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Big Data

Palantir shares decline 11% after mixed third-quarter results

By Maria Deutscher Nov 7, 2022

Shares of Palantir Technologies Inc. declined more than 11% today after the company posted mixed financial results for the third quarter ended Sept. 30. Palantir sells two software products, Gotham and Foundry, that enable…

Apps

OutSystems acquires mobile app development startup Ionic

By Maria Deutscher Nov 7, 2022

Low-code software development specialist OutSystems Inc. today announced that it has acquired Ionic, a startup with a popular suite of tools for building mobile apps. The terms of the acquisition were not disclosed. OutSystems…

Blockchain

Estonian crypto exchange Coinmetro raises $7M to expand operations

By Kyt Dotson Nov 7, 2022

Estonian cryptocurrency exchange Coinmetro said today that it raised 7 million euros, or about $7 million, in a strategic funding round that valued the startup at $180 million. Founded in 2018, Coinmetro operates a…

Emerging Tech

Lidar sensor makers Ouster and Velodyne to merge

By Maria Deutscher Nov 7, 2022

Ouster Inc. and Velodyne Labs Inc., two major suppliers of lidar sensors for autonomous vehicles, today announced plans to merge in an all-stock transaction. Velodyne investors will receive 0.8204 Ouster shares for every share of…

Cloud

Native Python support tops list of new Snowflake features for developers

By Paul Gillin Nov 7, 2022

Cloud data provider Snowflake Inc. today announced it’s adding support for the Python programming language favored by data scientists to its Data Cloud and tightening integration with the collaboration platform it picked up with the…

Blockchain

FTX’s Bankman-Fried addresses insolvency rumors amid Binance’s token selloff

By Kyt Dotson Nov 7, 2022

Cryptocurrency billionaire Sam Bankman-Fried’s crypto exchange FTX Trading Ltd. recently became the target of rumors of insolvency after competitor Binance Holdings Ltd. announced plans to liquidate its entire holdings of FTX’s native FTT tokens.…

Big Data

Graph-relational database startup EdgeDB raises $15M in early-stage funding

By Mike Wheatley Nov 7, 2022

Graph-relational database developer EdgeDB Inc. is gearing up for prime time after closing on a $15 million early-stage round of funding ahead of its official launch early next year. Today’s Series A round was…

Infra

Arista’s continuous integration pipeline brings cloud principles to the network

By Zeus Kerravala Nov 6, 2022

Hot off a “beat and raise” quarter last week, Arista Networks Inc. Nov. 3 announced its continuous integration or CI pipeline for improved network as a service automation. The new service is built on Arista’s recently…

Apps

Apple warns iPhone supplies have been affected by COVID restrictions in China

By Duncan Riley Nov 6, 2022

Apple Inc. today issued a warning that supplies of the iPhone 14 Pro and iPhone 14 Pro Max will be lower than previously anticipated because of COVID-19 restrictions at a factory located in Zhengzhou, China.…

Apps

Meta reportedly will lay off thousands of employees this week

By Duncan Riley Nov 6, 2022

Meta Platforms Inc., the parent company of Facebook, is preparing to lay off thousands of employees in the week starting Monday, according to a report today from The Wall Street Journal. Describing the layoffs…

explore news

Palantir shares decline 11% after mixed third-quarter results

OutSystems acquires mobile app development startup Ionic

Estonian crypto exchange Coinmetro raises $7M to expand operations

Lidar sensor makers Ouster and Velodyne to merge

Native Python support tops list of new Snowflake features for developers

FTX’s Bankman-Fried addresses insolvency rumors amid Binance’s token selloff

Graph-relational database startup EdgeDB raises $15M in early-stage funding

Apple warns iPhone supplies have been affected by COVID restrictions in China

Meta reportedly will lay off thousands of employees this week

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