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Security

Microsoft warns that Chinese hackers are targeting vulnerabilities in Exchange Server

By Duncan Riley Mar 2, 2021

Microsoft Corp. issued a warning today that a new Chinese state-sponsored hacking group is targeting on-premises versions of Microsoft Exchange Server using a number of recently identified and now patched vulnerabilities. The hacking group,…

Emerging Tech

Uber spins off Postmates X as a new company called Serve Robotics

By Duncan Riley Mar 2, 2021

Following its acquisition of Postmates Inc. last year, Uber Technologies Inc. today spun off the delivery provider’s robotics division previously known as Postmates X into a new company called Serve Robotics Inc. Serve Robotics…

Security

TPG Capital to acquire cybersecurity firm Thycotic for $1.4B

By Duncan Riley Mar 2, 2021

Private equity firm TPG Capital today announced it has signed a deal to acquire cybersecurity firm Thycotic Software Ltd. for $1.4 billion. Founded in 1996, Thycotic offers privileged access management solutions that are designed…

Policy

Intel ordered to pay $2.18 billion for patent infringement

By Mike Wheatley Mar 2, 2021

Computer chipmaker Intel Corp. suffered a major blow today after losing a high-profile patent infringement trial and being ordered to pay $2.18 billion in compensation. Intel had denied infringing on two patents owned by…

Infra

HPE beats forecasts but fails to return to growth as data center business drags

By Paul Gillin Mar 2, 2021

Hewlett Packard Enterprise Co. shares climbed 3% in after-hours trading today before falling back after the company reported fiscal first-quarter results that topped Wall Street expectations. The results provided the best evidence yet that…

Cloud

Box posts solid earnings beat as it executes on its cloud vision

By Mike Wheatley Mar 2, 2021

Cloud storage and content management firm Box Inc. delivered strong fourth-quarter financial results today, beating expectations on earnings and revenue and posting guidance that came in above estimates. The company reported a profit before certain…

Apps

Lyft, Microsoft, Airbnb and others launch the Mobile Native Foundation

By Maria Deutscher Mar 2, 2021

A group of leading tech firms has teamed up to launch the Mobile Native Foundation, a new industry group dedicated to encouraging the creation of open-source developer tools for building mobile apps. The Mobile…

Emerging Tech

Microsoft introduces Mesh to enable more immersive mixed-reality apps

By Maria Deutscher Mar 2, 2021

Microsoft Corp. today introduced Microsoft Mesh, a service that will allow users to create avatars and project them into virtual environments such as ocean floor simulations. The service is aimed at developers, who the…

Apps

New $265M round lifts Instacart’s valuation to $39B

By Maria Deutscher Mar 2, 2021

Grocery delivery giant Instacart Inc. announced today it has closed a $265 million funding round at a $39 billion valuation, which means the startup is now valued at twice what it was worth last October after…

Big Data

Kaskada data science automation platform aims to speed machine learning models into production

By Paul Gillin Mar 2, 2021

More than a year after announcing plans to automate the feature engineering phase of artificial intelligence projects, Seattle-based startup Kaskada Inc. is bringing its first product to market. Kaskada says it aims to democratize…

explore news

Microsoft warns that Chinese hackers are targeting vulnerabilities in Exchange Server

Uber spins off Postmates X as a new company called Serve Robotics

TPG Capital to acquire cybersecurity firm Thycotic for $1.4B

Intel ordered to pay $2.18 billion for patent infringement

HPE beats forecasts but fails to return to growth as data center business drags

Lyft, Microsoft, Airbnb and others launch the Mobile Native Foundation

New $265M round lifts Instacart’s valuation to $39B

Kaskada data science automation platform aims to speed machine learning models into production

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