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Infra

Juniper’s stock stumbles after-hours as company warns of supply constraints

By Mike Wheatley Jul 27, 2021

Investors bailed out on Juniper Networks Inc. today after the company warned that it may struggle to protect its profit margins in the coming quarter amid problems stemming from the global semiconductor shortage. The…

Infra

An EPYC quarter: AMD beats earnings expectations as it grabs market share

By Mike Wheatley Jul 27, 2021

Advanced Micro Devices Inc.’s strong run continued as it beat expectations again with its second-quarter financial results today. The company also guided higher for the current quarter and upped its full-year guidance as well…

Apps

Apple crushes earnings expectations as iPhone sales soar 50%

By Mike Wheatley Jul 27, 2021

Apple Inc. delivered third-quarter financial results that crushed Wall Street’s expectations today, with iPhone sales up almost 50% compared to the year prior, but its stock fell in extended trading as it warned growth…

Cloud

Microsoft blows past earnings estimates on continuing strong cloud growth

By Paul Gillin Jul 27, 2021

Microsoft Corp. continued its recent record of smashing earnings expectations with fiscal fourth-quarter results that handily beat analyst estimates on growth in its cloud business that has accelerated since last quarter. The company reported…

Cloud

Ad spending and Google Cloud accelerate Alphabet’s earnings once again

By Robert Hof Jul 27, 2021

The economy’s fitful emergence from the pandemic drove a big upside surprise in second-quarter earnings at Google LLC parent Alphabet Inc., thanks to advertising on search results and YouTube — as well as an…

Emerging Tech

Light-based quantum chip startup PsiQuantum raises $450M late-stage funding round

By Maria Deutscher Jul 27, 2021

PsiQuantum Inc. today said that it has nabbed a $450 million late-stage funding round led by investment firm BlackRock Inc. to finance its efforts to build a reliable quantum computer with more than a…

Cloud

Here are 5 insights you might have missed from Red Hat Summit 2021

By Mark Albertson Jul 27, 2021

It has been approximately two years since IBM finalized its acquisition of Red Hat Inc. for $34 billion, and the Red Hat Summit in April offered an opportunity to assess the state of the open-source world and…

AI

AI startup DataRobot reaches $6.3B valuation with late-stage $300M funding round

By Maria Deutscher Jul 27, 2021

DataRobot Inc., a startup whose software makes building artificial intelligence models easier, today said that it has raised $300 million in late-stage funding at a $6.3 billion valuation. Boston-based DataRobot is already putting the…

Big Data

Splunk names database pioneer David DeWitt vice president and technical fellow

By Maria Deutscher Jul 27, 2021

Splunk Inc. today announced that pioneering computer scientist David DeWitt is joining the company in the role of vice president and technical fellow to support software engineering efforts. DeWitt, a computer science professor at…

AI

ASAPP’s CLIP dataset helps train AI to read clinical notes more efficiently

By Mike Wheatley Jul 27, 2021

Artificial intelligence startup ASAPP Inc. has created what it says is a more targeted way of training AI models that can help improve outpatient care. ASAPP, which sells AI-powered customer care and sales platforms…

explore news

Juniper’s stock stumbles after-hours as company warns of supply constraints

An EPYC quarter: AMD beats earnings expectations as it grabs market share

Apple crushes earnings expectations as iPhone sales soar 50%

Light-based quantum chip startup PsiQuantum raises $450M late-stage funding round

Here are 5 insights you might have missed from Red Hat Summit 2021

AI startup DataRobot reaches $6.3B valuation with late-stage $300M funding round

Splunk names database pioneer David DeWitt vice president and technical fellow

ASAPP’s CLIP dataset helps train AI to read clinical notes more efficiently

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