Page 2219 – SiliconANGLE

Cloud

Anaplan shares plunge despite stronger-than-expected earnings

By Duncan Riley Nov 23, 2021

Shares in Anaplan Inc. plunged in after-hours trading today despite the business planning firm beat quarterly expectations. For the quarter ended Oct. 31, Anaplan reported a loss before costs such as stock compensation of…

Policy

Italian watchdog hits Apple and Amazon with fine over sale of Beats headphones

By James Farrell Nov 23, 2021

Italy’s antitrust watchdog has fined Amazon.com Inc. and Apple Inc. around €200 million ($225 million) for breaching antitrust laws over the sale of Beats headphones. Beats Electronics was founded in 2006 by music producer…

Infra

Samsung to build its second U.S. chip fab in Texas

By Mike Wheatley Nov 23, 2021

Samsung Electronics Co. Ltd. has said it will build its second U.S. computer chip manufacturing plant in Taylor, Texas. The $17 billion plant will make advanced semiconductors that can be used to power smartphones,…

Cloud

VMware beats estimates but investors want to see more subscription growth

By Paul Gillin Nov 23, 2021

VMWare Inc.’s third-quarter sales and earnings beat analysts’ estimates on healthy 11% sales growth as the company’s message of helping customers move to multicloud environments appeared to be hitting home. “It’s clear that multicloud will…

Infra

Nutanix and Pure Storage beat expectations on strong infrastructure demand

By Mike Wheatley Nov 23, 2021

Data center infrastructure firms Nutanix Inc. and Pure Storage Inc. reported strong earnings results today, benefiting from rising demand fueled by ongoing digital transformation efforts and post-pandemic economic growth. Nutanix delivered both earnings and…

Infra

Dell delivers record revenue on PC and data center strength

By Mike Wheatley Nov 23, 2021

Dell Technologies Inc. delivered the best third-quarter performance in its history today, benefiting from strong demand for personal computers and data center infrastructure. The company reported a profit before certain costs such as stock…

Cloud

SimPRO raises $350M+ to boost its field service management platform

By Maria Deutscher Nov 23, 2021

Field service management startup simPRO Software Pty Ltd. today announced that it has raised more than $350 million through a funding round led by K1 Investment Management. In conjunction, the startup said that it…

AI

AI transcription startup Verbit closes $250M funding round

By Maria Deutscher Nov 23, 2021

Startup Verbit Inc. today announced that it has secured a $250 million funding round at a $2 billion valuation to develop more features for its namesake transcription and captioning platform. The feature development effort…

Apps

Vercel raises $150M to expand its front-end web dev platform

By Kyt Dotson Nov 23, 2021

Vercel Inc., the creator of the Next.js JavaScript framework for front-end web development, today announced that it has raised $150 million in new funding. GGV Capital led the Series D round, with participation from…

Cloud

High-performance computing startup Rescale closes $105M round

By Maria Deutscher Nov 23, 2021

Rescale Inc., a startup that helps companies run high-performance computing applications such as physics simulations in the cloud, has closed an expanded $105 million Series C round to support business growth. The round was…

the latest

Italian watchdog hits Apple and Amazon with fine over sale of Beats headphones

Samsung to build its second U.S. chip fab in Texas

VMware beats estimates but investors want to see more subscription growth

Nutanix and Pure Storage beat expectations on strong infrastructure demand

Dell delivers record revenue on PC and data center strength

AI transcription startup Verbit closes $250M funding round

Vercel raises $150M to expand its front-end web dev platform

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