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Cloud

IBM to acquire cloud optimization provider Turbonomic for reported $1.5B+

By Maria Deutscher Apr 29, 2021

IBM Corp. is acquiring Turbonomic Inc., a Boston-based company with a platform that helps enterprises reduce cloud expenses and improve their applications’ performance. IBM didn’t disclose the value of the deal, which was announced…

Big Data

Snowflake and Io-Tahoe see growing customer interest in combined solution to address data quality

By Mark Albertson Apr 29, 2021

The partnership between Io-Tahoe LLC and Snowflake Inc. represents an acknowledgement that the power of the cloud combined with intelligent automation is going to play a central role in the future of enterprise data…

Cloud

Wasabi raises $112M more to take on the cloud storage market

By Maria Deutscher Apr 29, 2021

Cloud-based data storage provider Wasabi Technologies Inc. today disclosed that it has raised $112 million in additional funding, led by Fidelity Management & Research, to buy more infrastructure and expand its go-to-market program. Wasabi…

Cloud

Google Cloud and 2K introduce ‘Open Saves’ open-source storage for game developers

By Kyt Dotson Apr 29, 2021

Google Cloud, in partnership with American game publisher 2K, today announced the development of an open-source, cloud-native storage interface called “Open Saves” for video game developers. Video games, whether single-player or multiplayer, create immersive and…

Infra

Dell’s plans for 5G, edge and Project APEX set the backdrop for Dell Technologies World, May 5-6

By Mark Albertson Apr 29, 2021

For Dell Technologies Inc., 2020 set the table for what promises to be a very active 2021. The company achieved a record fiscal year, generating $94.2 billion in total sales, which included a high…

Big Data

Watch Live: Enterprise interest in AI for analytics drives Io-Tahoe and Snowflake collaboration, Apr. 29

By Mark Albertson Apr 29, 2021

Enterprises are learning that integrating artificial intelligence and machine learning into a data analytics strategy can result in two significant benefits: increased innovation and reduced costs. These two outcomes are fueling interest in the…

Security

Threat detection startup Vectra AI raises $130M on unicorn valuation of $1.2B

By Duncan Riley Apr 29, 2021

Artificial intelligence-driven threat detection and response startup Vectra AI Inc. announced today it has raised $130 million in new funding to expand its platform and expand into new markets. The round was led by funds…

Policy

Facebook admits hiding posts asking India Prime Minister Modi to resign

By James Farrell Apr 28, 2021

Indian Facebook Inc. users today lashed out at the company after they found that any posts featuring a hashtag asking for the resignation of Prime Minister Narendra Modi were hidden. When people tried to…

Security

Financial services firm First Horizon suffers data breach with customer funds stolen

By Duncan Riley Apr 28, 2021

Financial services company First Horizon Corp. has suffered a data breach that saw customer accounts accessed and funds stolen. Disclosed in a filing today with the U.S. Securities and Exchange Commission, the data breach is…

Apps

Samsung beats earnings forecast on strong demand for mobile devices

By Duncan Riley Apr 28, 2021

Samsung Electronics Co. Ltd. beat analyst estimates for its first-quarter earnings on strong demand for its mobile devices. For the quarter ended March 31, Samsung reported revenue of KWN 65.39 trillion ($59 billion), up…

all stories

Snowflake and Io-Tahoe see growing customer interest in combined solution to address data quality

Dell’s plans for 5G, edge and Project APEX set the backdrop for Dell Technologies World, May 5-6

Watch Live: Enterprise interest in AI for analytics drives Io-Tahoe and Snowflake collaboration, Apr. 29

Threat detection startup Vectra AI raises $130M on unicorn valuation of $1.2B

Facebook admits hiding posts asking India Prime Minister Modi to resign

Financial services firm First Horizon suffers data breach with customer funds stolen

Samsung beats earnings forecast on strong demand for mobile devices

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