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Security

US and UK warn of attacks from Iranian ‘MuddyWater’ hacking group

By Duncan Riley Feb 24, 2022

The U.S. and U.K. governments today issued a joint cybersecurity advisory warning that an Iranian advanced persistent threat group is conducting cyber espionage and other malicious cyber operations. The group, known as “MuddyWater” and part of…

Security

Zscaler shares drop on lower-than-expected outlook

By Duncan Riley Feb 24, 2022

Shares in Zscaler Inc. dropped in late trading after the cybersecurity company reported a slightly lower-than-expected outlook. For its second-quarter ended Jan. 31, Zscaler reported a profit before costs such as stock compensation of $19.2…

Apps

Block stock surges on strong quarterly earnings beat

By Duncan Riley Feb 24, 2022

Share in Block Inc. surged after-hours today after the company, previously known as Square Inc., beat predictions for its fiscal fourth quarter. For the quarter ended Dec. 31, Block reported adjusted earnings before interest,…

Apps

Autodesk delivers strong results but offers cautious outlook for this year

By Mike Wheatley Feb 24, 2022

Computer-aided design software pioneer Autodesk Inc. posted strong fourth-quarter financial results today, beating expectations on earnings and revenue. However, the company followed up with weak guidance for the next three-month period and its stock…

Blockchain

Coinbase shares drop on predicted fall in active users and trading volume

By Duncan Riley Feb 24, 2022

Shares in Coinbase Global Inc. dropped in late trading today after the company warned that it expects active users and trading volume to fall in the first quarter. For the company’s fourth-quarter ended Dec.…

Cloud

VMware beats profit estimates but weak guidance sends shares down

By Paul Gillin Feb 24, 2022

VMWare Inc. reported fiscal fourth-quarter revenues that met analysts’ estimates and higher-than-expected profit along thanks to strong growth in its software-as-a-service and subscription offerings. However, the computer virtualization giant’s forecast for the first quarter…

Infra

Dell’s stock falls sharply on unexpected fourth-quarter loss

By Mike Wheatley Feb 24, 2022

Computer and data center infrastructure giant Dell Technologies Inc. saw its stock fall hard in extended trading today after missing forecasts on earnings and posting a surprise fourth-quarter loss. The company did beat expectations…

Big Data

Snowflake and Databricks back $222M round for dbt Labs at $4.2B valuation

By Maria Deutscher Feb 24, 2022

Fast-growing data management startup dbt Labs Inc. today said it has raised $222 million in funding from a group of prominent backers. Snowflake Inc., Databricks Inc., Alphabet Inc.’s GV fund and the venture capital arm…

Infra

Intel details new Xeon chips for 5G networks and data centers

By Maria Deutscher Feb 24, 2022

Intel Corp. today detailed a collection of upcoming processors that are optimized to power 5G carrier infrastructure and data center networks. Some of the newly detailed processors will be part of the Sapphire Rapids…

Cloud

Fabric raises $140M for its ‘headless’ e-commerce platform

By Maria Deutscher Feb 24, 2022

Fabric Inc., a startup with a so-called headless e-commerce platform designed to streamline retailers’ technology operations, today announced that it has raised a $140 million funding round. The Series C investment, which was led…

the latest

US and UK warn of attacks from Iranian ‘MuddyWater’ hacking group

Zscaler shares drop on lower-than-expected outlook

Block stock surges on strong quarterly earnings beat

Autodesk delivers strong results but offers cautious outlook for this year

Coinbase shares drop on predicted fall in active users and trading volume

VMware beats profit estimates but weak guidance sends shares down

Dell’s stock falls sharply on unexpected fourth-quarter loss

Snowflake and Databricks back $222M round for dbt Labs at $4.2B valuation

Intel details new Xeon chips for 5G networks and data centers

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