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Cloud

SAP earnings miss blamed on short-term factors

By Paul Gillin Apr 22, 2022

SAP SE’s fiscal first-quarter earnings fell short of analysts’ expectations today but revenue growth came in stronger than expected. Earnings per share of $1.08 fell below consensus estimates of $1.22. Revenues rose 11.5% over the…

Blockchain

Polygon launches blockchain ‘Supernets’ with $100M in Web3 developer grants

By Kyt Dotson Apr 22, 2022

Ethereum scaling solution Polygon today unveiled a new dedicated network for blockchain hosting called “Supernets” and announced a $100 million fund to encourage developers to use the technology. Polygon is what is known as…

Security

Infamous REvil ransomware gang appears to have returned to business

By Duncan Riley Apr 21, 2022

The infamous REvil ransomware gang appears to have returned to business months after being taken offline and members getting arrested. Researchers have spotted that the address used for REvil’s leak site has been redirected to…

Security

Hive ransomware affiliate targets vulnerable Microsoft Exchange servers

By Duncan Riley Apr 21, 2022

An affiliate of the Hive ransomware group has been actively targeting vulnerable Microsoft Exchange servers to deploy the malware. Hive, which emerged in 2021, operates on a ransomware-as-a-service basis. RaaS ransomware purveyors provide the…

Cloud

Kraft Heinz to work with Microsoft on digital twins and supply chain efficiencies

By Mike Wheatley Apr 21, 2022

Food manufacturing firm Kraft Heinz Co. said today it is partnering with Microsoft Corp. with an eye to improving its supply chain visibility and day-to-day operations. Under the alliance, Kraft Heinz will adopt various…

Security

Security analytics company Devo acquires threat hunting startup Kognos

By Duncan Riley Apr 21, 2022

Cloud-native logging and security analytics company Devo Technology Inc. announced today that it has acquired Kognos Inc., a company that provides threat hunting tools, for an undisclosed price. Founded in 2017, Kognos offers a cloud-based detection…

Blockchain

Andreessen Horowitz creates crypto research lab to solve problems around Web3

By Mike Wheatley Apr 21, 2022

The renowned venture capital firm Andreessen Horowitz is stepping up its already considerable bet on the blockchain business with the creation of its own dedicated crypto research team. In a blog post today, a16z partners Ali…

Apps

Snap slightly misses on earnings thanks to difficult macroeconomic conditions

By Duncan Riley Apr 21, 2022

Shares in Snap Inc. share went on a rollercoaster ride in late trading today after only slightly missing analysts’ expectations for its latest quarterly earnings. For the quarter ended March 31, Snap reported a…

Cloud

Qualtrics tops revenue estimates and its stock rises

By Mike Wheatley Apr 21, 2022

Qualtrics International Inc.‘s stock rose more than 4% in extended trading today after the company posted strong fiscal first-quarter revenue that topped expectations, adding strong guidance for the next quarter as well. The company…

Cloud

Data services and serverless dominate latest announcements at AWS Summit

By Mark Albertson Apr 21, 2022

As Amazon Web Services Inc. moves further into 2022, the cloud giant is showing a clear focus on data services and serverless computing. The company’s groundwork in both areas was unveiled in late November when…

the latest

SAP earnings miss blamed on short-term factors

Polygon launches blockchain ‘Supernets’ with $100M in Web3 developer grants

Infamous REvil ransomware gang appears to have returned to business

Hive ransomware affiliate targets vulnerable Microsoft Exchange servers

Kraft Heinz to work with Microsoft on digital twins and supply chain efficiencies

Andreessen Horowitz creates crypto research lab to solve problems around Web3

Qualtrics tops revenue estimates and its stock rises

Data services and serverless dominate latest announcements at AWS Summit

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