Maria Deutscher
Latest from Maria Deutscher
Strong demand for ride-hailing services helped Uber Technologies Inc. top both revenue and profit expectations in the fourth quarter. The company posted its financial results for the three months ended Dec. 31 this morning before the opening bell. It also shared optimistic …
F5 debuts new API security and AI features
F5 Inc. today introduced a set of new software tools designed to help companies more efficiently manage and secure their technology infrastructure. Nasdaq-listed F5 is a major cybersecurity provider that reported $693 million in revenue last quarter. Its applications help enterprise block …
AI customization startup Cimba launches with $1.25M in funding
Cimba.ai Inc., a startup making it easier for enterprises to customize language models, launched today with $1.25 million in initial funding. The pre-seed raise was led by Ripple Ventures with participation from SeaChange and PackVC. The funding round also included contributions from …
Meta will label AI-generated images across Facebook, Instagram and Threads
Meta Platforms Inc. today announced plans to roll out labels that will indicate if images uploaded to Facebook, Instagram and Threads were generated using general intelligence tools. The company will start adding the labels to users’ posts in the coming months. According …
DocuSign cuts 400 jobs in third round of layoffs since 2022
DocuSign Inc. today announced plans to let go about 400 employees, or 6% of its workforce, in a bid to cut costs and redirect more resources to growth initiatives. The electronic signature provider detailed in a regulatory filing that the layoffs will …
Kubernetes automation startup Weaveworks shuts down
Weaveworks Inc., a venture-backed developer of Kubernetes management software, is closing its doors. Weaveworks co-founder and Chief Executive Alexis Richardson announced that the startup is shutting down in a LinkedIn post published today. According to Richardson, the company had generated more than …
Oversight Board calls for changes to Meta’s manipulated-content policy
Meta Platforms Inc.’s Oversight Board, an expert panel that advises the company on moderation decisions, today called for changes to its manipulated-content policy. Meta formed the Oversight Board in 2020 to field appeals that users submit over moderation decisions across Facebook and …
Snap lets go 10% of workforce following return to revenue growth
Snap Inc. today disclosed plans to let go 10% of its workforce, or about 500 employees, in its first major round of layoffs since 2022. The social media company estimates that the restructuring will cost between $55 million and $75 million. Snap …
EU member states approve landmark AI regulation
The European Union’s member states today agreed on the text of a proposed law designed to regulate artificial intelligence models. The legislation was first proposed in 2021 by the European Commission, the EU’s executive branch. Lawmakers reached a provisional agreement on what …
FTC orders software maker Blackbaud to overhaul cybersecurity practices
Blackbaud Inc., a publicly traded software maker that experienced a large-scale data breach in 2020, has agreed to settle a lawsuit that the Federal Trade Commission brought over the incident. The FTC announced the agreement on Thursday. Under the terms of the …