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Security

Edgeless Systems raises $5M for Kubernetes-powered confidential computing

By Maria Deutscher Mar 7, 2023

Edgeless Systems GmbH, a startup using confidential computing technology to make Kubernetes clusters more secure, today announced that it has raised $5 million in funding. SquareOne led the seed funding round. It was joined…

Cloud

SOCi raises $120M to beef up its multi-location marketing platform with AI

By Mike Wheatley Mar 7, 2023

SOCi Inc., the creator of a marketing software platform that’s aimed at multi-location brands, said today it has closed on a bumper $120 million round of funding that it plans to invest in artificial…

Policy

TikTok ban looking more likely as senators push through bipartisan bill

By James Farrell Mar 6, 2023

Two U.S. senators said today that sometime this week, they will introduce a new bill that would make it easier to “ban or prohibit” foreign technology in the U.S., which, if endorsed by the…

Security

Ransomware gang releases data stolen from the City of Oakland

By Duncan Riley Mar 6, 2023

Data stolen in a ransomware attack on the City of Oakland in February has been released online after the city refused to pay the ransom demanded. The ransomware attack occured on Feb. 8, knocking…

Big Data

Domo founder Josh James returns to the company’s hot seat as its new CEO

By Mike Wheatley Mar 6, 2023

Business intelligence software firm Domo Inc. did an about-face today, announcing that founder and former Chief Executive Josh James has returned to the hot seat, replacing outgoing CEO John Mellor. News of Domo’s executive…

Security

CrowdStrike and Dell strategic alliance assists organizations with cyberthreats

By Duncan Riley Mar 6, 2023

CrowdStrike Holdings Inc. and Dell Technologies Inc. today announced a new strategic alliance to assist organizations in preventing, detecting and responding to cyberthreats with frictionless and cost-effective offerings. The new strategic alliance, which includes…

Security

Police arrested two members of DoppelPaymer ransomware group

By Duncan Riley Mar 6, 2023

German and Ukrainian police announced today that they have arrested two individuals believed to be members of the DoppelPaymer ransomware group following raids on multiple locations in February. The operation was part of a multinational…

Infra

Nutanix’s stock slides, despite early results beating expectations

By Mike Wheatley Mar 6, 2023

Shares of Nutanix Inc. were trading lower late today after the company reported preliminary second-quarter financial results that topped Wall Street’s expectations. Nutanix’s stock rose as much as 6% after-hours, only to do a…

Infra

Report: Arm planning $8B+ IPO this year at $50B+ valuation

By Maria Deutscher Mar 6, 2023

Chip designer Arm Ltd. reportedly plans to go public this year with the goal of raising at least $8 billion from investors. Reuters reported Arm’s plans late Sunday, citing sources familiar with the matter.…

Cloud

Qualtrics receives $12.4B buyout offer backed by Silver Lake

By Maria Deutscher Mar 6, 2023

Silver Lake and Canada’s largest pension fund have made a takeover offer for Qualtrics International Inc. that values the company at $12.4 billion. Qualtrics disclosed the bid in a regulatory filing this morning. The…

the latest

SOCi raises $120M to beef up its multi-location marketing platform with AI

TikTok ban looking more likely as senators push through bipartisan bill

Ransomware gang releases data stolen from the City of Oakland

Domo founder Josh James returns to the company’s hot seat as its new CEO

CrowdStrike and Dell strategic alliance assists organizations with cyberthreats

Police arrested two members of DoppelPaymer ransomware group

Nutanix’s stock slides, despite early results beating expectations

Report: Arm planning $8B+ IPO this year at $50B+ valuation

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