Wednesday, March 10, 2021

Oracle cloud revenue misses as competition intensifies

Oracle said it expects fourth-quarter revenue to increase between 1% and 3% on a constant currency basis, the midpoint of which implies a revenue of $10.65 billion, according to Reuters calculations. Analysts had expected current-quarter revenue of $10.84 billion, according to IBES data from Refinitiv. https://ift.tt/2PSQN09

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Israeli startup Claroty, which makes security tech for hospitals, manufacturing, and industrial systems, raised a $150M Series F, sources say at a $3B valuation (Meir Orbach/CTech)

Meir Orbach / CTech : Israeli startup Claroty, which makes security tech for hospitals, manufacturing, and industrial systems, raised a $...