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F5 reports $747M in quarterly revenue as stock surges 10%; company names new CFO

GeekWire

The Seattle-based application delivery company reported revenue of $747 million, up 6% year-over-year, and GAAP net income of $165 million, up more than 8% year-over-year. Werner, who joined F5 in 2001 and was previously senior vice president of finance, will replace Frank Pelzer , who is retiring.

Report 102
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Absolute Software to buy Seattle-based NetMotion for $340M

GeekWire

The news: Absolute Software , a publicly-traded security software company, agreed to acquire Seattle-based security startup NetMotion for $340 million. Founded in 2001, NetMotion helps employees at more than 3,000 organizations access resources from devices both on premises or remotely in the cloud. million, down 1%.

Software 102
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F5 confirms new round of job cuts, continuing annual pattern of workforce reductions

GeekWire

The workforce reduction amounts to less than 2% of the company’s global workforce, a spokesperson for the Seattle-based application security and delivery company told GeekWire via email. Werner, who joined F5 in 2001 and was previously senior vice president of finance, will replace Frank Pelzer , who is retiring.

Financial 115
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Tech Moves: Expedia board director Skip Battle resigns; Madrona promotions; Vacasa’s new CFO

GeekWire

Its net loss for the first nine months of this year was $2.2 Cybersecurity startup CI Security hired Steve Sedlock as chief revenue officer and promoted Kristoffer Turner to VP of security operations for its Critical Insight Security Program. The company posted revenue of $4.2 billion in 2019. Jamie Cohen. Vacasa Photo).

Groups 87
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IT services company Atos plans IBM-style split

CIO Business Intelligence

The other two business lines are “digital,” which brings together digital transformation and decarbonization services, and “big data and security,” focusing on research-intensive activities in cybersecurity, high-performance and edge computing, and mission-critical systems. Legacy losses. billion ($5.3 billion) in 2022 to a low of €4.1

IBM 98
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Stop using your phone number to log in

Vox

Yet the burden is often on users to protect themselves from a security issue that was created for them by some of their favorite apps. Even things that those services might recommend as an added security measure — like text, SMS, or multi-factor authentication — can actually introduce more vulnerabilities.

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Welcome to the crypto ice age

Vox

Cheese — you’ve kept a bunch of your net worth in Chuck E. It should be regulated like any security that you would buy or sell.” You know, go back to 2001: A lot of the dumb dot-com companies got washed out, but it laid the foundations of fiber optic cables and broadband and e-commerce. If Chuck E. It’s more of a commodity.”

Financial 101