Duncan Riley
Latest from Duncan Riley
Twilio shares surge over 10% on strong earnings and raised forecast
Shares in Twilio Inc. were up over 10% in late trading today after the communications tools provider reported better-than-expected earnings and revenue in its fiscal 2024 third quarter and revised its forecast upward for the rest of the year. For the quarter that ended on Sept. 30, Twilio reported adjusted earnings per share of $1.02, ...
Data streaming leader Confluent posts strong earnings, boosts year-end forecast
Shares in Confluent Inc. jumped nearly 15% in late trading today after the data streaming software provider impressed investors with revenue and earnings beats in its fiscal third quarter and raised its outlook for the rest of the year. For the quarter ended Sept. 30, Confluent reported adjusted earnings of 10 cents per share, up from ...
Coinbase and Robinhood miss earnings estimates and shares drop
Shares in Coinbase Global Inc. and Robinhood Markets Inc. both fell in after-hours trading today after they each fell short of expectations in their most recent quarter. For its third quarter, which ended on Sept. 30, Coinbase reported adjusted earnings per share of 28 cents, up from a loss of one cent per share in ...
AI contact center provider Regal closes $40M round to scale personalized customer interactions
Contact center software startup Regal Voice Inc. announced today that it has raised $40 million in new funding to accelerate the rollout of its AI Phone Agents for contact centers. Founded in 2020, Regal is focused on redefining customer management through artificial intelligence-powered contact center software that combines automation with human-centric interactions. Differing from traditional ...
Zimperium warns of sophisticated ‘vishing’ tactics in new FakeCall malware variant
A new report out today from mobile security platform provider Zimperium Inc. warns of a new, more advanced version of the FakeCall malware targeting Android devices that deploys “vishing’ — short for voice phishing — to deceive users into revealing sensitive data by simulating genuine user experiences during phone calls. FakeCall malware first appeared in 2021, initially ...
OpenAI working with Broadcom and TSMC to develop custom AI inference chip
OpenAI is reportedly working with Broadcom Inc. and Taiwan Semiconductor Manufacturing Co. Ltd. to build a new artificial intelligence chip specifically designed to run AI models after they’ve been trained. The decision by OpenAI comes after the company has examined a range of options to diversify chip supply and reduce costs. According to Reuters, OpenAI ...
Elon Musk’s xAI reportedly in talks to raise new funding on $40B valuation
Elon Musk’s xAI Corp. is reportedly in talks with investors to raise additional funding on a $40 billion valuation, some five months after the company had previously raised $6 billion on a $24 billion valuation. The Wall Street Journal, citing people familiar with the matter, reported that xAI is looking to raise several billion dollars ...
JFrog and GitHub advance DevSecOps with SAST and Runtime Security integration
Software supply chain company JFrog Ltd. today announced strengthened integrations with GitHub that aim to enhance secure software development by embedding automated security fixes and real-time production monitoring directly into GitHub’s developer workflows. The updates include the integration of JFrog’s static application security testing with GitHub Copilot Autofix, allowing developers to remediate vulnerabilities automatically and the addition of ...
Securiti launches Gencore AI to enhance secure enterprise generative AI adoption
Unified data control startup Securiti Inc. today announced the release of Gencore AI, a new solution that can easily and quickly build safe, enterprise-grade generative artificial intelligence systems, copilots and AI agents. Gencore AI has been designed to accelerate generative AI adoption in the enterprise by making it easy to build unstructured and structured data and AI ...
TigerEye’s new AI Analyst offers enhanced decision-making in sales and revenue operations
Artificial intelligence-powered planning and revenue management platform company TigerEye Labs Inc. today announced the launch of its conversational AI Analyst, a new service designed to help professionals make faster, smarter decisions by answering complex questions about the business through a simple app. AI Analyst has been built to be time-aware, allowing teams to ask about opportunities, forecasts, ...