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Apps

Netflix shares plunge 35% after first drop in subscribers in 10 years

By Duncan Riley Apr 19, 2022

Updated: Shares in consumer video streaming service Netflix Inc. dropped more than 35% Wednesday today after the company reported its first drop in subscribers in more than 10 years. Netflix has long been the…

Cloud

IBM buoys investors with strong results and a bright forecast

By Paul Gillin Apr 19, 2022

IBM Corp.’s growth story continued to gain momentum today as the computer giant announced first-quarter results that slightly beat expectations and an upbeat forecast that buoyed the stock price in after-hours trading. Quarterly revenue…

Apps

Report: Investment firm Apollo could back bid to take Twitter private

By Maria Deutscher Apr 19, 2022

Investment firm Apollo Global Management Inc. could back an effort to take Twitter Inc. private, the Wall Street Journal reported late Monday. Last week, Tesla Inc. Chief Executive Officer Elon Musk made an offer to…

Security

ThreatLocker nabs $100M to block malware in enterprise networks

By Maria Deutscher Apr 19, 2022

ThreatLocker Inc. today announced that it has closed a $100 million funding round to build more features for its cybersecurity platform, which prevents malware from running on companies’ information technology infrastructure. General Atlantic led…

Security

Fortress raises $125M in funding to secure software supply chains

By Maria Deutscher Apr 19, 2022

Startup Fortress Information Security LLC, whose technology helps protect 40% of the U.S. power grid from cybersecurity risks, has raised $125 million in funding. Fortress announced the investment today, detailing that it was provided…

Blockchain

Blockchain platform BlockApps raises $41M to build enterprise-grade infrastructure

By Kyt Dotson Apr 19, 2022

BlockApps Inc., an Ethereum-based blockchain platform focused on enterprise-grade infrastructure, today announced it has raised $41 million in new funding led by Liberty City Ventures to expand the development of its ecosystem and business…

Cloud

DevOps taking longer to solve production issues despite advancements in observability

By Duncan Riley Apr 19, 2022

A new report from infrastructure monitoring startup Logz.io Inc. finds that production issues for DevOps teams are taking longer to solve despite advancements in observability. The finding comes from the company’s fifth annual DevOps Pulse 2022 Report,…

Cloud

Encore raises $3M to automate backend development for distributed cloud systems

By Mike Wheatley Apr 19, 2022

Swedish startup Encoretivity AB is making waves today after raising $3 million in seed funding to build out what it says is the first back-end development engine that enables developers to build scalable, distributed…

Security

Verica joins with Prowler to make AWS security simpler for customers

By Duncan Riley Apr 19, 2022

Continuous verification company Verica Inc. today joined with open-source Amazon Web Services Inc. cloud security tool Prowler to offer a new enterprise-focused paid version of Prowler. Prowler is a security tool that assesses AWS accounts…

Cloud

Quali’s enhanced Torque platform speeds app development and delivery

By Duncan Riley Apr 19, 2022

Cloud and DevOps infrastructure automation startup Quali Systems Ltd. today announced the release of enhanced control plane features for its Torque platform. Quali’s Torque platform is designed to speed app development and delivery through cloud automation. The…

all stories

Netflix shares plunge 35% after first drop in subscribers in 10 years

IBM buoys investors with strong results and a bright forecast

Report: Investment firm Apollo could back bid to take Twitter private

ThreatLocker nabs $100M to block malware in enterprise networks

Fortress raises $125M in funding to secure software supply chains

Blockchain platform BlockApps raises $41M to build enterprise-grade infrastructure

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