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Policy

European Commission investigates Facebook Kustomer deal on competition grounds

By Duncan Riley Aug 2, 2021

The European Commission has launched an investigation into Facebook Inc.’s acquisition of customer service firm Kustomer Inc. on the grounds that the purchase may hurt competition. Facebook purchased Kustomer in December for a figure…

Infra

Arista Networks easily beats Wall Street’s earnings and revenue guidance

By Mike Wheatley Aug 2, 2021

Cloud network company Arista Networks Inc. ticked all of the right boxes today as it delivered its second-quarter financial results today, beating estimates on earnings and revenue and posting strong guidance for the next…

Security

Industrial cybersecurity firm Nozomi Networks raises $100M to accelerate growth

By Duncan Riley Aug 2, 2021

Industrial cybersecurity firm Nozomi Networks Inc. said today it has raised $100 million in new funding to help accelerate the company’s growth. Triangle Peak Partners led the Series D round. Other investors included Forward Investments,…

Infra

Chipmaker NXP delivers strong earnings while supply chain problems persist

By Mike Wheatley Aug 2, 2021

Dutch chipmaker NXP Semiconductors N.V. posted strong second-quarter financial results today, beating on earnings and revenue due to a strong performance from its automotive chip segment. The company reported earnings before certain costs such…

Security

Ivanti acquires cybersecurity startup RiskSense

By Maria Deutscher Aug 2, 2021

Ivanti Inc., a major provider of software for managing information technology infrastructure, today announced that it has acquired venture-backed startup RiskSense Inc. to expand its cybersecurity capabilities. The deal is the latest in a…

Apps

Google previews new Pixel phones with AI-optimized Tensor chip

By Maria Deutscher Aug 2, 2021

Google LLC today previewed its next two Pixel smartphones, which the search giant says will be powered by an internally-developed chip with an embedded machine learning module. The Pixel 6 and Pixel 6 Pro are…

AI

Salesforce’s MuleSoft buys RPA specialist Servicetrace

By Maria Deutscher Aug 2, 2021

MuleSoft today announced that it’s buying Servicetrace GmbH, a German software company with a robotic process automation platform for making enterprises’ business operations more efficient. Financial terms were not disclosed. MuleSoft is a subsidiary…

Blockchain

Crypto finance startup Matrixport raises $100M at over $1B valuation

By Kyt Dotson Aug 2, 2021

Matrixport, crypto banking and financial services startup spinoff from Bitmain Technologies Ltd., announced today that it has raised $100 million in funding at over $1 billion valuation led by partners of DST Global, C…

AI

Nvidia launches Base Command Platform to provide cloud access to accelerated AI computing resources

By Mike Wheatley Aug 2, 2021

Nvidia Corp.’s previously announced Base Command Platform is now being offered to enterprises that need to develop artificial intelligence models using the most powerful supercomputing resources available. Nvidia Base Command was first seen at…

Security

‘Initial access brokers’ lead ransomware efforts by selling access to compromised networks

By Duncan Riley Aug 2, 2021

A new report into so-called “initial access brokers” from threat intelligence firm Kela Research and Strategy Ltd. has detailed some disturbing trends in the criminal internet underworld and those involved in ransomware endeavors. The…

the latest

European Commission investigates Facebook Kustomer deal on competition grounds

Arista Networks easily beats Wall Street’s earnings and revenue guidance

Industrial cybersecurity firm Nozomi Networks raises $100M to accelerate growth

Chipmaker NXP delivers strong earnings while supply chain problems persist

Ivanti acquires cybersecurity startup RiskSense

Google previews new Pixel phones with AI-optimized Tensor chip

Salesforce’s MuleSoft buys RPA specialist Servicetrace

Crypto finance startup Matrixport raises $100M at over $1B valuation

‘Initial access brokers’ lead ransomware efforts by selling access to compromised networks

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