Updated: Shares in consumer video streaming service Netflix Inc. dropped more than 35% Wednesday today after the company reported its first drop in subscribers in more than 10 years. Netflix has long been the darling of streaming services with its constant quarter-over-quarter growth, but the party has now ended. Netflix reported a loss of 200,000 ...

A new report from infrastructure monitoring startup Logz.io Inc. finds that production issues for DevOps teams are taking longer to solve despite advancements in observability. The finding comes from the company’s fifth annual DevOps Pulse 2022 Report, which analyzed key trends, points of interest and challenges experienced through a survey of more than 1,000 engineers. Respondents to the survey consistently ...

Continuous verification company Verica Inc. today joined with open-source Amazon Web Services Inc. cloud security tool Prowler to offer a new enterprise-focused paid version of Prowler. Prowler is a security tool that assesses AWS accounts to ensure they follow best AWS security practices. The tool offers assessments, audits, incidence response, continuous monitoring, hardening and forensics readiness. ...

Cloud and DevOps infrastructure automation startup Quali Systems Ltd. today announced the release of enhanced control plane features for its Torque platform. Quali’s Torque platform is designed to speed app development and delivery through cloud automation. The enhancements enable DevOps professionals to orchestrate and secure complex application environments by simplifying infrastructure provisioning, eliminating siloed infrastructure and addressing infrastructure ...

Customer service and sales software provider Zendesk Inc. has reportedly hired an advisory firm to explore a potential sale, some two months after rejecting a private equity takeover. Bloomberg, referencing people familiar with the matter, today reported that Zendesk has hired Qatalyst Partners to explore sales opportunities. The company is said to have already reached out to ...

French music streaming company Deezer S.A. is set to go public via a merger with a special-purpose acquisition company in a $1.13 billion deal. The Wall Street Journal reported today that the SPAC deal will see Deezer merge with Paris-listed I2PO SA. The firm is a blank-check company backed by the Pinault family, the controlling shareholders ...

Venture capital firm Andreessen Horowitz today launched a16z START, a startup accelerator for early-stage companies. Startup accelerators are organizations that offer membership, capital and connections to investors and business partners, with Y Combinator perhaps the best known. A16z START aims to do exactly this, fueling founders at the earliest stages of company-building with one-on-one support, ...

Insteon, a home automation company owned by Smartlabs Inc., has reportedly gone out of business after users reported that their connected devices stopped working last week. There has been no official word from the company that it has ceased operating and as of the time of writing its website is up and its status page ...

Credit-based stablecoin provider Beanstalk Farms has been hacked, with about $182 million in cryptocurrency stolen. Those behind the attack used a “flash loan” attack to access the Beanstalk network. A flash loan attack is a type of decentralized finance attack where a cybercriminal takes out a flash loan — a form of noncollateralized lending from ...

A critical vulnerability in a highly popular WordPress plugin has exposed millions of websites to hacking. Discovered by researchers at Plugin Vulnerabilities and detailed April 12, the vulnerability was found in Elementor, a WordPress plugin that allows users to build websites with more than 5 million active installations. The vulnerability was found in version 3.6.0 ...