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Apps

Zugata lands $7M round to automate employee performance reviews

By Mike Wheatley Nov 14, 2016

Palo Alto-based startup Zugata Inc. has just landed $7 million in a Series A funding round as it bids to do away with hated annual performance reviews at large companies. Venture capital firm Canaan…

Cloud

Amazon Web Services announces new price cuts for its virtual servers

By Mike Wheatley Nov 14, 2016

Amazon Web Services is leading the way with yet another round of price cuts for its instances, which are virtual servers in Amazon.com Inc.’s cloud computing service. Amazon’s chief evangelist Jeff Barr said the cuts…

Cloud

Pivotal’s open source Cloud Foundry lands on Microsoft Azure

By Mike Wheatley Nov 14, 2016

Microsoft Corp. has announced the general availability of Pivotal Software Inc.’s open source cloud service Cloud Foundry on the software giant’s Azure cloud computing platform, in a move that marries cloud Java with .NET applications.…

Apps

GE acquires field operations specialist ServiceMax for $915M

By Maria Deutscher Nov 14, 2016

Two months after forming a new division to widen the adoption of cloud computing and analytics in the industrial world, General Electric Co. is acquiring ServiceMax Inc. for $915 million to fast-track its efforts.…

Big Data

Quantopian raises $25M for crowdsourced investing algorithms

By Eric David Nov 14, 2016

Boston-based company Quantopian has just closed a $25 million Series C funding to expand its crowdsourced investment algorithm platform. The round was led by venture capital firm Andreessen Horowitz, along with additional contributions from…

Thought Leadership

Diversity in the Digital Age: Spread risk, own your biases | #WomenInTech

By Marlene Den Bleyker Nov 14, 2016

Increasing diversity in technology can have two meanings. First, there is the need to hire and retain a diverse workforce that can improve company growth and revenue. Secondly, there is a need to diversify…

IMAX raises $50 million fund to jumpstart move into virtual reality

By Kyt Dotson Nov 14, 2016

IMAX Corp., the cinema technology company best known for its theaters with giant screens and 3D technology, has completed the first phase of a $50 million virtual reality fund. Investing alongside IMAX other partners…

Infra

New Cray supercomputer offers petaflop computing power in one cabinet

By Maria Deutscher Nov 14, 2016

More than 30 years after selling its first supercomputer, Cray Inc. continues to push the envelope on processing power. The company unveiled a new data crunching system at the SC16 computing event in Utah…

Infra

Forward Networks exits stealth with math-based approach to fighting network issues

By Maria Deutscher Nov 14, 2016

Three years after banding together to take on the data center market, David Erickson and his team of Stanford Ph.D.s at Forward Networks Inc. are finally ready to reveal what they’ve been working on.…

Infra

IBM and Nvidia launch PowerAI, a hardware-optimized deep learning toolkit

By Maria Deutscher Nov 14, 2016

IBM Corp. and Nvidia Corp. today revealed the next step in their plan to capitalize on the rapid adoption of artificial intelligence. At the annual SC16 supercomputing conference today, the companies are showcasing a…

explore news

Zugata lands $7M round to automate employee performance reviews

Amazon Web Services announces new price cuts for its virtual servers

GE acquires field operations specialist ServiceMax for $915M

Quantopian raises $25M for crowdsourced investing algorithms

Diversity in the Digital Age: Spread risk, own your biases | #WomenInTech

IMAX raises $50 million fund to jumpstart move into virtual reality

New Cray supercomputer offers petaflop computing power in one cabinet

Forward Networks exits stealth with math-based approach to fighting network issues

IBM and Nvidia launch PowerAI, a hardware-optimized deep learning toolkit

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