Enterprise

Backed by Microsoft, AWS and Meta, the Overture Maps Foundation launches its first open map data sets

It’s not often you’ll find Microsoft, Amazon and Meta in the same room, collaborating toward the same goals. But that’s exactly what we have with the Overture Maps Foundation, an initiative to develop interoperable and open map data. Launched in December 2022, the Overture Maps Foundation is an attempt to counter Google’s stranglehold on online […]

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Vanta trust management platform raises $150M Series C, now valued at $2.45B

Vanta, a trust management platform that helps businesses automate much of their security and compliance processes, today announced that it has raised a $150 million Series C funding round led by Sequoia Capital. The company is now valued at $2.45 billion, up from $1.6 billion in 2022 when it raised its $40 million Series B

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How to prevent your software update from being the next CrowdStrike

CrowdStrike released a relatively minor patch on Friday, and somehow it wreaked havoc on large swaths of the IT world running Microsoft Windows, bringing down airports, healthcare facilities and 911 call centers with it. While we know a faulty update caused the problem, we don’t know how it got released in the first place. A

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Meta releases its biggest ‘open’ AI model yet

Meta’s latest open-source AI model is its biggest yet. Today, Meta said it is releasing Llama 3.1 405B, a model containing 405 billion parameters. Parameters roughly correspond to a model’s problem-solving skills, and models with more parameters generally perform better than those with fewer parameters. At 405 billion parameters, Llama 3.1 405B isn’t the absolute

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QA Wolf secures $36M to grow its app QA-testing suite

Quality assurance in the app development world is a necessary, but often resource-draining, undertaking. According to Statista, 23% of companies’ annual IT budgets are allocated to in-house or third-party contracted QA and testing. The stakes are high. In a survey by QA software-testing company QualiTest Group, 88% of app users said that they’d abandon apps

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Wiz walks away from Google’s $23B acquisition offer: Read the CEO’s note to employees

Cybersecurity startup Wiz has turned down a $23 billion acquisition offer from Alphabet, Google’s parent company, according to a source familiar with discussions. Despite the offer representing a substantial premium over its last private valuation of $12 billion, Wiz’s management team with support of investors have opted to remain independent, the person said. Wiz’s CEO,

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CrowdStrike’s rivals stand to benefit from its debacle

The CrowdStrike debacle — a bug in the company’s Windows software that had the disastrous effect of rendering PCs unusable — has disrupted flights, canceled elective medical treatments, and left many an office worker twiddling their thumbs for hours. Unsurprisingly, it’s also tanked CrowdStrike’s stock price, even as the company’s CEO, George Kurtz, promises a

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CrowdStrike’s rivals stand to benefit from its update fail debacle

The CrowdStrike debacle — a bug in the company’s Windows software that had the disastrous effect of rendering PCs unusable — has disrupted flights, canceled elective medical treatments, and left many an office worker twiddling their thumbs for hours. Unsurprisingly, it’s also tanked CrowdStrike’s stock price, even as the company’s CEO, George Kurtz, promises a

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Banks, airlines, brokerage houses report widespread outages across the globe

Businesses worldwide are experiencing widespread outages, including Windows “blue screen of death” errors, many of them said Friday. The problems are affecting various sectors, from banks, food chains, brokerage houses, news organizations to airlines. Many customers have reported being unable to restart their computers due to the issue. This outage comes shortly after Microsoft confirmed

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Announcing the agenda for the SaaS Stage at TechCrunch Disrupt 2024

Software as a service (SaaS) is an ever-evolving industry. We’ll talk to some of the sharpest minds and professionals in the industry — executives from early- and late-stage SaaS companies, leaders from the infrastructure companies that power the industry and the venture capitalists who fund them. Explore and enjoy, and we hope you’ll join us

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