Maria Deutscher
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Report: Some chip firms may oppose current version of CHIPS Act
Multiple chip companies could reportedly oppose proposed legislation currently being considered by Congress that would provide funding and investment tax credits for the semiconductor industry. The news was reported today by Reuters, which attributed the information to sources familiar with the matter. Lawmakers are currently considering the CHIPS Act, a bill that would allocate $52 ...
UK antitrust regulator will reevaluate decision to unwind Meta’s Giphy acquisition
The U.K.’s antitrust regulator, the Competition and Markets Authority, will reevaluate an order that it issued last year to unwind Meta Platforms Inc.’s acquisition of Giphy. The CMA announced the move today. The regulator expects to complete its review of the order within three months. Giphy is a popular GIF sharing platform that Meta acquired ...
Report: Amazon is scaling back its private-label product lineup
Amazon.com Inc. has started reducing the number of private-label products that it sells through its e-commerce marketplace, the Wall Street Journal reported today. Amazon’s e-commerce marketplace offers access to goods sold by third-party merchants. There are also items that are sold by the e-commerce and cloud computing giant itself, which are known as private-label products. ...
Amazon to provide drone deliveries in College Station, Texas
Amazon.com Inc. will make its Prime Air drone delivery service available to consumers in College Station, Texas later this year, the company announced today. College Station is the second location where Amazon plans to make Prime Air available in 2022. The city has a population of about 115,000 people and is home to the main ...
Samsung debuts new high-speed memory chips for graphics cards
Samsung Electronics Co. Ltd. today debuted new DRAM memory chips that promise to provide significantly higher performance than the company’s previous-generation silicon. Dynamic random-access memory is a common type of memory that is widely used in both consumer devices and data center hardware. There are several versions of the technology on the market. Samsung’s new ...
Amazon offers commitments to address EU antitrust concerns
Amazon.com Inc. has offered to change some of its business practices to address antitrust concerns raised by European Union regulators. The European Commission, the EU’s executive arm, announced the development today. Amazon enables third-party merchants to sell their products on its e-commerce marketplace. Amazon also sells its own products on the marketplace and, in some ...
Search engine startup You nabs $25M in funding
You, a startup challenging Google LLC in the search engine market, today disclosed that it has closed a $25 million funding round led by Radical Ventures. A number of other investors participated as well. Breyer Capital, Norwest Venture Partners, Day One Ventures and Time Ventures, an investment fund operated by Salesforce.com Inc. founder Marc Benioff, ...
Software makers Unity and ironSource to merge in $4.4B deal
Publicly traded software companies Unity Software Inc. and ironSource Mobile Ltd. today announced plans to merge in a transaction worth $4.4 billion. San Francisco-based Unity sells a video game development platform of the same name that ranks as one of the most popular products in its category. The company also has a presence in other ...
Incident.io raises $28.7M to simplify companies’ incident response initiatives
Incident.io, a startup that helps companies respond to incidents such as application outages more efficiently, has raised a $28.7 million Series A funding round. The company detailed in its announcement of the round today that Index Ventures was the lead investor. Point Nine, Instagram co-founder Mike Krieger and Mantis VC participated as well. The investment ...
Google Cloud debuts Arm-based Tau T2A instances and batch processing service
Google LLC’s cloud business today introduced a new series of instances based on Arm Ltd. silicon and a managed service that promises to simplify batch processing tasks. Both offerings made their debut at the company’s Infrastructure Spotlight event. The latest addition to Google Cloud’s instance portfolio is the Tau T2A instance series. The series is ...