Maria Deutscher
Latest from Maria Deutscher
AT&T launches first public 5G network in US
The telecommunications industry’s shift to 5G hit a major milestone today after AT&T Inc. announced that it has become the first U.S. carrier to launch a wireless service based on the technology. Though already live, the service will only become available to consumers on Friday. It’s launching in 12 major cities around the country: Atlanta, ...
Nvidia challenger Graphcore reels in $200M for its ultrafast AI chips
Artificial intelligence chip startup Graphcore Ltd. today announced that it has raised $200 million from investors at a $1.7 billion valuation to fuel development and go-to-market efforts. The round is notable not only because of its size but also the fact that Graphcore is less than three years old. That’s an especially short time span in ...
Cisco snaps up networking chipmaker Luxtera for $660M
Cisco Systems Inc. today said that it will shell out $660 million to buy Luxtera Inc., a Carlsbad, California-based maker of specialized chips for high-speed optical networks. The deal’s announcement comes a week after word leaked that the companies were holding acquisition talks. Cisco reportedly beat out offers from Intel Corp. and Broadcom Inc. earlier ...
Seismic lands $100M in fresh funding to boost sales teams’ productivity
In the enterprise, competing for deals requires salespeople to possess highly specific information about both their company’s offerings and the buyer. But that information is not always straightforward to find in large companies that have gigabytes’ worth of sales materials on hand. Seismic Software Inc., a startup dedicated to simplifying the task, today announced that ...
Microsoft opens up its internal Trill engine for high-speed analytics
Microsoft Corp. today open-sourced Trill, a data processing engine capable of analyzing billions of events per second. Used in Microsoft’s Azure cloud platform, the project adds to the growing list of internal technologies that the company has shared with the world. Its open-source portfolio includes several artificial intelligence tools, including a system called Infer.NET that is ...
France to implement digital tax focused on US tech giants
Following in the footsteps of the United Kingdom, France will introduce a digital tax focused on major U.S. tech firms. French Finance Minister Bruno Le Maire announced the plan in a press conference today. The tax will go into effect on Jan. 1 and is expected to raise 500 million euros, or $570 million, in ...
In major expansion, Google to spend $1B on new Manhattan campus
In the year 2000, New York City became home to Google LLC’s very first office outside California. Eighteen years and thousands of hires later, the search giant today announced that it will significantly expand its presence in the Big Apple with a sprawling new $1 billion campus. The news comes just days after Apple Inc. ...
Facebook security bug exposes up to 6.8M users’ private photos
Facebook Inc. is headed into the weekend with another privacy blunder on its hands. The social networking giant today disclosed that a security bug gave external applications overly broad access to as many as 6.8 million users’ photos. Normally, an application that is granted permission by a user to view their photos can only pull ...
Apple to change iPhone software in China as battle with Qualcomm escalates
Apple Inc. said today that it will update certain iPhone models in China to fight a local court order banning the sale of the devices. The company claims that the decision, if not reversed, could force it to settle with Qualcomm Inc. in their high-stakes technology licensing dispute. Earlier this week, Qualcomm persuaded a court ...
Logistics unicorn Postmates is launching a fleet of delivery robots in the US
Over the past few years, food delivery has grown into a multibillion-dollar market where tech giants such as Amazon.com Inc. compete with heavily funded startups for orders. One of the latter, Postmates Inc., hopes to gain an edge by enlisting robots to assist its human couriers. The delivery startup, which is valued at $1.2 billion, ...
