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Cloud

Backend development platform startup ChiselStrike raises $7M

By Duncan Riley Jul 27, 2022

Backend development platform startup ChiselStrike Inc. said today it has raised $7 million in new funding to accelerate the development of its open-source serverless backend developer platform. Norwest Venture Partners led the seed round, with Blumberg…

Security

IBM Security report finds data breaches are costlier than ever before

By Duncan Riley Jul 27, 2022

A new report from IBM Security today reveals that data breaches are costlier and more impactful than ever before. IBM Security’s 2022 Cost of a Data Breach Report, based on analysis of real-world data breaches…

Infra

Juniper reports mixed earnings results as it struggles with ongoing supply chain woes

By Mike Wheatley Jul 26, 2022

Shares of the computer networking supplier Juniper Networks Inc. fell in extended trading today after the company posted mixed second-quarter results, with earnings that missed Wall Street’s forecast and revenue that topped expectations. The…

Cloud

Microsoft calms investors with optimistic cloud forecast and its stock ticks up

By Mike Wheatley Jul 26, 2022

Microsoft Corp.’s stock rose more than 4% in after-hour trading today after the software and cloud giant provided better-than-expected guidance for the year ahead. The rise came despite the company posting fiscal fourth-quarter financial…

Security

New Rust-based malware spreads after code shared on cybercrime forum

By Duncan Riley Jul 26, 2022

A new form of information-stealing malware based on the Rust programming language is rapidly spreading after the source code was recently shared on a popular cybercrime forum. Detailed Monday by researchers at Cyble Inc., the…

Blockchain

Kraken reportedly under investigation for breaching Iran sanctions

By Duncan Riley Jul 26, 2022

Cryptocurrency exchange Kraken is reportedly under investigation for allegedly allowing users in Iran and elsewhere to trade cryptocurrency in breach of U.S. sanctions. The New York Times, citing people familiar with the matter, today reported that…

Emerging Tech

Citing increasing manufacturing and shipping costs, Meta increases price of Quest 2 headset

By Duncan Riley Jul 26, 2022

Meta Platforms Inc. today announced the price of its Meta Quest 2 virtual reality headset, previously known as the Oculus Quest 2, is rising because of increasing manufacturing and shipping costs. The headset, launched…

Cloud

Alphabet sees profit slip and misses earnings and revenue forecasts, but stock rises

By Mike Wheatley Jul 26, 2022

Alphabet Inc., the parent company of Google LLC, posted second-quarter earnings results today that came in below expectations, but its stock gained almost 5% in after-hours trading in a sign that the results weren’t…

Security

Analysts hear calls for layered protection and new security models at AWS re:Inforce 2022

By Mark Albertson Jul 26, 2022

An expanding number of cloud services, including instances, infrastructure and small applications have added a note of urgency to enterprise security, and this will demand new approaches. This was one of the clear takeaways…

Security

Tenable and Commvault shares drop despite stronger-than-expected earnings

By Duncan Riley Jul 26, 2022

Shares in both Tenable Inc. and Commvault Systems Inc. dropped significantly today despite both reporting stronger-than-expected earnings results. For the quarter ended June 30, Tenable reported a profit before costs such as stock compensation…

the latest

IBM Security report finds data breaches are costlier than ever before

Juniper reports mixed earnings results as it struggles with ongoing supply chain woes

Microsoft calms investors with optimistic cloud forecast and its stock ticks up

New Rust-based malware spreads after code shared on cybercrime forum

Kraken reportedly under investigation for breaching Iran sanctions

Citing increasing manufacturing and shipping costs, Meta increases price of Quest 2 headset

Analysts hear calls for layered protection and new security models at AWS re:Inforce 2022

Tenable and Commvault shares drop despite stronger-than-expected earnings

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