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Blockchain

Update: Binance nixes deal to acquire FTX after crypto liquidity crisis

By Kyt Dotson Nov 8, 2022

Updated: Binance Holdings Ltd., the world’s largest cryptocurrency exchange, Wednesday reversed itself and said it’s nixing a tentative agreement to acquire competitor Sam Bankman-Fried’s FTX for an undisclosed amount. “Our hope was to be…

Blockchain

Report: Crypto exchange FTX withdrawals falter amid Binance-led token selloff

By Kyt Dotson Nov 8, 2022

Cryptocurrency exchange FTX Trading Ltd. reportedly stopped processing withdrawals of certain currencies earlier this morning, according to a report from The Block amid a massive sale of the exchange’s native FTT tokens by competitor…

Cloud

Stravito Scrapbook feature compiles pages from presentations and reports

By Duncan Riley Nov 8, 2022

Knowledge management startup Stravito AB today launched a new feature called Scrapbook that allows individuals to pick and mix the most relevant insights from multiple reports to create one comprehensive story. Founded in 2017, Stravito offers…

Cloud

Equinix debuts highly distributed, low-latency bare metal deployment option for VMware Cloud

By Mike Wheatley Nov 8, 2022

Data center infrastructure firm Equinix Inc. said today it’s partnering with virtualization software giant VMware Inc. to give enterprises a new, bare metal deployment option for VMware Cloud. The new offering is called VMware Cloud…

Cloud

VMware targets remote workers with beefed-up SD-WAN client

By Paul Gillin Nov 8, 2022

Targeting the more than 25 million people who are now working primarily from home in the U.S. alone, VMware Inc. today announced a new client for use in software-defined wide-area network scenarios that it…

Emerging Tech

PitchBook: Late-stage venture capital valuations fall from 2021 highs

By Duncan Riley Nov 8, 2022

A new report from PitchBook Data Inc. finds that median and average late-stage venture capital valuations took a significant hit in the third quarter, a quick fall after the rapid rise seen in 2021.…

Policy

Twitter users will get banned for impersonating others if they don’t label their accounts as parody

By James Farrell Nov 7, 2022

A lot has gone on since Elon Musk took over Twitter Inc., and today he introduced a new platform policy that seemed to surprise various parts of the media and public. “Going forward, any…

Cloud

Exotanium raises $12M to optimize cloud efficiency while reducing costs by up to 90%

By Mike Wheatley Nov 7, 2022

Cloud resource optimization startup Exotanium Inc. said today it has secured the funds it needs to support its future product roadmap after closing on a $12 million Series A round of funding led by…

Cloud

Weak guidance sends Five9’s stock down in after-hours trading

By Mike Wheatley Nov 7, 2022

Call center software provider Five9 Inc.’s stock took a hammering in after-hours trading today after the company provided weak guidance for the coming quarter and full year. The company did quite well in the…

Cloud

DigitalOcean’s weak outlook raises concerns of cloud computing slowdown

By Mike Wheatley Nov 7, 2022

Developer-focused cloud computing infrastructure provider DigitalOcean Holdings Inc. beat expectations today as it posted its third quarter financial results, but tepid guidance suggests it’s not immune to weakness in the public cloud market. The…

all stories

Update: Binance nixes deal to acquire FTX after crypto liquidity crisis

Report: Crypto exchange FTX withdrawals falter amid Binance-led token selloff

Equinix debuts highly distributed, low-latency bare metal deployment option for VMware Cloud

VMware targets remote workers with beefed-up SD-WAN client

PitchBook: Late-stage venture capital valuations fall from 2021 highs

Twitter users will get banned for impersonating others if they don’t label their accounts as parody

Weak guidance sends Five9’s stock down in after-hours trading

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