Maria Deutscher
Latest from Maria Deutscher
Google is reportedly acquiring heavily funded VR startup Lytro
Update March 27: Instead of getting acquired, Lytro is actually shutting down, but a few of its employees are headed to Google. Word is that Google LLC is in the process of acquiring Lytro Inc., a startup backed by $215 million in funding that develops hardware and software for producing immersive content. The buyout price reportedly ...
Salesforce buys application integration firm MuleSoft for $6.5B
Updated with acquisition announcement: Salesforce.com Inc. today said it’s buying publicly held enterprise software integration firm MuleSoft Inc. for $6.5 billion. It’s the biggest acquisition ever for Salesforce, the maker of online customer relationship management and related software, indicating the cloud giant sees a great deal of strategic value in MuleSoft. Salesforce said it will pay $44.89 per ...
As tech IPOs heat up, DocuSign reportedly plans to go public within 6 months
DocuSign Inc., the company that helped turn electronic signatures into a staple of doing business in the digital era, could hit the stock market in the next six months. That’s according to a TechCrunch report published today that claims the firm has secretly filed to go public. An initial public offering by DocuSign would mark another ...
Google taps startup FogHorn to bolster its cloud’s IoT analytics capabilities
Google LLC and FogHorn Systems Inc., an “internet of things” analytics startup backed by General Electric Co., today announced a new partnership that aims to help companies better harness the the data they collect from their connected devices. The alliance will center on the search giant’s Cloud IoT Core offering. Launched last month, the service ...
Shares of software giant Micro Focus plummet 46 percent as CEO Chris Hsu quits
Shares of enterprise software giant Micro Focus International plc plunged a stunning 46 percent today following the abrupt resignation of Chief Executive Officer Chris Hsu. Both developments are tied to the British company’s release of a revised revenue forecast for the fiscal year ended Oct. 31 that paints a bleak picture of its future. The ...
Report: Apple is secretly developing screens with experimental MicroLED technology
Apple Inc. is secretly developing a new type of screen for its devices based on MicroLED, an emerging display technology with the potential to enable a vastly improved viewing experience, according to a Bloomberg report published late Sunday. MicroLED differs from the OLED panels that ship with the iPhone X and other latest-generation handsets on the ...
Google seeks to challenge Amazon with new Shopping Actions service
Google LLC aims to challenge Amazon.com Inc.’s dominance of the e-commerce market by making it easier for traditional retailers to put their products in front of users. The means with which the search giant is looking to achieve this is a new set of features called Shopping Actions that it unveiled this morning. Merchants can ...
Report: Qualcomm’s former chairman is seeking to buy out the company
Days after emerging from a $121 billion hostile takeover battle with Broadcom Ltd. that was shut down by a presidential executive order, Qualcomm Inc. may have face off against another would-be buyer: its former executive chairman. According to reports, Paul Jacobs, who is the son of Qualcomm co-founder Irwin Jacobs, resigned from the position last ...
Cloud security firm Zscaler’s shares soar in 2018’s first major tech IPO
Shares of Zscaler Inc. more than doubled in their trading debut today following a successful initial public offering that netted the cloud security company a war chest of $192 million. The stock sale marks the first major tech IPO of 2018. The pop in price, even after the company raised its target price and number ...
Employee training could be the next market for Amazon’s cloud
A new report suggests that Amazon Web Services Inc. may look to enter the multibillion-dollar employee training market by introducing a specialized new service on its cloud platform. CNBC today cited two anonymous sources as saying that the offering from Amazon.com Inc.’s cloud computing unit would enable companies to set up learning programs for workers ...
