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AI

RPA provider UiPath raises $750M at massive $35B valuation

By Maria Deutscher Feb 1, 2021

Robotic process automation provider UiPath Inc. today announced that it has closed $750 million in new funding at a post-money valuation of $35 billion, more than three times what it was worth after its…

Big Data

With massive $1B infusion, Databricks takes aim at IPO and rival Snowflake

By Paul Gillin Feb 1, 2021

When Bloomberg recently disclosed Databricks Inc.’s ambitions to go public early this year, it noted that the company was aiming for a “significantly higher” valuation than the $6.2 billion it was assigned after closing…

Cloud

Ford and Google team up for Android-powered connected cars

By Maria Deutscher Feb 1, 2021

Ford Motor Co. today announced a broad, six-year partnership with Google LLC to install Android in millions of upcoming vehicles. Under the agreement, Ford has also named Google as its preferred cloud provider and…

Security

Kubernetes security startup Alcide acquired by Rapid7 for $50M

By Maria Deutscher Feb 1, 2021

Publicly traded cybersecurity provider Rapid7 Inc. today disclosed that it has acquired Alcide.IO Ltd., a startup with a software platform for protecting Kubernetes clusters from cyberattacks. The deal is valued at about $50 million.…

Blockchain

Fine wines become first tokenized security issued under new Swiss blockchain law

By Kyt Dotson Feb 1, 2021

Syngum Bank AG and Fine Wine Capital AG today announced that a range of premium investable wines have been tokenized onto a distributed ledger blockchain, creating the first asset tokens issued under a new…

Cloud

CIOs commit random acts of cloud in 2021 as adoption becomes mission-critical

By Betsy Amy-Vogt Feb 1, 2021

The race to cloud adoption has elevated the role of chief information officer from systems maintenance to critical strategist. True, the virtualization of the datacenter has relieved some of the CIO’s traditional burdens, but…

Security

Vulnerability in Azure Functions allows an attacker to escape to the Docker host

By Duncan Riley Jan 31, 2021

A newly discovered vulnerability in Microsoft Azure Functions can allow an attacker to escalate privileges and escape the Azure Functions Docker container to the Docker host. Azure Functions, Microsoft Corp.’s equivalent to Amazon Web…

Security

Customer data stolen in hack targeting UScellular

By Duncan Riley Jan 31, 2021

United States Cellular Corp., the country’s fourth-largest wireless carrier, has been hacked with customer information stolen. The hack came to light through a Jan. 21 disclosure to the Office of the Vermont Attorney General that…

Cloud

These four key drivers will cause tech spending to roar back in 2021

By Dave Vellante Jan 31, 2021

Tech spending is about to roar back. Following a 4% to 5% contraction in 2020, we expect a 6% to 7% increase in 2021 technology spending. We see four key drivers for that growth: 1)…

Apps

Videoconferencing providers tap open source, AI and new chips to meet zooming demand

By Mark Albertson Jan 29, 2021

Before March 2020, the videoconferencing industry was a mix of services and team collaboration tools that had respectable enterprise participation and modest consumer usage. But in what may well represent one of the fastest…

explore news

RPA provider UiPath raises $750M at massive $35B valuation

With massive $1B infusion, Databricks takes aim at IPO and rival Snowflake

Ford and Google team up for Android-powered connected cars

Kubernetes security startup Alcide acquired by Rapid7 for $50M

Fine wines become first tokenized security issued under new Swiss blockchain law

Vulnerability in Azure Functions allows an attacker to escape to the Docker host

Customer data stolen in hack targeting UScellular

Videoconferencing providers tap open source, AI and new chips to meet zooming demand

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