Maria Deutscher
Latest from Maria Deutscher
Slack files to go public via direct listing, revealing finances for the first time
After months of leaks and speculation, Slack Technologies Inc. today officially filed to go public. The team chat provider plans to start trading on the New York Stock Exchange under the ticker symbol “SK.” Slack won’t pursue an initial public offering but will instead sell shares through a direct listing, an unconventional approach that can ...
Coursera raises $103M round at reported unicorn valuation
Coursera Inc., a leading player in the competitive online education market, has secured a fresh $103 million round of funding to expand its learning platform. The startup announced the investment this morning, roughly two years after its previous $64 million raise. Coursera said the total number of people who have taken lessons on its platform jumped from ...
Canada accuses Facebook of breaking privacy laws as Irish regulators open probe
Adding to the pressure on Facebook Inc., Canada’s federal privacy watchdog said today that it plans to take the social network to court over the 2018 Cambridge Analytica scandal. Cambridge Analytica, a now-defunct political consulting firm, abused Facebook’s lax data policies to collect information on as many as 87 million users. Among the affected were ...
Alphabet’s Loon raises $125M from SoftBank subsidiary
Alphabet Inc.’s Loon LLC unit announced on Wednesday night that it has raised $125 million from SoftBank Group Corp. to support its plans for a stratospheric internet network. The Japanese carrier is making the investment through HAPSMobile, an aerospace venture in which it owns a 90 percent stake. SoftBank launched the group in 2017 as ...
Docker and Arm team up to bring containers to more platforms
Software containers enable enterprises to build applications that can run on many different types of infrastructure. In practice, though, most deployments run on hardware powered by Intel Corp. silicon because the chipmaker has a dominant share of the server market. In a bid to foster the use of containers across other platforms, Docker Inc. today struck a ...
MongoDB to acquire mobile database startup Realm for $39M
MongoDB Inc. today announced that it’s acquiring Realm, the startup behind the widely used mobile database of the same name, for $39 million. MongoDB is no stranger to the mobile market. The company jumped in last fall by launching a version of its flagship document database that can run on iOS and Android handsets, as well ...
Seeking new growth, Samsung pledges to invest $116B in processors through 2030
Samsung Electronics Co. Ltd. is the world’s largest producer of memory chips. This morning, the company announced an ambitious investment plan aimed at making it the leader in the processor market as well. Samsung intends to invest 133 trillion Korean won, or $116 billion, through 2030 to expand its processor business. That breaks down to an ...
Salesforce debuts new AI features to help salespeople find key data faster
According to one of Salesforce.com’s latest market studies, enterprise sales professionals spend only about a third of their time interacting with prospects. The rest of their work day mostly consists of administrative tasks such as gathering lead data, time that the cloud giant is working to free up. Salesforce today released new features for its flagship ...
Alphabet’s Wing gets FAA approval to begin US drone deliveries
Wing Aviation LLC, Alphabet Inc.’s drone delivery subsidiary, today announced that it has received regulatory authorization to make commercial flights in the United States. Securing the approval required the group to get certified as an air carrier by the U.S. Federal Aviation Administration. As part of the process, Wing developed safety procedures, created training materials and ...
Intel refreshes consumer portfolio with 40 new laptop, desktop chips
Following up the enterprise-grade laptop chips it introduced earlier this month, Intel Corp. today launched no fewer than 40 new central processing units aimed at consumer machines. The CPUs are all based on the 14-nanometer manufacturing process that the company has used for its last few product generations. The main highlight is a set of ...