DAVENPORT & Co LLC Sells 1,310 Shares of Unity Software Inc.  (NYSE:U)

DAVENPORT & Co LLC Sells 1,310 Shares of Unity Software Inc. (NYSE:U)

DAVENPORT & Co LLC trimmed its stake in Unity Software Inc. (NYSE:U – Free Report) by 6.6% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investors owned 18,502 shares of the company’s stock after selling 1,310 shares during the period. DAVENPORT & Co LLC’s holdings in Unity Software were worth $600,000 at the end of the most recent quarter. Other large investors have also recently made changes to their positions in the company. BI Asset Management Fondsmaeglerselskab AS bought a new position in shares of Unity Software…

Microsoft Announces New Cybersecurity Products, but Are Small Security Software Stocks Really in Trouble?

Microsoft Announces New Cybersecurity Products, but Are Small Security Software Stocks Really in Trouble?

Cybersecurity is a secular growth trend. With the world going digital, protecting data and systems is more important than ever before. Estimates point toward global cybersecurity software spending increasing at an average high-single-digit-percentage pace over the next five years, approaching or exceeding $300 billion a year. Mighty Microsoft (MSFT -0.56%) is already the largest cybersecurity company around as measured by revenue, and it has its sights set on gobbling up more of this fast-growing market. It recently announced new cloud-based security products that seem likely to threaten top cloud security pure-play names like Palo Alto Networks (PANW -0.70%), CrowdStrike Holdings…

ZF Friedrichshafen wins Lotus deal with CubiX software

ZF Friedrichshafen wins Lotus deal with CubiX software

ZF Friedrichshafen has won a contract from Lotus to supply its CubiX software to help the sports car maker tune chassis functions on the Eletre electric SUV. CubiX is one of the German supplier’s growing range of software-related offerings to automakers as it looks to diversify away from its reliance on traditional hardware components and tap into the trend of providing digital features that bring new life to hardware. CubiX controls the Eletre’s brakes, front- and rear-axle steering, active roll stabilizers and electric drive, allowing Lotus to tune the feel of the car and provide different settings for drivers. For…

AI firm Palantir picks UK as Europe HQ

AI firm Palantir picks UK as Europe HQ

Palantir has chosen the UK as its new European headquarters for AI development. Photo: STRF/STAR MAX/IPx US tech firm Palantir (PLTR) (0A7R.L) has chosen the UK as its new European headquarters for AI development, as fintech company CAB also eyes a London listing. The British government said that Palantir’s move showed the strength of the UK’s expertise, and follows plans for the UK to host a major summit on the risk posed by AI. It is pushing for London to become the location for a new global AI regulator, modeled on the International Atomic Energy Agency. “London is a magnet…

The RISE project gives RISC-V an open-source software lift: embedded

The RISE project gives RISC-V an open-source software lift: embedded

Hardware needs software and it needs a good ecosystem to help proliferate deployment and serve different applications. To address this, the Linux Foundation Europe has launched a new global collaborative effort to accelerate the availability of software for high-performance and power-efficient RISC-V cores running high-level operating systems for a variety of market segments. Called the RISC-V Software Ecosystem (RISE) project, it brings together key players in the ecosystem with a governing board that includes Andes, Google, Intel, Imagination Technologies, MediaTek, Nvidia, Qualcomm Technologies, Red Hat, Rivos, Samsung, SiFive , T-Head, and Ventana. The chair of the RISE Project, Amber Huffman,…

Multibagger Stock Locked in 20% UC for 2nd Straight Day, Up 44% in 2 Sessions

Multibagger Stock Locked in 20% UC for 2nd Straight Day, Up 44% in 2 Sessions

By Malvika Gurung Investing.com — Shares of Nucleus Software Exports (NS:) hit a new 52-week high and were locked in a 20% upper circuit for the second consecutive session on Monday at Rs 971.15 apiece. The Street’s optimism about the banking software services provider’s stellar earnings performance in the March quarter continued for the second straight session on May 29, 2023. In two trading days, Nucleus Software Exports’ shares have rallied 44%. The small-cap stock is on an upward trend and has surged for the seventh straight trading day on Monday, jumping 56% during the period. Nucleus Software Exports’ stock…

Taiwan says software problems delaying new F-16 deliveries By Reuters

Taiwan says software problems delaying new F-16 deliveries By Reuters

© Reuters. FILE PHOTO: 12 F-16V fighter jets performing an elephant walk during an annual New Year’s drill in Chiayi, Taiwan, January 5, 2022. REUTERS/Ann Wang TAIPEI (Reuters) – Software problems are delaying the delivery to Taiwan of 66 advanced new F-16V fighter jets from the United States but the island still expects the full order to arrive by 2026, Defense Minister Chiu Kuo-cheng said on Thursday. The United States in 2019 approved an $8 billion sale of Lockheed Martin Corp (NYSE:) F-16 fighter jets to Taiwan, a deal that would take the island’s F-16 fleet to more than 200…

Eeva wants to replace your washer and dryer

Eeva wants to replace your washer and dryer

I think we can all agree that doing laundry is one of the more miserable necessities of life. There isn’t much you can do to make the experience much better than it currently is. Startup Paradigm Evergreen isn’t as pessimistic as I am, and they want you to replace your washer and dryer with Eeva. Estimated reading time: 2 minutes Eeva is being touched as an eco-friendly and revolutionary 2-in-1 laundry solution that can be used anywhere. Its unique design is compact and ergonomic and requires no plumbing or active water lines. The company sees Eeva as a hamper, washer…