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Big Data

Confluent’s stock gets hammered on weak revenue guidance

By Mike Wheatley Nov 1, 2023

Shares of the big-data software company Confluent Inc. took a pounding in the after-hours trading session today, losing more than a third of its value in response to light revenue guidance for the coming…

Cloud

Fastly shares surge as cloud platform provider reports record quarterly revenue

By Duncan Riley Nov 1, 2023

Shares in Fastly Inc. surged by nearly 13% in late trading after the edge cloud platform provider reported earnings and revenue beats in its most recent quarter and a record quarterly level of revenue.…

Infra

Qualcomm points to signs of recovery in smartphone sales, sending its stock higher

By Mike Wheatley Nov 1, 2023

Smartphone chipmaker Qualcomm Inc. today reported fiscal fourth-quarter financial results that surpassed analysts’ expectations, offered strong guidance for the current quarter, and talked up its prospects in artificial intelligence, sending its stock up more…

Security

Rapid7 shares rise solidly on earnings and revenue beats

By Duncan Riley Nov 1, 2023

Shares in Rapid7 Inc. rose in after-hours trading today after the cybersecurity solutions provider reported earnings and revenue beats in its most recent quarterly report. For its third quarter that ended Sept. 30, Rapid7…

Policy

28 countries sign Bletchley Declaration on AI safety

By Maria Deutscher Nov 1, 2023

The U.S., the U.K., China and 25 other countries have signed a declaration stressing the need to address the potential risks posed by artificial intelligence. The Bletchley Declaration, as the document is called, was…

AI

Unpacking the interplay between generative AI and compute efficiency

By Victor Dabrinze Nov 1, 2023

There’s tremendous hype currently surrounding generative artificial intelligence, both within veteran and enthusiast circles. It’s poised to shake up distributed computing, much like the PC, web and mobile phones that preceded it. In turn, Compute.AI…

AI

Salesforce’s generative AI revolution: Transforming business workflows and data governance

By Alice Gillin Nov 1, 2023

Business dynamics have been severely shaken up by the introduction of generative artificial intelligence. With Salesforce Inc., businesses can customize their workflows and processes with AI, increasing accessibility for nontechnical departments, including sales, marketing,…

AI

Unlocking the power of AI while safeguarding personal data sovereignty

By Alice Gillin Nov 1, 2023

Generative artificial intelligence is one of the biggest trending topics in tech right now, and a lot of that popularity stems from the controversy surrounding it, mainly the ethical issues raised with using the…

Security

Chainguard raises $61M for its ultra-secure software container images

By Maria Deutscher Nov 1, 2023

Chainguard Inc., a startup that provides highly secure versions of open-source software tools, today announced that it has raised $61 million in funding. Spark Capital led the Series B round. It was joined by…

Infra

Extreme Networks tops earnings expectations, but stock drops on weak guidance

By Maria Deutscher Nov 1, 2023

Shares of Extreme Networks Inc. plunged more than 16% today after the company posted stronger-than-expected quarterly earnings, but shared financial guidance that fell short of the consensus estimate. Nasdaq-listed Extreme Networks makes switches and routers…

the latest

Confluent’s stock gets hammered on weak revenue guidance

Fastly shares surge as cloud platform provider reports record quarterly revenue

Qualcomm points to signs of recovery in smartphone sales, sending its stock higher

Rapid7 shares rise solidly on earnings and revenue beats

28 countries sign Bletchley Declaration on AI safety

Chainguard raises $61M for its ultra-secure software container images

Extreme Networks tops earnings expectations, but stock drops on weak guidance

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