Paul Gillin
Latest from Paul Gillin
Data governance specialist Collibra zeroes in on raft of new privacy regulations
Collibra Inc., which makes software that helps companies enforce the integrity and security of their data, today is launching a new product aimed at helping enterprises comply with two major privacy-related regulations: the European Union’s General Data Protection Regulation and the soon-to-be-enacted California Consumer Privacy Act. The data governance specialist, which has raised $234 million, ...
SAP stock falls as earnings come up short, but execs say it’s a blip
SAP SE missed estimates on both profit and revenue in its fiscal second quarter, sending its stock down nearly 5% in early trading, but the company blamed the shortfalls on uncertainty caused by trade tensions with China and said it’s on track to meet its forecasts for the full year. Revenue rose 11% year-over-year, to $6.66 ...
ANALYSIS
IBM’s revenue slide drags on, but strong profit growth buoys investors
Updated: IBM Corp.’s business continued to shrink in its fiscal second quarter, although its profit grew at a faster clip than analysts expected and the company reaffirmed its full-year earnings guidance. The news initially buoyed investors, but sentiment turned negative after the company’s earning call with analysts, sending shares down more than 1% after hours. ...
Cloudera relents, adopts pure open-source strategy
Who acquired whom? Although billed as a “merger of relative equals,” last fall’s combination of Cloudera Inc. and Hortonworks Inc. was by all accounts a Cloudera acquisition of its smaller big-data rival. But it now appears that Hortonworks’ open-source business model has won the day. Cloudera Wednesday quietly announced changes to its licensing policy that ...
Alluxio’s data orchestration platform now spans multiple clouds
Alluxio Inc., developer of a virtual distributed file system aimed specifically at data science and analytics workloads, today released what it says is the most significant enhancement to its platform since its initial release more than three years ago. The company sells a commercial version of its namesake open-source data orchestration technology, formerly known as ...
ANALYSIS
After closing Red Hat acquisition, IBM bids for hybrid cloud dominance
When it announced its intention to acquire Red Hat Inc. last October, IBM said it expected to close the deal in the third quarter of 2019. Big Blue let little grass grow under its feet in fulfilling that pledge, announcing this morning that it has finalized the acquisition deal just nine days into the quarter. ...
MapR pins hopes on single investor as rescue deadline passes
MapR Technologies Inc. missed a self-imposed July 3 deadline to secure new funding or find a buyer, but said it’s continuing discussions with a potential funding source that could keep the big-data company in business. “MapR is making meaningful progress toward a strategic transaction,” David H. Greenberg, vice president or legal at MapR, said in a ...
Report sees peril in cybercriminals’ looming use of AI
A new report this week by anti-malware vendor Malwarebytes Inc. paints an ominous picture of the potential impact of artificial intelligence technologies such as machine learning and deep learning once criminals have the skills and incentive to use them. That hasn’t happened yet, but the report’s authors suggest it could be as little as a year ...
Red Hat earnings should have future parent IBM smiling
It appears that Red Hat Inc. is going out in style. In what may be the company’s last earnings report as an independent entity, the open-source software vendor beat expectations on both revenue and earnings in its fiscal 2020 first quarter. Revenue rose nearly 15%, to $934.1 million, or about $2.5 million better than consensus ...
Unicorn sighting: Druva lands $130M for its cloud-native data protection service
Cloud data protection startup Druva Inc. today said it has raised $130 million in new investment, bringing its total funding to $328 million and vaulting it into the ranks of “unicorns,” or startups with an estimated value of more than $1 billion. This is the seventh funding round for the company, which provides cloud-native backup and ...