Page 2195 – SiliconANGLE

Infra

Western Digital shares plunge on weak outlook caused by supply-chain problems

By Duncan Riley Jan 27, 2022

Shares in Western Digital Corp. plunged in after-hours trading after the company issued a lower-than-expected outlook because of supply-chain problems. For the quarter ending Dec. 31, Western Digital reported a profit before costs such…

Cloud

Rapid subscription revenue growth helps Atlassian deliver another strong quarter

By Mike Wheatley Jan 27, 2022

Collaboration and application software firm Atlassian Corp. Plc. delivered solid fiscal second-quarter results today, beating expectations on revenue, adding more than 10,000 new customers and growing its subscription revenue. The company followed up with…

Apps

Apple’s stock rises on record quarterly revenue and improving supply chain situation

By Mike Wheatley Jan 27, 2022

Apple Inc. delivered impressive first-quarter results today, beating estimates in every product category except for iPads. The company also revealed its supply chain situation is improving, causing its stock to gain almost 5% in…

Security

Portnox raises $22M for its cloud-based network security platform

By Maria Deutscher Jan 27, 2022

Network security startup Portnox, officially Access Layers Ltd., today announced that it has closed a $22 million funding round to support growth initiatives. Elsewhere Partners led the Series A investment. A large company’s corporate…

Blockchain

Meta-backed Diem cryptocurrency initiative is reportedly winding down

By Maria Deutscher Jan 27, 2022

The Diem Association, a consortium launched by Meta Platforms Inc. to develop a blockchain-based payment system, is reportedly winding down its operations. The Wall Street Journal reported late Wednesday that the Diem Association plans…

Infra

China conditionally approves AMD’s proposed $35B purchase of Xilinx

By Maria Deutscher Jan 27, 2022

China’s State Administration for Market Regulation has conditionally approved Advanced Micro Devices Inc.’s proposed $35 billion acquisition of Xilinx Inc., Reuters reported today. San Jose, California-based Xilinx is a leading provider of field-programmable gate…

Cloud

AWS Heroes Panel spotlights open-source community, security and funding

By Betsy Amy-Vogt Jan 27, 2022

There has been an evolutionary explosion in the size, shape and number of open-source projects over the past decade. In 2010, source code host site GitHub had 1 million repositories. By 2018, it had…

Cloud

APEX Data Storage Services now available in a Dell-managed Equinix colo

By Brian Njuguna Jan 27, 2022

With at least 45% of organizations using colocation services, the colo market is gaining steam. The primary benefits are enhanced bandwidth, minimized latency, and increased connectivity. The partnership between Dell Technologies Inc. and Equinix…

Cloud

SAP beats forecasts, but weaker margins beat down stock price

By Paul Gillin Jan 27, 2022

SAP SE today reported fiscal fourth-quarter earnings and revenue that beat analysts’ expectations thanks to growing momentum in its cloud business. However, investors sent the stock down nearly 6% in early trading on forecasts…

Blockchain

Digital assets custody firm Fireblocks raises $550M at $8B in valuation

By Kyt Dotson Jan 27, 2022

Fireblocks Inc., a cryptocurrency custodial infrastructure firm, announced today that it has raised $500 million in new late-stage funding, valuing the company at $8 billion. The company boasted that this round makes it the…

all stories

Apple’s stock rises on record quarterly revenue and improving supply chain situation

Meta-backed Diem cryptocurrency initiative is reportedly winding down

China conditionally approves AMD’s proposed $35B purchase of Xilinx

SAP beats forecasts, but weaker margins beat down stock price

Digital assets custody firm Fireblocks raises $550M at $8B in valuation

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