Meta Platforms Inc. today announced the price of its Meta Quest 2 virtual reality headset, previously known as the Oculus Quest 2, is rising because of increasing manufacturing and shipping costs. The headset, launched in September 2020, debuted with 64 gigabytes of memory for $299, $100 cheaper than the original Oculus Quest headset. Meta, then ...

Shares in both Tenable Inc. and Commvault Systems Inc. dropped significantly today despite both reporting stronger-than-expected earnings results. For the quarter ended June 30, Tenable reported a profit before costs such as stock compensation of five cents a share, down from nine cents a share in the same quarter of last year. Revenue rose 26%, ...

Cybersecurity firm Fortinet Inc. today announced a new cloud-based product that it says correlates security findings across an organization’s cloud footprint to deliver friction-free cloud security operations. Called FortiCNP, the new service uses Fortinet’s Resource Risk Insights technology to produce context-rich actionable insights, according to the company. The insights assist teams in prioritizing remediation and mitigation of risks ...

“Artificial intelligence of things” startup Butlr Technologies Inc. today disclosed that it has raised $20 million in new funding to support customer growth and has signed an agreement with Carrier Global Corp. for the use of its technology. The Series A round was led by Tiger Global, Ray Stata and Primetime Partners. Carrier Group, E14, Unionlabs, Hyperplane and ...

NetApp Inc. today announced the general availability of Spot Security, a cloud cybersecurity service designed to deliver continuous assessment and analysis of cloud security posture. Announced back in October, Spot Security enables DevOps and SecOps teams to collaborate to identify misconfigurations, reduce their potential attack surface and ensure compliance. Using agentless technology, the service analyzes ...

CrowdStrike Holdings Inc. today introduced a new cloud threat-hunting product and expanded capabilities to secure containers. The new product, Falcon OverWatch Cloud Threat Hunting, is being pitched as the industry’s first standalone service for finding hidden and advanced threats originating, operating or persisting in cloud environments. The new service offers cloud-oriented indicators of attack for the ...

T-Mobile USA Inc. has agreed to pay $500 million to settle a class action lawsuit against the company regarding a data breach in August 2021. Subject to approval, $350 million will go to a settlement fund and “at least $150 million” will go toward enhancing its data security measures, according to ArsTechnica today. The exact number ...

Shares in NXP Semiconductors NV dropped in after-hours trading today despite the chipmaker beating estimates and raising its outlook. For the quarter ended July 3, NXP reported earnings before costs such as stock compensation of $3.55 per share on revenue of $3.31 billion, up 78% and 27.6% year-over-year. Analysts had expected earnings of $3.39 a share ...

Security researchers have discovered a phishing scam that involves hackers using PayPal Holdings Inc. accounts to send malicious invoices to potential victims. Detailed today by researchers at Avanan, the scam involves hackers sending malicious invoices from PayPal’s domain, using a free PayPal account they have signed up for. The body of the emails sent spoof brands such ...

Three people, including a former Coinbase Inc. employee, have been charged following an investigation into a cryptocurrency insider trading tipping scheme. Former Coinbase product manager Ishan Wahi is alleged to have provided insider information to his brother, Nikhil Wahi, and a friend, Sameer Ramani, about upcoming Coinbase listings. The friend and brother are alleged to ...