Shares in Commvault Systems Inc. were down slightly in regular trading today after the data protection provider reported lower-than-expected results in […]
Month: January 2023
AMD beats expectations and grows its revenue on strong data center chip sales
Advanced Micro Devices Inc. surprised Wall Street today as it beat expectations on sales and profit in its fourth quarter […]
OpenAI launches tool for detecting AI-generated text
OpenAI LLC today introduced a cloud-based tool that can help users determine whether a piece of text was written by […]
Saviynt raises $205M in debt financing as founder returns to CEO post
Fast-growing cybersecurity startup Saviynt Inc. today disclosed that it has raised $205 million in debt financing from AB Private Credit […]
ZK-rollup startup Sovereign Labs raises $7.4M seed funding led by Haun Ventures
Sovereign Labs, a startup that develops technology for scaling blockchains called “zero knowledge” rollups, announced Monday that it raised $7.4 […]
Acquisition of VMware by Broadcom will be closely watched by NetApp’s customers
The planned $61 billion acquisition of VMware Inc. by Broadcom Inc. will be one of the most closely followed technology […]
NetApp lets go 8% of its workforce in cost-cutting push
Data management provider NetApp Inc. today announced plans to let go about 960 employees, or 8% of its global workforce. The […]
Samsung T7 Shield 4TB is Now Available
Samsung today had some exciting news on the solid-state drive (SSD) front. The company announced the availability of the T7 […]
Everscale raises $5M to use ‘infinite sharding’ to scale blockchains
Everscale, a blockchain that aims to solve scalability issues facing Web3 apps, today announced that it has raised $5 million […]
Celsius misled investors, spent customer funds, bankruptcy examiner claims
Bankrupt cryptocurrency lender Celsius Network may have misled its investors and used new customer funds to cover outstanding withdrawals, an […]