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Cloud

Planning startup Pigment raises $65M for product development and expansion

By Duncan Riley Sep 29, 2022

Business planning platform startup Pigment SAS said today it has raised $65 million in new funding for product and customer development and expansion in the U.S. IVP and Meritech Capital led the Series B+ round. Including the new…

Infra

Micron to slash spending on new chipmaking gear by 50% to counter ‘unprecedented’ oversupply

By Mike Wheatley Sep 29, 2022

Reporting its fiscal fourth-quarter earnings today,Micron Technology Inc. warned investors that it’s planning to take drastic measures by scaling back on plans to build out production capacity amid what it called an “unprecedented” market downturn.…

Security

New cross-platform Chaos malware targets servers, routers and FreeBSD boxes

By Duncan Riley Sep 29, 2022

A newly discovered form of cross-platform malware has been found in the wild infecting Linux and Windows devices, including servers, routers and FreeBSD boxes. Detailed Wednesday by researchers at Black Lotus Labs, the threat intelligence…

Apps

Former eBay execs sentenced to prison for bizarre cyberstalking campaign

By Duncan Riley Sep 29, 2022

Two former eBay Inc. executives were sentenced to prison today for their roles in a bizarre cyberstalking campaign against a couple who had been critical of the company. Six now-former eBay employees were arrested…

Apps

Zuckerberg announces Meta hiring freeze, expects headcount to be lower in 2023

By Duncan Riley Sep 29, 2022

Meta Platforms Inc., the parent company of Facebook, has become the latest tech company to announce a hiring freeze, with Chief Executive Officer Mark Zuckerberg telling staff that he expects the company to be…

Cloud

AWS enhances Amazon Workspaces with new virtual desktop features

By Maria Deutscher Sep 29, 2022

Amazon Web Services Inc. today updated Amazon Workspaces, its desktop virtualization suite, with new features that will enable customers to use the offering in more ways. Workspaces enables companies to create cloud-based virtual desktops…

Cloud

Google to shutter game streaming service Stadia in January

By Kyt Dotson Sep 29, 2022

Google LLC is shutting down Stadia, its cloud-based game streaming service, which will wind down on Jan. 18. “While Stadia’s approach to streaming games for consumers was built on a strong technology foundation, it…

AI

Meta debuts AI system that can generate videos from text

By Maria Deutscher Sep 29, 2022

Meta Platforms Inc. today debuted Make-A-Video, an internally developed artificial intelligence system that can generate brief videos based on text prompts. Make-A-Video can take a few words or lines of text as input and…

AI

UiPath on existential mission: Evolve from RPA tool to enterprise platform

By Betsy Amy-Vogt Sep 29, 2022

Four themes dominated the day one keynote at UiPath Forward 5 in Las Vegas, according to theCUBE analysts. The first three were how RPA is going from a tool to a way of operating…

Big Data

Data management provider Aiven acquires Kafka startup Kafkawize

By Maria Deutscher Sep 29, 2022

Aiven Ltd., a startup that provides managed cloud versions of open-source data management tools, has acquired fellow startup Kafkawize Technology Solutions. Aiven announced the deal today. Financial terms were not disclosed. The acquisition comes…

the latest

Micron to slash spending on new chipmaking gear by 50% to counter ‘unprecedented’ oversupply

New cross-platform Chaos malware targets servers, routers and FreeBSD boxes

Former eBay execs sentenced to prison for bizarre cyberstalking campaign

Zuckerberg announces Meta hiring freeze, expects headcount to be lower in 2023

AWS enhances Amazon Workspaces with new virtual desktop features

Meta debuts AI system that can generate videos from text

UiPath on existential mission: Evolve from RPA tool to enterprise platform

Data management provider Aiven acquires Kafka startup Kafkawize

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