software fast and at large scale. Founded in 2020, ArmorCode aims to “supercharge security teams” so organizations can ship secure software fast. It does so by transforming AppSec into a scalable ...

CoreWeave Inc. has sold a minority stake to investors led by Fidelity Management & Research LLC as the cloud computing provider continues to expand amid the ongoing growth in artificial intelligence. Investment Management Corp. of Ontario, Jane Street Capital LLC, JPMorgan Asset Management, Nat Friedman, Daniel Gross, Goanna Capital LP and Zoom Ventures Partners LLC also participated ...