Duncan Riley
Latest from Duncan Riley
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, Zscaler reported adjusted earnings per share of 88 …
Mosyle acquires Assetbots to enhance device management offerings
Apple Inc. device management company Mosyle Corp. today announced that it has acquired asset management software company Assetbots LLC for an undisclosed price. Founded in 2021, Assetbots offers asset management software that is designed to simplify the tracking and management of assets across various …
New Morphisec report finds links between emerging Cicada3301 ransomware and BlackCat
A new report out today from endpoint security firm Morphisec Inc. details a recently discovered form of ransomware that may have links to the infamous BlackCat ransomware family. Called Cicada3301, the new threat was identified in a Morphisec customer environment recently and was …
Meta reports rapid growth in popularity for its Llama AI models, with nearly 350M downloads
Meta Platforms Inc. today revealed that its Llama generative artificial models are rapidly growing in popularity, with downloads of the models increasing by 10 times from the same time last year and are quickly approaching 350 million downloads. The figures were revealed …
Autodesk outperforms projections with strong earnings and revenue growth
Shares in Autodesk Inc. were up over 4% in late trading today after the computer-aided software design company reported earnings and revenue beats. For its fiscal second quarter ended July 31, Autodesk reported adjusted earnings per share of $2.15, up from $1.91 …
Elastic shares plunge 25% on lower revenue projections amid slower customer commitments
Shares in Elastic N.V. plunged nearly 25% in late trading today after the enterprise search software company warned of slower growth and fell short on outlook alongside an otherwise solid quarterly earnings report. For its 2025 fiscal first quarter that ended on July …
Google reports watering-hole attacks on Mongolian sites leveraged iOS and Android exploits
Google LLC’s Threat Analysis Group today shared details on multiple observed in-the-wild exploit campaigns that used watering-hole attacks on Mongolian government websites between November 2023 and July this year. A watering-hole attack is a strategy that involves attackers compromising legitimate websites that …
Accenture and Google Cloud strengthen alliance to boost AI adoption and cybersecurity
Accenture plc and Google Cloud today announced new advancements in their strategic alliance that advance artificial intelligence adoption and cybersecurity for Fortune 500 companies. The two companies are increasing their investments in services that support businesses through every stage of their generative …
AI image generator Midjourney is venturing into hardware development
Artificial intelligence image generation company Midjourney Inc. announced today on X Inc. that it’s getting into hardware and is looking to add new members to its team to assist in the endeavor. Exactly what hardware Midjourney is planning on building is not …
Cybersecurity firms CrowdStrike and Okta beat earnings forecasts but face challenges
Shares in both CrowdStrike Holdings Inc. and Okta Inc. fell in late trading today despite the cybersecurity companies reporting solid quarterly figures. CrowdStrike revised its outlook downward following a quarter that saw the company shrouded in controversy following an update to its Falcon …