Maria Deutscher
Latest from Maria Deutscher
Mango Technologies Inc., a well-funded productivity software startup that does business as ClickUp, has let go 10% of its workforce or about 90 employees. The move was reported earlier today by TechCrunch. ClickUp confirmed the workforce reduction, saying it will be carried …
EU’s top court rules against Meta in key data privacy case
The European Union’s top court has issued a ruling that could lead to major changes in the way Meta Platforms Inc. operates its ad business. The Luxembourg-based Court of Justice of the European Union, or CJEU, released a summary of the ruling …
Report: US to restrict sale of AI cloud services to Chinese companies
The U.S. Commerce Department is reportedly readying new rules that would restrict American cloud providers from selling certain services to customers in China. The Wall Street Journal reported the development today, citing people familiar with the matter. The new sales curbs are …
Sweden orders three companies to stop using Google Analytics over privacy concerns
Sweden’s privacy regulator has ordered three local companies to stop using Google LLC’s ubiquitous Google Analytics service. The decision, which was made public today, follows several similar regulatory developments in other European Union member states. They all relate to a landmark verdict …
Apple reportedly scales back Vision Pro production because of design complexity
Apple Inc. will produce significantly fewer Vision Pro mixed reality headsets than originally planned, according to a new Financial Times report. The paper today cited sources as saying that the original plan was to make 1 million headsets in 2024. Apple is …
Rivian and Tesla shares jump on higher-than-expected vehicle deliveries
Shares of electric carmakers Rivian Automotive Inc. and Tesla Inc. jumped today after the companies reported that they had shipped more vehicles than expected in the second quarter. Irvine, California-based Rivian today posted the most significant car delivery increase in percentage terms. It …
UK finds Adobe’s $20B Figma acquisition may reduce market competition
The U.K.’s antitrust regulator has determined that Adobe Inc.’s planned acquisition of Figma Inc. could reduce competition in the local market for graphic design software. The Competition and Markets Authority, or CMA, released its findings today. Adobe has five business days to …
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 …
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 …
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 …