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 ...

Knowledge management startup Stravito AB today launched a new feature called Scrapbook that allows individuals to pick and mix the most relevant insights from multiple reports to create one comprehensive story. Founded in 2017, Stravito offers a knowledge management solution that is said to democratize access to market research and insights, making research fast and easy to ...

A new report from PitchBook Data Inc. finds that median and average late-stage venture capital valuations took a significant hit in the third quarter, a quick fall after the rapid rise seen in 2021. The report, which examined the valuations on VC deals in the third quarter, found that although late-stage valuations had dropped, the ...

Security awareness training company KnowBe4 Inc. today announced a new service designed to provide real-time security coaching to reduce risky behavior. The aptly named “SecurityCoach” offers human detection and response, or HDR, that correlates, identifies and responds to tens of thousands of detected events. Events include risky security behavior among an organization’s users being generated within an ...

The U.S. Department of Justice has seized $3.36 billion in bitcoin and obtained a conviction against a man who stole bitcoin from the infamous dark web marketplace Silk Road before it was shut down in 2013. James Zhong from Gainesville, Georgia was alleged to have stolen about 50,000 bitcoin from Silk Road in September 2012. ...

Shares in Lyft Inc. plunged in late trading after the ride-hailing company missed on earnings, revenue and rider numbers in its fiscal third quarter. For the quarter that ended Sept. 30, Lyft reported an adjusted earnings per share loss of $1.18, down from a loss of 30 cents per share in the same quarter of ...