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Security

JFrog led ‘Project Pyrsia’ seeks to secure software from vulnerabilities and malicious code

By Duncan Riley May 25, 2022

DevOps company JFrog Ltd. today introduced Project Pyrsia, an open-source software community initiative that uses blockchain technology to secure software packages from vulnerabilities and malicious code. Project Pyrsia is an open-source-based, decentralized, secure build network and software…

Security

Indian low-cost airline SpiceJet cancels flights due to ransomware attack

By Duncan Riley May 25, 2022

Indian low-cost airline SpiceJet Ltd. has been forced to cancel flights following a ransomware attack. SpiceJet officially describes it as an “attempted ransomware attack,” but you don’t delay and cancel flights as it did today…

IoT

Fleet management software company Motive raises $150M to scale development

By Duncan Riley May 25, 2022

Fleet management software company Motive Technologies Inc., previously known as KeepTruckin, said today it has raised $150 million in new funding to scale up its investment in artificial intelligence, expand its product suite into spend…

Cloud

Box shares slide on mixed earnings results

By Duncan Riley May 25, 2022

Shares in Box Inc. fell slightly in late trading after the file-sharing company reported mixed results in its fiscal first quarter. For the quarter ended April 30, Box reported a profit before costs such…

Policy

Twitter agrees to pay a $150M fine for deceptive ad targeting

By James Farrell May 25, 2022

Twitter Inc. settled a lawsuit today with the Department of Justice and Federal Trade Commission, paying a fine that set the social media giant back $150 million. The lawsuit claims that Twitter acted deceptively…

Infra

Supply challenges hurt Nutanix’s guidance and its stock plunges

By Mike Wheatley May 25, 2022

Data center infrastructure supplier Nutanix Inc. found itself down in the dumps today after it offered lower guidance for the current quarter. The company’s stock plummeted by more than 30% in extended trading after…

Big Data

Splunk’s stock rallies on strong earnings and higher forecast

By Mike Wheatley May 25, 2022

Big-data processing company Splunk Inc. bucked the trend on Wall Street today after posting strong fiscal first-quarter financial results that sent its stock higher in after-hours trading. The company reported a net loss of…

Big Data

Snowflake shares tumble as growth slows

By Paul Gillin May 25, 2022

Shares of once-high-flying software unicorn Snowflake Inc. are finally falling to earth. The stock price of the cloud data warehousing provider fell nearly 14% after-hours today on a weaker-than-expected full-year forecast amid signs of…

Infra

Nvidia blames China COVID lockdowns for lower guidance and its stock falls

By Mike Wheatley May 25, 2022

Shares of the computer graphics chip heavyweight Nvidia Corp. sank in after-hours trading today after the company said it will slow down its pace of hiring and apply stricter controls on its spending. The…

Infra

Nvidia teams up with optical chip startup Ayar Labs to advance AI hardware

By Maria Deutscher May 25, 2022

Nvidia Corp. has inked a technology partnership with Ayar Labs Inc., a startup developing optical chips that promise to increase the speed and efficiency of data center infrastructure. The partnership was announced today, just…

all stories

JFrog led ‘Project Pyrsia’ seeks to secure software from vulnerabilities and malicious code

Indian low-cost airline SpiceJet cancels flights due to ransomware attack

Fleet management software company Motive raises $150M to scale development

Twitter agrees to pay a $150M fine for deceptive ad targeting

Supply challenges hurt Nutanix’s guidance and its stock plunges

Nvidia blames China COVID lockdowns for lower guidance and its stock falls

Nvidia teams up with optical chip startup Ayar Labs to advance AI hardware

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