Maria Deutscher
Latest from Maria Deutscher
Comcast’s Xfinity unit and Insomniac Games experience large-scale data breaches
Comcast Corp.’s Xfinity subsidiary and video game developer Insomniac Games Inc. have both experienced large-scale data breaches that each compromised more than 1 million records. The cyberattack against Xfinity was disclosed on Monday and saw hackers steal millions of customers’ account details. The Insomnia breach, in turn, first came to light last Tuesday. Today, the ...
Alteryx to be acquired by private equity firms in $4.4B deal
Alteryx Inc. has agreed to be taken private by Clearlake Capital Group and Insight Partners in a deal worth $4.4 billion. The transaction, which the company announced today, comes four months after reports first emerged that a sale may be in the works. The $4.4 billion that Clearlake and Insight are offering represents a 49% premium ...
IBM acquires Software AG’s StreamSets and webMethods products for €2.13B
IBM Corp. today announced plans to acquire Software AG’s StreamSets and webMethods application integration platforms for €2.13 billion, or about $2.33 billion, in cash. The deal comes only months after Software AG was taken private by investment firm Silver Lake at a more than €2.4 billion valuation. The fact that the value of the new ...
EU launches investigation into X over suspected DSA violations
The European Commission is launching an investigation into X, the social network previously known as Twitter, after finding the company may have breached the European Union’s Digital Services Act. EU officials announced the move today. It comes about a year and a half after the European Parliament passed the Digital Services Act, or DSA, into ...
Electronic signature provider DocuSign reportedly exploring a sale
Shares of DocuSign Inc. closed up 12.4% today following a report that the electronic signature provider is exploring a sale. The Wall Street Journal reported that the deal would be structured as a leveraged buyout. That’s an acquisition in which the buyer takes on debt, often using the acquired company’s assets as collateral, to finance ...
Apple will reportedly add OLED displays to iPad and MacBook lineups
Apple Inc. is reportedly working on new iPads and MacBooks that will feature OLED display technology. Nikkei Asia reported the development effort today, citing multiple industry executives. Two of the sources added that Apple may build a foldable iPad. That prospective device is also likely to include OLED technology, which is already used by Samsung ...
Google Maps receives privacy upgrades reportedly designed to end geofence warrants
New privacy enhancements introduced for Google Maps this week are reportedly designed to end geofence warrants from law enforcement agencies, according to a new report. Google announced the enhancements in question on Wednesday. On Thursday, Forbes cited an employee of the search giant as saying that the update was “explicitly” designed to end geofence warrants. ...
OpenAI details automated approach to supervising AI models
OpenAI’s Superalignment team, which focuses on addressing the risks posed by advanced artificial intelligence models, today published its first research paper. The group was formed in June under the leadership of OpenAI Chief Scientist Ilya Sutskever and head of alignment Jan Leike. Over the next four years, it will have access to 20% of the ...
GM’s Cruise autonomous vehicle unit lets go 900 employees, plus nine execs
General Motors Co.’s Cruise autonomous driving unit is laying off 900 employees, or nearly a quarter of its workforce, amid a major overhaul of its commercialization efforts. The job cuts were first reported by TechCrunch this morning. A Cruise spokesperson later confirmed the move, sending parent company GM’s stock up more than 6% in trading. The ...
Microsoft disrupts cybercrime group that created 750M+ fake accounts
Microsoft Corp. has shut down the U.S.-based infrastructure of a cybercrime group that created more than 750 million fraudulent accounts across the company’s services. Microsoft carried out the takedown, which it detailed on Wednesday, with the help of a venture-backed cybersecurity provider called Arkose Labs Inc. The latter company sells a cloud platform that helps ...