Maria Deutscher
Latest from Maria Deutscher
Amazon.com Inc. has settled two antitrust investigations launched by the European Commission, the European Union’s executive branch, into its e-commerce marketplace. The development was announced today. As part of the settlement, Amazon will modify several business practices that drew antitrust scrutiny. Amazon …
Autonomous driving startup Helm.ai raises $31M in new funding
Helm.ai Inc., the developer of a software platform that automakers can use to power self-driving vehicles, today announced that it has closed a $31 million funding round. The Series C round was led by Freeman Group. Honda Motor Co., ACVC Partners and …
EU issues statement of objections over Meta’s classified ad practices
The European Commission, the European Union’s executive branch, today issued a statement of objections to Meta Platforms Inc. over its business practices in the classified ad market. Meta competes in the classified ad market with its Facebook Marketplace service. Last year, the …
Meta shares new details about metaverse investments
Meta Platforms Inc. today shared new details about its metaverse investments and announced plans to launch an updated version of the Oculus Rift 2 virtual reality headset next year. Meta obtained the Oculus line of VR headsets in 2014 through a $2 …
Intel debuts new release of its oneAPI multiprocessor software toolkit
Intel Corp. today introduced a new version of its oneAPI toolkit, which enables developers to build applications that can run on multiple types of processors. Many companies’ technology environments contain multiple kinds of chips. An organization might, for example, run its databases …
Satellite company Maxar to be acquired by Advent International for $6.4B
Private equity firm Advent International today announced plans to acquire Maxar Technologies Inc., a major satellite manufacturer and operator, for $6.4 billion. The deal includes about $2 billion in debt. It values Maxar at $53 per share, a 129% premium to the Thursday …
Dropbox acquires document management startup FormSwift for $95M
Dropbox Inc. has inked a $95 million deal to buy startup FormSwift, which provides a cloud service that companies use to draft business documents. The company announced the acquisition today. The all-cash transaction closed on Thursday. San Francisco-based FormSwift provides a cloud service …
Blockchain startup Aztec Network raises $100M round led by Andreessen Horowitz
Blockchain startup Aztec Network today announced that it has secured a $100 million funding round led by Andreessen Horowitz. More than a half-dozen other investors also participated in the Series B round, which follows a $17 million raise that Aztec Network closed …
Kyndryl introduces new cloud-native professional service offerings
Kyndryl Holdings Inc. today introduced new professional service offerings that will help organizations build and manage cloud applications. Kyndryl operated as a division of IBM Corp. until last November, when it spun out to become an independent company. Its shares are listed …
AWS, Microsoft, Meta and TomTom launch open map data consortium
Amazon Web Services Inc., Microsoft Corp., Meta Platforms Inc. and GPS navigator maker TomTom NV today launched a new industry group focused on making map data more accessible. The newly launched Overture Maps Foundation will operate as part of the Linux Foundation. …