Wednesday May 8, 2024

Everything you need to know about Apple’s huge third quarter

 Apple’s third quarter results came out today. They’re pretty good! Or, at least, not bad — and good enough to keep investors happy. Very happy, actually: the stock jumped more than 7%, recovering pretty much all of the value it lost when it reported a complete whiff of a second quarter. It’s no monster crash […]

OpenStack will soon be able to run in containers on top of Kubernetes

 OpenStack, the open source project that allows enterprises to run an AWS-like cloud computing service in their own data centers, added support for containers over the course of its last few releases. Running OpenStack itself on top of containers is a different problem, though. Even though CoreOS has done some work on running OpenStack in containers thanks to its oddly named… Read More […]

Zenefits gets a small fine in resolving regulatory concerns in Tennessee

 Zenefits has been under fire for skirting regulation, resulting in the ouster of its previous CEO Parker Conrad and a heavy-duty overhaul underway of the company. The results of that effort are now seemingly starting to emerge, starting first with a resolution in Tennessee which will cost the company $62,500 and allow it to continue […]

SAP beats analysts’ expectations, reports “record-setting” revenue and profit

 German IT services and enterprise giant SAP reported encouraging numbers for Q2 2016, beating analysts’ expectations and spiking its share price by nearly five percent in pre-market trading Wednesday as its non-IFRS EPS increased 2 percent to €0.82 ($0.90). Analysts had predicted a quarterly EPS of $0.78. The leap is owed in part to the strength of the company’s… Read More Tweet […]

Redis Labs raises $14M for its in-memory NoSQL database services

 Redis Labs, the company behind the open source Redis data structure store, today announced that it has raised a $14 million Series C round led by Bain Capital Ventures and Carmel Ventures. The company’s existing investors, including Silicon Valley Bank and Tamar Ventures managing partner Zohar Gilon, also participated in this round. With this round, […]

Dreamit accelerator ditches demo days, unveils 25 new health and education startups

 Dreamit Ventures’ accelerator has ditched the demo day, according to Chief Innovation Officer Steve Barsh. That’s not the only change the early-stage venture firm and accelerator has made of late. Today, Dreamit unveiled a list of 25 new health and edtech startups launching from its revamped programs. A full list of those companies provided by […]

Google launches new API to help you parse natural language

 Google today announced the public beta launch of its Cloud Natural Language API, a new service that gives developers access to Google-powered sentiment analysis, entity recognition, and syntax analysis. This new API joins Google’s other pre-trained machine-learning APIs like the Cloud Speech API, which is now also available in public beta, the Vision API and the […]

After 3 weeks, Worldpay still fumbling millions of Etsy transactions

 Etsy users had another bad week as payment processor Worldpay continues to cause problems. Late last week, some Etsy users began reporting that they had experienced duplicate charges. The forum on Etsy for duplicate charges is approaching one thousand posts. In a statement, Worldpay admitted to causing the duplicate charges for Etsy users in its attempts to […]

Sift Science raises $30 million to predict and prevent fraud everywhere online

 To predict and prevent fraud online even more quickly than cybercriminals adopt new tactics, Sift Science has raised $30 million in a Series C round of venture funding in a round led by Insight Venture Partners. According to the U.S. Internet Crime Complaint Center (IC3) 2015 annual report, reported internet crimes alone, ranging from personal […]

IBM beats the street in Q2 with sales of $20.24B, EPS of $2.95, cloud revenues up 30%

 IT giant IBM has just posted its second quarter earnings, with revenues coming in at $20.24 billion and non-GAAP earnings per share at $2.95. The figures beat analysts’ estimates of $20.03 billion in revenue and non-GAAP EPS of $2.89 per share. However, non-GAAP net income is $2.8 billion, down 25 percent from a year ago (GAAP net income was $2.5 billion, now 29 […]