Shares in Autodesk Inc. rose slightly in late trading after the computer-aided design software company reported earnings and revenue in line with predictions. For its fiscal first quarter that ended April 30, Autodesk reported earnings before certain costs of $1.55 per share, up from $1.43 per share in the same quarter of last year. Revenue rose 8% from ...

Researchers at Microsoft Corp. today detailed a sophisticated cyberattack aimed at critical U.S. infrastructure, orchestrated by an alleged China-based state-sponsored actor. The hacking group, known as Volt Typhoon, has been active since mid-2021 and is suspected of preparing to disrupt U.S.-Asia communication networks in potential future crises. The sectors affected by the campaign include communications, manufacturing, utilities, ...

Shares in Nutanix Inc. surged in late trading after the cloud-computing company reported earnings and revenue beats in its fiscal third quarter and gave an upbeat outlook. Nutanix reported adjusted earnings per share of four cents on revenue of $448.6 million, the latter up 11% year-over-year. Analysts had expected earnings of three cents per share ...

Shares in Splunk Inc. rose in after-hours trading today after the big data company surprised investors with stronger-than-expected earnings and revenue in its fiscal first quarter. For its fiscal first quarter that ended April 30, Splunk reported adjusted earnings of 18 cents per share, up from a loss of 32 cents per share in the ...

Cybersecurity companies CISO Global Inc. and Halycon Tech Inc. have entered into an alliance to enable enterprises to ward off ransomware and extortion attacks. Under the partnership announced today, both companies will offer each other’s services to deliver integrated offerings designed to defeat ransomware and address other cybersecurity concerns, such as malware and phishing. The ...

New research out today from application programming interface security startup Salt Security Inc. details significant security flaws in the Expo framework, a tool for developing mobile applications. The Expo framework is a set of tools, libraries and services that simplifies the process of building native applications for iOS, Android and web platforms. Rather than developing separate codebases ...

Uber Technologies Inc. and Alphabet Inc.’s Waymo LLC today announced a new multiyear strategic partnership to enhance access to autonomous vehicles. Starting in Phoenix, Arizona, the collaboration will see Waymo’s autonomous driving technology, known as Waymo Driver, integrated into the Uber platform. Phoenix is one of two locations where Waymo is testing autonomous ride-hailing services, ...

Meta Platforms Inc. today said it has agreed to sell Giphy Inc. to Shutterstock Inc. at a huge loss after it was ordered to divest the company on competition grounds. Meta, then known as Facebook, acquired Giphy, the startup behind the GIF animated image sharing platform of the same name, in May 2020 for $315 million. Giphy ...

Shares in Palo Alto Networks Inc. rose in late trading today after the network management and security firm impressed investors with an earnings beat and lifted its earnings forecast for the year ahead. For its fiscal third quarter ended April 30, Palo Alto Networks reported earnings before costs such as stock compensation of $359.4 million, or $1.10 ...

Industrial cybersecurity startup Claroty Ltd. today announced the expansion of its FOCUS Partner Program to include several managed security service providers, including IBM Corp., NTT Data Corp. and eSentire Inc. The FOCUS Partner Program is an initiative by Claroty designed to equip partners with the skills, tools and processes necessary to operate across the entire enterprise security ...