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Apps

Apple beats Wall Street’s targets as iPhone 16 sales get off to a solid start

By Mike Wheatley Oct 31, 2024

Apple Inc. topped Wall Street’s expectations on earnings and revenue as it delivered its fiscal fourth-quarter earnings results today, but its stock wavered in extended trading after it reported yet another decline in sales…

Policy

Russia hits Google with astronomical fine over YouTube bans

By James Farrell Oct 31, 2024

A Russian court today announced that Google LLC owes the Kremlin a staggering 2 trillion rubles for restricting Russian state media channels on YouTube. Two undecillion rubles – a 2 followed by 36 zeroes…

Infra

Intel surprises Wall Street with solid earnings and revenue, but success in AI remains elusive

By Mike Wheatley Oct 31, 2024

Intel Corp. today delivered better-than-expected earnings results and issued guidance for the coming quarter that topped Wall Street’s estimates — and as a result its stock made sharp gains, giving the beleaguered chipmaker a welcome…

Apps

Israeli fintech company Melio hits $2B valuation with $150M raised for B2B payment expansion

By Duncan Riley Oct 31, 2024

Israeli fintech company Melio Solutions Inc. announced today that it has raised $150 million in a new late-stage funding round on a $2 billion valuation to fuel its growth through strategic partnerships and enhance…

Cloud

Cloud growth helps Amazon to another earnings beat, and its stock jumps

By Mike Wheatley Oct 31, 2024

Strong growth in Amazon.com Inc.’s cloud and advertising businesses paved the way to another impressive earnings and revenue beat today. The company’s stock was moving higher in extended trading, even though its guidance for…

Security

Israeli AI security startup Noma launches with $32M to secure the ‘Data and AI Lifecycle’

By Duncan Riley Oct 31, 2024

Israeli artificial intelligence enterprise security startup Noma Security Inc. today launched and announced that it has raised $32 million in funding to enhance its end-to-end AI security platform and grow its customer base. Founded…

AI

Patronus AI debuts API for equipping AI workloads with reliability guardrails

By Maria Deutscher Oct 31, 2024

Patronus AI Inc. today introduced a new tool designed to help developers ensure that their artificial intelligence applications generate accurate output. The Patronus API, as the offering is called, is rolling out a few…

Cloud

Atlassian shares surge as subscription revenue drives strong earnings beat

By Duncan Riley Oct 31, 2024

Shares in Atlassian Corp. jumped nearly 16% in late trading today after the Australian collaboration software company topped analysts’ estimates on revenue and earnings in its fiscal 2025 first quarter, driven by surging subscription…

AI

OpenAI adds large language model-powered search engine to ChatGPT

By Maria Deutscher Oct 31, 2024

OpenAI today introduced an internally developed search engine for its ChatGPT chatbot service. The move is not unexpected. In late July, OpenAI debuted a standalone search engine called SearchGPT that it described as a…

AI

Companies seek return on AI investment with customized, hybrid models

By Devony Hof Oct 31, 2024

As the initial hype for artificial intelligence fades, enterprises are getting down to the nitty gritty of how to actually deploy AI in the hybrid cloud landscape. Optionality and a multicloud infrastructure are key…

explore news

Apple beats Wall Street’s targets as iPhone 16 sales get off to a solid start

Russia hits Google with astronomical fine over YouTube bans

Intel surprises Wall Street with solid earnings and revenue, but success in AI remains elusive

Israeli fintech company Melio hits $2B valuation with $150M raised for B2B payment expansion

Cloud growth helps Amazon to another earnings beat, and its stock jumps

Israeli AI security startup Noma launches with $32M to secure the ‘Data and AI Lifecycle’

Patronus AI debuts API for equipping AI workloads with reliability guardrails

Atlassian shares surge as subscription revenue drives strong earnings beat

OpenAI adds large language model-powered search engine to ChatGPT

Companies seek return on AI investment with customized, hybrid models

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