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Emerging Tech

Artificial intelligence robotics startup Covariant raises $40M

By Duncan Riley May 6, 2020

Artificial intelligence robotics startup Covariant revealed today that it has raised $40 million in new funding to allow it to accelerate its partnerships, introduce AI robotics to new industries and hire more people. The…

Policy

COVID-19 shocks the digital health market, but the jolt may be positive news

By Betsy Amy-Vogt May 6, 2020

Early predictions for 2020 showed the digital health market was predicted to decline. Yet, as tech companies across the globe deal with fallout from the COVID-19 pandemic, some areas of digital health seem to be benefiting from the…

Security

28,000 web hosting accounts exposed in GoDaddy data breach

By Duncan Riley May 5, 2020

GoDaddy Inc. has suffered a data breach affecting the web hosting accounts of 28,000 customers. The data breach involved an unknown person accessing accounts using Secure Shell or SSH cryptographic network protocol in October. It…

AI

Distributed machine learning startup Boosted.ai raises $8M

By Duncan Riley May 5, 2020

Distributed machine learning startup Boosted.ai announced today it has raised $8 million in new funding to develop out its platform. The Series A round was led by Portag3 Ventures with participation by Dunamu & Partners and…

Apps

Airbnb to lay off 1,900 employees, 25% of staff, amid COVID-19 pandemic

By Duncan Riley May 5, 2020

Airbnb Inc. said today it’s laying off about 1,900 staff members, some 25% of its workforce, as the accommodation booking provider struggles to deal with a huge loss of business from the COVID-19 pandemic.…

Infra

Arista Networks tops earnings expectations but guidance is light

By Mike Wheatley May 5, 2020

Cloud networking company Arista Networks Inc. today beat expectations with its fiscal first-quarter earnings report despite seeing its revenue decline steeply from a year ago. The company reported a profit before certain cost such as stock compensation…

Cloud

IBM CEO says pandemic will be a turning point for digital transformation

By Paul Gillin May 5, 2020

In a keynote address that was light on specifics but long on intentions, new IBM Corp. Chief Executive Arvind Krishna today promised to make IBM more responsive to the industries in which its customers…

Cloud

IBM tackles taking edge computing to remote on-prem locations

By Teryn O'Brien May 5, 2020

Edge computing continues to be a hot topic in technology, and every enterprise is weighing in on its evolution, which seems more relevant now than ever as the result of a global COVID-19 pandemic. So what’s…

Cloud

IBM antes up in new era of hybrid cloud and edge computing

By Mark Albertson May 5, 2020

In the game of poker, it’s called a “showdown” when two or more players reach the final round of betting and all must show their cards. With IBM Corp.’s announcements this week focused on…

Cloud

SAP to sell its Digital Interconnect communications business to Sinch for $250M

By Maria Deutscher May 5, 2020

SAP SE today announced plans to sell its Digital Interconnect business, which provides communications software for enterprises, to Sinch AB in a deal worth 225 million euros or about $250 million. Rumors that SAP…

the latest

Artificial intelligence robotics startup Covariant raises $40M

COVID-19 shocks the digital health market, but the jolt may be positive news

28,000 web hosting accounts exposed in GoDaddy data breach

Distributed machine learning startup Boosted.ai raises $8M

Airbnb to lay off 1,900 employees, 25% of staff, amid COVID-19 pandemic

Arista Networks tops earnings expectations but guidance is light

IBM tackles taking edge computing to remote on-prem locations

SAP to sell its Digital Interconnect communications business to Sinch for $250M

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