Quick blog here to update you on some pretty important movements in the market. Today, in a nasty day for stocks generally, shares of software and cloud companies took a pounding. In numerical terms, the Nasdaq Composite lost 2.51%, per CNBC data. That’s a very bad day for a huge, critical category of publicly traded […]
6 things in cybersecurity we didn’t know last year
The past twelve months in cybersecurity have been a rough ride. In cybersecurity, everything is broken — it’s just a matter of finding it — and this year felt like everything broke at once, especially towards the end of the year. But for better or worse, we end the year knowing more than we did […]
AWS just can’t catch a break
For the third time this month, AWS today suffered an outage in one of its data centers. This morning, a power outage in its US-EAST-1 region affected services like Slack, Asana, Epic Games and others. The issues started around 7:30 a.m. ET and the knock-on effect of these issues continues to plague the service as […]
EU clears Microsoft-Nuance without conditions
The European Union’s competition regulator has given the all-clear to Microsoft’s $19.7 billion purchase of transcription tech firm Nuance, which was announced earlier this year. The EU said today it has concluded there are no competition concerns for the region if the acquisition goes ahead, clearing it without conditions. The deal was notified to the […]
SQream acquires no-code data platform Panoply
SQream, a well-funded Israel-based data analytics platform, today announced that it has acquired no-code data platform Panoply in an effort to expand its cloud services. At the core of SQream’s service is its GPU-centric “data acceleration platform,” which promises to speed up SQL queries and enable users to run their queries on more data. Panoply, on […]
Amazon Web Services Outage Affects Several Major Games
Amazon Web Services, upon which much of the internet is built, is experiencing issues with its biggest hub of data centers. Naturally, this means a lot of folks are having trouble logging into and playing some of their favorite games.Read more…
AWS introduces a solution to get customers off their mainframes more quickly
At Amazon’s AWS re:Invent conference this morning, the company announced a new platform for mainframe migration and modernization called simply “AWS Mainframe Modernization,” which aims to help AWS customers get off their mainframes “as fast as they possibly can” in order to take better advantage of the cloud. Today, customers may take a couple of […]
AWS launches its Graviton 3 processor
At its annual re:Invent conference, AWS today announced the newest generation of its Arm-based Graviton processors: the Graviton 3. The company promises that the new chip will be 25 percent faster than the last-generation chips, with 2x faster floating-point performances and a 3x speedup for machine-learning workloads. AWS also promises that the new chips will […]
Render secures $20M Series A to scale its DevOps cloud platform
DevOps cloud platform Render, which won our Disrupt SF 2019 Startup Battlefield, announced today that it closed a $20 million Series A funding round led by Addition alongside existing investors General Catalyst and South Park Commons. Addition first made a small investment in Render in February 2020 when the company was not looking to raise […]
Why Sabre is betting against multi-cloud
In January, Sabre, the travel technology company that probably managed at least some aspects of your last flight and hotel bookings, announced a 10-year partnership with Google Cloud that would see it spend about $2 billion on Google’s cloud platform over that time. Sabre, like so many companies of its size, has long operated its […]