Maria Deutscher
Latest from Maria Deutscher
Shares of Super Micro Computer Inc., better known as Supermicro, dropped more than 20% today after a short seller claimed to have found issues in its finances. Hindenburg Research on Tuesday alleged that Supermicro’s earnings disclosures contain “glaring accounting red flags.” In …
Researchers discover China-linked hacking campaign targeting US internet providers
Hackers are using a vulnerability in a network management tool to launch cyberattacks against U.S. internet providers. Black Lotus Labs, the cybersecurity research unit of telecommunications company Lumen Technologies Inc., revealed the hacking campaign today. The unit’s researchers believe that the campaign is …
Check Point Software acquires cybersecurity startup Cyberint
Check Point Software Technologies Ltd. today announced that it’s acquiring Cyberint Technologies Ltd., a venture-backed cybersecurity startup. Financial terms were not disclosed. Tel Aviv-based Cyberint previously raised about $68 million in funding from investors. Following its most recent raise in mid-2022, the …
Data management startup Cribl nabs $319M at $3.5B valuation
Cribl Inc., a startup with a suite of data management tools for enterprises, has closed an oversubscribed late-stage investment worth $319 million. The Series E deal, which was announced this morning, included $200 million in equity funding and a $119 million secondary …
Planera raises $13.5M for its construction management platform
Startup Planera Inc. today announced that it has raised $13.5 million in early-stage funding to enhance its project management platform for construction companies. Sierra Ventures led the Series A round. It was joined by Sorenson Capital, Brick and Mortar Ventures, Prudence VC …
Viggle AI raises $19M in funding for its AI video generator
Viggle AI, a startup with a popular video generation service of the same name, today announced that it has closed a $19 million early-stage investment. The Series A round was led by Andreessen Horowitz with participation from Two Small Fish. Toronto-based Viggle …
IBM reportedly shuttering its R&D hub in China
IBM Corp. is winding down its research and development group in China, multiple publications reported today. A source told Bloomberg that the move is set to affect fewer than 1,000 employees. The Wall Street Journal put the number at more than 1,000. …
Netherlands fines Uber €290M for breaching EU’s GDPR privacy regulation
The Netherlands’ privacy watchdog today issued a fine of €290 million, or about $324 million, to Uber Technologies Inc. over its data management practices. The decision relates to a regulatory framework called the EU-US Privacy Shield that was struck down by a …
Justice Department sues property management software provider RealPage
The U.S. Justice Department and eight state attorneys general today filed an antitrust lawsuit against RealPage Inc., a major provider of property management software. The complaint revolves around two main arguments. First, the Justice Department charges that RealPage’s software unlawfully decreases competition …
Redis debuts new data integration and AI features for its database
Redis Inc. today updated its namesake database with a set of new features designed to ease software development for customers. Some of the enhancements are rolling out for the core open-source version of the platform. Others will become available in the paid …