Maria Deutscher
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Bosch to acquire silicon carbide chip maker TSI Semiconductors
Robert Bosch GmbH today announced plans to buy TSI Semiconductors, a major maker of silicon carbide chips. The acquisition price was not disclosed. However, Bosch did divulge that it plans to spend $1.5 billion on upgrading TSI’s production lines. The company said that the investment will depend on federal funding opportunities and state-level economic development ...
Cybersecurity provider Lookout to sell consumer business to F-Secure for reported $223M
Cybersecurity provider Lookout Inc. is selling its consumer business, which develops a popular mobile antivirus with more than 200 million users worldwide. The buyer is F-Secure Corp., a competing antivirus maker. Lookout didn’t disclose the financial terms in its announcement of the transaction today. According to TechCrunch, the deal is believed to be worth about $223 ...
Digital.ai launches new platform release to streamline enterprise software projects
Digital.ai Software Inc. today updated its application development platform with new features designed to make programmers more productive. Raleigh, North Carolina-based Digital.ai was formed in 2020 through the merger of five enterprise software companies. Private equity firm TPG Capital, which carried out the transaction, invested $1 billion in the venture. The company says its customer ...
OpenAI adds new data controls to ChatGPT and previews business version
OpenAI LP today added new settings to the ChatGPT interface that will enable users to delete their chat histories and more easily export data. In conjunction, the startup announced plans to launch a business version of the service. Dubbed ChatGPT Business, the offering is set to roll out in the coming months. ChatGPT is an ...
Google releases new cybersecurity features for ChromeOS
Google LLC today introduced a set of new features for ChromeOS that will help companies protect business data and employee devices from hackers. The features made their debut at the annual RSA Conference in Las Vegas. ChromeOS is a Google-developed operating system that uses the search giant’s Chrome browser as its main interface. It’s widely ...
Google rolls out account synchronization feature to Google Authenticator
Google LLC has updated Google Authenticator, its two-factor authentication app, with a feature that will help users avoid losing access to their login credentials. The company released the new feature today along with a redesign of the app’s interface. Released in 2010, Google Authenticator allows users to enable two-factor authentication for their Google accounts. It ...
VMware debuts new cybersecurity tools at RSA 2023
VMware Inc. today introduced an array of new cybersecurity features that will make it easier for companies to block hacking attempts. Many of the features, which debuted at the RSA Conference that runs this week in San Francisco, are rolling out to the company’s NSX and Carbon Black Workload platforms. Others are becoming available as ...
Arm reportedly developing ‘advanced’ test chip for customers
Arm Ltd. is developing a test chip designed to demonstrate the capabilities of its technology to customers, according to a new report. The Financial Times on Sunday cited sources as saying that the project is Arm’s “most advanced” chipmaking initiative to date. The team spearheading the effort is reportedly led by former Qualcomm Inc. and ...
Lyft reportedly preparing to let go 30% of workforce
Lyft Inc. is reportedly planning to let go 30% of its workforce, or about 1,200 employees, in a bid to halve its operating expenses. The Wall Street Journal reported the plan today, citing sources familiar with the matter. Lyft confirmed the upcoming round of layoffs but didn’t specify how many jobs will be cut. “We ...
Weaviate reels in $50M for its AI-optimized vector database
Open-source database startup Weaviate B.V. today announced that it has secured a $50 million investment led by Index Ventures. Battery Ventures participated as well along with returning backers NEA, Cortical Ventures, Zetta Venture Partners and ING Ventures. The Series B round brings Weaviate’s total outside funding to $67.7 million. The startup will use the new ...