Maria Deutscher
Latest from Maria Deutscher
Palantir shares jump on expectation-topping earnings and raised guidance
Shares of Palantir Technologies Inc. jumped more than 20% today after it posted third-quarter revenue and earnings that topped analyst expectations. Palantir launched in 2003 to provide software for the intelligence community. Its flagship product, Gotham, is used by government agencies to collect and analyze data from multiple sources. Over the years, it has also ...
OMB releases draft AI guidance for federal agencies
The U.S. Office of Management and Budget, or OMB, has released a draft policy designed to ensure federal agencies effectively address the risks and opportunities presented by artificial intelligence. The White House detailed the guidance on Wednesday. Two days earlier, President Joe Biden signed an executive order designed to foster AI safety and security. One ...
28 countries sign Bletchley Declaration on AI safety
The U.S., the U.K., China and 25 other countries have signed a declaration stressing the need to address the potential risks posed by artificial intelligence. The Bletchley Declaration, as the document is called, was announced during the high-profile Summit on AI Safety taking place today in London. The event is the first in a series ...
Chainguard raises $61M for its ultra-secure software container images
Chainguard Inc., a startup that provides highly secure versions of open-source software tools, today announced that it has raised $61 million in funding. Spark Capital led the Series B round. It was joined by Sequoia Capital, Amplify Partners, Mantis VC and Banana Capital. Chainguard’s total outside funding now stands at $116 million. Container applications are ...
Extreme Networks tops earnings expectations, but stock drops on weak guidance
Shares of Extreme Networks Inc. plunged more than 16% today after the company posted stronger-than-expected quarterly earnings, but shared financial guidance that fell short of the consensus estimate. Nasdaq-listed Extreme Networks makes switches and routers for data centers. It also sells Wi-Fi equipment that enterprises use to provide wireless connectivity at their offices. Alongside its hardware, ...
US, dozens of allies pledge not to pay ransomware hackers
The U.S. and dozens of other countries have pledged not to pay hackers after ransomware attacks. The commitment was reportedly made today at an annual meeting of the International Counter-Ransomware Initiative, a coalition focused on tackling cybercrime. The coalition includes the U.S. and about 40 other countries, as well as the European Union and Interpol. ...
Google DeepMind debuts new version of its AlphaFold model for researchers
Google DeepMind today detailed a new version of AlphaFold, an artificial intelligence model it has built to help researchers study biological molecules such as proteins. The Google LLC unit says the latest iteration of the model provides more accurate data about proteins’ structure than its predecessor. Furthermore, AlphaFold can now study a broader range of ...
Palo Alto Networks acquires Dig Security for reported $400M
Palo Alto Networks Inc. today announced plans to acquire Dig Security Solutions Ltd., a startup that helps companies track and secure their internal data. The companies didn’t disclose the deal’s financial terms. However, TechCrunch reported that Palo Alto Networks is paying about $400 million for Dig. The acquisition comes a few weeks after word emerged that ...
Broadcom still expects to acquire VMware after deal misses targeted closing date
Broadcom Inc. this morning reassured investors that it still expects to close its proposed acquisition of VMware Inc., which was set to close today but didn’t. The transaction terms designate Nov. 26 as the deal’s completion deadline. If Broadcom doesn’t finalize the acquisition by then, it will have to pay a $1.5 billion termination fee. ...
Check Point Software posts expectation-topping third-quarter results
Check Point Software Technologies Ltd. today posted better-than-expected revenue and profit numbers for its fiscal third quarter. The company also revised its full-year earnings guidance upwards, but its revenue forecast has been trimmed on the high end. Its share price dropped 2% on the report. Check Point Software is a major cybersecurity provider that counts ...