Duncan Riley
Latest from Duncan Riley
Behavior-tracking software firm Amplitude Inc. today announced three new data-related services for its Digital Analytics platform that enhance data synchronization, security and privacy management capabilities. The new products aim to provide seamless data synchronization, robust access controls and efficient data deletion processes. The enhancements help …
Lyft’s first profitable quarter overshadowed by missed booking targets
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. For the quarter ended June 30, Lyft reported …
Surging cryptocurrency trading helps Robinhood beat earnings
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. For the quarter ended June 30, Robinhood reported …
Cloudbees acquires AI-based software testing startup Launchable
Enterprise software delivery company CloudBees Inc. today announced it has acquired artificial intelligence-based software testing startup Launchable Inc. for an undisclosed price. Founded in 2019, Launchable offers an AI Co-Pilot for test suite intelligence and optimization. The company’s service delivers short test runs, test …
Black Hat bonanza: 1Password, ArmorCode, Legit Security and NetRise unveil new security solutions
It was another busy day today at the annual Black Hat USA 2024 conference in Las Vegas, as cybersecurity companies 1Password LLC, ArmorCode Inc., Legit Security Ltd. and NetRise Inc. al made product announcements aimed at enhancing the cybersecurity posture of their …
Rivian shares slide as electric car maker reports cost blowouts in second quarter
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 an adjusted earnings per share loss of $1.13, …
Cyber upside: Fortinet and Rapid7 impress investors with earnings beats
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 adjusted earnings per share of 57 cents, up …
Uber shares up over 10% as higher bookings deliver earnings and revenue beats
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 on June 30, Uber reported adjusted earnings per …
Flashpoint unveils enhanced threat intelligence capabilities to help companies stay ahead of threats
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 annual Black Hat USA conference in Las …
Contrast Security launches new ADR service to bolster application security
Application security startup Contrast Security Inc. today introduced Application Detection and Response, a new service that identifies and blocks attacks and zero-day or previously unknown vulnerabilities on applications in production. Contrast Security ADR has been designed to help security teams identify vulnerabilities, …