Security, Markets, Wall Street, Splunk, Alphabet, Chronicle, X, Google X, Cybersecurity, SPLK

An Alphabet spinout announced its first new cybersecurity product, and competitor Splunk’s stock fell 5% (SPLK)

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Elijah Nouvelage/Reuters On Monday, Chronicle — a subsidiary of Google parent company Alphabet — announced a cybersecurity product called Backstory. Splunk, which offers a similar product, saw its stock down 5% at the time of close on Monday. Last week, Splunk beat Wall Street’s expectations for its quarterly earnings. Chronicle began its life at the Google X […]

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