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Cloud

SAP defies skeptics as cloud drives strong revenue and earnings growth

By Paul Gillin Jul 27, 2020

Software giant SAP SE today beat lowered expectations on both revenue and profit in the second quarter, citing unexpectedly strong new customer activity despite customer caution during the pandemic. Revenues of $7.9 billion beat…

Cloud

Coupa embeds more automation into its business spend platform

By Maria Deutscher Jul 27, 2020

Publicly-traded Coupa Software Inc. today introduced an update for its BSM Platform that adds automation and analytics features to help optimize enterprises’ bottom line. The BSM Platform is a so-called business spend management product…

Cloud

Qualtrics, acquired by SAP for $8B two years ago, will be partially spun off in IPO

By Duncan Riley Jul 26, 2020

SAP SE is planning a partial spinoff of Qualtrics, the experience management software company it acquired for $8 billion in November 2018, in an public offering. The spinoff was announced today, July 26. SAP said the primary…

Cloud

Linux Foundation expands into the fight against COVID-19

By Paul Gillin Jul 26, 2020

The Linux Foundation is joining the battle against COVID-19 with a program aimed at building on top of the foundational contact tracing work being done jointly by Google LLC and Apple Inc. The Linux Foundation…

Apps

Revolut raises $80M more at $5.5B valuation in latest fintech funding round

By Maria Deutscher Jul 24, 2020

Mobile-first financial technology startups are continuing to draw investor interest. Revolut Ltd., the operator of a digital banking service that users can access via an app, today said that it has secured $80 million…

Emerging Tech

U.S. officials detail plans to build a national quantum internet

By Maria Deutscher Jul 24, 2020

The U.S. Department of Energy wants to develop a national quantum internet to enable more secure communications and advance scientific research in areas such as gravitational wave detection. Officials presented a blueprint strategy for…

Cloud

Retooling technology for cloud native means upgrading people, too

By Paul Gillin Jul 24, 2020

When Rice University adopted a strategy to update its application portfolio with cloud native software, it needed to update its people, too. “We needed to retrain our staff,” said Klára Jelínkova, vice president for…

Cloud

Running with scissors: Speed in cloud native requires rethinking security

By Stu Miniman with Mark Albertson Jul 24, 2020

In the cloud native ecosystem, there is a growing concern that “safe speed” is becoming an oxymoron along the lines of “jumbo shrimp.” Many impressive things are developed every day in the cloud and…

Apps

TikTok could be sold off to U.S. investors to avoid ban

By James Farrell Jul 23, 2020

U.S. investors are considering acquiring Chinese-owned video app TikTok to avert a ban in the country, according to reports today. Venture capital firms General Atlantic and Sequoia Capital are presently in talks with U.S. regulators…

Security

Stolen Instacart customer records found for sale on the dark web

By Duncan Riley Jul 23, 2020

About 270,000 Instacart Inc. customer records have been found for sale on the dark web, but the company is denying that it has experienced a data breach. Discovered by Buzzfeed News and revealed Wednesday,…

the latest

SAP defies skeptics as cloud drives strong revenue and earnings growth

Coupa embeds more automation into its business spend platform

Qualtrics, acquired by SAP for $8B two years ago, will be partially spun off in IPO

Linux Foundation expands into the fight against COVID-19

Revolut raises $80M more at $5.5B valuation in latest fintech funding round

U.S. officials detail plans to build a national quantum internet

TikTok could be sold off to U.S. investors to avoid ban

Stolen Instacart customer records found for sale on the dark web

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