Palo Alto forecasts current-quarter profit below estimates, shares fall

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Palo Alto forecasts current-quarter profit below estimates, shares fall

(Reuters) – Palo Alto Networks Inc forecast second-quarter profit well below Wall Street expectations on Monday, as the cyber security firm grapples with higher costs and rising competition, sending its shares down about 8% in extended trading. The company …
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The ACLU wants details about videos of Boston Dynamics robot in police exercises

Back in April at our robotics event at UC Berkeley, Boston Dynamics head Marc Raibert showed off video of the company’s Spot robot in a number of different real world scenarios. Some, like construction and first responders, were familiar to anyone who has …
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Amazon Translate gains 22 languages and 6 server regions

Early December marks the kickoff of Amazon’s AWS re:Invent conference in Las Vegas, and ahead of the festivities the tech giant has unveiled a slew of product enhancements. To this end, Amazon Translate, the company’s cloud machine translation service …
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Allbirds tells Amazon it forgot to steal the most important part of its shoe

Allbirds co-CEO Joey Zwillinger has waded further into the ongoing debate over Amazon’s propensity for cloning popular products, penning a short Medium post slamming the company’s copycat behavior and offering to help the e-commerce giant make its …
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Jim Chanos on Tesla: 'We are still bears'

A rumor that famed short seller Jim Chanos of Kynikos Associates has covered his shorts on Tesla Inc. is greatly exaggerated. It is, in fact, plain wrong. In an hour-long interview aired Thursday with folks at Hedgeye Risk Management (here’s the webcast), …
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