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Cloud

Global employments platform startup Oyster raises $59M to expand its platform

By Duncan Riley Sep 4, 2024

Human resources platform startup Oyster HR Inc. announced today that it has raised $59 million in new funding to expand its global employment platform and improve cross-border hiring solutions. Founded in 2020, Oyster offers…

Policy

Internet Archive loses appeal, court rules e-book lending is copyright infringement

By James Farrell Sep 4, 2024

The online digital library Internet Archive today lost its appeal to lend out scanned e-books without the approval of publishers. The U.S. Court of Appeals for the Second Circuit rejected the nonprofit’s claim in…

AI

C3 AI fails to make progress on profitability and its stock plummets

By Mike Wheatley Sep 4, 2024

Artificial intelligence software company C3 AI Inc. beat on earnings and revenue expectations as it posted its fiscal first-quarter financial results today, but its stock fell hard and fast in extended trading amid fears…

Infra

HPE beats expectations but its stock falls on concerns about weak AI server margins

By Mike Wheatley Sep 4, 2024

Shares of Hewlett Packard Enterprise Co. traded lower late today despite the company posting solid earnings and revenue that came in above Wall Street’s expectations. It seems investors were much more interested in the company’s…

Cloud

Five thoughts from VMware Explore 2024

By Zeus Kerravala Sep 4, 2024

VMware by Broadcom‘s recent annual user event Explore in Las Vegas was like no other I can remember in recent history. The most notable change was the crowd size. Since acquiring VMware Inc., Broadcom Inc. has…

Infra

New Intel chip production process reportedly underperformed in Broadcom test as next-gen process shelved

By Maria Deutscher Sep 4, 2024

Updated with Intel statement on process nodes: A new chip manufacturing process from Intel Corp. failed to meet Broadcom Inc.’s expectations in a recent evaluation, Reuters reported today. The development may mark a setback…

Cloud

Simplification and growth: VMware’s partner promise after Broadcom merger

By Devony Hof Sep 4, 2024

At VMware LLC’s first Explore event since the acquisition by Broadcom was finalized last year, the company is reassuring partners that its new path, featuring the Broadcom Advantage Program, will ultimately reward long-term customers.…

Infra

Broadcom’s Rally transforms agile project management amid data privacy concerns

By Brian Njuguna Sep 4, 2024

Managing agile software development must address critical issues, including data privacy, and that’s where comprehensive project management tools, such as Broadcom’s Rally software, come into play. Being a purpose-driven organization requires the capability to…

AI

AI nonprofit Cosmos Institute launches new research initiatives, venture arm

By Maria Deutscher Sep 4, 2024

The Cosmos Institute, a new philanthropic organization, today detailed four initiatives through which it hopes to advance artificial intelligence research. The Cosmos Institute is a nonprofit focused on exploring how AI and philosophy can…

Cloud

Broadcom bets on profitable private cloud solutions with VMware acquisition

By Devony Hof Sep 4, 2024

Since the Broadcom VMware acquisition in November 2023, the industry has been watching to see how the move would play out. Customers have been frustrated with some of the bumps in the road, but…

the latest

Global employments platform startup Oyster raises $59M to expand its platform

Internet Archive loses appeal, court rules e-book lending is copyright infringement

C3 AI fails to make progress on profitability and its stock plummets

HPE beats expectations but its stock falls on concerns about weak AI server margins

Five thoughts from VMware Explore 2024

New Intel chip production process reportedly underperformed in Broadcom test as next-gen process shelved

Simplification and growth: VMware’s partner promise after Broadcom merger

Broadcom’s Rally transforms agile project management amid data privacy concerns

AI nonprofit Cosmos Institute launches new research initiatives, venture arm

Broadcom bets on profitable private cloud solutions with VMware acquisition

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