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AI

Google Cloud brings major AI-enabled feature updates to BigQuery and AlloyDB

By Kyt Dotson Feb 29, 2024

Google LLC’s cloud division today rolled out major milestone feature updates to its analytical and database engines BigQuery and AlloyDB that blur the lines between the roles of data and artificial intelligence. Google Cloud…

Cloud

Oracle’s autonomous database goes distributed and global

By Paul Gillin Feb 29, 2024

Oracle Corp. announced today that its Globally Distributed Autonomous Database is generally available. Aimed at customers that have strict data sovereignty requirements, usually because of regulations, the product has all the features of the…

Cloud

Quantive unveils AI-driven strategy platform to enhance business decision making

By Duncan Riley Feb 29, 2024

Strategy execution platform startup Quantive USA Inc. today announced the launch of a new artificial intelligence platform that brings together the data, technology and expertise to help organizations turn their strategic ambitions into reality within a single…

Policy

Google faces $2.3M lawsuit from dozens of European media companies over ad practices

By James Farrell Feb 28, 2024

A total of 32 European media companies hit Google LLC with a €2.1 billion ($2.3 billion) lawsuit today, alleging that the American search giant’s advertising practices have led to severe financial losses. The companies…

Infra

Pure Storage’s shift to AI and cloud subscriptions pays off with strong earnings beat

By Mike Wheatley Feb 28, 2024

Storage industry pioneer Pure Storage Inc. delivered strong financial results today, with earnings and revenue both coming in ahead of Wall Street’s targets. Moreover, bolstered by an optimistic outlook, Pure Storage’s stock rose more…

Infra

HP shares drop after falling short on revenue in first quarter

By Duncan Riley Feb 28, 2024

Shares in HP Inc. fell more than 3% in late trading today after the personal computer and printer company fell short of expected revenue in its fiscal 2024 first quarter. For HP’s fiscal first…

Infra

Nutanix comfortably beats forecasts despite uncertain macroeconomic backdrop

By Mike Wheatley Feb 28, 2024

Storage infrastructure giant Nutanix Inc. reported solid second-quarter financial results today, and its stock was trading higher in after-hours trading as its revenue forecast for fiscal 2024 topped Wall Street’s expectations. The company reported…

Security

Okta shares surge after reporting strong earnings and revenue growth

By Duncan Riley Feb 28, 2024

Shares in Okta Inc. jumped over 20% in late trading today after the identity and access management company impressed investors with strong earnings and revenue beats in its fiscal fourth quarter. For the quarter…

Cloud

Salesforce reports earnings beat, shares hold steady after-hours

By Duncan Riley Feb 28, 2024

Salesforce Inc. shares remained flat in after-hours trading today after the cloud-based software company reported an earnings beat in its fiscal fourth quarter. For its fiscal fourth quarter ending Jan. 31, Salesforce reported adjusted…

Cloud

Snowflake’s stock tumbles as CEO Frank Slootman steps down and outlook weakens

By Mike Wheatley Feb 28, 2024

Cloud data warehouse company Snowflake Inc. shocked investors today when it announced that its billionaire Chief Executive Frank Slootman will be stepping down immediately, to be replaced by Google LLC’s former ad chief Sridhar…

explore news

Google Cloud brings major AI-enabled feature updates to BigQuery and AlloyDB

Oracle’s autonomous database goes distributed and global

Quantive unveils AI-driven strategy platform to enhance business decision making

Google faces $2.3M lawsuit from dozens of European media companies over ad practices

Pure Storage’s shift to AI and cloud subscriptions pays off with strong earnings beat

HP shares drop after falling short on revenue in first quarter

Nutanix comfortably beats forecasts despite uncertain macroeconomic backdrop

Okta shares surge after reporting strong earnings and revenue growth

Salesforce reports earnings beat, shares hold steady after-hours

Snowflake’s stock tumbles as CEO Frank Slootman steps down and outlook weakens

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