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Security

White House holds summit to discuss national cybersecurity strategy

By Duncan Riley Aug 25, 2021

U.S. President Joe Biden held a summit meeting at the White House today with leaders from technology, financial services and energy companies to discuss national cybersecurity strategy amid increasing levels of major cyberattacks. Present…

Cloud

Elastic surprises investors with unexpected profit

By Duncan Riley Aug 25, 2021

Enterprise search company Elastic NV surprised investors with its latest earnings report today, posting an unexpected profit thanks to strong revenue growth. For the quarter ended July 31, Elastic reported revenue jumped 50% from…

Policy

Report: Facebook is thinking about creating a commission to advise on elections

By James Farrell Aug 25, 2021

Facebook Inc. is considering forming a commission to advise on decisions it makes around elections in the U.S. and abroad, according to an article published in The New York Times today. According to people…

Big Data

Splunk’s cloud shift quickens pace as earnings beat expectations

By Mike Wheatley Aug 25, 2021

Data analytics firm Splunk Inc. beat expectations on earnings and revenue today and its outlook for the next quarter was just above consensus, sending its stock up almost 2% in extended trading. The company…

Cloud

Salesforce shares rise on strong earnings and higher forecast

By Duncan Riley Aug 25, 2021

Shares in Saleforce.com Inc. rose in after-hours trading today after the company beat analyst expectations and boosted its forecast for the full fiscal year. For the quarter ending July 31, Salesforce reported total revenue…

Infra

Strong cloud services growth helps Pure Storage and NetApp beat expectations

By Mike Wheatley Aug 25, 2021

Data storage rivals Pure Storage Inc. and NetApp Inc. reported financial results that beat expectations, sending their stocks higher in after-hours trading today. The star of the show was Pure Storage, which reported a…

Cloud

Snowflake’s stock gains after-hours despite mixed earnings report

By Mike Wheatley Aug 25, 2021

Snowflake Inc.’s stock gained in extended trading today as it raised its full-year product revenue outlook following a mixed second-quarter earnings report. The company reported a loss before certain costs such as stock compensation…

Cloud

Box reports higher revenue growth as it faces investor showdown

By Robert Hof Aug 25, 2021

As Box Inc. battles an activist investor’s demands for changes to the company, its earnings report today may provide a bit of ammunition for the content management firm to keep control ahead of its…

Cloud

A 10-year journey with MySQL brings Oracle’s HeatWave into the query database discussion

By Mark Albertson Aug 25, 2021

When Oracle Corp. acquired the rights to MySQL through its purchase of Sun Microsystems Inc. in 2010, the company had a decision to make. Should it pursue a set of partnerships to retool the…

Infra

Report: Western Digital in talks for $20B+ merger with flash chip maker Kioxia

By Maria Deutscher Aug 25, 2021

Shares of data storage giant Western Digital Corp. jumped 7.8% today after the Wall Street Journal reported that the company is holding merger talks with Kioxia Holdings Corp., a major flash memory manufacturer. The…

explore news

White House holds summit to discuss national cybersecurity strategy

Report: Facebook is thinking about creating a commission to advise on elections

A 10-year journey with MySQL brings Oracle’s HeatWave into the query database discussion

Report: Western Digital in talks for $20B+ merger with flash chip maker Kioxia

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