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Big Data

Databricks reportedly raising $1.5B on a $38B valuation

By Duncan Riley Aug 18, 2021

Databrinks Inc. is reportedly raising at least $1.5 billion in new funding on a valuation of $38 billion despite previous reports that it was planning on going public this year. Bloomberg, citing three people…

Infra

GlobalFoundries files for IPO, dashing hopes of Intel acquisition

By Mike Wheatley Aug 18, 2021

The chipmaker GlobalFoundries Inc. has reportedly filed its plans for an initial public offering, delivering a blow to Intel Corp.’s hopes of acquiring the company. Reports emerged in July that Intel was in discussions…

Apps

Facebook’s new most ‘Widely Viewed’ content report: Don’t stop the presses

By James Farrell Aug 18, 2021

Facebook Inc. today published its first report on what people on the platform look at the most, at least in the U.S., and the result is underwhelming. The move in is line with criticism the…

Blockchain

Facebook’s David Marcus says Novi digital wallet is ready to go

By Duncan Riley Aug 18, 2021

Facebook Inc. says its long-awaited digital wallet Novi is ready to come to market. In a post on Medium today, Marcus (pictured), the head of F2, for Facebook Financial, said the Novi wallet will be…

Infra

Nvidia delivers another earnings beat on massive growth in gaming

By Mike Wheatley Aug 18, 2021

Nvidia Corp. extended its hot streak with its second-quarter financial results today, easily beating expectations thanks to strong gains in gaming, data center and professional visualization. The company reported a profit before certain costs such…

Apps

In its first post-IPO earnings, Robinhood shares plunge on revenue outlook

By Duncan Riley Aug 18, 2021

Shares in Robinhood Markets Inc. plunged in after-hours trading today after the company warned that a slowdown in trading would affect revenue in the coming quarter. In its first post-initial public offering earnings report,…

Security

Government report finds Census Bureau hacked but data not stolen

By Duncan Riley Aug 18, 2021

The U.S. Census Bureau was targeted by a cyberattack last year that compromised some systems but did not result in the theft of census data, according to a new report from the Office of…

Infra

Cisco battles supply challenges and beats earnings expectations

By Mike Wheatley Aug 18, 2021

Cisco Systems Inc. delivered strong fourth-quarter results today, reporting double-digit order growth across all geographies and customer markets, but its stock fell slightly in extended trading as guidance was lower than expected. The company…

Security

Cybersecurity startup Blumira raises $10.3M to make threat detection simpler

By Maria Deutscher Aug 18, 2021

Blumira Inc., a startup with a cloud-based cyberattack detection platform that it says is easier to use than many competing products, has raised $10.3 million in funding. The investment was announced today. According to…

Big Data

Open-source business intelligence startup Preset nabs $35.9M funding

By Maria Deutscher Aug 18, 2021

Business intelligence software startup Preset Inc. today announced that it has raised $35.9 million in funding from existing backer Andreessen Horowitz and new investor Redpoint Ventures, which led the round. The round follows a…

explore news

Databricks reportedly raising $1.5B on a $38B valuation

GlobalFoundries files for IPO, dashing hopes of Intel acquisition

Facebook’s new most ‘Widely Viewed’ content report: Don’t stop the presses

Facebook’s David Marcus says Novi digital wallet is ready to go

Nvidia delivers another earnings beat on massive growth in gaming

In its first post-IPO earnings, Robinhood shares plunge on revenue outlook

Government report finds Census Bureau hacked but data not stolen

Cisco battles supply challenges and beats earnings expectations

Cybersecurity startup Blumira raises $10.3M to make threat detection simpler

Open-source business intelligence startup Preset nabs $35.9M funding

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