Tag: TC
Alphabet earnings show Google Cloud on $10B run rate
Today after the bell, Alphabet reported its fourth-quarter and full-year financial results. The company’s revenue grew from $39.3 billion in 2018 to $46.1 billion in 2019. The firm’s net income also expanded from $8.9 billion to $10.7 billion over the same time frame. The figures, when compared to expectations, were…
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HPE acquires cloud native security startup Scytale
HPE announced today that it has acquired Scytale, a cloud native security startup that is built on the open source Secure Production Identity Framework for Everyone (SPIFFE) protocol. The companies did not share the acquisition price. Specifically, Scytale looks at application-to-application identity and access management, something that is increasingly important…
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NASA sets 2022 launch for air quality sensor that will provide hourly updates across North American
NASA is sending a payload that could help improve air quality forecasting to orbit aboard a Maxar 1300-class satellite whose primary mission is to provide commercial satellite communications for Intelsat customers, the agency announced today. NASA’s new air quality measurement tool is called ‘TEMPO,’ which stands for Tropospheric Emissions: Monitoring…
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Remitly launches Passbook, a neobank aimed at immigrants, to expand beyond money transfers
Last summer, the Seattle-based startup Remitly closed a $135 million round to go beyond money-transfer services into a wider range of financial products catering to its primarily-immigrant customer base. Today, it’s taking the wraps off a new product that puts paid to that plan: it’s launching Passbook, a new bank…
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Why this VC thinks we’re heading for a cloud slowdown
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Today we’re talking to Alex Niehenke, a venture capitalist with Scale Venture Partners, who has an interesting argument to make: The SaaS and cloud market is maturing, and incumbents are…
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Max Q: SpaceX’s Starlink constellation grows again
Max Q is a new weekly newsletter all about space. Sign up here to receive it weekly on Sundays in your inbox. This week was the busiest yet for space-related news in 2020, thanks in part to the 23rd Annual FAA Commercial Space Transportation Conference that happened last week. The…
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