IT, AI & Telecommunications

RALEIGH – – October 29, 2026 -- Bandwidth Inc. (NASDAQ: BAND) has elected Chip Schroeder, a former Silver Lake managing director, to its board of directors. The appointment, effective Oct. 28, 2026, expands the board to six members, four of whom are independent.

Schroeder spent more than a decade at Silver Lake advising portfolio leadership teams

Schroeder worked in Silver Lake's Menlo Park and New York offices and rose to managing director. He advised portfolio company leaders on strategic growth, capital allocation and long-term value creation.

His investment and board experience covers large technology and technology-enabled businesses in digital infrastructure, fintech, software and entertainment. At Silver Lake he sat on the boards of Blackhawk Network, Cast & Crew, Clubessential Holdings, Oak View Group and Shadowbox Studios, among others.

CHICAGO – October 29, 2026 -- Keeper Security released version 18.1 of its iOS app, rebuilding the vault interface on Apple's Liquid Glass design system and adding support for Apple's dual-screen iPhone Duo.

The company calls the update one of the most significant UI overhauls in its history. "Friction is the enemy of enterprise security," said Craig Lurey, CTO and co-founder, who added that the redesign keeps zero-knowledge encryption intact.

iPhone Duo support opens the vault into a side-by-side view

When the device is open, the vault expands so users can navigate folders and view detailed record entries at the same time. The app returns to a single-screen layout when the device is closed.

Liquid Glass redesign moves search, Security Audit and two-factor codes to a bottom toolbar

Account settings now sit in a central avatar menu. A new floating action button and a swipeable product tour are also included.

Santa Clara – October 29, 2026 -- Online scam detections roughly doubled from 3.2 million to 6.4 million over the past year and surpassed traditional phishing in volume for the first time, according to Bolster AI threat intelligence featured in Akamai's 2026 State of the Internet: Fraud and Abuse Report.

Scams pass phishing in Q1 2026 as attackers pursue direct payment

Bolster AI drew on data collected between July 2025 and June 2026. Scams overtook phishing in Q1 2026, driven by counterfeit storefronts, investment scams and payment fraud. Attackers are moving from credential theft toward taking money directly from consumers.

Phishing is not shrinking. Phishing detections grew 61% by Q2 2026, so criminals are adding tactics rather than replacing old ones.

Raleigh – October 29, 2026 -- Bandwidth Inc. (NASDAQ: BAND) reported record third-quarter revenue of $234 million, up 22% year-over-year, while Adjusted EBITDA rose 43% to $35 million, an Adjusted EBITDA margin of 22%.

The cloud communications provider also guided to double-digit Cloud Communications revenue growth in 2027, driven by rising demand for voice usage. The figures cover the quarter ended September 30, 2026.

Usage growth and four $1M+ deals drive record results

CFO Daryl Raiford said growth came from customers expanding their use of the platform. The sales team added four new customer wins and expansions worth $1 million or more, which will layer into results over the next twelve months. He also cited record free cash flow, though the release gives no figure for it.

CHICAGO – October 29, 2026 -- RedMane Technology LLC has launched the Child Care Assistance Program statewide on South Dakota's Benefits Eligibility and Enrollment System (BEES), adding a second major benefit program to the platform operated by the state Department of Social Services (DSS).

Phased rollout ends with full public launch

The implementation was delivered in phases and ended with the public launch of the full Child Care Assistance functionality. The new capabilities are fully integrated into the cloud-based BEES platform, which lets DSS consolidate eligibility and benefit administration in a single system.

PHILADELPHIA – October 29, 2026 -- Clone Systems, Inc. has rebuilt its Managed SOC + SIEM as a 24/7 managed detection and response (MDR) service priced per endpoint, with the SIEM included and no log-ingestion fees. The service runs on the company's own private, self-hosted AI. Customer logs are never sent to an outside AI provider or used to train public models.

The pricing model targets a cost problem for buyers. Auditors, cyber insurers and boards increasingly demand proof of continuous monitoring, and PCI DSS v4.0.1 has required automated review of audit logs under Requirement 10 since March 31, 2025. Clone Systems says many organizations told to "get MDR" find the SIEM, log ingestion and AI features priced separately. Others find that AI-assisted triage means sending sensitive logs to a third-party model.

AUSTIN – October 29, 2026 -- Oracle set a fiscal 2030 target of $225 billion or more in total revenue, a compound annual growth rate above 35% from FY26, and committed to limiting new capital market funding to $20 billion through FY30. Co-CEOs Clay Magouryk and Mike Sicilia and CFO Hilary Maxson presented the updated medium-term guidance at the company's Investor Day in Las Vegas.

Oracle targets 40% non-GAAP operating margin and $21 EPS in FY30

Beyond the revenue goal, Oracle guided to a non-GAAP operating margin of 40% or higher and non-GAAP earnings per share of $21 or more in FY30. The company said each of its three business models, cloud infrastructure, database and applications, is expected to generate strong profitability and free cash flow.

Southfield – October 29, 2026 -- 123NET, a Michigan-based fiber, colocation and voice provider, has been awarded approximately $86 million through the federal Broadband Equity, Access and Deployment (BEAD) program to build fiber across underserved Michigan communities.

BEAD money covers 17,000 addresses within a 49,300-address buildout

The funding will deliver fiber connectivity to 17,000 BEAD-funded addresses. These form part of a total network expansion reaching 49,300 addresses. 123NET worked with municipalities and community partners to apply and is coordinating with the Michigan High-Speed Internet Office (MIHI). The National Telecommunications and Information Administration and MIHI administer the program.

Las Vegas – October 29, 2026 -- More than 70% of Oracle's code is now written by AI, CEO Clay Magouyrk told attendees on Day 2 of Oracle AI World 2026, as the company paired the disclosure with security, chip and application announcements.

Oracle cuts support resolution from 3.5 hours to 16 minutes

Magouyrk presented internal results before announcing any product. Support requests that once took 3.5 hours now resolve in 16 minutes. Product ideas that previously took nine months to reach customers now take six weeks. Vulnerabilities are found and fixed ten times faster than six months ago.

St. Louis – October 29, 2026 -- 9Line, a St. Louis emergency communications company, launched 9Line Pinpoint, a service that detects the location of 911 calls placed from cellphones inside a geofenced property and alerts on-site security teams within seconds.

The product targets a coverage gap. More than 80 percent of 911 calls now come from wireless devices, according to NENA: The 9-1-1 Association. Landlines and connected campus phone systems can already alert on-site staff, but cellphone calls have remained a blind spot.