Page 2556 – SiliconANGLE

Blockchain

Arianee raises $9.6M seed funding to develop its luxury industry blockchain

By Kyt Dotson Mar 11, 2021

Arianee, an alliance of brands that develops distributed ledger blockchain technology to track and trace luxury goods, today announced it has closed $9.6 million in seed funding. The company aims to develop its technology…

Cloud

WANdisco teams up with Snowflake to bring enterprises’ Hadoop data into the cloud

By Maria Deutscher Mar 11, 2021

WANdisco PLC and Snowflake Inc. today said that they’re joining forces to help enterprises move information from their on-premises Hadoop clusters into Snowflake’s cloud data warehouse. Publicly traded WANdisco develops data management products. Last…

Policy

Epic Games sues Google in Australia over alleged anticompetitive behavior

By Duncan Riley Mar 10, 2021

Epic Games Ltd. has taken its ongoing battle over commissions charged in app stores to Australia, filing a lawsuit claiming that Google LLC is abusing its control over Android. The lawsuit, filed in the…

Cloud

Enterprise service mesh startup Tetrate raises $40M

By Duncan Riley Mar 10, 2021

Enterprise service mesh startup Tetrate Inc. has raised $40 million in new funding for product development, to support a new software-as-a-service offering, hire more people and expand its global reach. The Series B round…

Apps

Report: Apple cuts iPhone 12 production by 20% on weaker-than-expected demand

By Duncan Riley Mar 10, 2021

Despite overtaking Samsung Electronics Co. Ltd. globally in smartphone sales in the fourth quarter, sales of Apple Inc.’s iPhones are not meeting sales expectations, prompting the company to cut production on weaker-than-expected demand, according…

Cloud

Sumo Logic beats earnings targets but stumbles on soft sales guidance

By Mike Wheatley Mar 10, 2021

Cloud analytics software provider Sumo Logic Inc. beat expectations with strong fiscal fourth-quarter results today, but the company’s stock promptly fell in after-hours trading after a soft sales forecast for the year ahead. The company…

Cloud

Asana’s stock rises on another strong earnings beat

By Mike Wheatley Mar 10, 2021

Project software provider Asana Inc. saw its stock rise today after reporting fiscal fourth-quarter financial results that beat expectations. The company reported a loss before certain costs such as stock compensation of 22 cents…

Cloud

Oracle beats earnings forecast but says investments will tamp down next quarter

By Paul Gillin Mar 10, 2021

Oracle Corp. today reported financial results that topped expectations in its fiscal third quarter on the strength of sales of its Generation 2 Cloud Infrastructure and cloud-based enterprise resource planning products. Executive Chairman and…

Big Data

Cloudera’s stock tanks on lower guidance despite strong earnings results

By Mike Wheatley Mar 10, 2021

Big data pioneer Cloudera Inc. saw its stock lose more than 10% of its value in late trading today after offering revenue guidance for the next quarter and full year that came in far…

Apps

After blockbuster direct listing, gaming company Roblox now worth $45B+

By Maria Deutscher Mar 10, 2021

Roblox Corp. floated on the New York Stock Exchange today through a direct listing and closed its first day of trading at $69.5 per share, giving the company a fully diluted market capitalization of…

all stories

Arianee raises $9.6M seed funding to develop its luxury industry blockchain

Epic Games sues Google in Australia over alleged anticompetitive behavior

Report: Apple cuts iPhone 12 production by 20% on weaker-than-expected demand

Asana’s stock rises on another strong earnings beat

Oracle beats earnings forecast but says investments will tamp down next quarter

Cloudera’s stock tanks on lower guidance despite strong earnings results

After blockbuster direct listing, gaming company Roblox now worth $45B+

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