Maria Deutscher
Latest from Maria Deutscher
EU launches antitrust probe into Apple glass supplier Corning
The European Union is launching an antitrust probe into Corning Inc., the Apple Inc. supplier that makes the glass in iPhone displays. The European Commission, the EU’s executive arm, announced the move today. It detailed that the probe focuses on a set of exclusive supply agreements Corning has inked with handset makers and glass processing ...
Lyft inks new partnerships to make autonomous taxis available through its app
Lyft Inc. today announced three new partnerships designed to make autonomous taxis available to users of its ride-hailing app. The first deal is with Intel Corp.’s Mobileye unit. Under the agreement, Lyft will enable its users to take trips in Mobileye-powered autonomous vehicles. The company is also partnering with May Mobility Inc. and Nexar Ltd., two ...
CrowdStrike acquires cloud security provider Adaptive Shield
CrowdStrike Holdings Inc. today announced plans to acquire Adaptive Shield Ltd., a startup that helps companies protect the data they keep in cloud applications. The deal’s financial terms were not disclosed. CTech reported that the transaction is worth $300 million, more than six times the amount that Adaptive Shield has raised from investors. The company ...
Canada arrests suspected hacker over breach of 160+ Snowflake users’ data
Canadian authorities have arrested a person suspected to be behind a large-scale hacking campaign that targeted Snowflake Inc. users. TechCrunch reported today that Alexander Moucka was apprehended last Wednesday. He appeared in court shortly thereafter and his case was subsequently adjourned to today. The arrest followed a request from U.S. authorities. According to cybersecurity journalist ...
GlobalFoundries shares jump on strong mobile business growth
Shares of GlobalFoundries Inc. jumped more than 14% today after the company disclosed that its mobile chip business grew much faster than expected in the third quarter. The unit’s strong performance partly offset declines across the company’s other revenue segments. GlobalFoundries, a former Advanced Micro Devices Inc. subsidiary, manufactures chips for other companies based on ...
DigitalOcean shares drop 13% despite expectation-topping earnings, raised guidance
DigitalOcean Holdings Inc. today posted better-than-expected financial results for the third quarter and raised its full-year sales guidance. The solid earnings weren’t enough to impress investors, who sent the cloud provider’s shares tumbling more than 13%. It’s unclear what caused the selloff, though its fourth-quarter outlook fell a bit short of some estimates. Wall Street ...
Amazon, Meta nuclear power initiatives reportedly encounter challenges
Two Amazon.com Inc. and Meta Platforms Inc. initiatives to build data centers powered by nuclear energy are off to a bumpy start. Axios reported today that Amazon’s project recently failed to secure a key regulatory approval. Meta’s planned data center campus, in turn, is said to have raised environmental concerns. Earlier this year, Amazon inked ...
View Systems launches AI-optimized data management platform
View Systems Inc. today announced the general availability of its flagship offering, a data management platform called View AI that is optimized to power artificial intelligence workloads. The venture-backed startup also disclosed that it has joined the AI Platform Alliance. This is an industry group that was formed last year by Ampere Computing Inc., a ...
Insider raises $500M in funding for its personalized marketing platform
Insider, an Istanbul-based startup that helps brands customize their marketing campaigns based on buyer preferences, has raised $500 million in a late-stage funding. The Series E round was announced today. Insider said that growth equity firm General Atlantic led the raise. The investment comes about 18 months after the software maker secured $105 million at ...
Intel reveals plans to manufacture most of its next-gen PC chip lineup internally
Intel Corp. will manufacture most of the components in its next-generation personal computer chips internally, Chief Executive Officer Pat Gelsinger has revealed. Gelsinger detailed the plan during the company’s third quarter earnings call on Thursday. Intel posted revenue and adjusted earnings per share that topped analyst expectations, which gave its stock nearly an 8% boost ...