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Emerging Tech

Report: Alphabet’s GV has replaced humans with AI for investment decisions

By Duncan Riley Jul 19, 2018

Alphabet Inc.’s venture capital arm GV, formerly Google Ventures, has replaced humans with artificial intelligence when it comes to investment decisions, at least according to a report published Thursday. Axios made the claim, saying…

Emerging Tech

Google could dump Android for its secretive Fuchsia OS in the next 5 years

By Mike Wheatley Jul 19, 2018

More details are emerging about Google LLC’s secretive, experimental operating system Fuchsia, which is said to be a potential replacement for its Android OS. In a report thursday, Bloomberg said Google has a team of…

Infra

Lab testing firm LabCorp struck by SamSam ransomware attack

By Duncan Riley Jul 19, 2018

Laboratory Corp. of America Holdings, better known as LabCorp, is the latest victim of ransomware as the company disclosed that it had detected “suspicious activity” on its information technology network over the weekend. The…

Emerging Tech

Uber signs deal with Cargo to upsell customers in-car convenience products

By Duncan Riley Jul 19, 2018

Uber Technologies Inc. drivers are now going to upsell their riders on snacks and other in-car convenience goods after the company signed a deal with Cargo Systems Inc. The contract, which will eventually see…

Emerging Tech

Alphabet’s Loon signs first commercial contract to take to the sky over Kenya

By Duncan Riley Jul 19, 2018

Less than two weeks after being spun off as a standalone business, Alphabet Inc.’s internet balloon company Loon LLC has landed its first paying customer: African mobile provider Telkom Kenya. Under the deal Loon,…

Cloud

As cloud revenue surges, Microsoft crushes earnings expectations

By Mike Wheatley Jul 19, 2018

Microsoft Corp.’s shares are trading up more than 3 percent after smashing fiscal fourth-quarter expectations thanks to double-digit growth in each of its businesses. The Redmond-based firm’s latest earnings report illustrates a company with…

Apps

As robotic process automation takes off, UiPath hits $100M in recurring revenue

By Maria Deutscher Jul 19, 2018

A corner of the software market known as robotic process automation has started experiencing rapid growth thanks to a surge in enterprise adoption. The valuations of the leading players are jumping in lockstep. This…

Infra

Facebook open-sources its ‘oomd’ tool for data center memory management

By Mike Wheatley Jul 19, 2018

Facebook Inc. is doling out yet another open-source software tool, this time aimed at data center operators that struggle with system outages from applications trying to consume more memory resources than are available to…

Cloud

SAP beats earnings forecasts after cloud revenue soars 40 percent

By Maria Deutscher Jul 19, 2018

Thanks to strong growth in cloud services, SAP SE today beat Wall Street expectations on both revenue and profit for its second quarter. The software maker, Europe’s most valuable tech firm, saw revenue climb 10 percent at…

Big Data

Who’s doing data assets best? Analysts weigh in at MIT CDOIQ Symposium

By R. Danes Jul 19, 2018

Whenever anyone starts a conversation about using data as a business asset, it tends to conclude with this consensus: ‘We’re not there yet.’ Companies living the dream aren’t very many, but their ranks are…

the latest

Report: Alphabet’s GV has replaced humans with AI for investment decisions

Google could dump Android for its secretive Fuchsia OS in the next 5 years

Lab testing firm LabCorp struck by SamSam ransomware attack

Uber signs deal with Cargo to upsell customers in-car convenience products

Alphabet’s Loon signs first commercial contract to take to the sky over Kenya

As robotic process automation takes off, UiPath hits $100M in recurring revenue

Facebook open-sources its ‘oomd’ tool for data center memory management

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