Cisco Systems Inc. Friday said it plans to acquire cloud-native network security startup Valtix Inc. as part of a push to enhance its Security Cloud portfolio. Founded in 2018, Valtix offers a multicloud network security platform designed to enable cloud teams to meet the most stringent security requirements in a cloud-first and straightforward way. The company claims ...

A ransomware attack on multinational agricultural giant Dole plc has caused salad shortages after the company was forced to shut down production facilities in the U.S. Dole disclosed the ransomware attack in a brief statement on Wednesday, saying it moved quickly to contain the threat and engaged outside cybersecurity experts to work with its internal ...

The European Commission has banned staff from using TikTok on their corporate and personal devices amid growing concerns about parent company ByteDance Ltd.’s links to the Chinese government. The BBC reported today that the decision was made by the corporate board of the EC, the European Union’s executive arm, for security measures. “The measure aims to protect ...

Shares in Block Inc. rose in late trading after the payments company delivered mixed results in its latest quarterly earnings. The payment services firm reported adjusted earnings per share of 22 cents in its fourth quarter, down from 30 cents in the same quarter of 2021, on revenue of $4.65 billion. Analysts had expected 30 cents and ...

Security researchers at Apple Inc. enterprise management firm Jamf Holding Corp. today detailed a largely undetected family of malware that infects pirated macOS applications to mine cryptocurrency secretly. The malware uses XMRig, an open-source command line cryptomining tool commonly used for legitimate purposes, for nefarious intent. XMRig was first found by the researchers bundled in a pirated copy of ...

Strategy execution platform startup Quantive USA Inc. today announced new artificial intelligence-based enhancements that enable companies to excel at their strategic initiatives. The new release leverages generative AI technology via large learning models Quantive gained through its acquisition of business reliability platform startup Cliff.ai in June. The new intelligence capability in Quantive Results helps users overcome the ...

Three-dimensional camera and spatial data software company Matterport Inc. today reported a fourth-quarter earnings beat driven by strong subscriber growth. For the quarter that ended Dec. 31, Matterport reported a loss before costs such as stock compensation of nine cents a share on revenue of $41.1 million, up 52% year-over-year. Analysts had expected a loss ...

Shares in Five9 Inc. dropped in late trading after the call center software provider delivered a weaker-than-expected outlook alongside its latest earnings report. For its fiscal fourth quarter ended Dec. 31, Five9 reported net income before costs such as stock compensation of $39 million, or 54 cents per share, up from $30.1 million, or 42 cents per ...

Shares in Rackspace Technology Inc. rose by nearly 10% in late trading after the cloud services provider topped estimates in its latest earnings report. For the fourth quarter that ended Dec. 31, Rackspace reported earnings before costs such as stock compensation of $74 million, or six cents per share, down from $122 million, or 25 cents per ...

Intel Security today released its 2022 Product Security Report, highlighting its continued security assurance investments and a year-in-review of the vulnerabilities and mitigations that it uncovered over the last year. The headline finding in the report is that 93% of the vulnerabilities addressed by Intel in 2022 directly resulted from Intel’s investment in product security assurance. Some ...