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Cloud

Twilio’s stock plunges on lower earnings forecast despite solid beat

By Mike Wheatley Oct 27, 2021

Twilio Inc. saw its stock collapse in after-hours trading today after its earnings forecast for the final quarter of the year came in below expectations. The company actually put in a decent shift in…

Policy

Facing more government backlash, Facebook tells staff to preserve internal documents

By James Farrell Oct 27, 2021

As legal action against Facebook Inc. looks imminent, the company reportedly has told staff to preserve all internal documents and communications going back to 2016. To say the company has come under some scrutiny…

Cloud

ServiceNow’s earnings growth isn’t enough to prevent after-hours stock selloff

By Mike Wheatley Oct 27, 2021

Cloud automation software company ServiceNow Inc. saw its stock slide in extended trading today despite posting solid third-quarter financial results that topped analysts’ expectations. The company reported a profit before certain costs such as stock…

Cloud

Sachin Gupta discusses the tech behind Google Distributed Cloud

By Betsy Amy-Vogt Oct 27, 2021

Google LLC has lagged behind major competitors in the game of cloud, taking a 4.6% share in 2020 against Amazon Web Services Inc.’s 43.6% and Microsoft Corp.’s Azure’s 14.3%. But the good news is…

Cloud

Observability provider Dynatrace tops expectations with latest quarterly results

By Maria Deutscher Oct 27, 2021

Dynatrace Inc. can now boast of topping analysts’ revenue expectations in each of the past four quarters after growing sales by 34% in the three months ended Sept. 30, to $226 million. The company…

Cloud

Productivity platform provider ClickUp valued at $4 billion after raising $400M round

By Paul Gillin Oct 27, 2021

Productivity platform ClickUp today announced it has raised a $400 million funding round led by blue-chip investors that hikes the company’s valuation to $4 billion. ClickUp, the trade name for Mango Technologies Inc., said it’s…

Apps

Intel’s new flagship desktop processor ups performance with hybrid core design

By Maria Deutscher Oct 27, 2021

Intel Corp. today debuted the next major iteration of its central processing unit line for desktops, the 12th Generation Core series, which is launching with an initial roster of six chips made using the…

Big Data

Returning to public markets, Informatica raises $841M in IPO

By Maria Deutscher Oct 27, 2021

Informatica LLC, the enterprise data management specialist, has raised $841 million in its initial public offering by selling 29 million shares to investors at $29 apiece. Following the Tuesday afternoon stock sale, Informatica’s shares…

Blockchain

Blockchain infrastructure startup QuickNode raises $35M

By Kyt Dotson Oct 27, 2021

Blockchain infrastructure platform QuickNode Inc. today announced it has raised $35 million in new funding led by Tiger Global. The Series A round also included participation from Alexis Ohanian’s Seven Seven Six, Soma Capital, Arrington…

Apps

With Android 12L, Dev Summit focuses on building apps across devices

By Kyt Dotson Oct 27, 2021

Google LLC’s Android Dev Summit 2021 today is all about enabling developers to build better apps across devices. To begin, the Android team is expanding its collection of development tools by bringing Material You — which…

explore news

Facing more government backlash, Facebook tells staff to preserve internal documents

ServiceNow’s earnings growth isn’t enough to prevent after-hours stock selloff

Productivity platform provider ClickUp valued at $4 billion after raising $400M round

Intel’s new flagship desktop processor ups performance with hybrid core design

Returning to public markets, Informatica raises $841M in IPO

Blockchain infrastructure startup QuickNode raises $35M

With Android 12L, Dev Summit focuses on building apps across devices

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