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Infra

StorCentric buys former flash storage darling Violin Systems

By Mike Wheatley Oct 29, 2020

Data management software company StorCentric Inc. said today it has acquired the flash storage software provider Violin Systems LLC for an undisclosed price. StorCentric is already a strong player when it comes to block storage and…

Security

Fortinet shares rise after beating analysts’ predictions

By Duncan Riley Oct 29, 2020

Shares in Fortinet Inc. rose slightly in after-hours trading after the cybersecurity company beat analysts’ predictions for its third-quarter earnings. For the quarter ended Sept. 30, Fortinet reported revenue rose 19% from a year ago,…

Cloud

Five9’s stock rises as it beats earnings targets yet again

By Mike Wheatley Oct 29, 2020

Call center software provider Five9 Inc. has come up a winner yet again, comfortably beating Wall Street’s targets with its third-quarter financial results and delivering strong guidance on top of that. The company reported a…

Cloud

Despite topping earnings target, Atlassian sees shares plunge on lower guidance

By Mike Wheatley Oct 29, 2020

Enterprise productivity software company Atlassian Corp. Plc. saw its share price take a nosedive today despite topping Wall Street’s targets with its first-quarter financial results as its guidance for the next quarter came in…

Apps

Apple tops estimates but won’t forecast upcoming quarter, sending shares down

By Paul Gillin Oct 29, 2020

Fueled by strong growth in iPads and Macs during a broad global shift to employees working from home, Apple Inc. posted record fiscal fourth-quarter revenue of $64.7 billion and a profit of 73 cents…

AI

Fostering remote work collaboration among developers will be a key focus at DevOps Virtual Forum

By Mark Albertson Oct 29, 2020

The concept of developers working together at long tables in physical spaces to code software was certainly the norm one year ago. The idea of remote development was more the exception than the rule.…

Big Data

Microsoft adds ‘third dimension’ to Excel with custom data types

By Maria Deutscher Oct 29, 2020

Microsoft Corp. today introduced new data management features for Excel that will make it easier to work with spreadsheets containing complex, regularly updated information. For most of its history, Excel only allowed users to…

Cloud

Cloud and ad spending lift earnings at Amazon, Alphabet and Facebook

By Robert Hof Oct 29, 2020

The big three internet giants today revealed improved earnings despite and in some cases thanks to the COVID-19 pandemic, as advertising and cloud computing growth buoyed third-quarter results. As online ads saw a rebound,…

AI

Intel to acquire AI hyperparameter optimization startup SigOpt

By Maria Deutscher Oct 29, 2020

Intel Corp. today said that it’s buying Andreessen Horowitz-backed artificial intelligence startup SigOpt Inc. for an undisclosed sum. SigOpt, based in San Francisco, develops a software platform that is used by private firms and research groups…

Infra

Marvell to pay $10B for network chipmaker Inphi

By Maria Deutscher Oct 29, 2020

Chipmaker Marvell Technology Group Ltd. today said it has inked a $10 billion deal to acquire Inphi Corp., a maker of semiconductors for optical networks. The deal is a cash-and-stock transaction. Marvell estimates that absorbing Inphi…

explore news

StorCentric buys former flash storage darling Violin Systems

Fortinet shares rise after beating analysts’ predictions

Despite topping earnings target, Atlassian sees shares plunge on lower guidance

Apple tops estimates but won’t forecast upcoming quarter, sending shares down

Fostering remote work collaboration among developers will be a key focus at DevOps Virtual Forum

Microsoft adds ‘third dimension’ to Excel with custom data types

Intel to acquire AI hyperparameter optimization startup SigOpt

Marvell to pay $10B for network chipmaker Inphi

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