Maria Deutscher
Latest from Maria Deutscher
Looking to 2019 tech IPOs, fintech startup Carta raises $80M at $800M valuation
Carta Inc., a financial technology startup that helps fellow tech companies manage their equity programs, today announced that it has secured $80 million in funding at a $800 million valuation. The Series D round doubles the valuation that Carta received after its previous raise last year. Meritech Capital and Tribe Capital jointly led the investment, ...
Amid trade tensions, Apple reportedly will make top-end iPhones in India
Apple Inc. will reportedly start manufacturing some of its top-end iPhones in India, a move that could better insulate its supply chain against the trade dispute between the United States and China. Three sources cited by Reuters today said the company has tapped Foxconn for the project. Foxconn, formally known as Hon Hai Precision Industry ...
Amazon’s shares jump 6 percent after record-breaking holiday sales
Amazon.com Inc.’s share price jumped more than 6 percent today against the backdrop of a broader rebound in stocks after it reported record-breaking holiday sales. Not that it’s much of a surprise anymore, but the company said that customers ordered more items during the festive season than any other year, with its homegrown smart home products seeing a ...
IBM develops miniature fingernail sensor for monitoring patient health
Researchers at IBM Corp. have developed a miniature sensor that can glean insights into people’s health from their fingernails. The project, which the company announced today, could add momentum to growing adoption of wearable technology in the healthcare field. Apple Inc. also moved to address this burgeoning opportunity recently by adding an electrocardiogram function to ...
Continuing acquisition streak, Autodesk to buy BuildingConnected for $275M
In the four decades since its initial release, Autodesk Inc.’s AutoCAD has established itself as go-to industrial design platform for key sectors such as manufacturing, electrical engineering and construction. The latter market is becoming a particular focus for the company as it seeks to create new sources of revenue growth. Autodesk today announced that it has ...
Qualcomm wins injunction banning Apple from selling some iPhones in Germany
Qualcomm Inc. has racked up another victory in its cross-border legal dispute with Apple Inc. over intellectual property licensing fees. A German court today issued an injunction prohibiting the sale of the iPhone 7 and 8 in the country. The justification for the ruling is that the two models were found to violate Qualcomm patents ...
Nine months after fatal accident, Uber returns its self-driving cars to public roads
Uber Technologies Inc. today resumed self-driving car tests on public roads in North America, albeit on a limited basis, nine months after a fatal accident led it to suspend trials. An autonomous vehicle belonging to the company struck and killed an Arizona woman in March because of a software issue. A subsequent investigation found that ...
Microsoft to release a native desktop virtualization service for Windows 10
Microsoft Corp. will introduce a native virtualization service for Windows 10 as part of an upcoming operating system release slated to arrive next year. The technology, which the company detailed today, is set to ship under the name Sandbox. It will enable users to safely open unknown or suspicious applications in a virtual environment isolated ...
With billionaire backing, Alphabet’s latest spinoff tackles energy storage
Alphabet Inc. today launched a new venture focused on developing energy storage technology, which is seen as a key to driving global adoption of renewable power sources. The freshly spun out Malta Inc. was incubated at the search giant’s X research division. It joins previous X graduates such as Waymo LLC, Alphabet’s autonomous vehicle business, which has ...
Report reveals Facebook gave some partners access to users’ private messages
Updated: Facebook Inc. gave corporate partners unusually broad access to user information, in some cases even enabling companies to view and edit private messages sent via Messenger. That’s among the revelations contained in a bombshell New York Times report published Tuesday night. Citing hundreds of pages of internal data sharing logs, the paper said that ...