Page 1934 – SiliconANGLE

Blockchain

Web3 app tool platform Thirdweb raises $24M at $160M valuation

By Kyt Dotson Aug 25, 2022

Thirdweb, a platform that provides developers with tools to build Web3 apps, raised $24 million in fresh funding at a $160 million valuation led by Haun Ventures, which was founded by former Andreessen Horowitz…

Emerging Tech

China’s Baidu debuts its first quantum computer

By Maria Deutscher Aug 25, 2022

Baidu Inc. today debuted its first quantum computer, along with a technology that will enable users to access the system via the cloud. Beijing-based Baidu, one of China’s largest tech firms, operates a popular…

Security

JumpCloud helps orgs solve identity access security dilemmas in the hybrid workplace

By Betsy Amy-Vogt Aug 25, 2022

Remember when offices were neat, standardized affairs? Rows of cubicles and corner window offices were supplied with almost identical Windows desktops, and Microsoft Domain Controller was all the information technology department needed for identity…

Blockchain

Crypto ATM Bitcoin Depot to go public with $885M SPAC deal

By Kyt Dotson Aug 25, 2022

Major United States cryptocurrency ATM provider Bitcoin Depot said today that it plans to go public via a merger with the special-purpose acquisition company GSR II Meteora Acquisition Corp. The two companies reached a…

Cloud

South African retailer Pick n Pay migrates its entire IT infrastructure to Amazon’s cloud

By Mike Wheatley Aug 25, 2022

Amazon Web Services Inc. said today that the South African retail giant Pick n Pay Group has migrated its entire on-premises information technology infrastructure to its public cloud computing platform. The company is holding…

Big Data

Splunk beats forecasts, offers strong guidance, but stock falls on slowdown in new business

By Mike Wheatley Aug 24, 2022

Shares of the big-data company Splunk Inc. took a tumble today after it reported a slowdown in its new business pipeline, despite posting better-than-expected second quarter results and boosting its outlook for the fiscal…

Infra

Nvidia’s stock falls as lower gaming sales drag on revenue and guidance

By Mike Wheatley Aug 24, 2022

Nvidia Corp.’s stock took another hit today after the company offered a revenue forecast for the current quarter that fell short of analysts’ expectations. That warning came after the company confirmed an expected sharp…

Cloud

Zuora acquires subscription paywall software startup Zephr for $44M

By Duncan Riley Aug 24, 2022

Cloud subscription services company Zuora Inc. has announced it has entered a deal to acquire subscription paywall software startup Zephr Inc. for $44 million in cash. Founded in 2017, Zephr offers a technology platform for media…

Cloud

Box shares drop slightly after modest earnings beat

By Duncan Riley Aug 24, 2022

Shares in Box Inc. dropped slightly in late trading despite the file-sharing company reporting a modest earnings beat in its fiscal second quarter. For the quarter ended July 31, Box reported a profit before costs…

Cloud

Snowflake’s stock pops on solid revenue beat and strong sales forecast

By Mike Wheatley Aug 24, 2022

Cloud data warehouse company Snowflake Inc. is flying high today, its stock up more than 17% in after-hours trading thanks to strong second-quarter financial results and increased guidance for the rest of the year.…

explore news

Web3 app tool platform Thirdweb raises $24M at $160M valuation

China’s Baidu debuts its first quantum computer

JumpCloud helps orgs solve identity access security dilemmas in the hybrid workplace

Crypto ATM Bitcoin Depot to go public with $885M SPAC deal

Splunk beats forecasts, offers strong guidance, but stock falls on slowdown in new business

Nvidia’s stock falls as lower gaming sales drag on revenue and guidance

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