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Apps

Facebook parent Meta Platforms’ stock crashes on earnings miss and weak forecast

By Mike Wheatley Feb 2, 2022

Updated: Facebook’s parent company Meta Platforms Inc. reported earnings today for the first time since its rebranding, only to see its stock lose 22% of its value in extended trading after missing estimates and…

Big Data

Managed data lakehouse startup Onehouse launches with $8M in funding

By Maria Deutscher Feb 2, 2022

Onehouse, a new data lakehouse startup, today launched from stealth mode after raising a $8 million seed funding round co-led by Greylock and Addition. A lakehouse is a new type of software solution that…

Cloud

Dynatrace tops quarterly revenue and earnings expectations, but stock tumbles

By Maria Deutscher Feb 2, 2022

Shares of Dynatrace Inc. dropped more than 19% today after the company posted third-quarter financial results, even though both its earnings and revenue surpassed analysts’ expectations. NYSE-traded Dynatrace provides an observability platform that enterprises…

AI

Pecan AI nabs $66M to simplify AI development in the enterprise

By Maria Deutscher Feb 2, 2022

Artificial intelligence startup Pecan AI Ltd. today announced that it has closed a $66 million funding round led by Insight Partners. S-Capital, GGV, Dell Technologies Inc.’s venture capital arm, Mindset Ventures and Vintage Investment…

Blockchain

Dune Analytics raises $69M to empower web3 data analysts

By Kyt Dotson Feb 2, 2022

The blockchain data analysis firm Dune Analytics today announced it has closed a $69.4 million in new funding round led by Coatue, bringing its valuation to $1 billion. The Series B round brought the…

Cloud

Red Hat adds persistent storage to OpenShift Platform suite

By Paul Gillin Feb 2, 2022

IBM Corp. subsidiary Red Hat Inc. today announced that Red Hat OpenShift Data Foundation – a type of software-defined storage for the modular and portable operating environments called containers — is now included in…

AI

Wrk Technologies raises $43M as it bids to simplify business process automation

By Mike Wheatley Feb 2, 2022

Automation software provider Wrk Technologies Inc. said today it has raised $43 million in cumulative seed, Series A and debt financing. The most recent Series A round of funding was led by White Star…

Security

Intel brings together elite hackers in new Project Circuit Breaker

By Duncan Riley Feb 2, 2022

Intel Corp. today expanded its bug bounty program with a new offering that brings together a community of elite hackers to reshape vulnerability management. The new Project Circuit Breaker brings together hackers to hunt…

Security

New Lacework platform helps companies uncover suspicious activity in the multicloud

By Duncan Riley Feb 2, 2022

Cloud security company Lacework Inc. today unveiled a new platform designed to help companies automatically uncover suspicious activity across a multicloud environment. Called the Polygraph Data Platform, the service can detect and address genuine threats and…

Cloud

LogMeIn rebrands as GoTo to reflect its mission of making IT easy anywhere

By Duncan Riley Feb 2, 2022

Fresh from announcing in December that it was spinning off LastPass as a separate company, LogMeIn Inc. announced today that it’s rebranding as GoTo to better reflect the company’s mission of making information technology management…

explore news

Facebook parent Meta Platforms’ stock crashes on earnings miss and weak forecast

Managed data lakehouse startup Onehouse launches with $8M in funding

Pecan AI nabs $66M to simplify AI development in the enterprise

Dune Analytics raises $69M to empower web3 data analysts

Red Hat adds persistent storage to OpenShift Platform suite

Wrk Technologies raises $43M as it bids to simplify business process automation

Intel brings together elite hackers in new Project Circuit Breaker

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