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AI

Micron debuts flash memory-optimized AI development platform

By Mike Wheatley Oct 24, 2019

Computer chipmaker and storage company Micron Technology Inc. is pitching its hardware for artificial intelligence workloads after acquiring a startup called FWDNXT. The company announced the acquisition at its annual Micron Insight conference in San…

AI

Eyeing 2020 profitability, UiPath trims 11% of workforce

By Maria Deutscher Oct 24, 2019

UiPath Inc., the robotic process automation provider valued at $7 billion, has made a round of layoffs affecting 300 to 400 employees just months after raising $568 million from investors. The cuts amount to…

Infra

IFS bets on end-to-end process, experiments on ‘shop floor’

By Silvia Fregoni Oct 24, 2019

Companies that foresee industry tech innovations and lead the market with solutions will come out ahead. Enterprise resource planning company IFS AB’s strategy to stand out in a crowded market includes creating an end-to-end process…

Apps

Glitch-fueled earnings miss sends Twitter’s stock plummeting 19%

By Maria Deutscher Oct 24, 2019

Twitter Inc.’s stock dropped more than 19% today after the company posted weaker-than-expected profit and revenue for the third quarter that fell short of what Wall Street was expecting. Revenue in the three months…

Cloud

John Chambers loves his new company and IPOs, less so the U.S. education system

By Mark Albertson Oct 24, 2019

As the chairman of a startup company that just launched out of stealth, John Chambers, former chief executive officer of Cisco Systems Inc. and CEO of J2 Ventures, is delighted about the prospects for…

Apps

Grafana bags $24 million to advance its open-source ‘observability’ suite

By Paul Gillin Oct 24, 2019

Grafana Labs said today it has raised $24 million in new funding to advance its suite of open-source observability software platforms. In addition to the Series A round, the company announced the appointment of three…

Apps

Google denies it’s spying on its own employees through Chrome extension

By James Farrell Oct 23, 2019

Employees at Google LLC have accused the company of developing an internal surveillance tool to spy on its own employees, something Google “categorically” denies. The news was first reported by Bloomberg on Wednesday after…

Infra

Xilinx slumps on weak guidance blamed on Huawei ban

By Mike Wheatley Oct 23, 2019

Computer chipmaker Xilinx Inc. spooked investors today after saying its current-quarter revenue will likely fall well short of expectations. The company said it’s expecting third-quarter revenue of between $710 million to $740 million, some…

Infra

Pensando’s MPLS gang rallies investors and early users as it takes on AWS

By Kristen Nicole Oct 23, 2019

Three engineers went out to play, along a network’s web one day. They had such enormous fun that they called for another engineer to come. A merry band of networking engineers — Mario, Prem,…

Cloud

Microsoft’s cloud shines again as it easily tops earnings targets, but Azure slows

By Mike Wheatley Oct 23, 2019

Microsoft Corp.’s stock barely moved the needle late Wednesday after the company reported fiscal first-quarter earnings and revenue that beat Wall Street’s expectations, only to come up short with its guidance for the next…

all stories

Micron debuts flash memory-optimized AI development platform

Eyeing 2020 profitability, UiPath trims 11% of workforce

John Chambers loves his new company and IPOs, less so the U.S. education system

Grafana bags $24 million to advance its open-source ‘observability’ suite

Google denies it’s spying on its own employees through Chrome extension

Xilinx slumps on weak guidance blamed on Huawei ban

Pensando’s MPLS gang rallies investors and early users as it takes on AWS

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