Maria Deutscher
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Amazon leads $575M round into UK food delivery startup Deliveroo
Three months after backing a half-billion-dollar round into autonomous driving firm Aurora Innovation Inc., Amazon.com Inc. has made another major startup investment. British food delivery unicorn Deliveroo Ltd. today announced that it has raised $575 million from a consortium led by the online retail giant. The other participants included Fidelity Management and Research, Greenoaks Capital ...
HPE acquires storied supercomputer maker Cray for $1.3B
Hewlett Packard Enterprise Co. today announced that it has inked a $1.3 billion deal to acquire Cray Inc., a move poised to catapult the company to the forefront of the growing supercomputing market. The $1.3 billion price tag breaks down to $35 per share, a 17% premium to Cray’s Thursday closing price. The deal is HPE’s ...
Report: Samsung has solved Galaxy Fold screen issues, plans June launch
Samsung Electronics Co. Ltd.’s troubled Galaxy Fold may be back on track to hit the market after technical issues caused the company to delay its launch indefinitely. CNBC, citing South Korean news agency Yonhap, reported today that Samsung will begin selling the foldable handset next month. It’s unclear whether the Galaxy Fold is set to become available ...
Advancing M&A plans, SugarCRM buys marketing automation startup Salesfusion
SugarCRM Inc. today announced that it’s expanding its market reach with the acquisition of Salesfusion Inc., a marketing automation startup backed by more than $32 million in funding. The terms of the deal were not disclosed. It comes two months after SugarCRM picked up another startup, Singapore’s Collabspot Pte Ltd., that developed a tool for ...
Microsoft open-sources one of the core algorithms powering Bing
Microsoft Corp. today open-sourced one of the cornerstone algorithms powering its Bing search engine in an effort to help developers build faster, more easily navigable applications. The Space Partition Tree And Graph algorithm, or SPTAG for short, is available under the permissive MIT License. Microsoft has bundled it into a library that includes tools to help ...
Data orchestration startup Tealium raises $55M at reported $850M valuation
Companies interact with their customers through a growing number of digital channels, with each interaction providing new data about user preferences and habits. But making full use of all this information is challenging because of the massive volume of records generated. Tealium Inc., a San Diego-based startup working to simplify the process, today announced ...
VMware snaps up Bitnami to broaden its multicloud strategy
VMware Inc.’s latest acquisition is Bitnami Inc., a prominent name in the developer ecosystem that provides ready-to-use versions of popular open-source applications. The terms of the deal, which was announced this morning, were not disclosed. San Francisco-based Bitnami is profitable and has raised just $1.1 million in outside funding from a group of investors that ...
Targeting next-gen VR headsets, Arm debuts Mali-D77 display processor
Arm Holdings Ltd. today pulled back the curtains on the Mali-D77, a specialized chip for virtual reality headsets that promises to boost the performance and graphic fidelity of immersive applications. The Mali-D77 is what’s known as a display processor. It takes over some of the heavy lifting involved in overlaying visuals onto a VR headset’s lens ...
Researchers discover new security flaws in most Intel processors released since 2011
Microsoft Corp., Apple Inc. and other tech companies are rolling out security updates for their products to neutralize four newly disclosed vulnerabilities in Intel Corp. chips. The flaws, which were made public today, affect the vast majority of the processors that the company has released since 2011. The exception is a handful of models that launched last month. According ...
Newly revealed WhatsApp exploit allowed attackers to infect users with spyware
A newly discovered vulnerability in WhatsApp has enabled attackers to use the Facebook Inc.-owned messaging service to spread spyware. The social network said today that it had first become aware of the so-called zero-day exploit earlier this month and issued a server-side fix within 10 days of the discovery. Facebook also rolled out an update ...