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Policy

New bill would ban Huawei from buying and selling US patents

By Duncan Riley Jul 18, 2019

Huawei Technologies Co. Ltd. is once again being targeted by U.S. lawmakers with a new bill introduced to the Senate Thursday that would ban the company from buying or selling U.S. patents. Sponsored by Senators…

Security

CrowdStrike shares jump 16% as it beats revenue forecast in first earnings report

By Mike Wheatley Jul 18, 2019

Cybersecurity firm CrowdStrike Holdings Inc. saw its stock jump by double digits in after-hours trading today after its first earnings report since going public last month. The company, which sells cloud-based security tools and consulting…

Apps

Instagram starts to remove public ‘like’ counts in user ecosystem shift

By Duncan Riley Jul 18, 2019

Facebook Inc.-owned Instagram has started removing the “like” counts in some countries in an apparent attempt to assist with mental health and bullying — but some worry that the decision could fundamentally undermine the…

Cloud

Strong cloud growth helps boost Microsoft’s market cap over $1T again

By Mike Wheatley Jul 18, 2019

Shares in Microsoft Corp. rose to a new record high after it beat analysts’ estimates on fourth-quarter revenue and profit, driven by growing sales from its cloud business. In fact, Microsoft saw strong growth…

Apps

TravelPerk bags $60M to take on SAP Concur with its business travel platform

By Maria Deutscher Jul 18, 2019

Orchestrating employees’ business trips is a formidable administrative task for companies, which is why there’s an entire ecosystem of software products dedicated to travel and expense management. TravelPerk SL, a new player taking on the segment’s incumbent providers,…

Security

Slack resets 100,000+ users’ passwords after new twist in 2015 breach

By Maria Deutscher Jul 18, 2019

Slack Technologies Inc. is resetting passwords for 1% of its user base, or more than 100,000 accounts, after uncovering new information about a 2015 data breach. Slack disclosed in May 2015 that hackers had…

Policy

EU hits Qualcomm with fresh $272M fine for predatory chip pricing

By Maria Deutscher Jul 18, 2019

The European Union today hit Qualcomm Inc. with a 242 million euro ($272 million) fine after finding that the company had sold chips at unreasonably low prices in a bid to harm the competition. It’s…

Big Data

Data residency compliance firm InCountry raises $15M

By Mike Wheatley Jul 18, 2019

Data-residency-as-a-service company InCountry Inc. has raised yet more money, landing a $15 million round of funding just two months after launching from stealth mode. InCountry, which sells software services that help companies adhere to…

Cloud

On 10-year anniversary of its acquisition, Data Domain has adapted to new realities of cloud

By Mark Albertson Jul 18, 2019

During the economic recession of 2008 and 2009, brought on by a collapse of the U.S. real estate market, business mergers and acquisitions were few and far between. Uncertainty in the stock market left what…

Apps

Passengers livid after Uber charges them 100X more than advertised fare

By James Farrell Jul 18, 2019

Some passengers riding with Uber Technologies Inc. got the shock of their lives this week when their fare cost them more than $1,000 for just a short ride. People took to Twitter this week…

explore news

New bill would ban Huawei from buying and selling US patents

Slack resets 100,000+ users’ passwords after new twist in 2015 breach

EU hits Qualcomm with fresh $272M fine for predatory chip pricing

Data residency compliance firm InCountry raises $15M

On 10-year anniversary of its acquisition, Data Domain has adapted to new realities of cloud

Passengers livid after Uber charges them 100X more than advertised fare

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