Maria Deutscher
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Robinhood, valued at $5.6B, hires its first CFO ahead of planned IPO
Robinhood Markets Inc., one of the fastest-growing players in the red-hot financial technology segment, has moved a step closer towards going public. The heavily funded startup today announced that it has appointed Amazon.com Inc. veteran Jason Warnick as its first chief financial officer. Warnick joins Robinhood after a 20-year stint with the online retail giant. He ...
Red Hat snaps up cross-cloud data management startup NooBaa
Red Hat Inc. today announced that it has picked up Boston-based data management startup NooBaa Inc. to boost its strategically important hybrid cloud portfolio. The deal comes as the company itself is being acquired by IBM Corp. in a $34 million acquisition expected to complete next year. Red Hat’s strong position in the hybrid cloud market ...
LinkedIn launches new data features for Samza stream processing engine
LinkedIn today announced a major new release of the Samza stream processing engine, one of its marquee open-source projects, that will give enterprises more options in how they analyze their real-time data. Samza is built to process high-volume data streams quickly with a high degree of reliability. This feature combination makes it handy for a ...
HPE acquires BlueData to boost its AI and analytics ambitions
Hewlett Packard Enterprise Co. today revealed that it plans to acquire BlueData Software Inc., a startup focused on making it easier for companies to use artificial intelligence and analytics tools. HPE expects to close the deal by the end of January. The company didn’t share the financial terms, but it’s reasonable to assume that the ...
AWS advances cloud storage with Intelligent Tiering, new data management tools
Amazon Web Services Inc. opened its re:Invent 2018 conference today with the introduction of new products and features intended to give enterprises more incentive to move their data to its cloud platform. Many of the additions center on the provider’s S3 object storage service. S3 is one of the original products that AWS had on ...
AWS launches RoboMaker to help developers build software brains for robots
Amazon.com Inc. uses internally designed robots to shuffle goods around its warehouses and has lately been experimenting with adding delivery drones to the mix. Now, the company’s cloud division wants to win the business of the other firms that use autonomous machines in their operations. To that end, Amazon Web Services Inc. today launched RoboMaker, ...
U.S. reportedly asks foreign allies to stop using Huawei carrier equipment
The U.S. government is reportedly urging foreign allies to stop using hardware from China’s Huawei Technologies Co. Ltd. in local carrier networks. The push, which was detailed by the Wall Street Journal today, is said to have seen American officials reach out to both government counterparts and telecommunications executives. The unnamed sources who shared the ...
Thanksgiving sets e-commerce record, Black Friday on track for $6.4B in sales
Online spending on Thanksgiving Day hit a new record in a surge that’s carrying over to today’s Black Friday sales, according to Adobe Systems Inc. data. The company, best known as the maker of Photoshop, also has a sizable digital marketing business that serves numerous major retailers. Adobe claims to have collected more than a trillion data points ...
European Amazon workers launch Black Friday protests over warehouse conditions
Amazon.com Inc. workers across Europe are staging protests today over what trade unions described as poor working conditions at the company’s warehouses. The walkout coincides with Black Friday, one of the busiest times of the year for online retailers. Switzerland-based UNI Global Union, which is coordinating the protests, said that about 2,400 workers are participating. ...
Challenging Apple, Amazon Pay reportedly coming to physical stores
Amazon.com Inc. reportedly wants to take on Apple Inc. in the mobile payments market. On Wednesday, the Wall Street Journal reported that the company plans to bring its Amazon Pay digital wallet into physical stores. Originally launched in 2007, the app-based service enables users to make purchases on tens of thousands of e-commerce websites with ...