Page 2081 – SiliconANGLE

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…

Cloud

Freight orchestration startup Convoy raises $260M at $3.8B valuation

By Maria Deutscher Apr 21, 2022

Convoy Inc., a logistics startup on track to generate more than $1 billion in revenue this year, today announced that it has raised $260 million from investors at a $3.8 billion valuation. The financing…

Emerging Tech

Amazon launches $1B fund to invest in supply chain technology companies

By Maria Deutscher Apr 21, 2022

Amazon.com Inc. today announced plans to invest $1 billion in companies developing supply chain technologies such as warehouse robots. The investments will be made through a new fund known as the Amazon Industrial Innovation…

Cloud

Amazon launches AWS IoT TwinMaker to bring digital twins into the mainstream

By Mike Wheatley Apr 21, 2022

Amazon Web Services Inc. today announced the general availability of a new service that enables companies to create digital twins of physical assets such as buildings, factories, products and production line equipment. With AWS…

Apps

Elon Musk secures $46.5B in financing commitments to acquire Twitter

By Maria Deutscher Apr 21, 2022

Elon Musk has secured $46.5 billion in financing commitments to take Twitter Inc. private, according to a filing with the U.S. Securities and Exchange Commission that was released today. Earlier this month, Musk announced…

Big Data

Databricks targets media firms with its fourth vertical market analytics package

By Paul Gillin Apr 21, 2022

Databricks Inc. is continuing its recent campaign to court customers in vertical industries with today’s announcement of an analytics platform targeted at the media and entertainment industry. The company, which sells an analytics platform…

Blockchain

Decentralized identity startup Spruce raises $34M led by a16z

By Kyt Dotson Apr 21, 2022

Spruce Systems Inc., a single-sign-on decentralized identity startup for Web3, announced Wednesday that it has raised $34 million in early-stage funding led by Andreessen Horowitz to allow people to break away from centralized big…

AI

Speechmatics adds entity formatting to improve its speech recognition software

By Mike Wheatley Apr 21, 2022

U.K.-based startup Speechmatics said today it’s taking a big step in advancing speech recognition with the addition of “entity formatting” to its Autonomous Speech Recognition software. The startup, officially named Cantab Research Ltd., says it’s…

explore news

Qualtrics tops revenue estimates and its stock rises

Data services and serverless dominate latest announcements at AWS Summit

Freight orchestration startup Convoy raises $260M at $3.8B valuation

Amazon launches $1B fund to invest in supply chain technology companies

Amazon launches AWS IoT TwinMaker to bring digital twins into the mainstream

Elon Musk secures $46.5B in financing commitments to acquire Twitter

Databricks targets media firms with its fourth vertical market analytics package

Decentralized identity startup Spruce raises $34M led by a16z

Speechmatics adds entity formatting to improve its speech recognition software

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