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AI

RedBrick AI raises $4.6M to ease AI development in the healthcare sector

By Maria Deutscher Nov 23, 2022

Zantula Inc., an artificial intelligence startup that does business as RedBrick AI, has secured $4.6 million in seed funding to support business growth initiatives. RedBrick AI announced the funding round today. The lead investor…

Blockchain

Sam Bankman-Fried speaks out about FTX’s dramatic collapse in internal employee letter

By Kyt Dotson Nov 23, 2022

Sam Bankman-Fried, the disgraced founder and former chief executive of FTX Trading Ltd., apologized to the employees in an internal letter this week explaining why the cryptocurrency exchange failed under his command. According to…

Security

New Black Basta ransomware campaign is actively targeting US companies

By Duncan Riley Nov 23, 2022

Cybersecurity technology company Cybereason Inc. today issued a warning that an aggressive new ransomware campaign from the Black Basta ransomware group is targeting U.S. companies. Black Basta first emerged in April and is believed…

Cloud

Why a recession is great for companies with high cloud computing bills

By Kris Bliesner Nov 22, 2022

Finding ways to save money on cloud computing bills is advantageous in any economic climate. But it’s an especially smart initiative to undertake during economic downturns. The reason is not just that businesses often…

Security

Report warns of urgent need to address cybersecurity in offshore oil and gas infrastructure

By Duncan Riley Nov 22, 2022

A recent report from the U.S. Government Accountability Office warns that there’s an urgent need to address cybersecurity risks to offshore oil and gas infrastructure. The findings came after GAO was asked to review…

Cloud

VMware’s earnings and revenue fall short of Wall Street’s expectations

By Mike Wheatley Nov 22, 2022

VMware Inc.’s stock fell slightly in after-hours trading today after it reported lower-than-expected earnings and revenue in what is likely to be one of its final earnings calls as a publicly traded company. The…

Cloud

Autodesk shares drop on lower-than-expected outlook

By Duncan Riley Nov 22, 2022

Shares in Autodesk Inc. dropped in late trading after the computer-aided design software company issued a lower-than-expected outlook in its latest earnings report. For the third quarter that ended Oct. 31, Autodesk reported earnings before costs…

Infra

HP to cut 10% of its staff in wake of PC market slowdown

By Mike Wheatley Nov 22, 2022

HP Inc. today announced plans to cut up to 10% of its global workforce as it struggles to deal with a massive slump in demand for personal computers that will likely continue well into…

Apps

Elon Musk tells staff he’s now hiring and talks about a Twitter HQ in Texas

By James Farrell Nov 22, 2022

Twitter Inc.’s harried Chief Executive Elon Musk just held a meeting with what’s left of his staff, telling them he’s on the lookout for new employees. The all-hands meeting happened on Monday at Twitter’s…

Big Data

High-performance computing advances: Ohio State University scholar and professor weighs in

By Henrietta Vogt Nov 22, 2022

Dhabaleswar Panda (pictured), professor and university distinguished scholar at The Ohio State University, has worked on many things, having developed the MVAPICH (High Performance MPI and PGAS over InfiniBand, Omni-Path, iWARP and RoCE) libraries with…

explore news

RedBrick AI raises $4.6M to ease AI development in the healthcare sector

Sam Bankman-Fried speaks out about FTX’s dramatic collapse in internal employee letter

New Black Basta ransomware campaign is actively targeting US companies

Report warns of urgent need to address cybersecurity in offshore oil and gas infrastructure

VMware’s earnings and revenue fall short of Wall Street’s expectations

HP to cut 10% of its staff in wake of PC market slowdown

Elon Musk tells staff he’s now hiring and talks about a Twitter HQ in Texas

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