Enterprise
CrowdStrike rallies to file on cybersecurity firm’s inclusion in S&P 500
George Kurtz, main executive officer of CrowdStrike Patrick T. Fallon | Bloomberg | Getty Images CrowdStrike shares jumped as significantly as 10% on Monday just after an announcement that the cybersecurity software vendor was joining the S&P 500, replacing fiscal business Comerica. S&P Dow Jones Indices mentioned in a assertion late Friday that CrowdStrike was […]
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Fda approves two new Abbott above-the-counter steady glucose monitors
Abbott Chairman of the Board and CEO Robert B. Ford delivers a keynote address at CES 2022 at The Venetian Las Vegas on January 6, 2022 in Las Vegas, Nevada. Ethan Miller | Getty Images Abbott Laboratories announced on Monday it obtained acceptance from the U.S. Food items and Drug Administration for two new constant […]
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Waystar shares slip in Nasdaq debut after digital health company priced IPO in middle of range
Waystar shares slid about 3% in their Nasdaq debut on Friday, after the health-care payment software vendor priced its IPO in the middle of the expected range. The stock opened at $21 per share, below the IPO price of $21.50 late Thursday. Waystar said its expected price would be between $20 and $23 per share […]
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Microsoft says AI feature that captures screenshots on new PCs will be off by default after backlash
Microsoft CEO Satya Nadella speaks at an party on Microsoft’s campus in Redmond, Washington, on May 20, 2024. Chona Kasinger | Bloomberg | Getty Photographs Microsoft explained an synthetic intelligence characteristic on new PCs that captures screenshots and enables hunting of person activity will be off by default right after stability scientists established that attackers […]
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Databricks acquires data optimization startup Tabular in fresh challenge to Snowflake
Ali Ghodsi, co-founder and CEO of Databricks, speaks at the company’s Spark and AI Summit in San Francisco in April 2019. Databricks Data analytics software maker Databricks said in a statement on Tuesday that it’s acquiring Tabular, a startup that helps optimize data stored in the cloud. The gesture could help Databricks more quickly bring […]
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Microsoft confirms layoffs in mixed actuality but will continue to keep marketing HoloLens 2 headsets
Microsoft CEO Satya Nadella speaks at a media briefing at the firm’s campus in Redmond, Washington, on Could 20, 2024. Chona Kasinger | Bloomberg | Getty Illustrations or photos Microsoft will lay off some personnel who operate on blended reality, a spokesperson advised CNBC on Monday. Despite the fact that the cuts will impact the […]
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Spotify raises selling prices of high quality subscription strategies
Daniel Ek, founder and main govt officer of Spotify, attends the Cannes Lions 2016 on June 22, 2016 in Cannes, France. Antoine Antoniol | Getty Photos Spotify introduced on Monday it is expanding the expense of its high quality subscription strategies in the U.S., marking the Swedish music-streaming company’s second rate hike in a yr. […]
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Software stocks got pummeled this week after a cluster of troubling earnings reports
Salesforce executives told investors that deals are shrinking or getting delayed. Dell said its margin is getting smaller. Okta highlighted macroeconomic challenges. And Veeva’s CEO said on his company’s earnings call that generative artificial intelligence has been “a competing priority” for customers. Add it all up and it was a brutal week for software and […]
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Shares of Dell fall 16% as AI servers are marketed at ‘near-zero margins’
Dell Technologies CEO Michael Dell speaks through the MWC session ‘New strategies for a new era’ on the 1st working day of the 18th edition of the Cell Planet Congress (MWC) at Fira de Barcelona’s Gran By means of venue in L’Hospitalet de Llobregat on February 26, 2024, in Barcelona, Catalonia, Spain. Kike Rincon | […]
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MongoDB shares sink 23% after management trims guidance
MongoDB CEO Dev Ittycheria. Scott Mlyn | CNBC MongoDB stock sank as much as 25% in extended trading on Thursday after the database software maker issued light guidance for the quarter and reduced its forecast for the full fiscal year. Here is how the company did, compared to the LSEG consensus: Earnings per share: 51 […]
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