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Policy

Google details changes for compliance with EU’s Digital Markets Act

By James Farrell Mar 5, 2024

With the European Union’s Digital Markets Act coming into effect this week, Google LLC, one of the designated gatekeepers, has had to get busy making a slew of changes to how it does business…

Cloud

AWS follows Google Cloud in canceling egress fees, allowing customers to leave its cloud platform for free

By Mike Wheatley Mar 5, 2024

Amazon Web Services Inc. says it will no longer charge customers so-called “egress fees” when they want to move large amounts of data out of its cloud, meaning they can now migrate to another…

Big Data

Couchbase’s revenue grows 20% and its stock rises in extended trading

By Mike Wheatley Mar 5, 2024

Cloud database company Couchbase Inc. reported a 20% increase in its fourth-quarter revenue today, beating Wall Street’s expectations and sending its stock up more than 10% in extended trading. The company reported a fourth-quarter…

Cloud

Box delivers over $1B in annual revenue as AI momentum accelerates, sending stock higher

By Mike Wheatley Mar 5, 2024

Shares of the cloud content management company Box Inc. rose in extended trading today after it posted solid financial results, delivering its first-ever $1 billion fiscal year and announcing a new, $100 million share-buyback program.…

Security

Alphabet’s CapitalG backs DTEX Systems with $50M to strengthen insider threat protection

By Duncan Riley Mar 5, 2024

Insider risk management company DTEX Systems Inc. today announced that it has raised $50 million in new funding from CapitalG Management Co. LLC, the independent growth fund of Alphabet Inc., to grow its go-to-market…

Cloud

HashiCorp reports earnings beat but issues weak outlook

By Duncan Riley Mar 5, 2024

Shares in Hashicorp Inc. declined slightly in late trading today after the cloud infrastructure automation company reported earnings and revenue beats in its fiscal 2024 fourth quarter but fell short on outlook for its…

Cloud

Accenture acquires Udacity and introduces new technology training service

By Maria Deutscher Mar 5, 2024

Professional services company Accenture plc today announced that it’s acquiring Udacity Inc., a venture-backed startup with a popular online learning platform. The deal’s financial terms were not disclosed. After the acquisition closes later this…

Security

CrowdStrike caps earnings surge and stock jumps 24%, as it buys Flow Security

By Duncan Riley Mar 5, 2024

Updated: Shares in CrowdStrike Holdings Inc. surged almost 24% in late trading today after the cybersecurity company reported beats in revenue, earnings and outlook and also announced that it has entered an agreement to acquire cloud…

Cloud

Ubicloud reels in $16M for its open-source cloud platform

By Maria Deutscher Mar 5, 2024

Ubicloud, a startup with an open-source cloud platform powered by bare-metal hardware, has raised $16 million in seed funding to support its growth efforts. TechCrunch reported today that the investment closed in January. It…

AI

Box AI integrates with Microsoft’s Azure OpenAI Service as it becomes generally available

By Mike Wheatley Mar 5, 2024

Cloud content management company Box Inc. is adding yet more artificial intelligence capabilities to its platform, integrating its Box AI offering Microsoft Corp.’s Azure OpenAI Service. Announced today, the integration will enable OpenAI’s most…

explore news

Google details changes for compliance with EU’s Digital Markets Act

Box delivers over $1B in annual revenue as AI momentum accelerates, sending stock higher

Alphabet’s CapitalG backs DTEX Systems with $50M to strengthen insider threat protection

CrowdStrike caps earnings surge and stock jumps 24%, as it buys Flow Security

Ubicloud reels in $16M for its open-source cloud platform

Box AI integrates with Microsoft’s Azure OpenAI Service as it becomes generally available

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