Page 972 – SiliconANGLE

Emerging Tech

Rivian shares slide as electric car maker reports cost blowouts in second quarter

By Duncan Riley Aug 6, 2024

Shares in Rivian Automotive Inc. fell more than 6% in late trading today after the electric car maker reported a higher-than-expected loss in its second quarter. For the quarter ended June 30, Rivian reported…

Infra

Strong earnings report pushes GlobalFoundries’ stock higher in extended trading

By Mike Wheatley Aug 6, 2024

Shares of the contract chip manufacturer GlobalFoundries Inc. edged higher in the after-hours trading session today following a strong earnings and revenue beat. The stock ticked upward, even though investors were likely to have…

Security

Cyber upside: Fortinet and Rapid7 impress investors with earnings beats

By Duncan Riley Aug 6, 2024

Shares in cybersecurity companies Fortinet Inc. and Rapid7 Inc. both rose in late trading today after they beat analysts’ expectations in their fiscal second-quarter earnings reports. For the quarter ended June 30, Fortinet reported…

Apps

Uber shares up over 10% as higher bookings deliver earnings and revenue beats

By Duncan Riley Aug 6, 2024

Shares in Uber Technologies Inc. rose more than 10% in regular trading today after the ride-hailing company impressed investors with better-than-expected earnings and revenue in its fiscal second quarter. For the quarter that ended…

AI

OpenAI co-founder John Schulman joins rival LLM developer Anthropic

By Maria Deutscher Aug 6, 2024

John Schulman, a member of OpenAI’s founding team who played a key role in its product development efforts, is leaving for rival Anthropic PBC. Schulman announced his resignation today in a post on X.…

Security

Fortinet acquires Next DLP to extend its data security capabilities

By Maria Deutscher Aug 6, 2024

Fortinet Inc. has acquired Next DLP Inc., a startup that helps enterprises ensure their workers interact with internal data in a secure manner. The companies announced the deal today without disclosing the financial terms.…

Emerging Tech

Quantum error correction startup Riverlane closes $75M investment

By Maria Deutscher Aug 6, 2024

Riverlane Ltd., a U.K. startup working to make quantum computers more reliable, today disclosed that it has closed a $75 million Series C funding round. Growth equity firm Planet First Partners led the investment.…

Cloud

Big data gets a tailwind: Analysts see AI driving growth of next-gen data platforms

By Mark Albertson Aug 6, 2024

The era of big data has morphed into the era of generative artificial intelligence powered by data innovation. This was of one of the conclusions drawn from the Supercloud 7: Get Ready for the…

Apps

Google rolls out Flutter 3.24 with upgraded graphics performance and easier Apple deployment

By Kyt Dotson Aug 6, 2024

Google LLC brought a number of new developments to its open-source Flutter user interface development framework today with Flutter 3.24, including a major boost to graphics performance. The company also rolled out Dart 3.5,…

Security

Flashpoint unveils enhanced threat intelligence capabilities to help companies stay ahead of threats

By Duncan Riley Aug 6, 2024

Business risk intelligence startup Flashpoint today announced the release of new features and capabilities to its platform that help companies stay ahead of threats and make critical decisions to protect people, places and assets. Announced at…

the latest

Rivian shares slide as electric car maker reports cost blowouts in second quarter

Strong earnings report pushes GlobalFoundries’ stock higher in extended trading

Cyber upside: Fortinet and Rapid7 impress investors with earnings beats

Uber shares up over 10% as higher bookings deliver earnings and revenue beats

OpenAI co-founder John Schulman joins rival LLM developer Anthropic

Fortinet acquires Next DLP to extend its data security capabilities

Quantum error correction startup Riverlane closes $75M investment

Google rolls out Flutter 3.24 with upgraded graphics performance and easier Apple deployment

Flashpoint unveils enhanced threat intelligence capabilities to help companies stay ahead of threats

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