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AI

Fortanix’s latest offering makes highly sensitive data available for AI model training

By Mike Wheatley Nov 16, 2021

Startup Fortanix Inc. has announced the first full-fledged service on its confidential computing platform, giving companies an easier way to improve the quality and accuracy of artificial intelligence models and keep them secure. Fortanix…

Cloud

OutSystems unveils its next-generation low-code cloud app dev platform

By Kyt Dotson Nov 16, 2021

OutSystems, makers of a powerful low-code app development platform, today unveiled the next generation of its visual development environment, Project Neo. OutSystems provides a visual, model-based development environment that permits developers to rapidly design…

Security

Open XDR startup Stellar Cyber raises $38M to expand its platform

By Duncan Riley Nov 16, 2021

Extended detection and response startup Stellar Cyber announced today that it has raised $38 million in new funding to expand its Open XDR platform. The Series B round was led by Highland Capital Partners and…

Security

Should you pay the ransom? Here’s why that’s the wrong question

By Paul Proctor Nov 16, 2021

When facing a ransomware attack, the first question chief information security officers are often asked is, “Should we pay the ransom?” Debates about whether to pay up have raged on in the security community…

Emerging Tech

Last-mile electric vehicle startup Zoomo raises $60M

By Duncan Riley Nov 15, 2021

Last-mile electric vehicle startup Zoomo revealed today that it has raised $60 million in new funding to accelerate its goal to transition every urban delivery mile to light electric vehicles. Grok Ventures led the Series…

Policy

Meta battles its first major lawsuit since changing name from Facebook

By James Farrell Nov 15, 2021

Meta Platforms Inc., formerly Facebook Inc., was hit with a lawsuit today over the allegation that the company knew the harms its algorithm caused to the public and yet did nothing about it. The suit comes…

Security

Treasury Department signs new partnership with Israel to combat ransomware

By Duncan Riley Nov 15, 2021

The U.S. Department of the Treasury and the Israeli Ministry of Finance have announced a new partnership to combat ransomware. Under the bilateral partnership, both will work together to protect critical financial infrastructure and…

Cloud

Rackspace racks up solid earnings results and its stock rises

By Mike Wheatley Nov 15, 2021

Rackspace Technology Inc. beat expectations as it delivered its third-quarter financial results today and offered guidance for the next period that was in line with forecasts. Third-quarter bookings fell year-over-year, though executives said the…

Cloud

Customer communication startup Podium raises $201M on $3B valuation

By Duncan Riley Nov 15, 2021

Customer communication startup Podium Corp Inc. today announced it has raised $201 million in new funding to expand its reach to more local businesses around the world as well as make deeper investments to build…

Cloud

With strong growth and new leadership, AWS gears up for re:Invent 2021

By Mark Albertson Nov 15, 2021

When a major annual conference approaches for most companies, the plan is usually to highlight a few milestones of success for assembled analysts, customers and media. As Amazon Web Services Inc. gears up for…

the latest

Fortanix’s latest offering makes highly sensitive data available for AI model training

OutSystems unveils its next-generation low-code cloud app dev platform

Open XDR startup Stellar Cyber raises $38M to expand its platform

Should you pay the ransom? Here’s why that’s the wrong question

Last-mile electric vehicle startup Zoomo raises $60M

Meta battles its first major lawsuit since changing name from Facebook

Treasury Department signs new partnership with Israel to combat ransomware

Customer communication startup Podium raises $201M on $3B valuation

With strong growth and new leadership, AWS gears up for re:Invent 2021

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