Maria Deutscher
Latest from Maria Deutscher
Palantir shares plunge on mixed first-quarter earnings and guidance
Palantir Technologies Inc. today posted mixed first-quarter financial results and a lower-than-expected revenue guidance, sending its shares tumbling more than 20% on the Nasda exchange. The Denver, Colorado-based company makes software that enables organizations to collect data from many different sources and analyze it to find insights. The company originally focused on public-sector customers such ...
Government agencies and state firms in China will reportedly replace foreign PCs
China has ordered central government agencies and state firms to replace personal computers from foreign companies with domestic alternatives, Bloomberg reported today. Staffers at organizations to which the order applies were reportedly asked to turn in foreign PCs after a recent weeklong break. The plan is expected to be carried out over the next two ...
Google Cloud is forming a dedicated Web3 team
Google LLC’s cloud division is forming a new team that will focus on the Web3 ecosystem. The team will reportedly be led by James Tromans, a technical director at Google Cloud who joined the division in 2019. Tromans previously worked at Citigroup Inc. in various executive roles. The Web3 team is set to include Google ...
Datadog reports 83% quarterly revenue jump and buys Hdiv Security
Cloud monitoring provider Datadog Inc. today posted fiscal first-quarter financial results that exceeded analysts’ revenue and profit expectations. The company also announced that it’s acquiring Spain-based cybersecurity startup Hdiv Security SL. The financial terms of the deal were not disclosed. Nasdaq-listed Datadog provides a platform that companies use to monitor their infrastructure technology environments, and in particular ...
Apple, Google and Microsoft to roll out new passwordless login features
Apple Inc., Google LLC and Microsoft Corp. today announced plans to roll out new passwordless login features across their respective platforms. The new features are expected to become available over the next year. Passwords are susceptible to hacking and can be difficult for users to manage. To address those issues, Apple, Google and Microsoft have ...
Elon Musk secures $7.14B in new equity commitments for Twitter acquisition
Elon Musk has secured $7.14 billion in equity commitments from more than a dozen investors to help finance his acquisition of Twitter Inc., the Tesla Inc. chief executive disclosed today. Musk last month made an offer to acquire Twitter for $43 billion. A few weeks later, the social network’s board accepted the offer at a ...
Prisma nabs $40M to simplify application data management for developers
Startup Prisma Data Inc. on Tuesday announced that it has raised $40 million in funding for its namesake database tool, which helps developers manage the information used by their applications. Altimeter led the Series B funding round with participation from returning backers Amplify Partners and Kleiner Perkins. A number of angel investors participated as well. ...
Application monitoring startup Sentry closes $90M round at $3B valuation
Sentry, which provides a software platform used by 3.5 million developers to fix malfunctions in their applications, today announced that it has closed a $90 million funding round. The round values Sentry, officially Functional Software Inc., at $3 billion. BOND and Accel were the lead investors. Fixing a malfunction in an application involves multiple steps. ...
Uber tops first-quarter revenue estimates but share price drops
Uber Technologies Inc. today reported that its revenue jumped 136% year-over-year during the first quarter, to $6.85 billion, but its shares declined more than 8% in trading after the opening bell. The share price decline may be related to the $5.6 billion loss that Uber generated during the quarter. The ride-hailing giant attributed it primarily to losses ...
Lumos raises $30M+ to help companies manage their cloud applications
Startup Lumos App Inc., which helps companies manage the software-as-a-service applications used by their employees, today launched from stealth mode with more than $30 million in initial funding. Lumos raised the capital from a group of investors that included Andreessen Horowitz. Prominent technology investor Lachy Groom, OpenAI LLC Chief Technology Officer Greg Brockman and Phil ...