Duncan Riley
Latest from Duncan Riley
Google Search revamp will make results more ‘visual, snackable, personal and human’
Google LLC is planning to revamp its core search engine to deliver more “visual, snackable, personal and human” results with a focus on serving young people, according to internal documents obtained by the Wall Street Journal. The shift by Google will, not unsurprisingly in 2023, include results that incorporate generative artificial intelligence as Google’s decades-long ...
Dallas emergency services systems knocked offline in Royal ransomware attack
The City of Dallas, Texas, has been struck by a ransomware attack that knocked essential services offline, including emergency services systems. The ransomware attack, attributed to the Royal ransomware group, struck the city on Wednesday morning, with local reports suggesting that the city was still struggling to respond to the attack today. The attack knocked ...
Coinbase and Block surprise with earnings and revenue beats
Shares in both Coinbase Inc. and Block Inc. rose in late trading after both crypto-focused companies surprised with earnings and revenue beats for their quarters that ended March 31. Coinbase reported a loss per share of 34 cents on revenue of $736 million. The revenue figure was down 33% from the same quarter of last ...
Atlassian shares fall sharply on revenue miss and increasing costs
Shares in Atlassian Corp. fell sharply in after-hours trading today after the Australian software company reported a miss on revenue and increasing costs in its latest earnings report. For its fiscal third quarter that ended March 31, Atlassian reported net income before costs such as stock compensation of $138 million, or 54 cents per share, ...
Fortinet reports earnings and revenue beats driven by increasing market share
Fortinet Inc. today reported earnings and revenue beats in its fiscal first quarter, driven by an increase in its cybersecurity market share. For the quarter that ended on March 31, Fortinet reported net income before costs such as stock compensation of 34 cents per share, up 79% on an adjusted basis from the same quarter ...
Data security startup Immuta adds Databricks as a strategic investor
Data security startup Immuta Inc. today announced a new strategic investment from Databricks Ventures, the investment arm of big data and machine learning software provider Databricks Inc. The investment is said to build on a longstanding partnership between the two companies and positions Immuta as a Databricks trusted partner of choice for data security and access control. The investment amount ...
Customer growth helps Fastly report record quarterly revenue
Edge cloud platform provider Fastly Inc. reported record quarterly revenue in its fiscal first quarter of 2023, driven by strong customer growth. For the quarter that ended March 31, Fastly reported a loss before costs such as stock compensation of $14 million, or nine cents per share, down from a loss of $17.74 million, or ...
Informatica shares fall slightly despite solid revenue and earnings
Shares in Informatica Inc. fell slightly in late trading after the data integration firm reported revenue and earnings roughly in line with expectations. For its first quarter that ended March 31, Informatica reported earnings before costs such as stock compensation of 15 cents per share, down from 20 cents in the same quarter of last ...
New Vanta solution simplifies third-party vendor security reviews
Security compliance startup Vanta Inc. today announced the launch of a new solution designed to enable organizations to accelerate, automate and simplify third-party vendor security reviews and due diligence. Called Vanta Vendor Risk Management, the service features vendor auto-discovery and continuous vendor assessment and remediation workflows. The solution is said to reduce significantly the time and costs ...
Pigment launches new AI-based version of its business planning platform
Business planning platform startup Pigment SAS today launched a new artificial intelligence-based offering designed to help business teams make faster, more informed decisions. Pigment AI, not surprisingly, brings AI to Pigment’s existing cloud-based business forecasting platform that handles business strategy in real time. The use of AI is said to assist finance, sales and human resources leaders in increasing ...









