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Jan. 12, 2021 7:13 pm ET Centricity Inc., a startup that uses artificial intelligence to help companies predict consumer demand for specific products in particular communities, is expected to raise $10 million in new venture-capital money this year. The New York City-based company, one of many enterprise technology startups that have gained traction during the pandemic, uses AI algorithms to analyze some 2.5 billion data points’ worth of internet traffic a day to predict demand for products so that retailers can stock their shelves accordingly. About 10 undisclosed companies in E...

Palantir went public in September in a direct listing. Michael Nagle/Bloomberg Palantir Technologies has had an impressive early run in the public markets, direct-listing on the New York Stock Exchange in late September at $10 a share and rallying as high as $33.50 before recently settling into the mid-to-high $20s. But at least one analyst thinks the stock is heading for a far tougher year in 2021. Citigroup’s Tyler Radke on Wednesday cut his rating on Palantir (ticker: PLTR) to Sell from Neutral, while lifting his price target to $15 from $10. He thinks that after the h...

Jan. 12, 2021 10:59 pm ET A breach at email security provider Mimecast Inc. underscores that Russia-linked hackers appear to have targeted victims along multiple avenues of attack in what is shaping up to be one of the most successful cyber campaigns of U.S. government and corporate systems. The attack potentially adds thousands of victims to the yearslong intelligence operation and likely aimed at gaining access to email systems, security experts say. Mimecast, in a Tuesday blog post, said the hackers were able to obtain a digital certificate used by the company to access its custom...

IBM Simplifies Structure of Sales Team Company wants to make it easier for customers to do business by reducing the number of groups it puts clients into to two from 50 The changes are part of a broader effort under CEO Arvind Krishna to boost growth. Photo: Andy Davis/ProductionManager for The Wall Street Journal By International Business Machines Corp. said it is restructuring its sales organization, streamlining how it classifies customers. The new sales structure—which cuts the number of customer groups to two from 50—is designed to make it eas...