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Okta Inc

Microsoft outsourcing best AI, Google could end up winning: Okta CEO

by Edgar Davis
Microsoft outsourcing best AI, Google could end up winning: Okta CEO

This photograph shows a screen displaying the logo of Bard AI, a conversational artificial intelligence software application developed by Google, and ChatGPT. Lionel Bonaventure | Afp | Getty Images LONDON …

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Databricks is buying data optimization startup Tabular

by Edgar Davis
Databricks is buying data optimization startup Tabular

Ali Ghodsi, co-founder and CEO of Databricks, speaks at the company’s Spark and AI Summit in San Francisco in April 2019. Databricks Data analytics software maker Databricks said in a …

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Software stocks got pummeled this week on troubling earnings reports

by Edgar Davis
Software stocks got pummeled this week on troubling earnings reports

Salesforce executives told investors that deals are shrinking or getting delayed. Dell said its margin is getting smaller. Okta highlighted macroeconomic challenges. And Veeva’s CEO said on his company’s earnings …

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Jefferies says this cybersecurity stock could double — after 75% rise

by Ron Morgan
Jefferies says this cybersecurity stock could double — after 75% rise

After two consecutive dreadful years of returns, investment bank Jefferies is forecasting a rebound in the share price of Darktrace , a British cybersecurity company. The turnaround already appears to …

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Stocks making the biggest moves midday: CC, SNOW, HRL, AI

by Walter Watson
Stocks making the biggest moves midday: CC, SNOW, HRL, AI

Check out the companies making headlines in midday trading. Hormel Foods — Shares popped 14.6% after the food processing company beat fiscal first-quarter earnings and revenue expectations. It posted earnings …

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Stock market today: Live updates

by Walter Watson
Stock market today: Live updates

Traders work on the floor at the New York Stock Exchange on Jan. 29, 2024. Brendan Mcdermid | Reuters Stock futures fell as Wall Street weighed the latest earnings results …

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Company to cut 10% or around 500 employees

by Ron Morgan
Company to cut 10% or around 500 employees

Co-founder and CEO of Snap Inc. Evan Spiegel attends the Senate Judiciary Committee hearing on online child sexual exploitation at the U.S. Capitol, in Washington, U.S., January 31, 2024.  Nathan …

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Okta to lay off 7% of staff, about 400 employees

by Edgar Davis
Okta to lay off 7% of staff, about 400 employees

Identity management company Okta said on Thursday in a message to employees that it would lay off 400 employees, which is about 7% of the company’s headcount. Okta also reaffirmed …

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Company cuts 150 jobs, 2% of workforce

by Edgar Davis
Company cuts 150 jobs, 2% of workforce

Zoom CEO Eric Yuan speaks at the Dropbox Work In Progress Conference in San Francisco on Sept. 25, 2019. Matt Winkelmeyer | Getty Images for Dropbox Zoom is cutting about 150 …

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Tech’s longtime highfliers are growing up by getting smaller

by Edgar Davis
Tech’s longtime highfliers are growing up by getting smaller

Visitors take photos in front of the Meta sign at its headquarters in Menlo Park, California, December 29, 2022. Tayfun Coskun | Anadolu Agency | Getty Images Technology companies are …

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