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Emerging Tech

Apple spends $450M ahead of Emergency SOS launch later this month

By Duncan Riley Nov 10, 2022

Apple Inc. today announced that its emergency satellite-based SOS feature for iPhone 14 models will be available later this month in the U.S. and Canada after it invested $450 million to enable the feature. First…

Apps

Strong user growth helps gamified learning app Duolingo beat expectations

By Mike Wheatley Nov 10, 2022

Language learning platform Duolingo Inc. managed to beat Wall Street’s expectations for its third-quarter financial results, but its stock fell slightly in after-hours trading. The company reported a loss before certain costs such as…

Apps

As more staff jump ship, Musk warns Twitter could go bankrupt

By Duncan Riley Nov 10, 2022

Elon Musk has warned that Twitter faces the possibility of bankruptcy amid ongoing turmoil and staff resignations two weeks after he took control of the microblogging company. Speaking at an all-hands meeting today, Musk…

Emerging Tech

D-Wave reports strong revenue growth as it expands its customer base

By Mike Wheatley Nov 10, 2022

Quantum computing systems maker D-Wave Systems Inc. displayed strong revenue growth today but its third-quarter financial results were mixed, as it fell short of Wall Street’s earnings targets. The company, an early pioneer in…

Cloud

Expensify shares fall on earnings and revenue miss

By Duncan Riley Nov 10, 2022

Shares of Expensify Inc. dropped in late trading after the payments provider missed on both earnings and revenue in its fiscal third quarter. For the quarter that ended Sept. 30, Expensify reported a loss of 10…

Cloud

Iterable extends its marketing platform with new automation features

By Maria Deutscher Nov 10, 2022

Iterable Inc. today updated its cloud-based marketing platform with new features designed to help brands more easily deliver personalized offers to customers. San Francisco-based Iterable is backed by more than $340 million in funding…

Cloud

Snowflake gets caught in the storm clouds

By Dave Vellante Nov 10, 2022

A better-than-expected earnings report in late August got people excited about Snowflake Inc. again, but the negative sentiment in the market has weighed heavily on virtually all growth tech stocks. Snowflake is no exception.…

Cloud

Ordergroove reels in $100M for its e-commerce subscription platform

By Maria Deutscher Nov 10, 2022

Ordergroove Inc., a startup that helps online retailers sell merchandise on a subscription basis, has closed a $100 million funding round led by Primus Capital Partners. The New York-based startup announced the investment today. It…

Infra

Dell refreshes its PowerEdge server systems with models powered by AMD’s EPYC Genoa CPUs

By Mike Wheatley Nov 10, 2022

Dell Technologies Inc. has announced a revamped lineup of PowerEdge servers that will be powered by Advanced Micro Devices Inc.’s 4th Gen EPYC Genoa central processing units. The latest generation of AMD’s EPYC chips…

Cloud

CloudTruth raises $2.4M to help DevOps teams manage cloud configurations

By Kyt Dotson Nov 10, 2022

DevSecOps platform startup CloudTruth today announced it has raised $2.4 million in new funding to scale up its cloud configuration product for development and operations teams. CloudTruth also announced that Christian Tate, an industry…

the latest

Apple spends $450M ahead of Emergency SOS launch later this month

Strong user growth helps gamified learning app Duolingo beat expectations

As more staff jump ship, Musk warns Twitter could go bankrupt

D-Wave reports strong revenue growth as it expands its customer base

Iterable extends its marketing platform with new automation features

Ordergroove reels in $100M for its e-commerce subscription platform

Dell refreshes its PowerEdge server systems with models powered by AMD’s EPYC Genoa CPUs

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