Maria Deutscher
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Amazon to launch Prime Air drone delivery service in Lockeford, California
Amazon.com Inc. will make its Prime Air drone delivery service available in Lockeford, California, later this year, the company announced today. The news marks an important milestone for Amazon’s drone delivery efforts. After launching Prime Air in Lockeford, in San Joaquin County south of Sacramento, the company plans to bring the service to additional locations. ...
Jack Dorsey’s TBD venture details Web5 platform
TBD, a venture launched by Jack Dorsey to develop blockchain-powered financial services, today detailed a new software platform dubbed Web5. Dorsey announced the launch of TBD in a tweet last July. The venture is part of Block Inc., a publicly traded payment processing provider that Dorsey co-founded in 2009 and leads as chief executive officer. ...
UK antitrust regulator to investigate Apple and Google over mobile app practices
The U.K.’s antitrust regulator, the Competition and Markets Authority, today announced plans to investigate Apple Inc. and Google LLC over their business practices in the mobile app ecosystem. The CMA is launching multiple investigations focused on three different areas. Officials plan to scrutinize the market power that Apple and Google possess in the mobile browser ...
Meta reportedly scales back plans for its upcoming AR glasses
Meta Platforms Inc. will not make its upcoming augmented reality glasses available to consumers as originally planned, according to two reports published on Thursday. Meta originally intended to make its AR glasses available to developers and early technology adopters. On Thursday, The Verge and The Information reported that the company now plans to distribute the ...
Apple reportedly developing supersized iPad Pro and laptops with new chips
Apple Inc. is reportedly developing an iPad Pro with a 14.1-inch display and laptops powered by faster versions of its newest M2 chip. The upcoming devices were detailed today in separate reports from Bloomberg and prominent display industry analyst Ross Young. Apple’s top-end iPad Pro features a 12.9-inch display. Next year, the company reportedly intends ...
Vista Equity Partners buys majority stake in cloud service management startup BetterCloud
Vista Equity Partners has acquired a majority stake in BetterCloud Inc., a New York-based startup that helps companies manage the software-as-a-service applications used by their workers. BetterCloud announced the transaction this morning. The value of Vista Equity Partners’ investment wasn’t disclosed, but the startup did divulge that its existing investors will stay on as stakeholders. ...
Google Cloud expands its Vertex AI platform with new machine learning tools
Google LLC’s cloud business today debuted a series of enhancements to its Vertex AI platform that will enable enterprises to develop artificial intelligence software faster. Introduced last year, Vertex AI is a collection of cloud services for creating AI models. Some of the services in the platform are geared toward tech-savvy companies that build fully ...
Report: Twitter agrees to give Elon Musk access to more internal data
Twitter Inc. plans to give Elon Musk access to more internal data about its platform, the Washington Post reported today. Musk is currently in the process of acquiring Twitter for $44 billion. The all-cash transaction, which was announced in April, values the social network at $54.20 per share. The Post today cited a source familiar ...
Vanta raises $110M at $1.6B valuation to simplify cybersecurity compliance
Vanta Inc., a startup that helps organizations comply with cybersecurity standards such as SOC 2, has raised $110 million in funding at a $1.6 billion valuation. The funding round was led by Craft Ventures. The San Francisco-based startup said in its announcement of the Series B round today that Sequoia Capital, Y Combinator and other ...
Amazon executive Dave Clark to join logistics startup Flexport as CEO
Dave Clark, chief executive officer of Amazon.com Inc.’s Worldwide Consumer business, will join logistics startup Flexport Inc. in the same role. The news was reported by Forbes today and confirmed by Flexport. It comes a few days after Amazon announced that Clark will resign from his role as CEO of its Worldwide Consumer business on ...