Duncan Riley
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The popular short video service TikTok, owned by ByteDance Ltd., is reportedly jumping on the artificial intelligence bandwagon and testing a new AI-powered chatbot. First reported on by Bloomberg, the chatbot is named Tako and, in its current form, is described as an …
Autodesk reports earnings and revenue in line with predictions
Shares in Autodesk Inc. rose slightly in late trading after the computer-aided design software company reported earnings and revenue in line with predictions. For its fiscal first quarter that ended April 30, Autodesk reported earnings before certain costs of $1.55 per share, up from $1.43 …
Microsoft warns alleged Chinese hacking group is targeting critical infrastructure
Researchers at Microsoft Corp. today detailed a sophisticated cyberattack aimed at critical U.S. infrastructure, orchestrated by an alleged China-based state-sponsored actor. The hacking group, known as Volt Typhoon, has been active since mid-2021 and is suspected of preparing to disrupt U.S.-Asia communication networks in …
Nutanix shares surge on earnings and revenue beats, upbeat outlook
Shares in Nutanix Inc. surged in late trading after the cloud-computing company reported earnings and revenue beats in its fiscal third quarter and gave an upbeat outlook. Nutanix reported adjusted earnings per share of four cents on revenue of $448.6 million, the …
Splunk surprises investors with stronger-than-expected earnings and revenue
Shares in Splunk Inc. rose in after-hours trading today after the big data company surprised investors with stronger-than-expected earnings and revenue in its fiscal first quarter. For its fiscal first quarter that ended April 30, Splunk reported adjusted earnings of 18 cents …
CISO Global and Halcyon join forces to ward off ransomware and extortion attacks
Cybersecurity companies CISO Global Inc. and Halycon Tech Inc. have entered into an alliance to enable enterprises to ward off ransomware and extortion attacks. Under the partnership announced today, both companies will offer each other’s services to deliver integrated offerings designed to …
Security flaws in mobile application developer tool Expo could have exposed users
New research out today from application programming interface security startup Salt Security Inc. details significant security flaws in the Expo framework, a tool for developing mobile applications. The Expo framework is a set of tools, libraries and services that simplifies the process of building …
Uber and Waymo sign partnership to enhance access to autonomous vehicles
Uber Technologies Inc. and Alphabet Inc.’s Waymo LLC today announced a new multiyear strategic partnership to enhance access to autonomous vehicles. Starting in Phoenix, Arizona, the collaboration will see Waymo’s autonomous driving technology, known as Waymo Driver, integrated into the Uber platform. …
Meta sells Giphy to Shutterstock at huge loss following antitrust ruling
Meta Platforms Inc. today said it has agreed to sell Giphy Inc. to Shutterstock Inc. at a huge loss after it was ordered to divest the company on competition grounds. Meta, then known as Facebook, acquired Giphy, the startup behind the GIF animated …
Palo Alto Networks shares rise on earnings beat, higher forecast
Shares in Palo Alto Networks Inc. rose in late trading today after the network management and security firm impressed investors with an earnings beat and lifted its earnings forecast for the year ahead. For its fiscal third quarter ended April 30, Palo Alto Networks …