Maria Deutscher
Latest from Maria Deutscher
Microsoft Corp.’s GitHub unit today made Copilot for Business, its artificial intelligence code generation service, generally available. The service is based on a tool called Copilot that GitHub first previewed in 2021. Both offerings are designed to increase developer productivity by automatically …
GlobalFoundries stock jumps after better-than-expected quarterly results
Shares of chip manufacturer GlobalFoundries Inc. gained more than 6.6% in trading today after the company posted better-than-expected financial results for the fourth quarter. Malta, New York-based GlobalFoundries generated revenues of $2.1 billion in the quarter ended Dec. 31. That represents a …
Cloud growth fuels strong quarterly results at Teradata
Shares of Teradata Corp. jumped more than 15% today after the company reported better-than-expected financial results for the fourth quarter. San Diego-based Teradata is a major provider of data management software. Its flagship offering is Vantage, an analytics platform that companies can …
Check Point Software tops fourth-quarter earnings expectations
Check Point Software Technologies Ltd. generated higher net income and revenue in the fourth quarter than analysts had projected thanks to strong demand for its cybersecurity software. The company reported financial results today. Israel-based Check Point is a major player in the …
Twilio lets go 17% of employees in latest workforce reduction
Twilio Inc. today announced that it will let go 17% of its employees in an effort to lower costs. The layoffs come four months after an earlier round of job cuts that saw the company reduce its headcount by 11%. The move …
Microsoft reportedly makes job cuts across metaverse, Surface and Xbox units
Microsoft Corp. has reportedly cut jobs at the business units responsible for developing its Surface device lineup, Xbox video game console and metaverse products. Bloomberg reported the development today, citing sources familiar with the matter. The layoffs are said to have been …
Vehicle data provider Otonomo to merge into Urgently
Otonomo Technologies Ltd., a publicly traded provider of vehicle data, will merge with privately held startup Urgently Inc. in an all-stock transaction. The merger was announced on Thursday. Otonomo shareholders are set to receive an approximately 33% stake in the combined company. …
China’s JD.com announces plans for ChatGPT rival
JD.com Inc., the largest online retailer in China, has announced plans to introduce an artificial intelligence chatbot with similar features as OpenAI LLC’s ChatGPT. CNBC reported the development today. JD.com’s chatbot will reportedly be known as ChatJD and is described as an …
Yahoo will lay off 1,600+ workers as part of ad unit restructuring initiative
Yahoo Inc. will lay off more than 1,600 employees, or about 20% of its workforce, as part of an effort to streamline its unprofitable advertising technology business. The news was first reported by Axios this morning. Yahoo, a major player in the …
Meta completes Within Unlimited acquisition after winning antitrust case
Meta Platforms Inc. on Wednesday completed its acquisition of virtual reality startup Within Unlimited Inc. after winning a high-profile antitrust lawsuit focused on the deal. The acquisition reportedly valued Within at $400 million. Previously, the Los Angeles-based startup raised $52.5 million in …