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Infra

Car connectivity startup Aviva raises $26.5M in new funding

By Mike Wheatley Sep 8, 2021

Automotive connectivity startup Aviva Technology Holding has driven itself into the limelight today, announcing a $26.5 million funding led by the founders of chipmaker Marvell Technology Group, Dr. Sehat Sutardja and Weili Dai. Other…

Security

Ragnar Locker ransomware gang threatens to publish stolen data if victims contact authorities

By Duncan Riley Sep 7, 2021

Despite spurious reports that the infamous Ragnar Locker ransomware gang had quit and published its decryption keys, it turns out that it’s still active and actively threatening its victims. As first reported today by Bleeping Computer,…

Cloud

Microsoft acquires Australian video editing startup Clipchamp

By Duncan Riley Sep 7, 2021

Microsoft Corp. today said it has acquired video editing platform startup Clipchamp Pty Ltd. for an undisclosed price. Clipchamp was founded in 2013 in Brisbane, Australia, or as it terms the city, Meanjin on…

AI

Ford hires exec who was behind Apple’s secretive Apple Car project

By James Farrell Sep 7, 2021

Ford Motor Co. announced today that it has hired Doug Field, a former Apple Inc. executive who worked on the company’s autonomous car project. Field reportedly led Apple’s efforts to build an autonomous electric…

Cloud

Smartsheet shares drop despite better-than-expected earnings

By Duncan Riley Sep 7, 2021

Shares in work management platform provider Smartsheet Inc. dropped in after-hours trading today despite its reporting better-than-expected second-quarter earnings results. For the quarter ended July 30, Smartsheet reported total revenue of $131.7 million, an…

Cloud

Coupa’s strong revenue growth drives surprise earnings beat

By Mike Wheatley Sep 7, 2021

Payments technology provider Coupa Software Inc. saw its stock jump more than 5% in after-hours trading today as it posted a surprisingly strong fiscal second-quarter earnings beat thanks to impressive revenue growth. The company…

AI

UiPath stock drops despite strong earnings beat and customer growth

By Mike Wheatley Sep 7, 2021

Automation software company UiPath Inc. saw its stock slide almost 8% in extended trading today despite posting strong second-quarter financial results that topped expectations and raising its full-year guidance. The company reported a profit before…

Infra

Intel says it could invest up to $95B in new European chip factories

By Mike Wheatley Sep 7, 2021

Intel Corp. said today it could spend up to $95 billion to build as many as eight new semiconductor manufacturing plants in Europe, as part of its response to the ongoing global chip shortage.…

Cloud

Cloud is the ‘new normal’ as businesses boost resiliency and agility beyond COVID

By Silvia Fregoni Sep 7, 2021

The COVID-19 pandemic and the business challenges it caused were a catalyst for many companies to accelerate their migration to the cloud, and that trend is not likely to change anytime soon. Amazon Web…

Cloud

New releases from AWS aim to bridge storage administrators’ path to the cloud

By Silvia Fregoni Sep 7, 2021

While moving to the cloud seems to be the natural path for many workloads and enterprise applications, there is still some resistance to be overcome. This is the case with some storage administrators, who…

all stories

Ragnar Locker ransomware gang threatens to publish stolen data if victims contact authorities

Microsoft acquires Australian video editing startup Clipchamp

Ford hires exec who was behind Apple’s secretive Apple Car project

Smartsheet shares drop despite better-than-expected earnings

Coupa’s strong revenue growth drives surprise earnings beat

UiPath stock drops despite strong earnings beat and customer growth

Intel says it could invest up to $95B in new European chip factories

Cloud is the ‘new normal’ as businesses boost resiliency and agility beyond COVID

New releases from AWS aim to bridge storage administrators’ path to the cloud

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