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Security

Infinidat to unveil upgrades to thwart cybercriminals during Feb. 9 event

By Betsy Amy-Vogt Feb 4, 2022

It’s true that cybersecurity is everyone’s responsibility. But catchphrases don’t stop cybercriminals. With the average cost of a ransomware breach hitting $4.62 million in 2021, the pressure is on for companies to beef up…

Infra

Toshiba reportedly investing $1.13B to expand chip production capacity

By Maria Deutscher Feb 4, 2022

Toshiba Corp. will spend about 130 billion yen, or about $1.13 billion, to expand the manufacturing capacity of its power management chip business, Nikkei Asia reported on Thursday. Toshiba confirmed that it plans to…

Infra

Celestial AI raises $56M for its hybrid photonic-electronic AI chip

By Maria Deutscher Feb 4, 2022

Celestial AI Inc., a startup developing photonics technology for artificial intelligence applications, has raised $56 million in funding to support its engineering efforts. Sunnyvale, California-based Celestial AI announced the investment this morning. Koch Disruptive…

AI

Predictive ad-tracking startup SegmentStream raises $2.7M seed funding

By Mike Wheatley Feb 4, 2022

SegmentStream Ltd. said today it has raised $2.7 million in seed funding to try to solve the headaches of online marketers struggling to find a way forward without the assistance of third-party cookies. Today’s…

Cloud

Backbone of innovation: Open source writes the script for enterprise growth and supercloud

By Mark Albertson Feb 4, 2022

The growth of open source has changed commonly held beliefs about the number of people needed to run critical tools that power technology today. A prime example of what this actually means can be…

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…

all stories

Toshiba reportedly investing $1.13B to expand chip production capacity

Celestial AI raises $56M for its hybrid photonic-electronic AI chip

Predictive ad-tracking startup SegmentStream raises $2.7M seed funding

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

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