Maria Deutscher
Latest from Maria Deutscher
FTC will explore new data privacy rules to regulate the tech industry
The U.S. Federal Trade Commission today launched an effort to explore whether it should implement new rules to regulate the tech industry. As part of the initiative, the FTC has released a document known as an Advance Notice of Proposed Rulemaking, or ANPR for short. The ANPR invites members of the public to provide feedback ...
Google rolls out new AI features to improve search results
Google LLC has updated its search engine with new artificial intelligence capabilities that will help improve the accuracy of search results. Pandu Nayak, a Google Fellow and the company’s vice president of search, detailed the new AI features in a blog post published today. The features join the extensive set of existing AI capabilities that ...
Samsung debuts faster foldable devices and new smartwatches
Samsung Electronics Co. Ltd. today debuted its latest foldable devices, the Galaxy Z Fold 4 and the Galaxy Z Flip 4, and introduced two new smartwatches powered by a custom chip. The Fold 4 is a 7.6-inch tablet that can fold like a book to turn into a 6.2-inch smartphone. It has two separate displays, ...
CyberArk posts strong financial results and raises guidance
Publicly traded cybersecurity provider CyberArk Software Ltd. today reported strong financial results for the second quarter and raised its full-year revenue guidance. Shares of CyberArk are up more than 8% on the earnings report. Newton, Massachusetts-based CyberArk provides a software platform that helps companies manage worker access to their technology systems. The platform makes it ...
AWS, Splunk and other tech firms launch open-source cybersecurity data framework
Amazon Web Services Inc., Splunk Inc. and more than a dozen other tech firms have launched an open-source project designed to help companies respond to cyberattacks more effectively. The project, known as the Open Cybersecurity Schema Framework, or OCSF, made its debut today. The development of the framework was initiated by AWS and Splunk. They ...
Avaya shares drop 45% after it discloses ‘substantial doubt’ about outlook
Shares of Avaya Holdings Corp. declined 45.5% today after the company stated that there is “substantial doubt” about its ability to continue operating as a going concern. The drop in Avaya’s stock may have also been influenced by a number of other factors. The company, which makes communications software for enterprises, posted preliminary financial results that ...
AppLovin makes $20B offer to acquire Unity
AppLovin Corp., a software company that helps developers make money from their mobile apps with ads, today made an offer to acquire video game specialist Unity Software Inc. for $20 billion. The offer values Unity at $58.85 per share. That represents a 18% premium to the Monday closing price of the company’s stock. Palo Alto, ...
Micron will invest $40B to expand its US memory chip production capacity
Micron Technology Inc., one of the world’s top manufacturers of memory chips, will spend $40 billion through 2030 to expand its semiconductor production capacity in the U.S. The company announced the plan today. Boise, Idaho-based Micron is a major supplier of DRAM memory. The company’s DRAM chips can be found in a variety of devices ...
Vista Equity Partners to acquire tax compliance software maker Avalara for $8.4B
Avalara Inc., a major provider of tax compliance software for businesses, today announced that it has agreed to be acquired by Vista Equity Partners in an $8.4 billion deal. The announcement comes about a month after reports of the transaction first emerged. Vista Equity Partners’ $8.4 billion offer amounts to $93.50 per Avalara share, a 27% ...
Nvidia’s preliminary second-quarter revenue misses guidance
Nvidia Corp. today reported preliminary financial results for the second quarter, disclosing that it expects revenue and gross margins to fall short of its previously provided guidance. Nvidia in May projected revenue of $8.1 billion for the quarter ended July 31. In the newly released preliminary earnings report, the company stated that it’s now expecting ...