Page 2827 – SiliconANGLE

Infra

IBM hands down first layoffs under new CEO Arvind Krishna

By Robert Hof May 21, 2020

IBM Corp. is cutting jobs in the first major layoffs under new Chief Executive Officer Arvind Krishna, according to reports late Thursday by Bloomberg and the Wall Street Journal. It wasn’t clear how many jobs were…

Security

GitLab runs phishing test against employees – and 20% handed over credentials

By Duncan Riley May 21, 2020

There’s always a lot of talk in cybersecurity about the importance of training employees to be aware of phishing attempts. Training does work but it’s not a panacea, the reality being is that there…

Security

Smarsh acquires cybersecurity compliance and risk analytics firm Entreda

By Duncan Riley May 21, 2020

Cloud information archiving firm Smarsh Inc. revealed today that it has acquired cybersecurity compliance and risk analytics firm Entreda Inc. for an undisclosed price. Founded in 2010, Entreda offers a comprehensive suite of cybersecurity software,…

Big Data

User behavior tracking firm Amplitude raises $50M on unicorn valuation of $1B

By Duncan Riley May 21, 2020

User behavior tracking firm Amplitude Inc. announced today it has raised $50 million in new funding to accelerate machine learning innovation for analytics and expand its investments in enterprise data trust. The Series E round…

Emerging Tech

Troubled augmented reality company Magic Leap raises $350M

By Duncan Riley May 21, 2020

Troubled augmented reality company Magic Leap Inc. has raised $350 million in new funding, according to an internal memo to employees obtained by The Information. Details on the round, which depending on its form should be a…

Infra

Nvidia’s data center business tops $1B in revenue for the first time

By Mike Wheatley May 21, 2020

Computer graphics chip maker Nvidia Corp. said Thursday its key data center business recorded its best-ever quarter, with revenue topping $1 billion for the first time. That came as the company reported a first-quarter profit…

Big Data

Data analytics firm Splunk sees 81% jump in quarterly cloud software bookings

By Mike Wheatley May 21, 2020

Updated: Data analytics company Splunk Inc. saw its stock rise after-hours despite reporting first-quarter revenue that came in below market expectations. The company, which sells software enterprises use to search, correlate, analyze, monitor and…

Infra

HPE revenue plunges, sparking new round of cost cuts

By Paul Gillin May 21, 2020

Updated: Hewlett Packard Enterprise Inc. today reported sharply lower revenues in its fiscal second quarter and said it would initiate salary reductions and unpaid leaves to adapt to demand declines brought about by the…

Cloud

Liberty IT uses serverless strategy to enable engineering team innovation

By Silvia Fregoni May 21, 2020

The use of serverless computing as part of the strategy to deal with cloud applications has increased in recent years. Liberty Information Technology Ltd. is one of the supporters of this strategy. The company…

Policy

Facebook will allow some employees to work from home permanently

By Maria Deutscher May 21, 2020

Facebook Inc. Chief Executive Officer Mark Zuckerberg said today that the company will allow some employees to work remotely on a permanent basis and indicated a majority of its workforce could eventually shift to a…

the latest

GitLab runs phishing test against employees – and 20% handed over credentials

Smarsh acquires cybersecurity compliance and risk analytics firm Entreda

User behavior tracking firm Amplitude raises $50M on unicorn valuation of $1B

Troubled augmented reality company Magic Leap raises $350M

Nvidia’s data center business tops $1B in revenue for the first time

Data analytics firm Splunk sees 81% jump in quarterly cloud software bookings

HPE revenue plunges, sparking new round of cost cuts

Facebook will allow some employees to work from home permanently

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