Shakeup in the SIEM Industry: IBM Retreats, Splunk Sold, and What’s Next for the Market

Shakeup in the SIEM Industry: IBM Retreats, Splunk Sold, and What’s Next for the Market

As organizations continue to shift towards cloud-based technologies, consolidate their vendors, and face competition from Extended Detection and Response (XDR) solutions, the future of Security Information and Event Management (SIEM) is becoming more uncertain. The evolving landscape of cybersecurity tools and strategies is challenging the traditional role of SIEM in protecting against threats and managing … Read more

In Q1, Billionaire David Tepper Sold Top Tech Stocks and Dives into AI with 3 New Investments

In Q1, Billionaire David Tepper Sold Top Tech Stocks and Dives into AI with 3 New Investments

Renowned investor David Tepper has shown a strong interest in artificial intelligence (AI) as all of his top 10 holdings have close connections to AI. However, in the first quarter, Tepper sold shares of Amazon, Alphabet, Microsoft, Meta Platforms, and NVIDIA. He instead opted to buy more shares of Alibaba Group Holding, Oracle, and PDD … Read more

VMware Cloud on AWS now sold exclusively by Broadcom | TechTarget

VMware Cloud on AWS now sold exclusively by Broadcom | TechTarget

Broadcom is now the sole seller of VMware Cloud on AWS after it eliminated sales of the service through AWS or third-party channel partners. Hock Tan, Broadcom president and CEO, confirmed the change in a May 6 blog post. He said the move continues Broadcom’s goal to collapse VMware offerings and features into a handful … Read more

VMware, Inc. (NYSE:VMW) Shares Sold by DnB Asset Management AS

VMware, Inc. (NYSE:VMW) Shares Sold by DnB Asset Management AS

DnB Asset Management AS lowered its stake in shares of VMware, Inc. (NYSE:VMW – Free Report) by 97.8% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 11,074 shares of the virtualization software provider’s stock after selling 486,050 shares during the … Read more

VMware, Inc. (NYSE:VMW) Shares Sold by Migdal Insurance & Financial Holdings Ltd.

VMware, Inc. (NYSE:VMW) Shares Sold by Migdal Insurance & Financial Holdings Ltd.

Migdal Insurance & Financial Holdings Ltd. cut its holdings in VMware, Inc. (NYSE:VMW – Free Report) by 63.8% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 2,338 shares of the virtualization software provider’s stock after selling 4,124 shares during the period. Migdal Insurance & Financial Holdings … Read more