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Security

CrowdStrike’s new AI-powered ‘Indicators of Attack’ offer enhanced visibility of cloud intrusions

By Duncan Riley Aug 10, 2022

CrowdStrike Holdings Inc. today introduced artificial intelligence-powered “Indicators of Attack,” a new innovation for fileless attack prevention at large scale that delivers enhanced visibility of stealthy cloud intrusions. The new service is available on the…

Infra

GlobalFoundries posts strong earnings results and outlook

By Mike Wheatley Aug 9, 2022

GlobalFoundries Inc. shares rebounded in extended trading today, having initially fallen more than 8% in the wake of second-quarter financial results that topped Wall Street’s expectations. The company reported net income for the quarter…

Policy

Biden signs CHIPS act aimed at promoting chipmaking and scientific research

By Duncan Riley Aug 9, 2022

U.S. President Joe Biden today signed the CHIPS and Science Act into law, a bipartisan bill aimed at promoting chipmaking and scientific research. The act, which Congress passed in August, includes more than $52.7 billion for…

Cloud

Rackspace shares slide on mixed earnings results and weak forecast

By Mike Wheatley Aug 9, 2022

Cloud services provider Rackspace Technology Inc. reported mixed second-quarter financial results today, beating expectations on earnings but missing on revenue. However, its sales guidance for the next period was light, sending its stock down…

Blockchain

Coinbase shares drop on another quarterly earnings miss

By Duncan Riley Aug 9, 2022

Shares in Coinbase Global Inc. dropped in late trading after the cryptocurrency exchange once again missed earnings estimates. For its second quarter ended June 30, Coinbase reported a loss of $4.98 per share, up…

Security

Email security and deliverability platform startup EasyDMARC raises $2.3M

By Duncan Riley Aug 9, 2022

Email security and deliverability platform startup EasyDMARC Inc. has raised $2.3 million in new funding for further product development and to expand its global market reach. The seed round was led by Acrobator Ventures and…

Cloud

Avaya shares drop 45% after it discloses ‘substantial doubt’ about outlook

By Maria Deutscher Aug 9, 2022

Shares of Avaya Holdings Corp. declined 45.5% today after the company stated that there is “substantial doubt” about its ability to continue operating as a going concern. The drop in Avaya’s stock may have also…

Cloud

‘Clouderati’ panel of industry experts assesses future of supercloud in a multicloud world

By Mark Albertson Aug 9, 2022

Despite the cloud’s numerous benefits, enterprise frustration is building over challenges compounded by the embrace of multicloud. This was one of the conclusions documented by F5 Inc. in its annual “State of Application Strategy”…

Cloud

Supercloud may be the eventual solution to multicloud problems, say industry analysts

By Betsy Amy-Vogt Aug 9, 2022

Most enterprises currently use multiple clouds. But these multiclouds have been built up over time, resulting in a collection of siloed cloud services rather than a coordinated and cohesive strategy. Or, as Chuck Whitten,…

Apps

AppLovin makes $20B offer to acquire Unity

By Maria Deutscher Aug 9, 2022

AppLovin Corp., a software company that helps developers make money from their mobile apps with ads, today made an offer to acquire video game specialist Unity Software Inc. for $20 billion. The offer values…

all stories

CrowdStrike’s new AI-powered ‘Indicators of Attack’ offer enhanced visibility of cloud intrusions

GlobalFoundries posts strong earnings results and outlook

Biden signs CHIPS act aimed at promoting chipmaking and scientific research

Rackspace shares slide on mixed earnings results and weak forecast

Coinbase shares drop on another quarterly earnings miss

Email security and deliverability platform startup EasyDMARC raises $2.3M

Avaya shares drop 45% after it discloses ‘substantial doubt’ about outlook

AppLovin makes $20B offer to acquire Unity

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