Duncan Riley
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Affirm shares surge more than 20% on strong earnings outlook
Shares in Affirm Holdings Inc. surged more than 20% in after-hours trading today after the online payments company predicted stronger-than-expected earnings. For the quarter ended June 30, Affirm reported a loss before costs such as stock compensation of 48 cents a share, on revenue of $261.8 million, up 71% from a year ago. Analysts had been predicting a ...
Cloud security provider Zscaler’s shares rise on stronger-than-expected earnings
Shares in Zscaler Inc. rose in after-hours trading today after the cloud security provider delivered better-than-expected earnings results. For the quarter ended July 31, Zscaler reported revenue jumped 57% from a year ago, to $197.1 million. Profit before costs such as stock compensation came in at $20.4 million, or 14 cents per share. Analysts had expected ...
Report finds companies continue to expose data through misconfigured cloud storage
For years now, companies exposing data via misconfigured cloud storage have been a dime a dozen. Over the last few years, reports of companies inadvertently sharing their data often came multiple times a week. Exposed data typically included a company incorrectly setting the security of an Amazon Web Services Inc. S3 instance or an ElasticSearch ...
New ChaChi malware variant designed to target Linux systems
A newly discovered Linux version of the ChaChi remote-access trojan virus has been found in the wild in a rare example of Windows-based malware being adapted for the operating system. ChaChi, which is written in the compiled GoLang compiled programming language designed by Google LLC, first appeared last year and was used in attacks against U.S. ...
Infamous ransomware gang REvil returns to the dark web
Infamous ransomware gang REvil has returned to the dark web, the shady corner of the internet reachable with special software, after disappearing in July amid pressure from the U.S. government on Russia to act on ransomware groups operating in the country. REvil, also known as Sodinokibi, was before its disappearance a prolific ransomware group linked to dozens of ...
SentinelOne shares drop on mixed results in first post-IPO earnings report
Shares in cybersecurity provider SentinelOne Inc. dropped in after-hours trading today after the company reported mixed results in its first earnings report after going public in June. For the quarter ended July 31, SentinelOne reported revenue jumped 121% from a year ago, to $45.8 million. The company logged a loss before costs such as stock compensation ...
Google enhances Workspace to help employees collaborate regardless of location
Google LLC today announced a series of updates for its Workspace cloud computing, productivity and collaboration tools focused on helping employees collaborate equally regardless of location, device preference, role or language. The updates cover a broad spectrum of features and tools. Leading the list is that “spaces” in Google Chat are now live for everyone. The ...
Ragnar Locker ransomware gang threatens to publish stolen data if victims contact authorities
Despite spurious reports that the infamous Ragnar Locker ransomware gang had quit and published its decryption keys, it turns out that it’s still active and actively threatening its victims. As first reported today by Bleeping Computer, the Ragnar Locker gang is warning its victims that it will leak stolen data if they contact law enforcement authorities, such ...
Microsoft acquires Australian video editing startup Clipchamp
Microsoft Corp. today said it has acquired video editing platform startup Clipchamp Pty Ltd. for an undisclosed price. Clipchamp was founded in 2013 in Brisbane, Australia, or as it terms the city, Meanjin on the traditional lands of the Yuggera Nation. The company pitches itself as a video editing platform that empowers anyone to tell ...
Smartsheet shares drop despite better-than-expected earnings
Shares in work management platform provider Smartsheet Inc. dropped in after-hours trading today despite its reporting better-than-expected second-quarter earnings results. For the quarter ended July 30, Smartsheet reported total revenue of $131.7 million, an increase of 44% year-over-year and up from $117.1 million in the previous quarter. The company’s loss before costs such as stock ...