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Big Data

Uptake raises a hefty $117M to tap data from industrial machines

By Maria Deutscher Nov 30, 2017

Uptake Technologies Inc., a predictive analytics startup competing with the likes of General Electric Co., today announced that it has closed a hefty $117 million investment led by asset management giant Baillie Gifford &…

Thought Leadership

How VC dollars can smother the startups they’re meant to support

By R. Danes Nov 30, 2017

Think securing a boatload of venture capital guarantees a startup success? Obviously, some funding is essential; what may not be obvious is that too much cash can bury the company its supposed to buoy. “Money…

Infra

Phishing attacks cost about $1.6M apiece, but enterprises are fighting back

By Duncan Riley Nov 30, 2017

Phishing defense solutions firm PhishMe Inc. has found that a successful phishing attack now costs a mid-sized enterprise $1.6 million on average. The firm also found that the number of attempted phishing attacks continues to rise but conversely,…

Cloud

Box’s loss in line with Wall Street’s estimates but shares fall

By Mike Wheatley Nov 30, 2017

Cloud content management company Box Inc. reported a larger third-quarter loss Wednesday thanks to higher spending on marketing as it looks to sign up more customers in what is becoming an increasingly competitive business. Box’s…

Cloud

Amazon announces new serverless and graph databases

By Mike Wheatley Nov 30, 2017

Amazon Web Services Inc. is beefing up its database services in a big way. The company on Wednesday introduced a new offering at its AWS re:Invent conference that aims to boost the reliability, scale…

Emerging Tech

Amazon debuts programmable AWS DeepLens camera to make machine learning easier

By Collen Kriel Nov 30, 2017

Amazon Web Services Inc. wants to give developers hands-on deep learning experience with its latest hardware. Announced at the AWS re:Invent conference in Las Vegas Wednesday, the AWS DeepLens is a wireless camera that…

Cloud

Amazon steps up container support with Kubernetes and Fargate managed service

By Mike Wheatley Nov 30, 2017

Following in the footsteps of public cloud rivals Google LLC and Microsoft Corp. for once, Amazon Web Services Inc. on Wednesday finally announced it’s supporting the open-source Kubernetes container orchestration engine. The company also…

Emerging Tech

Supreme Court considers limiting ‘Big Brother’ tracking of mobile data by police

By James Farrell Nov 29, 2017

The U.S. Supreme Court is considering imposing stricter limits on police to track American citizens’ movements as a landmark case raises concerns over potentially oppressive surveillance. The high court heard arguments today on the…

Emerging Tech

Court orders Coinbase to hand over customer details to the IRS

By Duncan Riley Nov 29, 2017

Cryptocurrency exchange Coinbase Inc. today was ordered to hand over customer records to the U.S. Internal Revenue Service after losing a case filed against it by the Department of Justice in November 2016. The case…

Infra

System scheduling error leaves American Airlines without pilots over the holidays

By Duncan Riley Nov 29, 2017

Those who have booked travel over the forthcoming holiday period with American Airlines Inc. may not make it to their destination. It was disclosed today that the airline suffered a “system scheduling error” that…

explore news

Uptake raises a hefty $117M to tap data from industrial machines

How VC dollars can smother the startups they’re meant to support

Phishing attacks cost about $1.6M apiece, but enterprises are fighting back

Box’s loss in line with Wall Street’s estimates but shares fall

Amazon announces new serverless and graph databases

Amazon debuts programmable AWS DeepLens camera to make machine learning easier

Amazon steps up container support with Kubernetes and Fargate managed service

Supreme Court considers limiting ‘Big Brother’ tracking of mobile data by police

Court orders Coinbase to hand over customer details to the IRS

System scheduling error leaves American Airlines without pilots over the holidays

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