Duncan Riley
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Shares in Block Inc. fell more than 7% in after-hours trading today after the financial services company came up short of expectations on both earnings and revenue in its fiscal 2024 fourth quarter. Block reported adjusted earnings per share of 71 cents, …
Rivian reports first-ever positive gross profit in fourth quarter
Electric car maker Rivian Automotive Inc. surprised investors today with its first-ever positive earnings margin in its fiscal 2024 fourth quarter, though its shares were mostly flat in extended trading after the company forecast lower-than-expected deliveries in 2025. For the quarter ended …
Akamai reports quarterly revenue increase but guidance misses forecast
Shares in Akamai Technologies Inc. fell more than 7% in late trading today after the content delivery network provider fell short on its outlook despite reporting beats in its fiscal 2024 fourth quarter. For the quarter that ended on Dec. 31, Akamai …
New report warns of growing threat of mobile phishing targeting SMS and messaging apps
A new report out today from zLAbs, the security research arm of mobile security platform provider Zimperium Inc., warns of a significant rise in mobile phishing, or “mishing,” as attackers increasingly target mobile devices with sophisticated social engineering techniques. The report details how …
OpenText unveils new AI-driven solution to strengthen insider threat detection
Enterprise software provider OpenText Corp. today announced the launch of OpenText Core Threat Detection and Response, an artificial intelligence-powered solution for insider threat detection. The new offering is designed to address the growing challenge of insider threats and advanced attacks while using hundreds of …
Aryaka introduces AI>Observe for real-time threat detection and network visibility
Secure access service edge provider Aryaka Networks Inc. today announced new additions and updates to its Unified SASE as a Service solution, including a new service called AI>Observe that offers artificial intelligence-powered observability for advanced threat detection, prevention and analytics. The product and services …
Appian stock surges on strong quarterly results and better-than-expected outlook
Shares in Appian Corp. closed regular trading up 16% today after the business automation software provider reported better-than-expected earnings and revenue in its fiscal 2024 fourth quarter and smashed earnings expectations for the year ahead. Appian broke even, compared with earning six cents …
Ambient IoT Alliance launches with Intel and Qualcomm
The Ambient IoT Alliance, a new alliance dedicated to developing and promoting a global internet of things ecosystem, launched today with an impressive lineup of members that includes Intel Corp. and Qualcomm Inc. Described as a cross-industry coalition working to promote and …
Crunchbase relaunches as an AI-powered platform for predictive market insights
Market intelligence company Crunchbase Inc. today announced that it’s relaunching as an artificial intelligence-powered prediction engine that it claims will revolutionize how investors, founders and innovators think about market insights on private companies. Crunchbase was founded in 2007 as a company database service as …
CardinalOps expands Threat Exposure Management platform with unified prevention and detection tools
Israeli artificial intelligence-powered security engineering startup CardinalOps Ltd. today announced new enhancements to its Threat Exposure Management platform. The enhancements are aimed at boosting the company’s position in the continuous threat exposure management market. They come through a newly launched platform that provides security …