Arctic Wolf, a cybersecurity company that’s raised hundreds of millions of dollars in debt and equity, today announced that it plans to acquire Revelstoke, a company developing a security orchestration, automation and response (SOAR) platform, for an undisclosed amount. In a blog post, Arctic Wolf chief product officer Dan Schiappa said that the acquisition would…
SAN CARLOS, Calif., Oct. 11, 2023 (GLOBE NEWSWIRE) — Check Point® Software Technologies Ltd. (NASDAQ: CHKP) today announced the immediate availability of Quantum SASE, integrating technologies from newly acquired Perimeter 81. This integrated offering addresses organizations’ needs for a unified user experience, simplified Secure Access Service Edge (SASE) management, and a fast, secure browsing experience….
The elevated interest in artificial intelligence (AI) this past year resulted in elevated stock prices for companies positioned to take advantage of this fast-growing and potentially lucrative technology. Did I say lucrative? AI is expected to contribute $15.7 trillion to the global economy by 2030, according to a forecast by PwC. One big beneficiary was…
Pump founder Spandana Nakka helps SMEs band together to buy cloud capacity Pump San Francisco-based start-up Pump wants to become the “Costco of cloud computing.” The business, launched earlier this year, says it can reduce the cloud bills of small and medium-sized enterprises (SMEs) by up to 60%, simply by enabling them to buy as…
Wichita State University and Knowmadics are entering into a new collaboration aimed at enhancing the security, and resiliency of satellite constellations and satellite-based communications. The endeavor is intended to strengthen the security of data collection and transfer among space-based Internet of Things (IoT) devices. The work will be performed through Wichita State’s National Institute for…
Hong Kong’s digital banks compare with the best in the world, with two virtual lenders from the city featuring in the global top 10 thanks to improvements in their mobile banking apps, according to a study. ZA Bank, the city’s largest virtual bank, ranked sixth in the 2023 Global Mobile Benchmark by French consultancy Sia…
Semiconductor stocks have taken off in 2023 thanks to artificial intelligence (AI) as chips are playing a mission-critical role in the proliferation of this technology in multiple ways. This explains why the PHLX Semiconductor Sector index has recorded impressive gains of 37% so far this year. Training large AI models requires a lot of computing power,…
The British Office of Communications, or Ofcom, has referred the country’s cloud market to the Competition and Markets Authority (CMA) for an investigation into the apparent dominance of some major providers. The report focuses on Amazon and Microsoft, which combined, accounted for between 70% and 80% of the market in 2022. Ofcom has raised concerns…
