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Blockchain

Hackers steal $600M in cryptocurrency from DeFi provider Poly Network

By Duncan Riley Aug 10, 2021

Cross-chain decentralized finance platform provider Poly Network has been hacked with more than $600 million in cryptocurrency stolen. The Poly Network provides a service that offers interoperability among multiple blockchains. It allows users to…

Security

NortonLifeLock acquires Avast as McAfee reports solid earnings

By Duncan Riley Aug 10, 2021

Another busy day on the cybersecurity front: NortonLifeLock Inc. said late today it’s acquiring Avast plc, and McAfee Corp. beat analysts’ expectations in its second-quarter earnings. The acquisition of Avast PLC, formally referred to…

Blockchain

Coinbase shares flat despite beating estimates in its first post-IPO earnings

By Duncan Riley Aug 10, 2021

Shares in Coinbase Global Inc. remained somewhat flat in after-hours trading today despite the cryptocurrency exchange strongly beating estimates in its first earnings report after going public in April. For the quarter ended June…

Cloud

Unity buys remote desktop streaming app Parsec for $320M, its biggest acquisition yet

By Mike Wheatley Aug 10, 2021

Unity Software Inc. underscored its ambitions to move beyond videogame development today with the news that it’s acquiring remote desktop provider Parsec Cloud Inc. in a $320 million deal. The acquisition, its biggest to…

Cloud

Cloudera and Nvidia partnership looks to streamline data science and accelerated workloads

By Mark Albertson Aug 10, 2021

The recent partnership between Cloudera Inc. and Nvidia Corp., announced in April, is worth watching as it represents an important step in creating architectures of the future for streamlining data science and machine learning…

AI

OpenAI’s new Codex neural network writes software in response to text prompts

By Maria Deutscher Aug 10, 2021

OpenAI LLC today launched the private beta program for an artificial intelligence system dubbed Codex that can write software and perform data science tasks in response to natural-language prompts. Codex will be available to…

Cloud

How Google Cloud makes diving into the data lake simpler for the enterprise

By Chad Wilson Aug 10, 2021

When COVID-19 struck, companies were forced to take a step back and rethink the way they did business. That, in turn, led to innovation in the digitization of and access to data as companies…

Big Data

New benchmark data shows Oracle HeatWave gaining traction for speed, cost savings

By Mark Albertson Aug 10, 2021

Concurrent with the latest enhancements for Oracle Corp.’s HeatWave MySQL database announced today, the company is beginning to gather and report benchmark data from key customers since introduction of the service in December. The…

Cloud

Report: NSA awards $10B cloud computing contract to AWS

By Maria Deutscher Aug 10, 2021

The National Security Agency has awarded a $10 billion cloud computing contract to Amazon Web Services Inc., Nextgov reported today. The publication also reported that the decision to grant the deal to AWS has…

Security

Investors value OwnBackup at $3.35B in new $240M funding round

By Maria Deutscher Aug 10, 2021

A group of investors led by Alkeon Capital and B Capital Group has bought a $240 million stake in data protection startup OwnBackup Inc. at a $3.35 billion valuation, $2 billion more than it…

explore news

Hackers steal $600M in cryptocurrency from DeFi provider Poly Network

NortonLifeLock acquires Avast as McAfee reports solid earnings

Coinbase shares flat despite beating estimates in its first post-IPO earnings

Unity buys remote desktop streaming app Parsec for $320M, its biggest acquisition yet

Cloudera and Nvidia partnership looks to streamline data science and accelerated workloads

OpenAI’s new Codex neural network writes software in response to text prompts

New benchmark data shows Oracle HeatWave gaining traction for speed, cost savings

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