Maria Deutscher
Latest from Maria Deutscher
Report: Microsoft is pushing for wider multicloud adoption in the US public sector
Microsoft Corp. has reportedly launched an effort to encourage broader multicloud adoption among U.S. government agencies. The Wall Street Journal reported the move today, citing people familiar with the matter and a Microsoft document. The term multicloud describes the practice of sourcing cloud services from multiple providers instead of using only a single provider’s offerings. ...
Balance raises $56M to simplify business-to-business payments
Balance Payments Inc., a financial technology startup focused on the business-to-business market, today announced that it has secured a $56 million funding round. Forerunner Ventures was the lead investor in the Series B round. It was joined by the venture capital arms of Salesforce Inc. and HubSpot Inc., as well as more than a half ...
AWS rolls out new malware detection and container security features
Amazon Web Services Inc. is rolling out new features that will help customers more easily scan their cloud environments for malware and secure software container applications. The features made their debut today at the cloud giant’s AWS re:Inforce event. They’re becoming available as part of two existing services, Amazon GuardDuty and Amazon Detective, that AWS ...
Shopify lays off 10% of workforce amid slowing e-commerce growth
Shopify Inc., a publicly traded provider of e-commerce software, today announced plans to lay off about 10% of its workforce or about 1,000 employees. Shopify co-founder and Chief Executive Officer Tobias Lütke announced the layoffs in an internal memo that was also published on the company’s blog. Lütke cited slowing growth in the e-commerce sector ...
HPE’s Aruba unit debuts new AI features for automating network management
Hewlett Packard Enterprise Co.’s Aruba unit today introduced new artificial intelligence capabilities that promise to ease the management of corporate networks. Aruba supplies networking equipment for data centers, offices and other locations such as university campuses. The HPE unit also sells software that customers can use to manage deployments of its hardware. The new AI ...
Altruistiq raises $18M for its cloud-based sustainability platform
London-based startup Altruistiq today announced that it has raised £15 million, or about $18 million, in seed funding to help enterprises meet their sustainability goals. The investment was led by Molten Ventures with participation from Norrsken VC and multiple angel investors. Altruistiq, incorporated as Expanding Circle Ltd, launched in 2021 with a cloud-based platform that ...
Intel to produce chips for MediaTek as part of new partnership
Intel Corp. will manufacture chips for MediaTek Inc., a Taiwan-based semiconductor maker, as part of a partnership that the companies announced today. MediaTek is a fabless semiconductor maker, or a company that designs chips and partners with external manufacturers to produce them. Its products are used in smartphones, wireless modems and a wide range of ...
Theator raises $24M to advance surgical care with AI
Theator Inc., a startup using artificial intelligence to advance surgical care, today announced that it has secured $24 million in new funding. The funding was provided as an extension to a $15.5 million Series A round that Theator had announced in February. According to the startup, Insight Partners led both investments. Theator’s latest $15.5 million ...
Twitter misses earnings forecast amid litigation over Elon Musk acquisition
Twitter Inc. today posted second-quarter earnings and user growth numbers that missed analysts’ expectations. The company attributed its quarterly results partly to the ongoing litigation over its pending acquisition by Elon Musk. Musk indicated earlier this month that he intends to scrap the deal. In response, Twitter filed a lawsuit to enforce the acquisition agreement. ...
Google and Microsoft reportedly scale back hiring efforts
Google LLC and Microsoft Corp. are scaling back their hiring efforts, according to two reports published on Wednesday. A number of other major tech firms, among them Apple Inc., are also expected to limit the scope of their recruiting activities in the coming quarters. Google informed employees in an internal memo obtained by The Information ...