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Cloud

Red Hat extends its focus to the network edge

By Mike Wheatley Apr 27, 2021

Open-source software giant Red Hat Inc. is positioning its flagship operating system as the basis for multiple types of computing workloads at the edge of the network. The company said today the release of…

Security

Cigent scores $7.6M for its file-level security technology

By Paul Gillin Apr 27, 2021

Cigent Technology Inc. today said it closed a $7.6M Series A funding round to develop and sell its technology that protects against ransomware, data theft and malicious insider attacks by applying security at the…

Cloud

With latest Enterprise Manager release, Oracle moves into hybrid cloud monitoring

By Mike Wheatley Apr 27, 2021

Oracle Corp. announced a big update to its Oracle Enterprise Manager tool today that delivers what it said are “major breakthroughs” in monitoring and management automation for Oracle environments. Introducing the new release in…

Infra

Dell and Red Hat target new joint reference architecture at carriers

By Maria Deutscher Apr 27, 2021

Dell Technologies Inc. and IBM Corp.’s Red Hat have jointly developed an infrastructure reference architecture to assist telecommunications companies with the upgrade to 5G. The architecture was detailed today at the virtual Red Hat…

Security

Musical instrument marketplace Reverb exposes 5.6M customer records via Elasticsearch

By Duncan Riley Apr 26, 2021

Musical instrument marketplace Reverb.com LLC has suffered a data breach, with details of 5.6 million users exposed online. First discovered and detailed April 23 by security researcher Bob Diachenko, the data breach involved an exposed…

Emerging Tech

Lyft is selling its self-driving car unit for $550 million to Toyota’s Woven Planet

By James Farrell Apr 26, 2021

Lyft Inc. announced today that it’s selling its self-driving car unit Level 5 for $550 million to Woven Planet, a subsidiary of Toyota Motor Co. Some $200 million will be paid upfront, while the…

Infra

NXP’s automotive, industrial and mobile chips all see double-digit growth

By Mike Wheatley Apr 26, 2021

Dutch chipmaker NXP Semiconductors N.V. only just beat expectations on revenue as it delivered its first-quarter financial results today. The company reported a profit before certain costs such as stock compensation of $2.31 per share…

Infra

Watch live: Focus on OpenShift and hybrid just part of the many storylines for Red Hat Summit on April 27-28

By Mark Albertson Apr 26, 2021

For Jim Whitehurst, becoming the chief executive of Red Hat Inc. in 2007 was like ordering a five-course meal and only receiving a couple of appetizers. He expected to find a customer list that…

Apps

Apple reveals plans to invest $430B in US over five years

By Maria Deutscher Apr 26, 2021

Apple Inc. today announced that it will invest $430 billion in the U.S. over the next five years as part of an expansion initiative that includes, among other things, plans to spend “tens of…

Security

Thoma Bravo inks $12.3B deal to acquire cybersecurity specialist Proofpoint

By Maria Deutscher Apr 26, 2021

Publicly traded cybersecurity provider Proofpoint Inc. today announced that it has agreed to be acquired by Thoma Bravo, a prominent private equity firm, in a $12.3 billion all-cash transaction. The deal is set to…

the latest

Cigent scores $7.6M for its file-level security technology

Dell and Red Hat target new joint reference architecture at carriers

Musical instrument marketplace Reverb exposes 5.6M customer records via Elasticsearch

Lyft is selling its self-driving car unit for $550 million to Toyota’s Woven Planet

NXP’s automotive, industrial and mobile chips all see double-digit growth

Watch live: Focus on OpenShift and hybrid just part of the many storylines for Red Hat Summit on April 27-28

Apple reveals plans to invest $430B in US over five years

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