Duncan Riley
Latest from Duncan Riley
The U.S. Securities and Exchange Commission today charged Impact Theory LLC, a Los Angeles-based entertainment company, for selling unauthorized securities for the company’s sale of nonfungible tokens in 2021, the first time the SEC has taken action against a company selling NFTs. …
Hosting provider CloudNordic loses customer data in ransomware attack
Danish cloud hosting provider CloudNordic ApS has been struck by a ransomware attack that resulted in most customer data being lost and its systems rendered unusable. According to a statement on the company’s website, the ransomware attack took place on Aug. 18 …
Malwarebytes acquires online privacy solutions provider Cyrus
Cybersecurity software firm Malwarebytes Inc. today announced that it has acquired online privacy solutions provider Cyrus Labs Inc. for an undisclosed price. Founded in 2020, Cyrus offers a platform designed to shield individuals and businesses from increasing cybercrime and fraud threats. The platform explores …
Shares in semiconductor maker Marvell drop despite solid quarterly results
Shares in Marvell Technology Inc. fell in late trading today despite the semiconductor maker reporting earnings and revenue just ahead of expectations in its latest quarter. For its fiscal second quarter that ended July 29, Marvell reported adjusted earnings of $290.2 million, or 33 …
Workday shares rise on earnings and revenue beats
Shares in Workday Inc. rose in late trading today after the enterprise resource planning software giant delivered earnings and revenue beats in its latest quarterly results. For its second quarter that ended July 31, Workday reported adjusted earnings per share of $1.43, up from …
Investors place increased emphasis on product readiness and financials in pre-seed funding
A new report from DocSend Inc., a Dropbox Inc. company, released today detailed new data pointing to a heightened risk aversion in pre-seed investing, with venture capital investors shifting priorities to long-term profitability over rapid growth. The report, “From FOMO to JOMO: VCs shift from …
Microsoft reportedly looking at adding AI to built-in Windows 11 apps
Microsoft Corp. is reportedly expanding its efforts to integrate artificial intelligence into Windows 11 and is looking at adding AI features to built-in Windows apps such as Photos, Snipping Tool and Paint. Windows Central, citing unnamed sources, claims that Microsoft is exploring adding …
Autodesk surprises analysts and investors with better-than-expected earnings
Computer-aided design software company Autodesk Inc. surprised analysts and investors alike today by delivering better-than-expected earnings and revenue in its fiscal second quarter. For the quarter that ended July 30, Autodesk reported adjusted earnings per share of $1.91 on revenue of $1.345 …
Splunk shares surge on strong earnings, revenue and outlook beats
Shares in Splunk Inc. surged over 10% in late trading today after the big-data company delivered strong beats on earnings, revenue and outlook in its latest quarterly earnings report. For the quarter that ended July 31, Splunk reported adjusted earnings per share …
Styra announces new capabilities for its enterprise open policy agent
Cloud-native authorization startup Styra Inc., the founder of Open Policy Agent, today announced new capabilities for its enterprise-grade decision engine Enterprise OPA. Previously known as Styra Load, Enterprise OPA is designed to give organizations a drop-in replacement for Open Policy Agent with improved performance, …