Duncan Riley
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The rise of artificial intelligence has also prompted more ethical concerns around copyright and fair use, given that generative AI such as Open AI LP’s ChatGPT as well as Stable Diffusion are trained on existing content such as text, images and video. …
Snap shares fall sharply on revenue and outlook miss
Shares in Snap Inc. fell sharply in late trading after the company reported a revenue miss in its first-quarter results and gave an informal outlook below expectations. For the quarter that ended March 31, Snap reported earnings before costs such as stock …
Cloudflare shares plunge on lower-than-expected outlook amid economic uncertainty
Shares in Cloudflare Inc. plunged nearly 25% in late trading after the content delivery network company issued a lower-than-expected outlook amid broader macroeconomic uncertainty in the economy. For its first quarter ended March 31, Cloudflare reported earnings before costs such as stock compensation …
Report finds even cybersecurity VC funding fell off a cliff in the first quarter
A new report from DataTribe finds that venture capital funding in the first quarter of 2023 fell off a cliff, delivering results that haven’t been seen for nearly a decade. The DateTribe Insights Q1 2023 report describes the first quarter as “grim” for …
New Quantive Singularity helps companies make more informed decisions
Strategy execution platform startup Quantive USA Inc. today announced the launch of a new artificial intelligence-powered platform designed to help companies make better, more informed decisions. Called Quantive Singularity, the new platform allows users more easily to surface the insights, forecasts and intelligence needed …
Shares of business process automation provider Pegasystems drop on mixed results
Shares in Pegasystems Inc. fell slightly in late trading today after the business process management software provider reported mixed earnings results. For its first quarter ended March 31, Pegasystems reported earnings before costs such as stock compensation of 23 cents per share, down 61% from …
Extreme Networks shares rise on revised outlook and revenue and earnings beat
Shares in Extreme Networks Inc. rose today after the networking company reported beats in earnings and revenue in its fiscal third quarter and upped its outlook. For the quarter that ended March 31, Extreme Networks reported earnings before costs such as stock …
Uptycs adds support for GitHub audit logs and user identity information
Cloud and endpoint cybersecurity startup Uptycs Inc. today announced what it claims to be the first “early warning system” that allows security teams to identify and stop threat actors before they can access data and services in the cloud. Uptycs’ platform, which offers unified cloud-native …
AaDya, a cybersecurity startup for small and midsized businesses, raises $5M
Cybersecurity startup AaDya Security Inc. today announced that it has raised $5 million in new funding to expand its sales team and accelerate the growth of its channel program partners serving small and midsized business customers. Founded in 2019, Aadya provides cybersecurity …
Juniper shares drop as networking giant warns of ongoing supply chain issues
Shares in Juniper Networks Inc. dropped in late trading after the networking company warned that it was experiencing ongoing supply chain challenges that are leading to extended lead times and higher logistics and component costs. For its first quarter ended March 31, …