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FTX founder Sam Bankman-Fried convicted on all seven counts in fraud and conspiracy trial

By Mike Wheatley Nov 2, 2023

Sam Bankman-Fried, co-founder of the now defunct cryptocurrency exchange FTX Trading Ltd., has been found guilty on all seven counts in his federal trial on fraud and conspiracy charges. The jury deliberated for just…

Cloud

Atlassian shares slide on widening loss in latest quarter

By Duncan Riley Nov 2, 2023

Shares in Atlassian Corp. fell about 10% in after-hours trading today after the Australian collaboration software company reported a widening loss in its latest quarter report. For its fiscal first quarter ending Sept. 30,…

Security

Fortinet announces restructuring as revenue and outlook fall short

By Duncan Riley Nov 2, 2023

Shares in Fortinet Inc. fell by as much as 17% in late trading today after it came up short on revenue and outlook and announced a company restructuring to sharpen its focus on core…

Apps

Apple beats expectations but declining revenue and weak guidance weighs on stock

By Mike Wheatley Nov 2, 2023

Apple Inc. delivered fiscal fourth-quarter earnings and revenue today that topped analysts’ expectations, but its overall sales declined for a fourth successive quarter. Each of its hardware businesses outside of iPhone struggled, and executives…

Security

Despite earnings and revenue beats, Cloudflare shares fall on outlook miss

By Duncan Riley Nov 2, 2023

Shares in Cloudflare Inc. fell about 5% in late trading today after the content delivery network company reported earnings and revenue beats but missed on revenue guidance in its latest quarterly report. For its third…

Security

Microsoft launches internal initiative to make its products more secure

By Maria Deutscher Nov 2, 2023

Microsoft Corp. today announced the Secure Future Initiative, a broad internal effort aimed at increasing the security of its products. The first goal of the project is to reduce the chance that code vulnerabilities…

AI

AI requires going beyond reinventing the wheel for a seamless experience

By Brian Njuguna Nov 2, 2023

With artificial intelligence becoming a commodity as enterprises realize they have to incorporate this cutting-edge technology, compatibility is of the essence. And that’s true from the cultural to the hardware approach, as well as…

Big Data

Palantir shares jump on expectation-topping earnings and raised guidance

By Maria Deutscher Nov 2, 2023

Shares of Palantir Technologies Inc. jumped more than 20% today after it posted third-quarter revenue and earnings that topped analyst expectations. Palantir launched in 2003 to provide software for the intelligence community. Its flagship…

AI

The historical roots, present challenges and future possibilities of AI

By Victor Dabrinze Nov 2, 2023

Artificial intelligence has deep historical roots dating back several decades, and in the early days, the focus was on improving accessibility, enhancing safety and bridging cultural divides. The breakthroughs we’re seeing in the field…

AI

From convergence to transformation: Gen AI’s impact on business speed

By Brian Njuguna Nov 2, 2023

Generative artificial intelligence is proving to be a game-changer that is complementing other technologies to give enterprises faster and more optimal results, according to Scott Likens, global AI and innovation technology leader at PricewaterhouseCoopers…

the latest

FTX founder Sam Bankman-Fried convicted on all seven counts in fraud and conspiracy trial

Atlassian shares slide on widening loss in latest quarter

Fortinet announces restructuring as revenue and outlook fall short

Apple beats expectations but declining revenue and weak guidance weighs on stock

Despite earnings and revenue beats, Cloudflare shares fall on outlook miss

Microsoft launches internal initiative to make its products more secure

Palantir shares jump on expectation-topping earnings and raised guidance

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