Maria Deutscher
Latest from Maria Deutscher
Silver Lake to take Software AG private after acquiring 63%+ stake
Silver Lake plans to take Software AG private after acquiring a more than 63% stake in the Germany-based business software maker. The private equity firm disclosed its majority stake on Thursday. Additionally, Silver Lake detailed that it has bought a significant number of convertible Software AG notes. Those notes can be turned into stock corresponding ...
Google to remove links to Canadian news websites from search results
Google LLC will remove links to Canadian news websites from several services, including its flagship search engine, in response to a recently passed law. The company announced the decision today. The law in question, Bill C-18, was officially approved last week. It will require major online platform operators such as Google to compensate publishers for ...
Microsoft introduces new AI shopping features for Bing and Edge
Microsoft Corp. is adding new artificial intelligence features to Bing and Edge that are designed to speed up the online shopping experience for consumers, as well as help them save money. The features, which debuted today, complement a number of existing shopping features in Edge. Those features speed up tasks such as finding coupon codes ...
OpenAI and Microsoft face new class-action lawsuit over ChatGPT
A newly filed class-action lawsuit claims that OpenAI LP collected personal information belonging to millions of people without their permission. The complaint, which was submitted on Wednesday to a San Francisco federal court, also names Microsoft Corp. as a defendant. Microsoft has reportedly invested $13 billion in OpenAI over the past few years and closely ...
EU proposes to establish legal framework for potential digital euro
The European Commission, the European Union’s executive branch, today released a legislative proposal that could potentially pave the way to a digital version of the euro. Officials also detailed a second proposal that seeks to ensure cash will continue to be widely accepted in the bloc. “The digital euro will further strengthen the international role ...
Optical interconnect startup Celestial AI raises $100M to tackle AI’s ‘memory wall challenge’
Celestial AI Inc., a startup developing optical chip technology to speed up artificial intelligence models, today announced that it has raised $100 million in funding. The round included contributions from the venture capital arms of Samsung Electronics Co. Ltd. and Porsche AG. IMEC, one of the world’s largest nanoelectronics research labs, participated as well along ...
Astrix Security nabs $25M to detect vulnerable application integrations
Astrix Security Ltd., a startup helping enterprises detect insecure applications with access to their internal data, has raised $25 million in funding. The startup detailed in its announcement of the round today that CRV was the lead investor. Bessemer Venture Partners and F2 Venture Capital also contributed to the round, which is described as a ...
Parabola reels in $24M for its data management automation platform
Automation startup Parabola Labs Inc. today announced that it has closed a $24 million investment led by OpenView. The investment, a Series B round, also included contributions from more than a half-dozen other backers. Flexport Inc. and Webflow Inc., two well-funded startups that compete in the logistics and web development markets, respectively, were among the ...
Dexory raises $19M for its robot-powered warehouse monitoring platform
Dexory Ltd., a U.K. startup using 39-foot-tall robots to make logistics warehouses more efficient, has secured $19 million in new funding. Announced today, the Series A round was led by Atomico with participation from several returning investors. Among returning investors was the venture capital arm of logistics giant Maersk A/S. Maersk is also a customer. ...
HashiCorp acquires startup BluBracket for its secrets detection technology
HashiCorp Inc. is buying BluBracket Inc., a venture-backed startup with software that helps developers catch and fix insecure code before it’s released. HashiCorp announced the deal today without disclosing the financial terms. BluBracket previously raised $18.5 million in funding. BluBracket provides a software platform that helps development teams find cybersecurity issues in their code. It ...