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Apps

Amazon to acquire Roomba vacuum maker iRobot for $1.7B

By Maria Deutscher Aug 5, 2022

Amazon.com Inc. today announced plans to acquire robot vacuum maker iRobot Corp. for $1.7 billion. The transaction values publicly traded iRobot at $61 per share. The robotics company’s shares, which are traded on the…

AI

Afresh raises $115M in funding to reduce food waste with AI

By Maria Deutscher Aug 5, 2022

Afresh Technologies Inc., a startup using artificial intelligence to help grocery store operators reduce food waste, on Thursday announced that it has closed a $115 million funding round. The Series B round was led…

AI

Meta AI unveils BlenderBot 3, an advanced chatbot that learns from interactions

By Mike Wheatley Aug 5, 2022

Meta AI, the artificial intelligence research unit of Facebook parent company Meta Platforms Inc., said today it has released a new version of its advanced BlenderBot chatbot that can remember previous interactions and learn…

Cloud

What we hope to learn at Supercloud 22

By Dave Vellante Aug 5, 2022

The term supercloud is relatively new, but the concepts behind it have been bubbling for years. Early last decade when the National Institute of Standards and Technology put forth its original definition of cloud…

Cloud

Amid reports of a possible sale, New Relic kicks off fiscal 2023 with strong earnings beat

By Mike Wheatley Aug 4, 2022

New Relic Inc.’s management relieved some of the pressure the company is under today, delivering fiscal first-quarter financial results that came in above expectations. It followed up with strong guidance for the next three…

Cloud

Atlassian shares rise on better-than-expected earnings

By Duncan Riley Aug 4, 2022

Shares in Atlassian Corp. PLC rose strongly in late trading after the Australian collaboration software company surpassed revenue expectations in its latest quarter. For its fiscal 2022 fourth quarter ended June 30, Atlassian reported…

Emerging Tech

Lyft shares surge on record earnings as riders return post-COVID-19

By Duncan Riley Aug 4, 2022

Shares in Lyft Inc. surged in late trading after the ride-hailing company reported record earnings as riders returned to the service post-COVID-19. For its second quarter ended June 30, Lyft reported an adjusted net…

Apps

Block shares drop on net loss in latest earning report

By Duncan Riley Aug 4, 2022

Shares in Block Inc. slumped in late trading after the company previously known as Square Inc. reported a loss in its latest quarter. For its second quarter ended June 30, Block reported a profit…

Apps

Twilio beats expectations but its stock drops on weak outlook

By Mike Wheatley Aug 4, 2022

Shares of Twilio Inc. fell in extended trading today after the company offered a weak outlook for its fiscal third quarter, despite beating expectations with its second-quarter results. The company reported a loss before…

Security

Cyber roundup: Cloudflare, Synaptics and NortonLifeLock deliver solid earnings beats

By Duncan Riley Aug 4, 2022

Cybersecurity firms Cloudflare Inc., Synaptics Inc. and NortonLifeLock Inc. delivered solid earnings beats in their quarterly earnings reports Thursday but had different outlooks for the quarter ahead. For its second quarter ended June 30,…

explore news

Amazon to acquire Roomba vacuum maker iRobot for $1.7B

Afresh raises $115M in funding to reduce food waste with AI

Meta AI unveils BlenderBot 3, an advanced chatbot that learns from interactions

Lyft shares surge on record earnings as riders return post-COVID-19

Block shares drop on net loss in latest earning report

Twilio beats expectations but its stock drops on weak outlook

Cyber roundup: Cloudflare, Synaptics and NortonLifeLock deliver solid earnings beats

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