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Cloud

Amazon’s stock inches up as cost-cutting measures and AI investment boost AWS profits

By Mike Wheatley Apr 30, 2024

Shares of Amazon.com Inc. rose slightly today after the online retail giant delivered better-than-expected earnings, citing strong growth in the cloud and its advertising business as the main reasons for today’s beat. Amazon reported…

Blockchain

Binance founder CZ given four months for failing to implement anti-money-laundering measures

By Duncan Riley Apr 30, 2024

Changpeng “CZ” Zhao, the founder and former chief executive officer of Binance Holdings Ltd., the world’s largest cryptocurrency exchange, has been sentenced to four months in prison for willfully failing to implement an effective…

Cloud

Subscription growth boosts Commvault’s fourth-quarter revenue by 10%

By Maria Deutscher Apr 30, 2024

Commvault Systems Inc. today reported that it generated $223.3 million in revenue during its fiscal fourth quarter ended March 31, 10% more than the same time a year earlier. The company’s stock closed up 3%…

Security

Network security startup Corelight reels in $150M

By Maria Deutscher Apr 30, 2024

Corelight Inc., a startup using open-source tools to detect malicious traffic in enterprise networks, today disclosed that it has closed a $150 million Series E funding round. Returning backer Accel led the investment. It…

AI

Three insights you might have missed from theCUBE’s coverage of IBM’s ‘Future-Ready Storage’ event

By Mark Albertson Apr 30, 2024

With the integration of artificial intelligence into data management systems, IBM Corp.’s conversation around storage has shifted into a whole new gear. The company made a series of storage announcements during theCUBE and IBM’s…

AI

Amazon launches Q AI assistant alongside an AI app generator

By Kyt Dotson Apr 30, 2024

Amazon Web Services Inc. today made its Amazon Q generative artificial intelligence assistant generally available for developers and business users that will allow them to debug code and automate business tasks. Alongside these announcements, the company also unveiled a new Amazon…

Policy

EU opens probe into Meta over response to disinformation on Facebook and Instagram

By Maria Deutscher Apr 30, 2024

The European Commission, the European Union’s executive branch, today launched a probe to determine if Meta Platforms Inc. may have breached the bloc’s Digital Services Act. The focus is on whether the company may…

Security

The ransomware dilemma: Analyzing the interplay between AI and modern data protection

By Victor Dabrinze Apr 30, 2024

The ransomware goalpost is constantly shifting, leaving gaps that attackers steadily exploit through ransomware. Companies must stay on top of the changing dynamics and continuously evolve their data protection strategies. In a recent survey…

Security

Strengthening cyber resilience: Dell’s next-gen data protection technology

By Chad Wilson Apr 30, 2024

Cyber resilience has emerged as a critical imperative for organizations worldwide, particularly in the face of escalating cyber threats and security breaches. In today’s digital landscape, where news of cyberattacks is a daily occurrence,…

AI

GRC startup LogicGate promises to accelerate safe AI deployments

By Mike Wheatley Apr 30, 2024

Governance, risk and compliance technology startup LogicGate Inc. is looking to cater to enterprises that are concerned their new generative artificial intelligence deployments are going to get them into trouble with regulators. To assuage…

all stories

Binance founder CZ given four months for failing to implement anti-money-laundering measures

Subscription growth boosts Commvault’s fourth-quarter revenue by 10%

Network security startup Corelight reels in $150M

Three insights you might have missed from theCUBE’s coverage of IBM’s ‘Future-Ready Storage’ event

Amazon launches Q AI assistant alongside an AI app generator

EU opens probe into Meta over response to disinformation on Facebook and Instagram

The ransomware dilemma: Analyzing the interplay between AI and modern data protection

Strengthening cyber resilience: Dell’s next-gen data protection technology

GRC startup LogicGate promises to accelerate safe AI deployments

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