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AI

C3.ai’s stock tumbles on lower forecast and plan to revamp its business model

By Mike Wheatley Aug 31, 2022

Shares of the artificial intelligence software provider C3.ai Inc. crashed in after-hours trading today after the company cut its full-year revenue outlook and announced a major overhaul of its business model in the midst…

Big Data

MongoDB’s stock falls hard on lower profit forecast

By Mike Wheatley Aug 31, 2022

Database software firm MongoDB Inc. might feel a bit hard done by today after posting financial results that easily beat Wall Street’s expectations, only to see its stock fall hard and fast after warning…

Security

Hacking campaign uses infected James Webb Telescope image

By Duncan Riley Aug 31, 2022

A newly discovered hacking campaign is exploiting an image from the James Webb Telescope to infect targets with malware. Detailed today by researchers at Securonix Inc. and dubbed “GO#WEBBFUSCATOR,” the campaign leverages a deep field…

Infra

Arm sues Qualcomm for breach of contract, trademark infringement over Nuvia chips

By Duncan Riley Aug 31, 2022

Chipmaker Arm Ltd. today filed a lawsuit against Qualcomm Inc. alleging breach of contract and trademark infringement concerning designs from Nuvia, the chip startup Qualcomm acquired for $1.4 billion in January 2021. In the…

Infra

Data center providers Nutanix and Pure Storage surprise Wall Street with solid earnings

By Mike Wheatley Aug 31, 2022

Data center infrastructure firms Nutanix Inc. and Pure Storage Inc. showed their resilience today, with both companies delivering financial results that surpassed Wall Street’s expectations. They also offered strong guidance for the next three…

IoT

Increasing demand drives revenue growth at IoT platform provider Samsara

By Duncan Riley Aug 31, 2022

“Internet of things” cloud platform provider Samsara Inc. reported higher-than-expect revenue in its second quarter thanks to increasing demand for its services. For the quarter, which ended July 30, Samsara reported a net loss…

Security

SentinelOne and Okta deliver earnings beat but Auth0 integration sees Okta shares plunge

By Duncan Riley Aug 31, 2022

SentinelOne Inc. and Okta Inc. reported earnings beats and better-than-expected forecasts in their latest quarters, but problems with the integration of Auth0 Inc. saw Okta shares plunge in late trading. For its second quarter ended July 31,…

Cloud

Expedient’s ‘Cloud Different’ approach accelerates multicloud journey

By Alice Gillin Aug 31, 2022

The pandemic accelerated businesses everywhere on their digital journeys, prompting most of these leaders headfirst into cloud solutions to handle their data, security and commerce needs. With a multicloud approach to these solutions, organizations…

Cloud

Microsoft makes Azure Managed Grafana generally available

By Maria Deutscher Aug 31, 2022

Microsoft Corp. today announced the general availability of Azure Managed Grafana, a cloud service that enables companies to detect technical issues in their technology infrastructure. Azure Managed Grafana is based on the open-source Grafana…

Cloud

VMware CEO weighs in on Broadcom acquisition, multicloud and why supercloud is the future

By Betsy Amy-Vogt Aug 31, 2022

In theCUBE’s breakdown of day one at VMware Explore, theCUBE analysts John Furrier and Dave Vellante speculated that Broadcom Inc. chief executive officer Hock E. Tan may have “bought more than they thought” with…

explore news

C3.ai’s stock tumbles on lower forecast and plan to revamp its business model

MongoDB’s stock falls hard on lower profit forecast

Hacking campaign uses infected James Webb Telescope image

Arm sues Qualcomm for breach of contract, trademark infringement over Nuvia chips

Data center providers Nutanix and Pure Storage surprise Wall Street with solid earnings

SentinelOne and Okta deliver earnings beat but Auth0 integration sees Okta shares plunge

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