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AI

Siit raises $5M for its AI-powered service desk platform

By Maria Deutscher Nov 7, 2024

Paris-based startup Siit SAS launched today with $5 million in funding to grow the adoption of its namesake service desk platform. StageOne Ventures and Seventure Partners led the investment. According to Siit’s website, the…

AI

Diliko launches agentic AI-powered data management platform for midsized enterprises

By Kyt Dotson Nov 7, 2024

Diliko, a startup that provides on-demand data management using artificial intelligence for midsized enterprise customers, officially launched publicly today. The company’s platform offers a cloud-delivered platform that automates complex data workflows, manages security, AI…

Emerging Tech

IonQ snaps up quantum networking company Qubitekk, but financial results disappoint investors

By Mike Wheatley Nov 6, 2024

Quantum computing specialist IonQ Inc. said today it plans to acquire virtually all of the operating assets of quantum networking startup Qubitekk Inc., as it looks to build out the infrastructure required to scale…

Policy

TikTok told to close its business in Canada amid national security concerns

By James Farrell Nov 6, 2024

Canada has become the latest country to talk about the threat of the Chinese social media app TikTok, with the government today ordering the closure of TikTok’s business in the country – but not…

Cloud

Kyndryl sees good traction with AI consulting services, and its stock moves higher

By Mike Wheatley Nov 6, 2024

Kyndryl Holdings Inc., the information technology infrastructure services company that was formerly part of IBM Corp., delivered a narrow earnings and revenue beat today, nudging its stock higher after-hours. The company reported a fiscal…

Security

Rapid7’s revenue and earnings top forecasts amid product enhancements

By Duncan Riley Nov 6, 2024

Shares in Rapid7 Inc. edged down slightly in late trading today despite the cybersecurity solutions provider reporting beats in revenue and earnings in its fiscal third quarter. For the quarter ended Sept. 30, Rapid7…

Infra

Qualcomm and Arm each cruise to another earnings and revenue beat

By Mike Wheatley Nov 6, 2024

The computer chipmakers Qualcomm Inc. and Arm Holdings Plc both reported strong earnings and revenue beats as they delivered their latest financial results today, yet while the former’s stock popped in extended trading, the…

Cloud

HubSpot earnings top forecasts with 20% revenue growth and customer gains

By Duncan Riley Nov 6, 2024

Shares in HubSpot Inc. rose 7% in late trading today after the inbound marketing and customer relationship management company beat revenue and earnings estimates in its fiscal third quarter. For the quarter ended Sept.…

Policy

EU launches antitrust probe into Apple glass supplier Corning

By Maria Deutscher Nov 6, 2024

The European Union is launching an antitrust probe into Corning Inc., the Apple Inc. supplier that makes the glass in iPhone displays. The European Commission, the EU’s executive arm, announced the move today. It…

Apps

Lyft shares surge over 20% as revenue growth outpaces expectations despite earnings miss

By Duncan Riley Nov 6, 2024

Shares in Lyft Inc. rose more than 20% in late trading today after the ride-hailing company impressed investors with strong revenue in its fiscal third quarter and a decent outlook despite falling very short…

the latest

Siit raises $5M for its AI-powered service desk platform

Diliko launches agentic AI-powered data management platform for midsized enterprises

IonQ snaps up quantum networking company Qubitekk, but financial results disappoint investors

TikTok told to close its business in Canada amid national security concerns

Rapid7’s revenue and earnings top forecasts amid product enhancements

Qualcomm and Arm each cruise to another earnings and revenue beat

HubSpot earnings top forecasts with 20% revenue growth and customer gains

EU launches antitrust probe into Apple glass supplier Corning

Lyft shares surge over 20% as revenue growth outpaces expectations despite earnings miss

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