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Cloud

RingCentral makes progress toward profitability, but light guidance sends stock lower

By Mike Wheatley Feb 20, 2024

Shares of the cloud telephony software provider RingCentral Inc. were trending lower in the extended trading session today, following a somewhat disappointing forecast. Although it beat expectations on earnings and revenue in its latest…

Big Data

Amplitude shares drop on mixed quarterly results and lower-than-expected outlooks

By Duncan Riley Feb 20, 2024

Amplitude Inc. shares fell over 16% in after-hours trading today after the behavior-tracking firm reported mixed results in its fourth quarter and fell short on quarterly and full-year outlooks. For the quarter that ended Dec.…

Security

Palo Alto Networks’ strong quarterly performance overshadowed by outlook concerns

By Duncan Riley Feb 20, 2024

Shares of Palo Alto Networks Inc. plunged just over 20% in late trading today after the network management and security firm offered lower-than-expected guidance for revenue and earnings in its latest earnings report. For…

Infra

Report: Microsoft developing custom network card for its GPU servers

By Maria Deutscher Feb 20, 2024

Microsoft Corp.’s engineers are working on a custom network card for its data centers, The Information reported today. A source told the publication that the development effort could take more than a year. The…

Security

Menlo Security brings critical security capabilities to the browser

By Zeus Kerravala Feb 20, 2024

Historically, threat actors would work diligently to hack through next-generation firewalls, endpoint detection systems and other traditional security tools — something that takes significant work and is often for nothing, since perimeter security is…

Security

Authorities arrest two LockBit members, disrupt ransomware group’s infrastructure

By Maria Deutscher Feb 20, 2024

An international law enforcement task force has arrested two LockBit members, disrupted the ransomware-as-a-service gang’s infrastructure and released a file decryption tool for victims. The task force, which included authorities from 11 countries, disclosed…

AI

Inside emerging AI topics, from new investment to open-source models

By Victor Dabrinze Feb 20, 2024

The artificial intelligence industry is ferociously meeting the hype with innovation. Covering every base, there’s considerable economic investment to match technological expansions in emerging AI, such as OpenAI Inc.’s new text-to-video model, Sora. Another…

AI

Bioptimus nabs $35M to accelerate biology research with AI

By Maria Deutscher Feb 20, 2024

Bioptimus, a French artificial intelligence startup led by former DeepMind researchers, launched today with $35 million in seed funding. Healthcare-focused venture capital firm Sofinnova Partners led the investment. It was joined by more than…

Apps

Multiplayer launches collaborative software development tool into public beta

By Kyt Dotson Feb 20, 2024

Multiplayer Software Inc., the developer of a collaborative tool for the software design of backend systems, announced today the launch of its development software into public beta mode. Although the company name brings to…

AI

AI hardware startup Recogni raises $102M for self-driving solutions

By Kyt Dotson Feb 20, 2024

Recogni Inc., a startup developing artificial intelligence hardware for autonomous vehicles, today announced that it has raised $102 million in a funding round co-led by Celesta Capital and GreatPoint Ventures. The Series C round…

explore news

Amplitude shares drop on mixed quarterly results and lower-than-expected outlooks

Palo Alto Networks’ strong quarterly performance overshadowed by outlook concerns

Report: Microsoft developing custom network card for its GPU servers

Menlo Security brings critical security capabilities to the browser

Authorities arrest two LockBit members, disrupt ransomware group’s infrastructure

Inside emerging AI topics, from new investment to open-source models

Bioptimus nabs $35M to accelerate biology research with AI

Multiplayer launches collaborative software development tool into public beta

AI hardware startup Recogni raises $102M for self-driving solutions

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