Palo Alto Networks is buying IBM's QRadar cloud security software assets and moving customers to its own platform; IBM will adopt Palo Alto products internally — Palo Alto Networks is buying cloud security software assets from IBM as part…
Cisco reports Q3 revenue down 13% YoY to $12.7B, vs. $12.53B est., net income down 41% YoY to $1.89B, and forecasts FY 2024 revenue above estimates — Cisco reported earnings and revenue for the fiscal third quarter that topped Wall Street…
Netflix says its ad tier has 40M MAUs, up from 23M in January, and it will launch its own ad platform and no longer partner with Microsoft for that technology — Netflix's cheaper, ad-supported tier has amassed 40 million global monthly…
Amazon made its debut pitch at the Upfronts annual ad sales event on May 14, competing with major media networks and highlighting its push beyond digital ads — Amazon has become a growing threat to digital ad incumbents Meta and Google,…
Reddit's stock closed up 7.13% today, amid a meme stocks rally driven in part by posts on r/WallStreetBets; GameStop closed up 60.10% and AMC up 31.98% — Reddit shares popped 7% on Tuesday, climbing for a second straight day after retail…
Flutterwave, Africa’s leading payment technology company, has earned a spot on the prestigious 12th annual CNBC Disruptor 50 list alongside companies like OpenAI, Stripe, Monzo.
Flutterwave, Africa’s leading payment technology company, has earned a spot on the prestigious 12th annual CNBC Disruptor 50 list alongside companies like OpenAI, Stripe, Monzo. This recognition underscores its innovation and expansion,…
OpenAI repeats as the No. 1 company on the 2024 CNBC Disruptor 50 list as AI redefines the way VCs, startups and market giants invest, interact and compete.
Anthropic launches its Claude chatbot and subscription plans in Europe, available to individuals and businesses through the web and via an iPhone app — Anthropic, the artificial intelligence startup backed by Amazon, said Monday it's…
SoftBank reports a $4.6B gain on its Vision Fund in the fiscal year to March 2024, the first gain since 2021, after ByteDance and DoorDash rose in value — SoftBank posted a 724.3 billion Japanese yen ($4.6 billion) gain on its Vision Fund…
A federal judge dismisses X's lawsuit against Bright Data over data scraping; Meta previously filed a suit against Bright Data and was similarly unsuccessful — Tesla CEO Elon Musk — A federal judge in California dismissed a lawsuit filed…