Enterprise

Cybersecurity funding is falling after enjoying impressive heights in the last few years. According to Crunchbase, VC financing for security declined to just over $1.6 billion in Q2 2023, marking a 63% drop compared to the same quarter last year — when startups landed nearly $4.3 billion. But

The European Commission (EC) has confirmed that it’s opening an in-depth investigation into Adobe’s proposed $20 billion bid for digital design software rival Figma. The Commission said that the acquisition “may reduce competition in the global markets for the supply of interactiv

In its continued attempt to diversify its product offerings, Zoom today launched a new asynchronous video tool, Zoom Clips, that lets users record, edit and share video clips without having to hop on a meeting. Zoom Clips, available in public beta, provides a dedicated content library where users c

One Model, a platform that uses AI to help employers make decisions about recruiting, hiring, promotions, layoffs and general workplace planning, today announced that it’s raised $41 million in a funding round led by Riverwood Capital. Christopher Butler, CEO of One Model, said that the capit

Thomson Reuters is a venerable news and information organization, with its historical roots stretching all the way back to the 19th century. The two companies merged in 2008 and provide a combination of news and specialized information in areas like law, trade and accounting. The organization proce

Amazon has seen AWS growth rates dropping substantially over the last three quarters, from 20% to 16% to 12% this quarter. That's not the kind of trend any company wants to see, but especially for a division like AWS, which has been a growth driver for Amazon over the years. Still, Amazon CEO A

Cloud growth has been slowing for a number of reasons this year. Some of it has to do with macroeconomic headwinds causing customers to look to cut their cloud bills, some of it has to do with a maturing market, which comes with an inevitable decline in growth. With the Big 3 cloud vendors —

Salesforce introduced its AI layer, dubbed Einstein, in 2016. More recently, at the Salesforce World Tour event in NYC in May, all the company talked about was generative AI and Data Cloud, its in-house data lake. Today, it announced the next step in that journey with the release of Einstein Studio

Apple’s services business now has more than 1 billion paying subscribers, the company said during its third-quarter results conference call. The company’s services portfolio comprises iCloud, Music, Fitness+, Pay, Apple Card and Apple TV+, and it added 150 million subscribers over the p

AI may have found a center of gravity in the Bay Area, but we’re seeing a lot of activity elsewhere among those who believe that there is a market opportunity ensuring that the pace of innovation does not only get played out in just one corner of the world. Today, SoftBank put in a bid for bu

GitHub Copilot has changed how developers write their code. However, it can also create issues when it creates code similar to what’s already available in another public repository. In 2022, GitHub launched a feature that allowed users to block suggestions of matching public code automaticall

Service mesh specialist Tetrate today announced that Tetrate Service Express (TSE), the company’s service mesh solution for Amazon’s EKS container service, is now generally available. TSE combines Tetrate’s Istio-based service mesh solution with a zero-trust security solution that

Endor Labs, which offers a platform developers can use to manage and secure their open source dependencies, today closed a $70 million Series A round led by Lightspeed Venture Partners with participation from Coatue, Dell Technologies Capital, Section 32 and a number of angel investors. The new fin

Those of us who have seen software transition from perpetual licenses to recurring revenue SaaS businesses know there's been a fundamental shift in how revenue is earned over time. Recurring revenue businesses have to prove their value and win the customer's trust every day. It's no lon