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Security

Cloud forensics and incident response startup Cado Security raises $20M

By Duncan Riley Mar 9, 2023

Cloud forensics and incident response platform startup Cado Security Ltd. today announced that it has raised $20 million in new funding for further global expansion and product development. Founded in 2020, Cado Security pitches…

Policy

TikTok introduces Project Clover to allay Europe’s spying concerns

By James Farrell Mar 8, 2023

The Chinese social media app TikTok announced today that it’s introducing a new data security plan to address Europe’s fears that the app might be spying for the Chinese Communist Party. The move comes…

Emerging Tech

Uber reportedly considering spinning off its freight business

By Duncan Riley Mar 8, 2023

Uber Technologies Inc. is reportedly considering spinning off its Uber Freight business in a sale or as a publicly traded firm. Bloomberg, referencing people familiar with the matter today, said the spin-off is being…

AI

Google’s PaLM-E embeds vision with ChatGPT-style AI model to power autonomous robots

By Mike Wheatley Mar 8, 2023

Researchers from Google LLC and the Technical University of Berlin this week unveiled an artificial intelligence-powered robot trained on a multimodal embodied visual-language model with more than 562 billion parameters. PaLM-E, as the model…

Blockchain

Silvergate Bank shutting down amid ongoing fallout from FTX collapse

By Duncan Riley Mar 8, 2023

Troubled cryptocurrency financial services provider Silvergate Bank will shut down and its assets will be liquidated following months of ongoing drama in the market following the collapse of crypto exchange FTX Trading Ltd. in November.…

AI

Generative AI startup Anthropic raises another $300M, bringing its value to $4.1B

By Mike Wheatley Mar 8, 2023

Barely a month after raising hundreds of millions of dollars in funding from Google LLC, the San Francisco-based artificial intelligence startup Anthropic has closed on another round of financing that’s said to be worth…

Women in Tech

When ‘no’ is not an option: Perseverance among tech leaders offers inspiration on International Women’s Day

By Mark Albertson Mar 8, 2023

Today’s International Women’s Day is about many things, including gender equality, closing the job opportunity gap and breaking down barriers to career advancement. Yet perhaps more than anything else, IWD is about tales of perseverance. Take…

Cloud

Asana shares surge nearly 30% on strong earnings beat and solid outlook

By Duncan Riley Mar 8, 2023

Shares in Asana Inc. surged nearly 30% in late trading after the work management software company surprised investors with earnings and revenues beats and a mostly better-than-expected outlook. For its fourth quarter that ended Jan. 31,…

Big Data

MongoDB’s stock falls as light revenue outlook overshadows solid earnings beat

By Mike Wheatley Mar 8, 2023

A light revenue forecast for the coming quarter and full year weighed heavily on MongoDB Inc.’s stock in extended trading today, overshadowing what was a strong fourth-quarter earnings and revenue beat. The database company…

Cloud

Vantage reels in $21M to lower companies’ cloud expenses

By Maria Deutscher Mar 8, 2023

Vantage, a cloud cost optimization startup that counts NASA among its customers, has secured $21 million in new funding to finance growth initiatives. Vantage announced the funding round, a Series A investment, this morning.…

the latest

TikTok introduces Project Clover to allay Europe’s spying concerns

Uber reportedly considering spinning off its freight business

Google’s PaLM-E embeds vision with ChatGPT-style AI model to power autonomous robots

Silvergate Bank shutting down amid ongoing fallout from FTX collapse

Generative AI startup Anthropic raises another $300M, bringing its value to $4.1B

When ‘no’ is not an option: Perseverance among tech leaders offers inspiration on International Women’s Day

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