Maria Deutscher
Latest from Maria Deutscher
Work management software provider Smartsheet to be taken private in $8.4B deal
Smartsheet Inc., a company with a popular work management platform of the same name, today announced that it has agreed to be acquired by Blackstone and Vista Equity Partners in a $8.4 billion deal. The software maker’s investors are set to receive $56.50 in cash for each of their shares. That represents a 41% premium ...
Intel’s Altera unit shares new details about upcoming Agilex 3 chips
Altera today shared new details about Agilex 3, an upcoming series of chips optimized to power connected devices and factory automation systems. The Intel Corp. unit first previewed the processor line in February alongside a number of other upcoming products. The hardware reveal coincided with a change to Altera’s corporate structure. The Agilex 3 product ...
Broadcom debuts Sian2 chip for powering AI clusters’ optical networks
Broadcom Inc. today debuted a new chip, the Sian2, for powering the high-speed optical networks that underpin artificial intelligence clusters. The company says that the module provides twice the bandwidth of its predecessor. Additionally, it includes reliability features that prevent errors from finding their way into data while it zips across the network. The typical ...
US moves to ban import of certain connected vehicle parts from China and Russia
The White House today announced plans to ban the import of certain auto parts made in China and Russia. The move follows a U.S. Commerce Department probe into connected vehicle components that began in February. As part of the investigation, officials evaluated the potential national security risks associated with such components. Commerce also collected public ...
EU reportedly preparing to bring formal DMA charges against Google
The European Commission is expected to bring formal charges against Google LLC over its business practices in the search market. Bloomberg revealed the upcoming regulatory action today, citing people familiar with the matter. Google provides a number of specialized search tools for tasks such as navigating e-commerce catalogs and booking air travel. Those tools include ...
Report: Qualcomm recently expressed interest in acquiring Intel
Qualcomm Inc. has approached Intel Corp. about a potential acquisition, the Wall Street Journal reported today. It’s believed that the mobile chip designer floated the idea in recent days. The Journal’s sources cautioned that a deal is “far from certain,” but the report nevertheless sent Intel shares climbing before the closing bell. The company’s stock ...
Three Mile Island nuclear plant will reopen to power Microsoft data centers
The operator of the Three Mile Island nuclear power plant will reopen the facility to generate electricity for Microsoft Corp. data centers. Constellation Energy Generation LLC, the largest renewable energy producer in the U.S., announced the initiative today. The company will supply power from Three Mile Island to Microsoft under a newly signed 20-year contract. ...
EU to step up enforcement of Apple’s compliance with DMA rules
European Union officials are taking new steps to ensure that Apple Inc. complies with the bloc’s DMA tech industry regulation. The European Commission, the EU’s executive arm, announced the initiative today. The Digital Markets Act is a piece of legislation designed to prevent tech giants from engaging in harmful business practices. Many of the law’s ...
Server chip startup Ampere reportedly exploring a sale
Ampere Computing Inc. has hired a financial adviser to explore a potential sale, Bloomberg reported today. It’s believed that the chipmaker is seeking a takeover offer from a “larger industry player.” It’s unclear if Ampere hopes to ink a deal with a fellow semiconductor supplier or one of the several tech giants that design their ...
FTC finds that social media, streaming giants engaged in ‘vast surveillance’ of users
The U.S. Federal Trade Commission has determined that a number of major social media and streaming companies engaged in “vast surveillance” of their users. The FTC detailed its findings in a report released today. Officials prepared the report based on records supplied by Google LLC, Amazon.com Inc., Snap Inc., Discord Inc., X Corp., Reddit Inc., ...