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Big Data

InfluxData revamps its time-series database offerings with faster query performance and lower latency

By Mike Wheatley Sep 4, 2024

Time series database startup InfluxData Inc. is beefing up the capabilities of its flagship product InfluxDB with a major update rolled out today that’s designed to simplify the task of managing time series data at…

Cloud

Payouts.com raises $12.1M to enhance supplier management and payout automation

By Duncan Riley Sep 4, 2024

Fintech platform startup Payouts.com today announced that it has raised $12.1 million in new funding to enhance its vendor relationship management capabilities and advance product development. Founded in 2022, Payouts.com offers a platform designed…

AI

Revefi raises $20M to launch world’s first ‘AI data engineer’

By Mike Wheatley Sep 4, 2024

Data observability startup Revefi Inc. said today it has closed on $20 million in an early-stage funding round, timing the announcement with the launch of what it says is the world’s first-ever “AI data…

Policy

Telegram investigated in South Korea over surge of sexual deepfake content

By James Farrell Sep 3, 2024

Authorities in South Korea have begun an investigation into the embattled instant messaging app Telegram, focusing on the platform’s relationship with deepfake sex crimes that have caused a stir in the country. The probe…

Cloud

PagerDuty lowers its full-year sales forecast and its stock falls hard

By Mike Wheatley Sep 3, 2024

Shares of PagerDuty Inc. were trading lower late today after the company said it’s cutting its full-year revenue target, even as it upped its forecast for the bottom line. Officials expect the company to…

AI

Nvidia faces increased antitrust pressure as Justice Department sends subpoena requests

By Duncan Riley Sep 3, 2024

The U.S. Department of Justice has reportedly sent subpoenas to Nvidia Crop. and other companies as part of an antitrust investigation into the company that appears to be ramping up. Bloomberg, citing people familiar…

Cloud

Asana’s revenue outlook falls short as shares decline 13%

By Duncan Riley Sep 3, 2024

Shares in Asana Inc. fell nearly 13% in late trading today after the work management software company reported earnings and revenue beats in its fiscal second quarter but fell short of expectations on revenue…

Cloud

GitLab raises its full-year outlook, sending its stock higher in extended trading

By Mike Wheatley Sep 3, 2024

Shares of GitLab Inc. surged in extended trading today after the software development company posted strong earnings results and bumped up its full-year outlook. That came even as lingering concerns over the health of…

Policy

Clearview AI fined €30.5M in the Netherlands over its facial recognition database

By Maria Deutscher Sep 3, 2024

The Netherlands’ privacy watchdog today fined Clearview AI Inc. €30.5 million, or about $33.7 million, over its controversial facial recognition database. The penalty is the latest in a series issued to the company by…

Security

Zscaler stock falls on weak outlook amid revenue and earnings beats

By Duncan Riley Sep 3, 2024

Shares in Zscaler Inc. fell 14% in late trading today after the cloud security company forecasted a lower-than-expected full-year outlook alongside solid figures for its fiscal fourth quarter. For the quarter ended July 31,…

the latest

Payouts.com raises $12.1M to enhance supplier management and payout automation

Telegram investigated in South Korea over surge of sexual deepfake content

PagerDuty lowers its full-year sales forecast and its stock falls hard

Nvidia faces increased antitrust pressure as Justice Department sends subpoena requests

Asana’s revenue outlook falls short as shares decline 13%

Zscaler stock falls on weak outlook amid revenue and earnings beats

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