Maria Deutscher
Latest from Maria Deutscher
Research firm Gartner Inc. projects that worldwide information technology spending will climb 5.1% year-over-year in 2023, to $4.6 trillion. Gartner released its forecast today against the backdrop of its Gartner IT Symposium/Xpo event. According to the research firm, the rise in IT …
Oracle enhances Fusion Cloud application suite with new healthcare capabilities
Oracle Corp. is updating its Fusion Cloud suite of cloud-based business applications with a set of new capabilities focused on the healthcare sector. The company announced the enhancements today at its annual CloudWorld event in Las Vegas. Fusion Cloud is a suite …
Microsoft launches round of layoffs affecting fewer than 1,000 workers
Microsoft Corp. has made a new round of job cuts as part of its efforts to reduce operating costs. The company confirmed the move on Monday following a report in Axios. According to the publication, the job cuts were implemented “across a …
Activist investor Starboard Value buys stake in Salesforce
Activist investor Starboard Value LP has bought a stake in Salesforce Inc., CNBC reported today. Starboard Chief Executive Officer Jeff Smith told CNBC that the firm’s stake in Salesforce is “significant” but didn’t disclose the value of the stake. Salesforce has a …
Oracle debuts Alloy infrastructure platform and new data lakehouse
Oracle Corp. today debuted an infrastructure platform for powering on-premises cloud environments, new public cloud services and several major updates to its database portfolio. The company made the announcements at its annual Oracle CloudWorld event running this week in Las Vegas. Oracle …
Tricentis debuts new tools to ease software testing for developers
Tricentis today updated NeoLoad, its platform for measuring the speed of enterprise applications, and debuted two new software testing tools. Tricentis is a major provider of tools for evaluating the reliability of enterprise software. The company’s products are used by Microsoft Corp., …
Snowflake invests in the OpenAP ad analytics consortium
Snowflake Inc. has made an investment in OpenAP, an advertising technology consortium backed by several of the largest broadcasting companies in the U.S. Snowflake announced the investment today. The company, which carried out the transaction through its venture capital arm, reportedly bought …
AI startup Stability AI raises $101M in new funding
Artificial intelligence startup Stability AI Ltd. has secured a $101 million funding round led by Coatue, Lightspeed Venture Partners and O’Shaughnessy Ventures. The London-based startup announced the investment today. According to Bloomberg, it’s now valued at $1 billion. Stability AI is the developer …
Warehouse robot maker Ambi Robotics nabs $32M in funding
Startup Ambi Robotics Inc. today announced that it has secured $32 million in new funding to support product development and go-to-market initiatives. The capital was provided by Tiger Global, Bow Capital, Ahren Innovation Capital and Pitney Bowes Inc., an Ambi customer. Pitney …
US Army reportedly planning $1B cloud migration contract
The U.S. Army is planning to issue a cloud migration contract worth about $1 billion as part of its information technology modernization efforts. Officials detailed the Enterprise Application Modernization and Migration, or EAMM, contract, on Thursday. Multiple suppliers are expected to participate. …