Maria Deutscher
Latest from Maria Deutscher
SASE provider Cato Networks closes $238M round at $3B+ valuation
Cato Networks Ltd., a major player in the secure access service edge market, today announced that it has raised $238 million in fresh funding. The investment values the Tel Aviv-based startup at more than $3 billion. That’s up from the $2.5 billion it was worth after its previous funding round in 2021. Cato’s latest raise was ...
Microsoft Chief Product Officer Panos Panay reportedly joins Amazon
Microsoft Corp. Chief Product Officer Panos Panay will reportedly join Amazon.com Inc. to lead the business unit that develops Alexa and the Echo device lineup. Bloomberg reported the development today, citing people familiar with the matter. Microsoft announced Panay’s departure a few hours earlier in a memo to employees. Yusuf Mehdi, the company’s consumer chief ...
Intel aims to boost processor speeds with new glass substrate technology
Intel Corp. will build glass into its most advanced processors to make them faster and more power-efficient. The chipmaker detailed the plan today ahead of its annual Intel Innovation event, which is dedicated to new semiconductor technologies. At the center of the development effort is a component known as a glass substrate. The component, which ...
Microsoft accidentally exposes 38TB of internal data via GitHub repository
Microsoft Corp. has accidentally made 38 terabytes of internal data, including passwords, publicly accessible through a GitHub repository. The data leak was detailed today by researchers from venture-backed cloud security startup Wiz Inc. The company originally discovered the issue on June 22 and reported it to Microsoft shortly thereafter. The software giant fixed the issue ...
Ireland’s privacy regulator fines TikTok €345M for breaching GDPR
Ireland’s privacy regulator today issued a fine of €345 million, or $367 million, to TikTok after finding that the company had breached the European Union’s GDPR regulation. TikTok has more than 130 million users in the EU. Ireland’s Data Protection Commission, or DPC, leads oversight of the company’s privacy practices within the bloc. The reason ...
Salesforce to hire 3,300 workers after raising revenue guidance
Salesforce Inc. has revealed plans to recruit 3,300 new employees less than a year after letting go 10% of its workforce. Salesforce Chief Executive Officer Marc Benioff and Chief Operating System Brian Millham disclosed the plan to Bloomberg on Thursday, as the company closed its annual Dreamforce conference in San Francisco. About a third of ...
Amid AI funding surge, defense technology startup Helsing raises €209M
Helsing GmbH, a startup developing artificial intelligence software for the defense sector, today announced that it has raised €209 million in funding. The Series B investment was led by General Catalyst. Saab AB, one of Sweden’s largest aerospace and defense companies, also contributed to the round. The Financial Times reported that Saab paid €75 million ...
Data breach at Caesars Entertainment compromises customer information
A data breach at Caesars Entertainment Inc. has compromised personal information belonging to a “significant” number of customers, the company disclosed today. Reno, Nevada-based Caesars is a major hotel and casino operator. It runs more than 50 properties worldwide and generated $10.8 billion in net revenue during its most recent fiscal year. The company disclosed ...
Databricks raises $500M in new funding at mammoth $43B valuation
Data management provider Databricks Inc. has raised more than $500 million in funding at a $43 billion valuation. T. Rowe Price Associates led the Series I round with contributions from a dozen other backers, Databricks detailed in its announcement of the investment today. Those other backers included Nvidia Corp. and Andreessen Horowitz. Capital One Ventures, Morgan ...
Reverse proxy maker ngrok debuts global server load balancing tool
Reverse proxy startup ngrok Inc. today debuted a GSLB, or global server load balancing, tool that promises to speed up application response times and reduce the risk of outages. The network traffic sent to a cloud service usually doesn’t flow directly to that service, but first goes through a system known as a reverse proxy. ...