Maria Deutscher
Latest from Maria Deutscher
Amid PC chip shortage, Intel pledges $1B to upgrade fabrication facilities
Amid a global shortage of processors for personal computers, Intel Corp. today pledged to spend $1 billion on additional fabrication equipment in a bid to boost production. The investment will be distributed among chip fabrication facilities in the U.S., Ireland and Israel. It puts Intel on track to close 2018 with total capital expenditures of ...
Microsoft wins landmark cloud deal with Volkswagen to power its connected cars
Microsoft Corp. has struck a broad cloud computing deal with Volkswagen AG to build a joint software platform on Azure that will eventually power all the automaker’s connected car services. Volkswagen detailed the collaboration in an announcement today. The company, which holds the title of the world’s largest car manufacturer, said services delivered via the planned ...
Slack reportedly planning early 2019 IPO at valuation ‘well in excess’ of $7B
Slack Technologies Inc. could file for an initial public offering in as little as a few months’ time. That’s according to report published in the Wall Street Journal this morning, which cited anonymous sources saying the team chat juggernaut is “actively preparing” for a stock market debut. Slack is said to be looking to go public in the ...
Alphabet’s Chronicle launches a malware hunting service for enterprises
Chronicle Inc., the cybersecurity outfit that Alphabet Inc. spun off in January, today introduced a new platform for tracking down malware inside corporate networks. Dubbed VirusTotal Enterprise, the offering is based on the search giant’s widely used threat scanning tool of the same name. Alphabet acquired VirusTotal in 2012 from the Spanish security firm that ...
SoftBank leads $800M in funding for real-estate unicorns Compass and Opendoor
SoftBank Group Corp. is spending $800 million to buy a slice of the rapidly growing real-estate technology market. The Japanese tech giant today was named as the lead backer of two separate $400 million funding rounds into startups Compass Inc. and Open Door Labs Inc., which are working to redefine how properties are sold in ...
Uber settles states’ investigation of 2016 data breach and coverup for $148M
Uber Technologies Inc. today disclosed that it has settled a multistate probe into a 2016 data breach that compromised 57 million of its users. The company has agreed to pay $148 million as part of a deal encompassing all 50 states and Washington D.C., a fine that represents the biggest ever of its kind. The settlement comes 11 months ...
Arm introduces new 7-nanometer chip series for autonomous vehicles
Arm Ltd. claims that chips based on its designs power 85 percent of vehicle infotainment units and 65 percent of driver-assistance systems. Today, the company is moving to grow its presence in the auto market even further with an eye to self-driving vehicles. Arm has pulled back the curtains on a new chip series specifically ...
Google and Microsoft team up with Cloudflare to slash network costs in the cloud
Cloudflare Inc. is joining forces with Google LLC, Microsoft Corp. and other technology companies to reduce the cost of network resources in the public cloud. The firms will pursue the effort under the banner of a group named the Bandwidth Alliance that formally launched today. Participating cloud providers will cut or waive the fees they charge ...
Application monitoring startup Instana raises $30M round backed by Meritech, Accel
Two prominent venture capital firms are betting that Instana Inc., a rising player in the application monitoring market, can get ahead of the competition. The startup today announced that it has secured a $30 million funding round led by early Facebook Inc. investor Meritech Capital Partners with the participation of Accel. The investment brings Instana’s ...
Data.world reels in $12M round to add collaboration to data science
Enterprise analytics projects usually involve multiple users with varying levels of technical expertise, often from different parts of the company. Data.world Inc. offers a platform where those workers can collaborate on the information repositories that sit at the core of a project. The three-year-old startup has raised more than $44 million in funding to date, ...
