Duncan Riley
Latest from Duncan Riley
Zscaler shares drop over spending concerns despite solid earnings and outlook
Shares in Zscaler Inc. fell more than 6% in late trading today on concerns about increased spending despite the cloud security company delivering beats in its latest quarter and issuing a better-than-expected earnings outlook. For its fiscal first quarter that ended Oct. 31, Zscaler reported adjusted earnings per share of 67 cents, up from 29 ...
Veracode unveils new DAST Essentials and GitHub app at AWS re:Invent
Application security company Veracode Inc. today announced several new product features that integrate security into the software development lifecycle and drive the adoption of application security techniques in the environments where developers work. Announced at the annual AWS re:Invent 2023 conference in Las Vegas, the first new release, DAST Essentials, is a dynamic application security testing ...
Fortanix launches ‘Key Insight’ for enhanced data security in hybrid multicloud environments
Intel Corp.-backed multicloud security firm Fortanix Inc. today announced Key Insight, a new capability in its Data Security Manager platform that enables enterprises to discover, assess and remediate risk and compliance gaps across hybrid multicloud environments. Debuting at AWS re:Invent 2023, the new capability, claimed to be an industry-first, seeks to address the issue wherein data breaches lead to monetary ...
Caylent launches MeteorAI to expedite the cycle of generative AI solutions
Cloud services company Caylent Inc. today announced the launch of MeteorAI by Caylent, a generative artificial intelligence framework that expedites the experimentation cycle of generative AI solutions to help organizations with the launch and implementation of new technologies. Announced at the annual AWS re:Invent 2023 conference and built on Amazon Web Services Inc., MeteorAI allows users ...
CyberLink targeted in supply chain attack by infamous Lazarus hacking group
Researchers at Microsoft Threat Intelligence have revealed details of a supply chain attack by a North Korean-based threat actor using a malicious variant of an application developed by CyberLink Corp., a Taiwanese software company that develops multimedia software products. The threat actor, called Diamond Sleet by Microsoft but far better known in the cybersecurity industry as ...
CrowdStrike makes SMB cybersecurity service Falcon Go available on Amazon Business
Cybersecurity company CrowdStrike Holdings Inc. today announced that its artificial intelligence-powered cybersecurity offering Falcon Go is now officially available on Amazon Business. Falcon Go is designed to deliver the power of CrowdStrike’s protection in a simplified package for smaller information technology teams and non-technical users in small and medium-sized businesses. The service has been designed to address ...
Despite strong quarterly earnings, Autodesk shares fall on weak outlook
Shares in Autodesk Inc. fell in late trading today after the computer-aided design software company reported strong quarterly earnings but fell short in its outlook. For its fiscal third quarter, Autodesk reported adjusted earnings per share of $2.07, up from $1.70 in the same quarter of last year, on revenue of $1.414 billion, up 10% ...
HP promises AI PCs in second half of 2024 as shares slide on weak forecast
Shares in HP Inc. slid in after-hours trading today off a weaker-than-expected forecast as the computer maker promised to bring what it calls artificial intelligence PCs to the market in the second half of 2024. For its fiscal fourth quarter, HP reported adjusted earnings per share of 90 cents, up from 82 cents in the ...
Report finds malware is no longer the biggest cyberthreat to smaller businesses
A new report released today by managed cybersecurity platform startup Huntress Labs Inc. on threats to small to medium-sized businesses has surprisingly found that the biggest threat to them isn’t malware. The Huntress Small and Medium-Size Business Threat Report found a continuing shift in the nature of threats against SMBs. Threat actors were found to have largely ...
Customer growth helps Zoom surpass revenue expectations
Shares in Zoom Video Communications Inc. rose slightly in after-hours trading today after the online communications company beat expectations in its fiscal third quarter. For the quarter that ended Oct. 31, Zoom reported adjusted net income of $401.2 million, or $1.29 per share, up from $323.2 million, or $1.07 per share, in the same quarter ...