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Policy

Trump remains banned on Facebook after review, and he’s not happy

By James Farrell May 5, 2021

Former U.S. President Donald Trump will not be back on Facebook anytime soon after the social network giant’s Oversight Board decided today to uphold his suspension. However, the board criticized Facebook for handing down a…

Blockchain

Galaxy Digital snaps up cryptocurrency wallet and custodial startup BitGo for $1.2B

By Duncan Riley May 5, 2021

Enterprise cryptocurrency wallet and custodial services startup BitGo Inc. has been acquired by Galaxy Digital Holdings Ltd. for $1.2 billion. Founded in 2013, BitGo offers enterprise-grade multiuser cryptocurrency wallets along with application programming interface access to its…

Emerging Tech

Uber shares drop on weaker-than-expected first-quarter revenue

By Duncan Riley May 5, 2021

Shares in Uber Technologies Inc. dropped in after-hours trading today after the ride-hailing giant reported weaker-than-expected first-quarter revenue, despite a lower-than-expected loss. For the quarter ended March 31, Uber reported a loss of $108…

Infra

Xilinx reports record sales ahead of acquisition by AMD

By Mike Wheatley May 5, 2021

Computer chipmaker Xilinx Inc. beat expectations today as it reported record revenue in its fiscal fourth quarter ahead of its proposed acquisition by Advanced Micro Devices Inc. later this year. The company, which makes…

Cloud

Twilio beats earnings target and announces plans for R&D reshuffle

By Mike Wheatley May 5, 2021

Cloud communications platform provider Twilio Inc. posted a strong earnings beat and solid guidance today as it announced a reorganization of its product and research and development efforts. The company reported a first-quarter profit before…

Infra

Dell: The edge is the next infrastructure battleground

By R. Danes May 5, 2021

There’s more to hybrid information technology than cloud and on-premises data centers. The edge is exploding; and now, “near-cloud” is wending its way into the picture. This is giving infrastructure companies, like Dell Technologies…

Infra

Dell previews the future of its APEX as-a-service strategy

By Alice Gillin May 5, 2021

In October 2020, Dell announced Project APEX, its as-a-service strategy that will revolutionize the way consumers interact with Dell products by offering consumption-based payment instead of flat-rate licenses or purchase fees. In the six…

Cube Event Coverage

The ‘AI effect’ headlines IBM Think 2021 as enterprises emerge from coronaconomy

By Betsy Amy-Vogt May 5, 2021

The business world is changing. Has changed. The COVID-19 pandemic drove companies to transform three times faster in 2020 than in previous years, with 66% shifting to more cloud-based business activities. As enterprise clients…

Big Data

After $40M round, database startup Timescale moves to accelerate feature roadmap

By Maria Deutscher May 5, 2021

Time-series database maker Timescale Inc. today disclosed that it has received $40 million in fresh funding from an investor group led by Redpoint Ventures. The New York-based startup said that it plans to step…

Cloud

New version of Enterprise Manager helps Oracle customers connect the hybrid dots

By Mark Albertson May 5, 2021

Oracle Corp. is strengthening its offerings for monitoring and management automation in the hybrid cloud. The company announced the newest release of Oracle Enterprise Manager in late April. The latest version – 13c, Release…

the latest

Trump remains banned on Facebook after review, and he’s not happy

Galaxy Digital snaps up cryptocurrency wallet and custodial startup BitGo for $1.2B

Uber shares drop on weaker-than-expected first-quarter revenue

Xilinx reports record sales ahead of acquisition by AMD

Dell: The edge is the next infrastructure battleground

Dell previews the future of its APEX as-a-service strategy

The ‘AI effect’ headlines IBM Think 2021 as enterprises emerge from coronaconomy

After $40M round, database startup Timescale moves to accelerate feature roadmap

New version of Enterprise Manager helps Oracle customers connect the hybrid dots

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