DeepSource announce $2.6M seed round to automate static code analysis – TechCrunch

[ad_1] DeepSource, a member of the Winter 2020 Y Combinator cohort, announced a $2.6 million seed investment today. The company is building a solution to help developers automate static code analysis to find certain errors before going through human code review. 645 Ventures led the round with help from Y Combinator, FundersClub, Pioneer Fund, Liquid…

Gauging growth in the most challenging environment in decades – TechCrunch

[ad_1] Michael Whitmire, CPA Contributor Michael Whitmire, CPA, is co-founder and chief executive officer at Los Angeles-based FloQast, Inc., a developer of accounting close management software. Traditionally, measuring business success requires a greater understanding of your company’s go-to-market lifecycle, how customers engage with your product and the macro-dynamics of your market. But in the most…

Machine-learning clusters in Azure hijacked to mine cryptocurrency

[ad_1] Attackers recently hijacked powerful machine-learning clusters inside Microsoft’s Azure cloud-computing service so that they could mine cryptocurrency at the expense of the customers who rented them, the company said Wednesday. The nodes, which were misconfigured by customers, made the perfect target for so-called cryptojacking schemes. Machine-learning tasks typically require vast amounts of computing resources.…

API platform Postman delivers $150M Series C on $2B valuation – TechCrunch

[ad_1] APIs provide a way to build connections to a set of disparate applications and data sources, and can help simplify a lot of the complex integration issues companies face. Postman has built an enterprise API platform and today it got rewarded with a $150 million Series C investment on a whopping $2 billion valuation…

IBM Cloud suffers prolonged outage – TechCrunch

[ad_1] The IBM Cloud is currently suffering a major outage, and with that, multiple services that are hosted on the platform are also down, including everybody’s favorite tech news aggregator, Techmeme. It looks like the problems started around 2:30pm PT and spread from there. Best we can tell, this is a worldwide problem and involves…

New Harness product lets engineering teams monitor cloud spending in real time – TechCrunch

[ad_1] One of the big advantages of using the cloud is ease of deployment. For engineers, being able to dial up infrastructure resources means being able to develop without delays, but it can also lead to big bills at the end of the month if you don’t know what you’re spending. Harness wants to help…

Tibet to become China’s data gateway to South Asia – TechCrunch

[ad_1] A sprawling 645,000-square-meter data facility is going up on the top of the world to power data exchange between China and its neighboring countries in South Asia. The cloud computing and data center, perched on the plateau city Lhasa, the capital of Tibet, and developed by private tech firm Ningsuan Technologies, has entered pilot…

The accelerating digital transformation, redux – TechCrunch

[ad_1] Earlier this week, covered a grip of earnings reports showing that some companies helping other businesses move to modern software solutions are seeing accelerated growth. Inside the Software as a Service (SaaS) world, this is known as the digital transformation. Based on how many software companies are talking about it, the pace of change…

IBM confirms layoffs are happening, but won’t provide details – TechCrunch

[ad_1] IBM confirmed reports from over night that it is conducting layoffs, but wouldn’t provide details related to location, departments or number of employees involved. The company framed it in terms of replacing people with more needed skills as it tries to regroup under new CEO Arvind Krishna. “IBM’s work in a highly competitive marketplace…

Join Box CEO Aaron Levie May 28th at noon PT/3 pm ET/7 pm GMT – TechCrunch

[ad_1] We’ve been on a roll with our Extra Crunch Live Series for Extra Crunch members, where we’re talking to some of the biggest names in Silicon Valley about business, investment and the startup community. Recent interviews include Kirsten Green from Forerunner Ventures, Charles Hudson from Precursor Ventures and investor Mark Cuban. Next week, we’re…