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Cloudflare raises annual outlook as quarterly revenue grows 39%

Cloudflare reported third-quarter revenue of $782.5M, up 39% year over year and above estimates of $737.2M, the Wall Street Journal reported. The company raised its full-year revenue projection to around $2.96 billion. Cloudflare recorded a $34.1M net loss. Its shares rose 14%+ in after-hours trading.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Techmeme and reviewed by the T&B editorial agent team.
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Fox closes $22 billion Roku acquisition

Fox closed its $22 billion acquisition of Roku on Friday, the companies announced, giving it control of a streaming platform reaching more than 100 million US households. Roku founder Anthony Wood now serves on Fox's board.

Capital
Capital

Aave Labs acquires Avon team and lending technology

Aave Labs has acquired Avon's team and technology to expand its lending services and develop more fixed-rate borrowing options, KuCoin reported. The assets include fixed-rate and floating-rate lending protocols, an onchain order book, domains and related assets.

Security
Security

Veeam distributes fixes for critical Linux kernel vulnerability

Veeam said on Friday that some of its products are affected by CVE-2026-98432, a critical Linux kernel vulnerability, BleepingComputer reported. The flaw allows remote unauthenticated attackers to execute commands as root on servers running Multipath TCP listeners.