As part of its earnings call, Microsoft today announced a number of new data points for GitHub, the massively popular code repository service it acquired for $7.5 billion in 2018. According to Microsoft, GitHub now has an annual recurring revenue of $1 billion, up from a reported $200 to $300 million at the time of […]
Today after the bell, Alphabet and Microsoft will report their calendar third-quarter financial results. Given the breadth of industries that each of these companies touch, their performance will provide us with rich data concerning different areas of the technology landscape. The fun will continue tomorrow when Meta reports its own results. And later this week, […]
Emergency response services have had a big boost of data thanks to advances in connected technology, with watches that can detect when their wearers are falling down and are experiencing trauma, cars that can pinpoint where their drivers are located, and home systems that can transmit important data about fires when you cannot just a […]
It’s been a little over a month since Launch House, a buzzy venture-backed founder’s club backed by the likes of Andreessen Horowitz and Day One Ventures, publicly faced numerous allegations of harassment and assault. In response to the allegations first surfaced by the news publication Vox, the startup claimed that it would undergo an independent, […]
Everybody’s talking so much about cost optimization and extending runways that startups across the board are looking at every little expense as they seek ways to navigate the downturn. But some costs are better left untouched simply because the work involved may not be worth the payoff. According to several investors we surveyed recently, cloud […]
Docker is still around and likely doing better – at last in financial terms — than during its early hype cycle that kicked off the container revolution (only to then be eclipsed by Kubernetes and its ecosystem). Today, the company announced the first technical preview of its WebAssembly (Wasm) support. Browser vendors pioneered Wasm to […]
Travel is back on the radar for investment, with consumers and business users both on the move again after a long pandemic period of staying in one place. Today, a startup called WeTravel — which builds tech for the specific needs of group travel — has raised $27 million, money that it will be using […]
Matt Butcher and Radu Matei worked on container technologies for years, “containers” in this context referring to software packages containing all the necessary elements to run in any environment, from desktop PCs to servers. As engineers at Deis, and then DeisLabs once Microsoft acquired it in 2017, their team explored the container landscape and built […]
Cloud cost optimization startups have become ubiquitous, and they’ve found a friendly ear among enterprise clients looking to cut costs amid the downturn. But should younger startups similarly scrutinize their cloud spend? According to several cloud investors, startups should prioritize building over optimization — unless it’s going to save them a big chunk of money. […]
On Tuesday, activist investor Starboard Value revealed a significant stake in Salesforce, sending the company’s stock climbing more than 7%. A hedge fund founded in 2002 by Jeffrey Smith and Mark Mitchell, Starboard has a history of affecting change at major companies, spurring the spinning off of media startup Patch from AOL in 2014 and […]
