Backblaze public offering raises investor concerns as shares drop 8.2%

Pallavi Madhiraju- November 21, 2024 0

Backblaze, Inc., a leading provider of modern cloud storage solutions, has unveiled plans for a follow-on public offering, aiming to raise $30 million by issuing ... Read More

Dropbox slashes 528 jobs—company bets big on AI as cloud storage future shifts

Pallavi Madhiraju- November 8, 2024 0

In a sweeping change aimed at reshaping its operational focus, Dropbox has announced that it will lay off 20% of its workforce, impacting 528 employees ... Read More

Wasabi Technologies acquires Curio AI to revolutionize media storage with AI-powered solutions

Pallavi Madhiraju- January 24, 2024 0

In a significant move poised to transform the landscape of media storage, Wasabi Technologies, a leader in hot cloud storage solutions, has announced its strategic ... Read More

NetApp, Microsoft renew collaboration to enhance cloud storage solutions for Azure users

Pallavi Madhiraju- November 12, 2023 0

In a significant advancement in the cloud storage domain, NetApp (NASDAQ: NTAP), a leading cloud-led, data-centric software company, today announced the renewal of its collaboration ... Read More