Paul Gillin
Latest from Paul Gillin
CIQ raises $26M to promote free alternative to Red Hat Linux
Ctrl IQ Inc., which does business as CIQ, said today it has raised a $26 million early-stage funding round to advance an alternative to Red Hat Inc.’s Enterprise Linux operating system. The Series A infusion brings the company’s total financing to $33 million and its valuation to $150 million, according to co-founder Gregory Kurtzer. CIQ ...
Red Hat rollout parade led by Enterprise Linux 9
Red Hat Inc. is kicking off its Red Hat Summit conference in Boston today with a sweeping set of announcements anchored by version nine of its flagship Red Hat Enterprise Linux operating system. Red Hat Enterprise Linux 9 is the first production release to be built on CentOS Stream, a continuously delivered Linux distribution that ...
Telus International CEO says tech stock slide is detached from reality
Telus International Inc. today reported its fourth positive earnings surprise in the past four quarters on 19% year-over-year revenue growth, substantially higher earnings and a forecast of continued double-digit revenue gains for the year with healthy profitability. But while the company stock bounced 4% higher on the news, its shares are still down more than ...
Salesforce.com tightens integrations with acquired products
Looking to wring more synergies out of its recent acquisitions, Salesforce.com Inc. today used its TrailblazerDX 2022 developer conference to introduce new integrations between its core customer relationship management system and the Slack collaboration and Tableau data visualization platforms. Salesforce.com’s MuleSoft subsidiary also expanded its feature for managing application program interfaces. Integration with Slack, which ...
HPE announces integrated appliance for machine learning development
Hewlett Packard Enterprise Co. today is unveiling some of the fruits of last year’s acquisition of Determined AI Inc. with the launch of a platform for building and training machine learning models at scale. The HPE Machine Learning Development System combines the HPE Machine Learning Development Environment with computing, accelerators and onboard networking to accelerate ...
Microsoft shares surge on strong results and an upbeat forecast
Microsoft Corp. beat earnings estimates today with better-than-expected revenue across nearly all its product lines in the fiscal third quarter. The company also issued a bullish forecast, helping send the stock up about 5% in after-hours trading. Revenue rose 18% over the year-ago quarter, to $49.36 billion, beating analysts’ estimates of $49 billion. Earnings of ...
Code-testing firm SonarSource lands $412M in funding at a $4.7 billion valuation
SonarSource Inc., which sells a commercial version of an open-source code-testing platform, today said it has raised $412 million from new and existing investors at a valuation of $4.7 billion, bringing the Geneva-based company’s total amount raised to $457 million. SonarSource’s open-source and commercial platforms – called SonarLint, SonarCloud and SonarQube – provide automated code ...
SAP earnings miss blamed on short-term factors
SAP SE’s fiscal first-quarter earnings fell short of analysts’ expectations today but revenue growth came in stronger than expected. Earnings per share of $1.08 fell below consensus estimates of $1.22. Revenues rose 11.5% over the same period last year, to $7.63 billion, beating Wall Street’s expectations of $7.41 billion. Executives blamed the profit shortfall on a ...
Databricks targets media firms with its fourth vertical market analytics package
Databricks Inc. is continuing its recent campaign to court customers in vertical industries with today’s announcement of an analytics platform targeted at the media and entertainment industry. The company, which sells an analytics platform based on the Apache Spark framework, said the Lakehouse for Media & Entertainment addresses a set of common industry use cases ...
D-Matrix lands $44M to build AI-specific chipsets
Three-year-old startup d-Matrix Corp. said today that it has closed a $44 million funding round to support its efforts to build a new type of computing platform that support transformer artificial intelligence workloads. The company also announced its first silicon “chiplet” based on a digital in-memory computing or DIMC architecture. Founded by two veterans of microprocessor ...