The SEC revealed today that it charged VMWare with fraud . . . then settled for next to nothing • TechCrunch

The world of enterprise software is often a little staid. Not today, however. The Securities and Exchange Commission today said it has charged the cloud computing giant VMware for “misleading investors about its order backlog management practices, which enabled the Palo Alto, Ca.-based technology company to push revenue into future quarters by delaying product deliveries…

Cybersecurity firm Fortanix secures capital to provide confidential computing services

Companies (and VCs) spend billions of dollars on cybersecurity, but primarily focus on protecting infrastructure or endpoints. That’s not always the right approach in a world where — thanks to the pandemic — data is increasingly distributed across clouds, software-as-a-service apps, and storage systems. According to one 2021 survey, 61% of security leaders in the…