Maria Deutscher
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Dell to sell its Mozy cloud backup division to Carbonite in $145M deal
Dell Technologies Inc. is offloading another of the divisions that it absorbed through the $67 billion acquisition of EMC Corp. in 2016. Carbonite Inc., a publicly traded provider of cloud backup services, revealed on Tuesday that it has reached a deal with the data center giant to acquire the latter’s Mozy data protection group for $145.8 ...
HackerRank raises $30M to bring code directly into the recruiting process
HackerRank Inc. offers an unconventional technical recruiting platform that can best be described as a mix of a hiring tool and a code editor. The startup’s unique feature set has won over 3.4 million developers worldwide, along with the support of several major investors. The Palo Alto, California-based startup today announced the completion of a $30 million Series C ...
Google hires former Samsung CTO Injong Rhee to lead IoT business
Google LLC has brought aboard Samsung Electronics Co. Ltd.’s former top technologist to help advance its connected device strategy. Injong Rhee, who served as the South Korean hardware giant’s chief technology officer until December, shared the news in a LinkedIn post on Monday. The executive wrote that he will assume the role of entrepreneur-in-residence to ...
Report: Amazon is moving in on the medical supplies industry
Amazon.com Inc. has an ambitious new plan to bring the convenience of e-commerce to organizations in the healthcare sector, the Wall Street Journal reported this morning. The publication cited hospital executives as saying that the retail giant had invited them to multiple meetings in recent quarters to discuss the idea of an online medical supplies marketplace. ...
Time-series database startup InfluxData reels in $35M from investors
InfluxData Inc., a San Francisco-based startup whose database is used by companies such as IBM Corp. to analyze their operational information, has secured $35 million in fresh funding. Announced today, the cash infusion comes less than a year and a half after InfluxData raised $16 million from a consortium headed by Battery Ventures. The venture capital ...
Oracle to expand its cloud platform with ‘autonomous’ services, 12 new data centers
The services in Oracle Corp.’s cloud platform will soon tune and patch themselves. That’s thanks to a push announced by the company today to extend the technology behind its recently introduced “autonomous” relational database service to the rest of the offerings in the lineup. Oracle said specialized machine learning models optimize performance, implement updates as ...
Google’s TPU chips for AI are now available on its public cloud
Google LLC today bolstered its public cloud platform with the addition of Tensor Processing Units, an internally designed chip series specifically built to power artificial intelligence workloads. A single TPU (pictured) consists of four application-specific integrated circuits paired with 64 gigabytes of “ultrahigh-bandwidth” memory. The combined unit can provide up to 180 teraflops, or a ...
DataVisor raises $40M round led by Sequoia for its fraud-hunting AI
On Pinterest and Yelp, specialized machine learning algorithms scan user activity for signs of malicious behavior such as deceptive review practices. The algorithms are powered by a system from a Mountain View, California-based startup called DataVisor Inc. that today announced it has closed a $40 million round of funding. Sequoia Capital’s Chinese arm led the ...
Look out, FedEx and UPS: Amazon plans to launch its own delivery service soon
Amazon.com Inc. is finally gearing up to launch its long-rumored push to become a shipping provider. That’s according to a Wall Street Journal report published this morning, which claims the retail giant plans to roll out a new package delivery service in the coming weeks. The operation is set run under the brand “Shipping with ...
Broadcom to meet with Qualcomm after again sweetening $121B takeover bid
Qualcomm Technologies Inc. rejected Broadcom Ltd.’s record-breaking $121 billion takeover bid late Thursday in the second such rebuff since the latter company made its initial offer last year. But although the proposal was shot down, it seemed to have achieved Broadcom’s reported goal of bringing the chipmaker to the negotiating table. In conjunction with the rejection ...