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Cloud

Elastic’s stock rises sharply on strong quarterly revenue beat

By Mike Wheatley Jun 2, 2021

Netherlands-based enterprise search company Elastic NV’s stock jumped in after-hours trading today thanks to strong performances from its emerging observability and security businesses in its fiscal fourth quarter. The company reported a loss before…

Big Data

Splunk’s stock sinks on bigger-than-expected quarterly loss

By Mike Wheatley Jun 2, 2021

Splunk Inc. reported a bigger-than-expected loss in its fiscal first-quarter financial results today that, coupled with a revenue outlook that was below consensus, sent the big-data company’s stock down more than 3% in after-hours…

Infra

Strong progress in cloud helps NetApp beat earnings forecast

By Mike Wheatley Jun 2, 2021

Data storage pioneer NetApp Inc. posted strong fiscal fourth-quarter financial results today, beating analysts’ expectations thanks to sustained growth in its public cloud services offerings. The company reported a profit before certain costs such…

Cloud

Cisco builds next-gen operational model for the hybrid cloud

By Mark Albertson Jun 2, 2021

If there is a singular example that shows how the cloud is paving the way for a new operating model where virtually everything will be delivered as-a-service, consider the mobile banking app. Applications for…

Cloud

Next-gen solutions in AI, security and life sciences featured at second AWS Startup Showcase on June 16

By Betsy Amy-Vogt Jun 2, 2021

Any newborn has a better rate of survival when it is nurtured and supported. A baby bird that falls from the nest is probably doomed, but one protected and sustained will grow stronger until…

Cloud

Stack Overflow to be acquired by tech investment group Prosus for $1.8B

By Maria Deutscher Jun 2, 2021

Tech investment firm Prosus NV today said it will pay $1.8 billion to acquire Stack Overflow, a hugely popular website for developers that boasts more than 100 million users. Stack Overflow is operated by Stack…

Cloud

Celonis‌ ‌lands‌ ‌mammoth‌ ‌$1B‌ ‌funding‌ ‌round‌ ‌for‌ ‌its‌ ‌process‌ ‌mining‌ ‌technology‌ ‌

By Maria Deutscher Jun 2, 2021

Celonis GmbH, a New York- and Germany-based startup that helps large enterprises find ways of making their operations more efficient, has closed a mammoth $1 billion funding round at an $11 billion valuation. The…

AI

Facebook is moving all of its AI models to the open-source PyTorch framework

By Mike Wheatley Jun 2, 2021

Facebook Inc. today revealed that it’s going all-in on PyTorch as its default artificial intelligence framework. The company said that by migrating all of its AI systems to PyTorch, it will be able to…

AI

TruEra launches TruEra Monitoring to accurately debug AI in production

By Kyt Dotson Jun 2, 2021

TruEra Inc., an artificial intelligence quality solutions and explainability specialist company, today announced the launch of TruEra Monitoring, the first highly accurate debugging solution for monitoring machine learning models in production. This will allow…

Security

Survey finds CISOs are relying on outdated, report-based threat intelligence

By Duncan Riley Jun 2, 2021

The vast majority of chief information security officers rely on outdated, report-based threat intelligence, according to a new threat intelligence survey from threat intelligence firm Cybersixgill Ltd. Based on a survey more than 150…

all stories

Elastic’s stock rises sharply on strong quarterly revenue beat

Stack Overflow to be acquired by tech investment group Prosus for $1.8B

Celonis‌ ‌lands‌ ‌mammoth‌ ‌$1B‌ ‌funding‌ ‌round‌ ‌for‌ ‌its‌ ‌process‌ ‌mining‌ ‌technology‌ ‌

Facebook is moving all of its AI models to the open-source PyTorch framework

TruEra launches TruEra Monitoring to accurately debug AI in production

Survey finds CISOs are relying on outdated, report-based threat intelligence

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