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Cloud

Visual enterprise collaboration startup Mural raises $118M to expand operations

By Duncan Riley Aug 25, 2020

Visual enterprise collaboration startup Mural today said it has raised $118 million in new funding to extend its operations globally, accelerate development and deepen its community engagement initiatives. The Series B round was led by Insight…

Cloud

NetApp to lay off 5% of staff amid the coronavirus pandemic

By Duncan Riley Aug 25, 2020

Ahead of its quarterly earnings report on Wednesday, hybrid cloud data services company NetApp Inc. is laying off around 5% of its staff amid the ongoing coronavirus pandemic. While not officially announcing the layoffs,…

Big Data

IPO train accelerates as Palantir plans to go public through a direct listing

By Duncan Riley Aug 25, 2020

Data analytics firm Palantir Technologies Inc. has revealed the details of its forthcoming initial public offering: It will pursue a direct listing rather than a traditional IPO. Palantir first revealed its intent to go…

Apps

Epic Games gets restraining order to keep Apple developer account but Fortnite ban remains

By Duncan Riley Aug 25, 2020

Epic Games Ltd.’s lawsuit against Apple Inc. has delivered mixed results at its first hearing, as a judge issued a restraining order banning Apple from canceling Epic’s developer account but didn’t require Apple to…

Infra

Pure Storage beats earnings forecast but its stock dives

By Mike Wheatley Aug 25, 2020

Pure Storage Inc. saw its stock crash today despite beating expectations with its second-quarter results. The data storage company reported a profit before certain costs of 6 cents per share on revenue of $403.7 million, up…

Cloud

Update: Salesforce lays off 1,000 despite stock jump on strong performance and outlook

By Mike Wheatley Aug 25, 2020

Updated: Salesforce.com Inc. shares jumped almost 12% in after-hours trading today after the company easily beat its second-quarter earnings targets and raised its fiscal 2021 revenue outlook. The company, which is best known for…

Apps

Microsoft says it’s now bringing transcriptions to Word

By James Farrell Aug 25, 2020

Microsoft Corp. announced today that it’s bringing transcriptions to Word for all Microsoft 365 subscribers around the world. The service, called “Transcribe,” will support existing audio files but will also allow the user to…

Infra

HPE rebounds with third-quarter earnings that soundly beat estimates

By Paul Gillin Aug 25, 2020

When Hewlett Packard Enterprise Co. stunned investors with an unexpected 15% decline in revenue in its fiscal second quarter, Chief Executive Antonio Neri reassured them that the shortfall was a onetime event related to…

Big Data

Progress of MemSQL and Snowflake signals changing of the guard in database market

By Mark Albertson Aug 25, 2020

When the cloud native company Snowflake Inc. reportedly filed for an initial public offering in June, the news turned a spotlight on the enterprise data warehouse market. It also signaled a shift in the…

Cloud

Google lays out how it aims to accelerate app modernization

By Mark Albertson Aug 25, 2020

Application modernization can mean different things for many cloud users. Google LLC has chosen to define it based on its full offering of cloud tools and services for developers, as part of a series…

explore news

Visual enterprise collaboration startup Mural raises $118M to expand operations

IPO train accelerates as Palantir plans to go public through a direct listing

Epic Games gets restraining order to keep Apple developer account but Fortnite ban remains

Pure Storage beats earnings forecast but its stock dives

Update: Salesforce lays off 1,000 despite stock jump on strong performance and outlook

Microsoft says it’s now bringing transcriptions to Word

HPE rebounds with third-quarter earnings that soundly beat estimates

Google lays out how it aims to accelerate app modernization

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