Technology

Technology

Canva, now valued at $3.2 billion, launches an enterprise product – TechCrunch

Canva, now valued at $3.2 billion, launches an enterprise product – TechCrunch

Canva, the Australian-based design tool maker, has today announced that it has raised an additional $10 million to bring its valuation to $3.2 billion, up from $2.5 billion in May. Investors in the company include Mary Meeker’s Bond, General Catalyst, Bessemer Venture Partners, Blackbird and Sequoia China. Alongside the new funding and valuation, Canva is […]

Databricks brings its Delta Lake project to the Linux Foundation – TechCrunch

Databricks brings its Delta Lake project to the Linux Foundation – TechCrunch

Databricks, the big data analytics service founded by the original developers of Apache Spark, today announced that it is bringing its Delta Lake open-source project for building data lakes to the Linux Foundation and under an open governance model. The company announced the launch of Delta Lake earlier this year and even though it’s still […]

Why it might have been time for new leadership at SAP – TechCrunch

Why it might have been time for new leadership at SAP – TechCrunch

SAP CEO Bill McDermott announced he was stepping down last night after a decade at the helm in an announcement that shocked many. It’s always tough to measure the performance of an enterprise leader when he or she leaves. Some people look at stock price over their tenure. Some at culture. Some at the acquisitions […]

SAP’s Bill McDermott on stepping down as CEO – TechCrunch

SAP’s Bill McDermott on stepping down as CEO – TechCrunch

SAP’s CEO Bill McDermott today announced that he wouldn’t seek to renew his contract for the next year and step down immediately after nine years at the helm of the German enterprise giant. Shortly after the announcement, I talked to McDermott, as well as SAP’s new co-CEOs Jennifer Morgan and Christian Klein. During the call, […]

Bill McDermott steps down as SAP’s CEO – TechCrunch

Bill McDermott steps down as SAP’s CEO – TechCrunch

SAP today announced that Bill McDermott, its CEO for the last nine years, is stepping down immediately. The company says he decided not to renew his contract. SAP Executive Board members Jennifer Morgan and Christian Klein have been appointed co-CEOs. McDermott, who started his business career as a deli owner in Amityville, Long Island and […]

Flaw in Cyberoam firewalls exposed corporate networks to hackers – TechCrunch

Flaw in Cyberoam firewalls exposed corporate networks to hackers – TechCrunch

Sophos said it is fixing a vulnerability in its Cyberoam firewall appliances, which a security researcher says can allow an attacker to gain access to a company’s internal network without needing a password. The vulnerability allows an attacker to remotely gain “root” permissions on a vulnerable device, giving them the highest level of access, by […]

Xage now supports hierarchical blockchains for complex implementations – TechCrunch

Xage now supports hierarchical blockchains for complex implementations – TechCrunch

Xage is working with utilities, energy companies and manufacturers to secure their massive systems, and today it announced some significant updates to deal with the scale and complexity of these customers’ requirements including a new hierarchical blockchain. Xage enables customers to set security policy, then enforce that policy on the blockchain. Company CEO Duncan Greatwood […]

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