Source: https://www.techmeme.com/river

Torq, a cybersecurity vendor, has experienced significant success in automating security workflows using AI. The company's annual recurring revenue has surpassed $24 million, with a customer base that includes Procter & Gamble, Chipotle, PepsiCo, and Wiz. According to a 2023 survey, 80% of security leaders expect to invest more in security automation technology this year, citing its potential to support cyber threat mitigation. The market for security automation is projected to be worth $26.6 billion by 2032.

Source: https://www.techmeme.com/river

Roku has announced its latest streaming player, the 2024 Ultra, which is 30% faster than its other players and features Wi-Fi 6 connectivity. The device is priced at $99.99 and still delivers Dolby Vision and Atmos. It also has a built-in ethernet jack and is a HDMI 2.1 streaming player.

Source: https://www.techmeme.com/river

Blackstone and Vista Equity Partners will acquire Smartsheet, a collaboration software maker, in an all-cash deal valuing the company at $8.4 billion. Stockholders will receive $56.50 per share, a 41% premium to Smartsheet's average closing price over the last three months. The company went public in 2018 and sought to compete with other software companies like Atlassian.

Source: https://www.techmeme.com/river

Google Updates Photos App with New Video Editing Tools and AI-Powered Presets

Source: https://www.techmeme.com/river

Warner Bros. Discovery is partnering with Google to integrate Google's AI technology into its Max video streaming platform to automatically generate captions. The new caption-generation tool, built on Google's Vertex AI development platform, can automatically convert video content into text, reducing costs by up to 50% and caption creation time by up to 80%. The technology will initially be used for unscripted programming on Max.

Source: https://www.techmeme.com/river

GitHub will allow enterprise cloud customers to store their private repositories in their own clouds, starting from October 29. The company will allow customers to select an EU region to store their code, with Microsoft's Azure cloud regions across the bloc being used. This move aims to meet regulatory requirements and customer expectations around data protection, particularly in industries such as public sector, finance, and healthcare.

Source: https://www.techmeme.com/river

Unfortunately, the article does not provide any critical information, such as organizations, persons, products, numbers, time, and locations, as it only contains a generic error message.

Source: https://www.techmeme.com/river

Google is integrating Gemini AI into its Workspace productivity suite, making it a standard feature for Business, Enterprise, and Frontline plans starting in Q4. The standalone Gemini app will be replaced, and Workspace Administrators will be able to manage generated responses and user prompts. Gemini AI will not use organization data to train its model, and will be subject to the same enterprise terms as other core Workspace services.

Source: https://www.techmeme.com/river

WP Engine sent a cease-and-desist letter to Automattic after CEO Matt Mullenweg called WP Engine a 'cancer to WordPress'. The letter demands Automattic and Mullenweg retract their comments and stop making false and disparaging statements against WP Engine. WP Engine accused Mullenweg of threatening them before the WordCamp summit.

Source: https://www.techmeme.com/river