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Emerging Tech

Lyft beats earnings predictions but is still bleeding money

By Duncan Riley Oct 30, 2019

Ride-hailing firm Lyft Inc. beat Wall Street earnings predictions in its third quarter, but like the previous quarter, the company continues to bleed money even it’s less than expected. Lyft reported a loss of $463.5…

Blockchain

Initial coin offering platform provider CoinList raises $10M

By Duncan Riley Oct 30, 2019

Initial coin offering platform provider CoinList Capital LLC today said it has raised $10 million in new funding to launch a new exchange platform. The money came from Twitter Inc. and Square Inc. Chief Executive…

Apps

Facebook suspends accounts linked to Russia that targeted African nations

By James Farrell Oct 30, 2019

Facebook Inc. reported today that it has removed a number of Russian-backed accounts it said were targeting countries in Africa with misinformation. In a blog post, Nathaniel Gleicher, Facebook’s head of cybersecurity policy, said…

Infra

After profits fall 56%, Samsung says it’s poised for a turnaround

By Mike Wheatley Oct 30, 2019

Samsung Electronics Co. Ltd. said today that things are looking up despite its operating profit falling 56% in the third quarter from a year ago. The company reported an operating profit of 7.78 trillion…

Apps

Take that, Facebook: Twitter to ban all political advertising starting in late November

By Duncan Riley Oct 30, 2019

Twitter Inc. today announced that it will ban all political advertising starting in late November, cutting off a potentially large revenue stream for the microblogging service in the run-up to the 2020 U.S. presidential…

Infra

Western Digital begins search for a new CEO to replace Steve Milligan

By Mike Wheatley Oct 30, 2019

Data storage company Western Digital Corp. gave shareholders the jitters today after announcing plans to replace Chief Executive Officer Steve Milligan (pictured), who will retire next year. Milligan, who has led the company since 2013,…

Apps

iPhone sales fall but Apple beats earnings estimates anyway

By Mike Wheatley Oct 30, 2019

Investors in Apple Inc. had plenty to cheer about today as the company reported earnings that beat expectations and forecast a strong holiday quarter. Apple’s solid fiscal fourth-quarter results were all the more impressive…

Cloud

Dell EMC’s Data Domain transformed into enhanced PowerProtect DD offering

By Mark Albertson Oct 30, 2019

Dell EMC’s Data Domain, the purpose-built, backup array leader according to IDC Research Inc., has been rebranded and retooled as a bigger, faster system. Now part of the recently launched PowerProtect DD Series, the…

Emerging Tech

Q&A: Micron expands philanthropic ventures with Micron Gives

By Diego Asturias Oct 30, 2019

Micron Gives, the philanthropic program from Micron Technology Inc., has already given away over $115 million and more than 10,000 grants to support learning and help communities. Now the organization’s aim is at supporting safe…

Cloud

Q&A: An effective multicloud approach starts with the architecture

By Ain Drew Oct 30, 2019

Enterprises thrive off options. The result? An infrastructure composed of multiple clouds designed to bring data sources closer to computing power, moving away from the siloed approach of managing disparate workloads. Enter companies like…

explore news

Lyft beats earnings predictions but is still bleeding money

Initial coin offering platform provider CoinList raises $10M

Facebook suspends accounts linked to Russia that targeted African nations

After profits fall 56%, Samsung says it’s poised for a turnaround

Western Digital begins search for a new CEO to replace Steve Milligan

iPhone sales fall but Apple beats earnings estimates anyway

Dell EMC’s Data Domain transformed into enhanced PowerProtect DD offering

Q&A: Micron expands philanthropic ventures with Micron Gives

Q&A: An effective multicloud approach starts with the architecture

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