Page 1726 – SiliconANGLE

Emerging Tech

Lyft shares tank on larger-than-expected loss, weak guidance

By Duncan Riley Feb 9, 2023

Shares in Lyft Inc. tanked in late trading after the ride-hailing company reported a much larger-than-expected loss and delivered guidance below analysts’ expectations. For the fourth quarter that ended Dec. 31, Lyft reported an…

Security

Amid economic concerns and layoffs, Cloudflare, Qualys and CyberArk report mixed earnings

By Duncan Riley Feb 9, 2023

Amid broad concerns for the global economy and tech layoffs, cybersecurity-related firms Cloudflare Inc., Qualys Inc. and CyberArk Software Ltd. reported a wide mix of earnings results today. Cloudflare led the pack, reporting earnings…

Big Data

Alteryx’s stock jumps on rapid revenue growth and confident outlook

By Mike Wheatley Feb 9, 2023

Shares of the big-data firm Alteryx Inc. rose more than 9% in extended trading today after it revealed that its revenue grew by 73% in the fourth quarter. It also offered solid guidance for…

Cloud

Yahoo will lay off 1,600+ workers as part of ad unit restructuring initiative

By Maria Deutscher Feb 9, 2023

Yahoo Inc. will lay off more than 1,600 employees, or about 20% of its workforce, as part of an effort to streamline its unprofitable advertising technology business. The news was first reported by Axios…

Policy

Meta completes Within Unlimited acquisition after winning antitrust case

By Maria Deutscher Feb 9, 2023

Meta Platforms Inc. on Wednesday completed its acquisition of virtual reality startup Within Unlimited Inc. after winning a high-profile antitrust lawsuit focused on the deal. The acquisition reportedly valued Within at $400 million. Previously,…

Apps

Cloudflare unveils Wildebeest, a Mastodon-compatible server hosted on its Supercloud

By Kyt Dotson Feb 9, 2023

With the Mastodon social network and the Fediverse becoming such a hot topic recently, Cloudflare Inc. is coming to the rescue of people who want to join the network by running their own server…

Cloud

GitHub and GitLab announce job cuts

By Maria Deutscher Feb 9, 2023

Microsoft Corp.’s GitHub unit and publicly traded rival GitLab Inc. today both announced layoffs, disclosing plans to let go 10% and 7% of their respective workforces. Neither company specified the exact number of affected…

Blockchain

Digital asset protection startup Coincover raises $30M to protect against hacks or human error

By Kyt Dotson Feb 9, 2023

Coincover, a provider of crypto asset protection and recovery alongside theft insurance, today announced that it has secured $30 million in a round led by Foundation Capital. Founded in 2018, the startup addresses security…

Security

The big game is big business – for threat actors too

By Mike Spanbauer Feb 9, 2023

The numbers surrounding the National Football League’s Super Bowl LVII Sunday in Arizona are staggering. More than $150 million in bets will be placed, the host city will see upwards of $400 million in…

Cloud

Google launches Immersive Stream for XR to power extended reality experiences from the cloud

By Mike Wheatley Feb 9, 2023

Google Cloud is looking to power high-quality photorealistic augmented reality experiences for millions of mobile devices with the general availability of its Immersive Stream for XR service. Announced today, Immersive Stream for XR is…

explore news

Lyft shares tank on larger-than-expected loss, weak guidance

Amid economic concerns and layoffs, Cloudflare, Qualys and CyberArk report mixed earnings

Alteryx’s stock jumps on rapid revenue growth and confident outlook

Yahoo will lay off 1,600+ workers as part of ad unit restructuring initiative

Meta completes Within Unlimited acquisition after winning antitrust case

GitHub and GitLab announce job cuts

Digital asset protection startup Coincover raises $30M to protect against hacks or human error

The big game is big business – for threat actors too

Google launches Immersive Stream for XR to power extended reality experiences from the cloud

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