Page 2224 – SiliconANGLE

Emerging Tech

Grab shares plunge following giant $40B Nasdaq SPAC merger debut

By Duncan Riley Dec 2, 2021

Shares in Grab Holdings Inc. plunged on debut on their Nasdaq today after the company completed a special-purpose acquisition company merger with Altimeter Growth Corp. The listing, the largest-ever SPAC deal, valued Grab, often…

Cloud

Despite earnings beat, weak guidance sends DocuSign stock into freefall

By Mike Wheatley Dec 2, 2021

Investors dumped on DocuSign Inc. today after it offered guidance for the final quarter of the year that fell short of expectations. A sharp selloff in extended trading saw its stock lose almost 30% of…

Cloud

Smartsheet shares surge on strong quarterly earnings

By Duncan Riley Dec 2, 2021

Shares in work management platform provider Smartsheet Inc. surged in late trading after the company strongly beat quarterly earnings forecasts. For the quarter ended Oct. 31, Smartsheet reported a loss before costs such as stock compensation…

Infra

Marvell’s stock jumps on rapid data center chip sales growth

By Mike Wheatley Dec 2, 2021

Computer chipmaker Marvell Technology Inc. delivered strong third-quarter earnings results today as it continues to benefit from the seemingly never-ending global shortage of semiconductors. Not only did it easily beat expectations, but it also…

Security

Secureworks shares drop on weaker-than-expected guidance

By Duncan Riley Dec 2, 2021

Shares in cybersecurity firm Secureworks Corp. dropped in regular trading today on slightly weaker-than-expected revenue guidance. For the quarter ended Oct. 31, Secureworks reported a profit before costs such as stock compensation of $1.2…

Cloud

Transformation of telco industry continues as Dish Network pursues partnership with AWS

By Mark Albertson Dec 2, 2021

As the new 5G wireless standard continues its deployment across the globe, network operators and cloud providers are collaborating to open new windows of enterprise and consumer opportunity. On Tuesday, Dish Network LLC offered…

Policy

FTC files lawsuit to block Nvidia’s $40B purchase of Arm

By Mike Wheatley Dec 2, 2021

Nvidia Corp.’s proposed acquisition of the British computer chip designer Arm Ltd. ran into a massive hurdle today, as the U.S. Federal Trade Commission filed a lawsuit aimed at preventing the deal from closing.…

Cloud

Amazon CTO Werner Vogels recalls the past to position AWS and cloud for the future

By Mark Albertson Dec 2, 2021

For a top technologist accustomed to keeping a laser focus on the future, Werner Vogels positioned much of his keynote at AWS re:Invent by looking back into the past. As if to amplify the…

Cloud

Asana shares plunge despite beating earnings expectations

By Duncan Riley Dec 2, 2021

Shares of Asana Inc. plunged in after-hours trading even though the team collaboration software provider beat market expectations in its latest earnings report. For the quarter ended Oct. 31, Asana reported a loss before costs such…

Cloud

VMware puts focus on developer experience with Tanzu Application Platform

By Betsy Amy-Vogt Dec 2, 2021

As the wave of modernization moves across the business landscape, it is changing how software is developed. The discrete stages of the original development lifecycle have been replaced by constant development and integration. “Modern…

explore news

Grab shares plunge following giant $40B Nasdaq SPAC merger debut

Despite earnings beat, weak guidance sends DocuSign stock into freefall

Marvell’s stock jumps on rapid data center chip sales growth

Secureworks shares drop on weaker-than-expected guidance

Transformation of telco industry continues as Dish Network pursues partnership with AWS

FTC files lawsuit to block Nvidia’s $40B purchase of Arm

VMware puts focus on developer experience with Tanzu Application Platform

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