Shares in Robinhood Markets Inc. dropped to a record low in late trading after the popular no-commission stock and cryptocurrency trading platform missed all estimates for the fourth straight quarter since going public in July. For the quarter ended March 31, Robinhood reported a net loss of $392 million, or 45 cents per share, compared ...

Shares of Zendesk Inc. rose slightly in late trading today after the customer service and sales software provider reported better-than-expected revenue in its first quarter. For the quarter ended March 31, Zendesk reported a profit before costs such as stock compensation of $15.1 million, or 12 cents per share, compared with $21.4 million, or 18 cents ...

Shares in Australian collaboration and application software company Atlassian Corp. PLC dropped in late trading today after it reported a loss in its latest quarter. For the fiscal third quarter ended March 31, Atlassian reported a net loss of $31.1 million, or 12 cents per share, compared with a profit of $159.8 million, or 63 ...

Strategic intelligence platform startup Strider Technologies Inc. announced today that it has raised $45 million in new funding to enhance its products, introduce new capabilities and expand its geographic presence to support demand across industry and government markets. Valor Equity Partners led the Series B round, with DataTribe, Koch Disruptive Technologies and One9 Ventures also participating. Including the new ...

Data security platform startup Veza Inc. launched out of stealth mode today with the announcement that it has raised $110 million in new funding. Investors in the Series C round include Accel, Bain Capital, Ballistic Ventures, GV, Norwest Venture Partners and True Ventures. Founded in 2020, Veza pitches itself as the first and only data security platform ...

Synopsys Inc. today signed a definitive agreement to acquire application security provider WhiteHat Security from Nippon Telegraph and Telephone Corp. for $330 million in cash. WhiteHat Security has been owned by NTT since 2019 and was rebranded as NTT Application Security. Founded in 2001 by former Yahoo Inc. information security officer Jeremiah Grossman, WhiteHat provides solutions for website ...

The U.S. National Security Agency has re-awarded a $10 billion cloud computing contract to Amazon Web Services Inc. after it was forced to review the contract. Code-named WildandStormy, the contract was initially awarded to AWS in August. Because the deal concerns national security, the full details are not known but it’s believed to be part ...

Coca-Cola Co. is investigating a possible data breach after the Stormous ransomware gang claimed to have hacked the company and stolen data. Stormous claimed on its dark web page today that it had hacked some of Coca-Cola’s servers and had downloaded 161 gigabytes of data without the company’s knowledge. The group is offering to sell the ...

Tenable Inc. today announced an agreement to acquire Bit Discovery Inc., an external attack surface management startup, for $45.5 million in an all-cash deal. Founded in 2018, Bit Discovery offers a platform for website asset inventory and portfolio management. The service provides attack surface management to identify and manage internet-connected assets. Bit Discovery’s platform is ...

Popular no-commission stock and cryptocurrency trading platform company Robinhood Markets Inc. today announced that it’s cutting 9% of its full-time employees because of “duplicated roles and job functions” following its rapid growth in 2021. Robinhood Chief Executive Officer and co-founder Vlad Tenev announced the news in a blog post, saying that although the decision was ...