Duncan Riley
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Ahead of an expected direct listing later this year, the S-1 filing of behavior tracking unicorn Amplitude Inc. was made public today, and it shows a company with increasing losses. Amplitude had previously announced that it had confidentially filed its direct listing paperwork …
Check Point snaps up cloud email security startup Avanan
Cybersecurity giant Check Point Software Technologies Ltd. today announced the acquisition of cloud email security startup Avanan Inc. for an undisclosed price. CRN, referring to a source familiar with the situation, pegs the acquisition price as between $250 million to $300 million. …
SaaS customer relations management startup Freshworks files for IPO
Software-as-a-service customer relations management startup Freshworks Inc. filed its paperwork late Friday with the U.S. Securities and Exchange Commission for an initial public offering. The company is seeking to list on the Nasdaq Global Select Market and is looking to raise $100 …
Report: iPhone 13 could support LEO satellite communications connectivity
Flagship smartphones often do not have an awful lot of differentiation in features, but if the latest report for the iPhone 13 turns out to be true, Apple Inc. could move ahead of its rivals. According to famed Apple analyst Ming-Chi Kuo, …
Vulnerabilities in F5 Networks software opens the door to hackers
Vulnerabilities in software from network traffic management and security firm F5 Networks Inc. could allow attackers to exploit F5 customers and steal data. The vulnerabilities, most patched in new software updates, were disclosed by F5 on Wednesday. The 29 vulnerabilities run a …
Automated hiring platform startup Workstream raises $48M
Automated hiring platform startup Workstream Technologies Inc. announced today it has raised $48 million in new funding to invest in growth and product development. BOND and Coatue led the Series B round. Other investors included Founders Fund and a range of individual inventors, …
Vulnerability in Microsoft Azure Cosmos DB may have exposed customer data to hackers
Microsoft Corp. has warned cloud customers that hackers may have potentially accessed their data via an exploitable vulnerability in its Azure cloud service. Reuters first reported the news today, but the discovery of the vulnerability came from researchers at Wiz Inc. The …
White House holds summit to discuss national cybersecurity strategy
U.S. President Joe Biden held a summit meeting at the White House today with leaders from technology, financial services and energy companies to discuss national cybersecurity strategy amid increasing levels of major cyberattacks. Present at the meeting were a range of chief …
Elastic surprises investors with unexpected profit
Enterprise search company Elastic NV surprised investors with its latest earnings report today, posting an unexpected profit thanks to strong revenue growth. For the quarter ended July 31, Elastic reported revenue jumped 50% from a year ago, to $193.1 million. It also …
Salesforce shares rise on strong earnings and higher forecast
Shares in Saleforce.com Inc. rose in after-hours trading today after the company beat analyst expectations and boosted its forecast for the full fiscal year. For the quarter ending July 31, Salesforce reported total revenue of $6.34 billion, up 23% year-over-year, the first …