Robinhood Markets Inc. bucked market trends and its own recent history today as its share price rose in late trading today on a surprising earnings beat in its fiscal third quarter. For its third quarter that ended Sept. 30, Robinhood reported a net loss of $175 million, or 20 cents per share, down from $295 ...

Cybersecurity is no longer a safe haven for investors. Shares in Dyantrace Inc., Fortinet Inc. and Rapid7 Inc. fell despite solid quarterly earnings reports amid a broader market slump that saw the Dow plunge 500 points and the Nasdaq fall 3% amid ongoing inflation concerns and rising interest rates. Dynatrace was the first of the ...

Enterprise data intelligence startup Alation Inc. today announced that it has raised $123 million in new funding to accelerate its growth and global expansion while driving strategic product innovation as the demand for data intelligence platforms surges. Thoma Bravo, Sanabil Investments and Costanoa Ventures led the Series E round. Databricks Ventures, Dell Technologies Capital, Hewlett Packard ...

Nearly a week after Elon Musk acquired Twitter Inc., his reign as “Chief Twit” cannot be described as dull, and today’s wrinkle was his vision for Twitter Blue, the microblogging platform’s paid subscription service. Musk (pictured) said — naturally on Twitter — that “Twitter’s current lords & peasant system for who has or doesn’t have a blue checkmark ...

Shares in Freshworks Inc. rose in after-hours trading after the customer service and support software firm reported better-than-expected earnings and revenue in its latest quarter. For its third quarter that ended Sept. 30, Freshworks reported a loss before costs such as stock compensation of one cent per share, down from a loss of four cents per share in ...

A newly disclosed vulnerability in Microsoft Corp.’s Azure Cosmos DB was found to open the door to an attacker without needing authentication under certain conditions. Detailed today by security researchers at Orca Security Ltd., the vulnerability has been dubbed “CosMiss.” The vulnerability opens up if an attacker has knowledge of a Cosmos DB Notebook’s “forwardingld,” which ...

The White House today hosted the first day of a two-day global ransomware summit aimed at thwarting the threat of ransomware. The International Counter Ransomware Summit includes 36 countries and tech firms such as Microsoft Corp., Siemens AG and Google LLC’s Mandiant. The summit is described by a senior administration official as part of an “international ...

Supplies of Apple Inc.’s iPhones are at risk after a Hon Hai Precision Industry Co. Ltd. (Foxconn) factory in Zhengzhou, China, the largest iPhone factory in the world, was hit by a COVID-19 outbreak. Despite most of the world moving on from the COVID-19 pandemic, the one notable exception is China, which has continued to enforce ...

Days after taking over Twitter Inc., the rule of Elon Musk continues to be colorful, with various rumors and reports of changes circulating online. Although job cuts of some sort are a certainty and reports suggest a price rise for the Twitter Blue subscription service, the biggest out-of-left-field news today is the possible resurrection of ...

Threat protection startup Deep Instinct Ltd. today released a new report that details some disturbing changes in the world of ransomware as the fight against cybercrime has continued to ramp up throughout the year. The 2022 Bi-Annual Cyber Threat Report finds significant changes in threat actor structure as some of the most prevalent actors have changed or ...