An outage that has affected Hosted Exchange customers of Rackspace Technologies Inc. has been confirmed by the company to be the result of a ransomware attack. In a statement today, Rackspace said that the ransomware attack was isolated to its Hosted Exchange business and that its other products and services are fully operational, including its email ...

Shares of cloud subscription services company Zuora Inc. dropped in late trading following a weaker-than-expected outlook in its latest earnings report and an announcement that it would lay off 11% of its staff because of macroeconomic conditions. For its third quarter ended Oct. 31, Zuora reported a  loss before costs such as stock compensation of $2.9 million, ...

Shares in SentinelOne Inc. stayed flat in after-hours trading after the cybersecurity company delivered a mixed earnings report. For its third quarter ended Oct. 31, SentinelOne reported a loss before costs such as stock compensation of 16 cents per share, just over a loss of 15 cents in the same quarter of last year. Revenue ...

Global payments company Network Merchants Inc. today revealed that it has acquired the payments solution arm of underwriting and onboarding software solutions provider Agreement Express Inc. to expand its commerce offering. Founded in 2001, Agreement Express offers a software-as-a-service platform that automates client onboarding processes for financial services firms. The company’s product is said to reduce ...

Cloud identity and access startup Rezonate Inc. today launched out of stealth mode with $8.7 million in funding to accelerate go-to-market efforts. State of Mind Ventures and Flybridge led the round, with toDay Ventures, Merlin Ventures and several individual investors also participating. The company was founded in January this year by Chief Executive Officer Roy Akerman, ...

Artificial-intelligence-based operational management platform startup Operative Intelligence Pty. Ltd. disclosed today that it has raised $3.5 million in new funding to scale up its customer intelligence product capabilities. The seed round was led by Bonfire Ventures, with Wonder Ventures also participating. Founded in 2019, Operative Intelligence describes itself as offering the first purpose-built Demand-Insights-as-a-Service platform. The company ...

A hacking group linked to the Chinese government is alleged to have stolen more than $20 million in COVID relief benefits, including U.S. Small Business Administration loans and unemployment funds in more than a dozen states. NBC reported today that the allegation comes from the Secret Service, although the agency has not released a report on ...

Intel Labs and the Perelman School of Medicine at the University of Pennsylvania today released a joint research study that used federated learning, a distributed machine learning and artificial intelligence approach, to help healthcare and research institutions identify malignant brain tumors. The study is said to be the largest medical federated learning study ever undertaken, with ...

A new report from Reversing Labs Inc. has found that nearly two years after the SolarWinds Worldwide LLC hack, software supply chain attacks have shown no sign of slowing down or abating. The report found that attacks that leverage malicious open-source modules have continued to multiply in the commercial sector. Enterprise has seen an exponential increase ...

No-code automation platform startup Torq Ltd. today announced the launch of Torq Insights, a new overlay for managing security stacks. The company also announced that it has hit a new milestone of having executed more than 1 million daily security automations. Torq Insights is a comprehensive reporting and analytics overlay that provides the operational data needed to consistently ...