Maria Deutscher
Latest from Maria Deutscher
Autonomous driving startup Forterra closes $75M investment
Forterra, a supplier of autonomous driving technology for military and commercial vehicles, today announced that it has closed a $75 million Series B investment. The startup says that it secured more than two and a half times the sum it had originally set out to raise. Moore Strategic Ventures, XYZ Venture Capital and Hedosophia led ...
EU’s top court rules against Apple, Google in multibillion-dollar cases
The European Union’s top court has ruled against Apple Inc. and Google LLC in a pair of cases that focused on their tax and e-commerce practices, respectively. The Apple case revolved around the effective tax rate that applied to the company in Ireland until 2014. Google, in turn, turned to the European Court of Justice, ...
AMD reveals plans to unify its data center and consumer GPU architectures
Advanced Micro Devices Inc. will unify the architectures that power its data center and consumer graphics cards. Jack Huynh, the executive who leads the AMD unit that develops the chips, disclosed the plan in a Tom’s Hardware interview published today. AMD offers two sets of graphics processing units. The first product line, which targets the ...
Progress to acquire file sharing provider ShareFile for $875M
Progress Software Corp. has inked a $875 million deal to acquire ShareFile Inc., the developer of a popular file sharing platform for enterprises. The companies announced the deal today. Progress plans to finance the transaction with a combination of cash on hand and funds drawn from an existing revolving credit facility. Burlington, Massachusetts-based Progress sells ...
Japanese chip fab startup Rapidus reportedly seeking $700M investment
Rapidus Corp., a startup building a two-nanometer chip fab in Japan, is reportedly seeking new funding to support its construction efforts. Bloomberg today cited sources as saying that the Tokyo-based company is looking to raise 100 billion yen, or about $700 million, from investors. Rapid reportedly hopes to secure four-fifths of the sum from its ...
YouTube deletes Tenet Media’s channel following US indictment over Russian disinformation
YouTube has deleted the channel of Tenet Media, a right-wing content production company that recent media reports have linked to a Russian influence operation. A spokesperson for the Google LLC unit told The Washington Post today that the move is part of “ongoing efforts to combat coordinated influence operations.” YouTube has also taken down four ...
UK tentatively finds that Google’s display ad unit violates competition rules
The UK’s antitrust watchdog has tentatively found that Google LLC’s business practices in the display advertising market are anticompetitive. The Competition and Markets Authority, or CMA, published its findings today. In conjunction, the watchdog sent Google a statement of objections over the business practices that were found to violate antitrust rules. Such a statement can ...
Intel reportedly weighing options for Mobileye stake, networking unit
Intel Corp. is reportedly considering offloading a part of its stake in Mobileye, a major chip supplier to the auto sector. Bloomberg today cited sources as saying that the company could sell shares of Mobileye, formally Mobile Global Inc., via public markets or directly to a third party. Intel is also said to be “exploring ...
Cadet Blizzard hacking group linked to unit of Russia’s GRU
A hacking group known as Cadet Blizzard has been revealed to associated with a unit of the GRU, Russia’s military intelligence agency. A group of government agencies from the U.S., the U.K., Australia, Canada, Ukraine and a number of other countries disclosed the discovery today. Separately, the U.S. Justice Department unsealed an indictment against five ...
US, UK, EU and others sign landmark AI safety treaty
More than a dozen countries have signed a treaty designed to ensure that artificial intelligence models are used in a safe manner. The development was announced today at an event in Vilnius, Lithuania. The treaty in question is known as the Council of Europe Framework Convention on Artificial Intelligence and Human Rights, Democracy, and the ...