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Apps

Snap shares plunge 18% on revenue shortfall and lower-than-expected guidance

By Duncan Riley Aug 1, 2024

Shares in Snap Inc. plunged about 18% in late trading today after the company missed on revenue in its fiscal 2024 second quarter and fell short of third-quarter adjusted earnings guidance. For the quarter…

Apps

Apple beats analysts’ expectations thanks to strong iPhone and iPad sales

By Duncan Riley Aug 1, 2024

Shares in Apple Inc. rose slightly in late trading today after the iPhone maker beat analysts’ expectations in its fiscal 2024 third quarter. For the quarter that ended on June 29, Apple reported adjusted…

Apps

Apple asks court to dismiss Justice Department’s antitrust lawsuit

By Maria Deutscher Aug 1, 2024

Apple Inc. has requested the dismissal of a Justice Department lawsuit that alleges its business practices in the smartphone market breach antitrust rules. The iPhone maker filed its motion today with the federal court…

Infra

Mobileye shares drop on lowered full-year guidance

By Maria Deutscher Aug 1, 2024

Mobileye Global Inc. today reported better-than-expected results for the second quarter, but lowered its full-year guidance on account of a slowdown in demand for its vehicle chips. Shares of the Intel Corp. unit tumbled…

Cloud

Enhancements for Microsoft Purview expand capabilities for data governance and security

By Mark Albertson Aug 1, 2024

Microsoft Corp. has announced general availability for its Microsoft Purview Data Governance solution, and it has deployed new innovations to help business users manage the growing challenges associated with a vast data landscape. “The…

AI

AI networking: Juniper Networks seizes the opportunity to broaden the conversation around AIOps

By Mark Albertson Aug 1, 2024

A decision by Juniper Networks Inc. to build its product offerings around artificial intelligence-native networking has positioned it to have a say in the future of AI infrastructure. The company’s expansion of AI across…

Cloud

Strategic shift: Snowflake co-founder Benoit Dageville on embracing open standards with open-source Polaris

By Victor Dabrinze Aug 1, 2024

Snowflake Inc. is navigating a pivotal shift in the data landscape with its ambitious move to evolve the Snowflake Data Platform into an AI data cloud. The company’s strategic dilemma has centered on balancing…

Infra

The platformization of Tanzu: From Kubernetes to full-fledged application toolbox

By Victor Dabrinze Aug 1, 2024

As the new wave of cloud and artificial intelligence takes hold, digital products are evolving to become more complex and expansive. In response, the application platforms powering those products are experiencing similar growth. One…

Infra

EU regulators unconditionally approve HPE’s acquisition of Juniper Networks

By Maria Deutscher Aug 1, 2024

The European Union has unconditionally approved Hewlett Packard Enterprise Co.’s proposed acquisition of Juniper Networks Inc. for $14 billion. The European Commission, the EU’s executive arm, announced the decision today. The move is not…

Apps

Open-source startup FOSSA acquires developer tool community StackShare

By Kyt Dotson Aug 1, 2024

FOSSA Inc., an open-source compliance and security platform, today announced it has acquired the developer tool community platform StackShare for an undisclosed amount, bringing on board 1.5 million registered users. As a software company, Fossa…

all stories

Snap shares plunge 18% on revenue shortfall and lower-than-expected guidance

Apple beats analysts’ expectations thanks to strong iPhone and iPad sales

Apple asks court to dismiss Justice Department’s antitrust lawsuit

Mobileye shares drop on lowered full-year guidance

AI networking: Juniper Networks seizes the opportunity to broaden the conversation around AIOps

The platformization of Tanzu: From Kubernetes to full-fledged application toolbox

EU regulators unconditionally approve HPE’s acquisition of Juniper Networks

Open-source startup FOSSA acquires developer tool community StackShare

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