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Apps

Lyft’s first profitable quarter overshadowed by missed booking targets

By Duncan Riley Aug 7, 2024

Shares in Lyft Inc. plunged more than 17% today after the ride-hailing company fell short on both second-quarter bookings and third-quarter forecast, despite logging its first-ever profitable quarter and beating revenue and earnings targets.…

Big Data

Serverless database startup Neon nabs $25M in fresh funding

By Maria Deutscher Aug 7, 2024

Neon Inc., a startup with a serverless distribution of the open-source Postgres database, today announced that it has raised $25 million in funding. Microsoft Corp.’s M12 venture capital arm led the investment. It was…

Blockchain

Surging cryptocurrency trading helps Robinhood beat earnings

By Duncan Riley Aug 7, 2024

Shares in Robinhood Markets Inc. were up over 3% in late trading today after the financial services company surprised with a second-quarter earnings beat thanks to surging levels of customer trading, particularly in cryptocurrency.…

AI

OpenAI reportedly leads $60M round for webcam startup Opal

By Maria Deutscher Aug 7, 2024

OpenAI is expected to lead a $60 million funding round for Opal Camera Inc., a consumer electronics startup that develops high-end webcams. The Information reported the ChatGPT developer’s investment plans today. OpenAI is expected…

AI

Balancing the complexities of modern cybersecurity: theCUBE insights from Black Hat USA

By Chad Wilson Aug 7, 2024

The surge in cybersecurity vendor sprawl has become a major issue in the tech world. As artificial intelligence and data integration advance, the sheer number of security vendors complicates an already challenging landscape. With…

Security

Gen AI drives Armis’ innovations in asset intelligence and proactive cybersecurity

By Victor Dabrinze Aug 7, 2024

Today’s security incident management landscape demands companies to be agile, proactive and responsive to ever-changing threat surfaces. With generative artificial intelligence in the mix, as many solutions exist in defenders’ toolboxes as threat vectors…

AI

Transforming cybersecurity: The crucial role of AI and data management

By Chad Wilson Aug 7, 2024

The cybersecurity industry is experiencing a transformative phase driven by the rapid adoption of artificial intelligence and the escalating need for stronger data security. As organizations navigate the complexities of integrating AI into operations,…

Security

EQT to acquire majority stake in cybersecurity firm Acronis at $3.5B+ valuation

By Maria Deutscher Aug 7, 2024

Swedish investment firm EQT is acquiring a majority stake in Acronis International GmbH, a major provider of cybersecurity and backup software. The companies announced the deal today. They didn’t disclose the size of the…

Blockchain

Andrena raises $18M to launch decentralized internet service

By Kyt Dotson Aug 7, 2024

High-speed Wi-Fi internet provider Andrea announced today it has raised $18 million in an early-stage round to develop a decentralized broadband protocol. The extended Series A round was led by Dragonfly Capital. It also…

AI

Datadog’s observability and security platform sees quick expansion on Google Cloud Marketplace

By Devony Hof Aug 7, 2024

Google LLC aims to provide organizations with all the machine learning and observability tools they need through Google Cloud Marketplace, based on a large network of independent software vendors or ISVs. Datadog Inc., which…

the latest

Lyft’s first profitable quarter overshadowed by missed booking targets

Serverless database startup Neon nabs $25M in fresh funding

Surging cryptocurrency trading helps Robinhood beat earnings

OpenAI reportedly leads $60M round for webcam startup Opal

Balancing the complexities of modern cybersecurity: theCUBE insights from Black Hat USA

Gen AI drives Armis’ innovations in asset intelligence and proactive cybersecurity

Transforming cybersecurity: The crucial role of AI and data management

EQT to acquire majority stake in cybersecurity firm Acronis at $3.5B+ valuation

Andrena raises $18M to launch decentralized internet service

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