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Infra

Dell announces updated PowerVault ME5 storage arrays for smaller businesses

By Mike Wheatley Feb 23, 2022

Dell Technologies Inc. today announced an update to its lineup of PowerVault entry-level storage arrays. The new PowerVault ME5 systems are optimized for storage area networks and direct-attached storage and designed to address the…

AI

SambaNova Systems unveils deep learning platform purpose-built for financial services firms

By Mike Wheatley Feb 23, 2022

The heavily funded and previously somewhat secretive artificial intelligence startup SambaNova Systems Inc. announced today what it says is the first AI platform that’s purpose-built for the financial services industry. The SambaNova GPT Banking…

Big Data

Ahana fortifies Presto data lake security

By Paul Gillin Feb 23, 2022

Ahana Cloud Inc., which sells commercial and managed versions of the Presto open-source distributed query engine, today announced what it says are significantly improved security features on its cloud service, including multi-user support, fine-grained access…

Security

Israeli access management startup Astrix Security launches with $15M in funding

By Duncan Riley Feb 23, 2022

Israeli access management startup Astrix Security Ltd. today launched out of stealth mode with an announcement that it has raised $15 million in funding. The seed round was led by Bessemer Venture Partners and F2 Capital,…

Security

Manufacturing overtakes financial services as the most attacked industry

By Duncan Riley Feb 23, 2022

A new report from IBM Security released early Wednesday says manufacturing is feeling the brunt of cyberattacks as supply chain issues continue to grow. The finding was revealed in IBM Security’s annual X-Force Threat Intelligence…

Apps

Meta launches TikTok lookalike ‘Facebook Reels’ in 150 countries

By James Farrell Feb 22, 2022

Meta Platforms Inc. today announced that it’s launching Facebook Reels around the world with a raft of features to enable people to make money. For some years now, the company has been talking about…

Security

Managed detection and response startup eSentire raises $325M on $1B valuation

By Duncan Riley Feb 22, 2022

Canadian managed detection and response startup eSentire Inc. today said it has raised $325 million in new funding to invest in research and development and hire more people. The secondary market and private equity raise came…

Cloud

Down day: Slack, GitHub, Walmart all suffer outages and issues

By Duncan Riley Feb 22, 2022

Updated to include comments from AWS Several large sites and services suffered issues and downtime today in what could be a range of possible coincidences or might share a common root cause. Salesforce.com Inc.’s…

Security

Palo Alto Networks shares rise on better-than-expected earnings report

By Duncan Riley Feb 22, 2022

Shares in Palo Alto Networks Inc. rose in after-hours trading after the network management and security firm beat estimates in its latest earnings report. For its fiscal second quarter ended Jan. 31, Palo Alto…

Cloud

Despite earnings and revenue beat, Rackspace’s stock sinks on weak outlook

By Mike Wheatley Feb 22, 2022

Cloud computing services firm Rackspace Technology Inc. took a beating in extended trading today, its stock down more than 15% on weaker-than-expected guidance for the coming quarter and full year. That followed solid fourth-quarter…

explore news

Dell announces updated PowerVault ME5 storage arrays for smaller businesses

SambaNova Systems unveils deep learning platform purpose-built for financial services firms

Ahana fortifies Presto data lake security

Israeli access management startup Astrix Security launches with $15M in funding

Manufacturing overtakes financial services as the most attacked industry

Meta launches TikTok lookalike ‘Facebook Reels’ in 150 countries

Managed detection and response startup eSentire raises $325M on $1B valuation

Down day: Slack, GitHub, Walmart all suffer outages and issues

Palo Alto Networks shares rise on better-than-expected earnings report

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