Page 2140 – SiliconANGLE

Policy

Australia’s second-richest person is suing Facebook over the use of his image in scams

By James Farrell Feb 3, 2022

An Australian billionaire launched a legal case against Facebook Inc. today, alleging that the company didn’t do enough to prevent the spread of scam ads with his face in them appearing on the platform.…

Security

DHS establishes Cyber Safety Review Board to elevate cybersecurity

By Duncan Riley Feb 3, 2022

The U.S. Department of Homeland Security today announced the establishment of the Cyber Safety Review Board that will bring together government and industry leaders to elevate cybersecurity. The establishment of the CSRB is the…

Blockchain

Trust Machines raises $150M to expand bitcoin as a web3 platform

By Duncan Riley Feb 3, 2022

Blockchain startup Trust Machines launched out of stealth mode today with $150 million in funding to expand bitcoin as a web3 platform. Venture capital firms participating in the round include Breyer Capital, Digital Currency Group, GoldenTree, Hivemind…

Apps

Wild ride: Snap shares surge on strong earnings and first-ever quarterly net profit

By Duncan Riley Feb 3, 2022

Shares in Snap Inc. surged in after-hours trading today after the company smashed estimates on earnings, revenue and user growth in its fourth-quarter earnings report and reported its first-ever quarterly net profit. The stock…

Security

Fortinet and Check Point shares rise on better-than-expected earnings

By Duncan Riley Feb 3, 2022

Shares in cybersecurity firms Fortinet Inc. and Check Point Software Technologies Ltd. rose after the companies reported better-than-expected quarterly results. For the quarter ended Dec. 31, Fortinet reported a profit before costs such as…

Cloud

KeyBank partners with Google Cloud on cloud-first digital banking

By Mike Wheatley Feb 3, 2022

Google Cloud said today it’s partnering with KeyBank, a subsidiary of KeyCorp., and the consultancy Deloitte Touche Ltd., on a new “cloud-first banking” initiative. KeyBank is aiming to tap Google Cloud to become the…

Cloud

Amazon shares soar on cloud and ad growth plus coming Prime fee hike

By Robert Hof Feb 3, 2022

Amazon.com Inc. beat back investor worries about higher costs and slowing growth today, as its shares soared on better-than-expected fourth-quarter profits thanks to surging cloud and advertising revenue. The retail and cloud computing giant…

Policy

Senate Judiciary Committee approves app store antitrust bill

By Maria Deutscher Feb 3, 2022

The Senate Judiciary Committee today approved the Open App Markets Act, a bipartisan antitrust bill that would require Apple Inc. and Google LLC to change how they operate their app stores. The Open App…

Cloud

AWS becomes Best Buy’s preferred cloud provider

By Maria Deutscher Feb 3, 2022

Consumer electronics retailer Best Buy Co. Inc. has named Amazon Web Services Inc. as its preferred cloud provider, the companies announced this morning. Publicly traded Best Buy is a major consumer electronics retailer with…

Cloud

Torii snags $50M in funding to help organizations control SaaS sprawl

By Paul Gillin Feb 3, 2022

Torii Labs Ltd., maker of a platform that helps businesses manage the proliferation of software-as-a-service applications, today said it raised $50 million in Series B financing, bringing its total funding to $65 million. The…

the latest

Australia’s second-richest person is suing Facebook over the use of his image in scams

DHS establishes Cyber Safety Review Board to elevate cybersecurity

Trust Machines raises $150M to expand bitcoin as a web3 platform

Fortinet and Check Point shares rise on better-than-expected earnings

Senate Judiciary Committee approves app store antitrust bill

Torii snags $50M in funding to help organizations control SaaS sprawl

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