Akamai Technologies (AKAM) closed the most recent trading day at $105.82, moving -0.4% from the previous trading session. This change lagged the S&P 500's 0.04% loss on the day. On the other hand, the Dow registered a loss of 0.03%, and the technology-centric Nasdaq increased by 0.03%.Shares of the cloud services provider witnessed a loss of 4.29% over the previous month, trailing the performance of the Computer and Technology sector with its gain of 4.26% and the S&P 500's gain of 2.57%.Investors will be e ...

Akamai Technologies (AKAM) closed at $109.33 in the latest trading session, marking a +0.52% move from the prior day. This change outpaced the S&P 500's 0.2% loss on the day. Elsewhere, the Dow lost 0.6%, while the tech-heavy Nasdaq added 0.11%.Prior to today's trading, shares of the cloud services provider had lost 1.34% over the past month. This has lagged the Computer and Technology sector's gain of 2.99% and the S&P 500's gain of 3.32% in that time.The investment community will be closely monitoring the ...

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Commerce is the most targeted sector with 44% of API attacks CAMBRIDGE, Mass., March 19, 2024 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM), the cloud company that powers and protects life online, today released a new State of the Internet (SOTI) report. Lurking in the Shadows: Attack Trends Shine Light on API Threats highlights the array of attacks that are targeting APIs and finds that 29% of overall web attacks targeted APIs from January through December 2023. Commerce is the most attacked ver ...

Akamai Technologies, Inc. (AKAM) teamed up with Neural Magic to develop high powered deep learning AI software tailored for Akamai’s distributed computing infrastructure. Neural Magic is a software developer that expedites and simplifies AI deployment for enterprises. The development of a high-performing platform capable of efficiently running deep learning AI on CPU-based servers is the primary objective of this strategic collaboration.Owing to several complexities associated with integrating AI applicatio ...

Companies announce plan to deploy high-powered deep learning artificial intelligence software at a massive global scale CAMBRIDGE, Mass., March 12, 2024 /PRNewswire/ -- Akamai Technologies (NASDAQ: AKAM), the cloud company that powers and protects life online, and Neural Magic, a developer of software that accelerates artificial intelligence (AI) workloads, today announced a strategic partnership intended to supercharge deep learning capabilities on Akamai's distributed computing infrastructure. The combin ...

Akamai Technologies, Inc. (AKAM) recently announced that Scaleflex has inked a deal to become an integral part of Akamai Qualified Computing Partner Program for improving digital asset management capabilities for online brands. The endeavor is likely to generate greater customer engagement activities and increase the scope of monetization on the platform.Scaleflex is a visual experience platform that specializes in providing solutions for managing and optimizing digital media assets. The company is known fo ...

Partnership Overview - Akamai Technologies partners with Scaleflex to provide an end-to-end digital asset management solution running on Akamai Connected Cloud [1] - The partnership aims to help customers transform billions of visual assets into countless user experiences [1] - Scaleflex is the first visual experience platform to join the Akamai Qualified Computing Partner Program [1] Scaleflex's Capabilities - Scaleflex leverages Akamai Connected Cloud, including cloud computing and content delivery services, to deliver high-performing images and videos globally [2] - Scaleflex's AI-powered digital asset management system is listed in the Forrester Digital Asset Management Landscape, Q4 2023 [2] - The platform assists in resolving issues related to the upload, organization, and optimization of products and brand assets at scale [2] - Scaleflex's MACH-certified technologies (Micro-services, API first, Cloud-based, Headless) are trusted by leading brands in online retail, travel, real estate, and online news [2] Akamai's Role and Program - Akamai's Qualified Computing Partner Program makes solution-based services interoperable with Akamai cloud computing services easily accessible to customers [3] - The program ensures that services provided by technology partners are readily available to deploy and scale across the globally distributed Akamai Connected Cloud [3] - Akamai Connected Cloud is a massively distributed edge and cloud platform that brings apps and experiences closer to users while keeping threats farther away [5] Company Backgrounds - Scaleflex is a B2B SaaS company focused on simplifying the upload, organization, and optimization of brand assets [4] - Akamai powers and protects life online, helping leading companies worldwide build, deliver, and secure their digital experiences [5]

Financial services sector is now the number one target for DDoS attacks RESTON, Va. and CAMBRIDGE, Mass., March 6, 2024 /PRNewswire/ -- FS-ISAC, the member-driven, not-for-profit organization that advances cybersecurity and resilience in the global financial system, and Akamai Technologies, Inc. (NASDAQ: AKAM), the cloud company that powers and protects life online, today released new research on the surge of distributed denial-of-service (DDoS) attacks threatening the financial services sector and its cust ...

Akamai Technologies, Inc. (AKAM) recently announced notable additions to its flagship Akamai App & API (Application Programming Interface) Protector product. The cloud company, trusted to enhance online security, launched advanced protection against sophisticated application-layer distributed denial-of-service (DDoS) attacks.Layer 7 DDoS protections are enhanced to monitor and eliminate short DDoS attack bursts and apply client reputation scores for improved rate limiting. An additional URL Protection is al ...