Maria Deutscher
Latest from Maria Deutscher
Elliott Investment Management LP is scrapping its plan to nominate new directors to Salesforce Inc.’s board, the activist investor announced today. The development comes a few weeks after Salesforce posted better-than-expected quarterly earnings. Elliott first signaled it may change its stance the …
First Citizens Bank to buy Silicon Valley Bridge Bank
First Citizens Bank, a major financial institution with more than $100 billion in assets under management, has agreed to acquire Silicon Valley Bridge Bank. The transaction was announced this morning. Silicon Valley Bridge Bank is the entity to which regulators moved the …
UK narrows antitrust probe into Microsoft’s Activision Blizzard acquisition
The U.K.’s antitrust regulator will narrow the focus of its probe into Microsoft Corp.’s plan to buy Activision Blizzard Inc. for $68.7 billion. The Competition and Markets Authority, or CMA, disclosed the development today. Microsoft announced its plans to acquire Activision Blizzard …
OpenAI debuts new plugin feature for ChatGPT
OpenAI LP today introduced a plugin feature for ChatGPT that will enable developers to extend the chatbot with new capabilities. The feature will initially become available to a “small set” of users, according to a company blog post. OpenAI plans to make …
Terraform Labs co-founder Do Kwon arrested in Montenegro
Police in Montenegro have apprehended Do Kwon, the co-founder and former Chief Executive Officer of cryptocurrency company Terraform Labs Pte Ltd. Montenegro’s interior ministry announced the arrest today in a statement obtained by Bloomberg. According to the statement, Kwon was arrested at …
Secureworks shares climb on better-than-expected quarterly results
Shares of Secureworks Inc. climbed more than 4% today after the company reported that its Taegis cybersecurity platform experienced strong revenue growth in the fourth quarter. Atlanta-based Secureworks is a major provider of cybersecurity software and services. Its flagship offering is the …
UK raises antitrust concerns over Broadcom’s proposed VMware acquisition
The U.K.’s antitrust regulator is concerned that Broadcom Inc.’s proposed $61 billion acquisition of VMware Inc. could raise server prices. The Competition and Markets Authority, or CMA, publicized its position today. The development follows the conclusion of an inquiry into the deal …
ServiceNow extends its Now platform with new AI and cybersecurity features
ServiceNow Inc. is rolling out a new version of its Now platform that features several artificial intelligence and cybersecurity enhancements. The new version, known as the Utah release, made its debut today. ServiceNow’s Now platform helps information technology teams process technical support …
GitHub debuts AI-powered Copilot X coding assistant
Microsoft Corp.’s GitHub unit today debuted Copilot X, an artificial intelligence tool powered partly by GPT-4 that can help developers write code faster. The tool is an enhanced version of the Copilot coding assistant that GitHub debuted in mid-2021. It offers an array …
Adobe expands cloud portfolio with new product analytics service
Adobe Inc. today introduced a new cloud service that can help companies find opportunities to improve their applications and websites. The service, Adobe Product Analytics, joins the software maker’s Experience Cloud portfolio of marketing applications. It will complement the existing analytics tools …