Apple Inc. today announced that its emergency satellite-based SOS feature for iPhone 14 models will be available later this month in the U.S. and Canada after it invested $450 million to enable the feature. First mooted in August and announced in September, Emergency SOS uses a satellite connection when a user is out of WiFi or ...

Elon Musk has warned that Twitter faces the possibility of bankruptcy amid ongoing turmoil and staff resignations two weeks after he took control of the microblogging company. Speaking at an all-hands meeting today, Musk (pictured) said Twitter is losing so much money that “bankruptcy is not out of the question.” At the same meeting, Musk is ...

Shares of Expensify Inc. dropped in late trading after the payments provider missed on both earnings and revenue in its fiscal third quarter. For the quarter that ended Sept. 30, Expensify reported a loss of 10 cents per share on revenue of $42.5 million, up 13% year-over-year. Analysts had been expecting a loss of seven cents per ...

It was a busy day for Okta Inc. as the identity platform provider announced new product innovations and partnerships at its annual Oktane22 conference. Topping the list are new innovations for Okta Workforce Identity Cloud that are said to strengthen its single control plane for managing identity across all enterprise resources and users. New innovations include anti-phishing filtering ...

Edge computing startup Macrometa Corp. revealed today that it has raised unspecified new funding and entered into a partnership with Akamai Technologies Inc. that includes product integrations. Founded in 2017, Macrometa offers and develops real-time stateful serverless applications. The company’s Global Data Network allows enterprises to build and run geographically distributed applications, ensuring minimal latency no matter where ...

Shares in Rivian Automotive Inc. bounced in late trading today after the electric vehicle maker reported better-than-expected earnings and reduced its guidance for capital expenditures this year. For the quarter that ended Sept. 30, Rivian reported a loss before costs such as stock compensation of $1.57 per share, down from an adjusted loss of $7.69 per share ...

A community college in California has been knocked offline and had its services disrupted following an apparent malware attack last week. Merced College was knocked offline on Nov. 3, with the school saying on Twitter that it was experiencing a significant network disruption and that most technology functions of the district were offline. Taken down ...

VMware Inc. today released a new extended detection and release product designed to significantly improve threat detection and prevention across endpoints and networks. VMware Carbon Black XDR extends VMware’s network visibility and detection to VMware Carbon Black Enterprise EDR by enhancing lateral security through leveraging telemetry within VMware Contexa. VMware Contexa is VMware’s cloud-delivered threat ...

Shares in Akamai Technologies Inc. dropped slightly in after-hours trading today despite the content delivery network provider reporting an earnings beat in its latest quarterly report. For the third quarter ended Sept. 30, Akamai reported a profit before costs such as stock compensation of $1.26 a share, down 13% from the third quarter of 2021. ...

Shares in Gen Digital Inc., the company previously known as NortonLifeLock Inc., rose in after-hours trading after the newly renamed company reported solid earnings results for its fiscal 2023 second quarter. For the quarter that ended Sept. 30, Gen reported diluted earnings per share of 45 cents, up 5% year-over-year, on revenue of $748 million, up ...