Shares in CrowdStrike Holdings Inc. were flat in after-hours trading today despite the company beating analysts’ predictions for its fiscal first quarter. For the quarter ended April 30, CrowdStrike reported revenue shot up 70% from a year ago, to $302.8 million, also up from $264.9 million in the previous quarter. Annual recurring revenue jumped 74% year-over-year, to ...

Cybersecurity firm FireEye Inc. today announced that it will sell its products group to private equity company Symphony Technology Group for $1.2 billion. Under the deal, FireEye is also selling its name and core business but will retain assets that were acquired from Mandiant Inc. in a $1 billion stock-and-cash deal in 2014. The sale ...

Shares in work management platform provider Smartsheet Inc. jumped in after-hours trading today after the company beat analysts’ predictions in its fiscal first-quarter earnings. For the quarter ended April 30, Smartsheet reported it lost $38.4 million on a 37% rise in revenue from a year ago, to $117.1 million. The company’s loss before costs such as ...

The vast majority of chief information security officers rely on outdated, report-based threat intelligence, according to a new threat intelligence survey from threat intelligence firm Cybersixgill Ltd. Based on a survey more than 150 CISOs at firms with at least 10,000 employees or more than $1 billion in revenue, at least 90% of CISOs rely ...

Security startup Egress Software Technologies Ltd. today revealed that it has acquired email anti-phishing provider Aquilai Ltd. for an undisclosed price to strengthen its Intelligent Email Security platform. Founded in 2017 by artificial intelligence scientists and security experts to solve phishing, the company offers software that protects against phishing attacks. The company says its Ajax Intelligence service ...

Shares in financial technology company SoFi closed up 12%, to $22.65, on their debut on the Nasdaq exchange today after merging with special-purchase acquisition company Social Capital Hedosophia Corp V. The SPAC merger, first announced in January, valued SoFi, formally named Social Finance Inc., at $8.65 billion with the SPAC offering raising $2.4 billion. Founded ...

JBS S.A., the world’s largest meat processing company, has been struck by a ransomware attack, grinding operations in the U.S., Canada and Australia to a halt. In a statement late Monday, JBS said that it had been targeted by a cyberattack on Sunday that affected some of the servers supporting its North American and Australian information ...

Private equity firms KKR & Co. and Clayton Dubilier & Rice LLC are close to a deal to acquire big-data specialist Cloudera Inc., according to a report today from The Wall Street Journal. The Journal, quoting people familiar with the matter, says that the deal could be finalized by Tuesday, presuming that talks don’t collapse at the ...

A new form of ransomware dubbed “Epsilon Red” has been found in the wild targeting unpatched Microsoft Corp. Exchange servers. First detected by security researchers at Sophos plc and revealed Friday, the ransomware was found targeting a U.S.-based business in the hospitality industry. Delivered as the final executable payload in a hand-controlled attack, the ransomware ...

Chinese smartphone and device manufacturer Xiaomi Inc., a company often referred to as the Apple Inc. of China, today demonstrated new fast-charging technology that can charge a 4,000mAh battery in eight minutes. Called “HyperCharge,” the technology was demonstrated using a custom Mi 11 Pro with a 200W charger. In a video demonstration, the device managed ...