Maria Deutscher
Latest from Maria Deutscher
SEC plans to nearly double its Crypto Assets and Cyber Unit
The U.S. Securities and Exchange Commission today announced plans to nearly double its Crypto Assets and Cyber Unit to 50 staffers. The Crypto Assets and Cyber Unit is part of the SEC’s Division of Enforcement and was previously known simply as the Cyber Unit. Its responsibilities include, among other tasks, investigating securities law violations related to ...
Kintent raises $18M to simplify cybersecurity compliance for companies
Startup Kintent Inc., which helps companies more easily comply with cybersecurity regulations, today announced that it has raised a $18 million funding round led by OpenView. The round also included the participation of Tola Capital, which led Kintent’s previous $4 million raise in 2021. Kintent will use the funding to double its 25-person team by ...
Accern raises $20M to simplify natural language processing for financial firms
Accern Corp., a natural language processing startup focused on the financial services sector, today announced that it has closed a $20 million funding round co-led by Mighty Capital and Fusion Fund. The Series B round follows two years in which Accern’s revenue has reportedly increased by a factor of nine. The startup’s total outside funding ...
Report: Meta to launch four new virtual reality headsets by 2024
Meta Platforms Inc. plans to introduce four new virtual reality headsets by 2024, The Information reported today. The first headset, known internally as Project Cambria, is expected to make its debut in September. A source told The Information that Meta had originally planned to release the device last year but delayed the launch because of ...
EU finds Apple engaged in anticompetitive practices with Apple Pay
The European Commission, the European Union’s executive arm, has formed the preliminary view that Apple Inc. used anticompetitive practices to give its Apple Pay digital wallet an edge over rivals. The European Commission released its findings today. Apple Pay is a digital wallet app from Apple that enables iOS users to make purchases online and ...
AI research company Anthropic raises $580M in funding
Artificial intelligence research company Anthropic today announced that it has raised a $580 million funding round to support its work. The Series B round was led by Sam Bankman-Fried, founder and chief executive of cryptocurrency exchange FTX Trading Ltd. Caroline Ellison, Jim McClave, Nishad Singh, Jaan Tallinn and the Center for Emerging Risk Research participated as ...
China reportedly will pause regulatory crackdown on local tech giants
China is preparing to pause its regulatory crackdown on local tech giants, the Wall Street Journal reported today. Over the past year, China has rolled out an array of regulatory steps focused on the country’s leading technology companies. The move has affected gig economy players such as food delivery providers, online education firms and others. ...
Report: EU could bring antitrust charges against Apple next week over Apple Pay
The European Union could soon bring antitrust charges against Apple Inc. over the way that the company operates its Apple Pay digital wallet, the Financial Times reported today. The paper cited people with knowledge of the matter as saying that the charges may be brought as soon as next week. However, there’s reportedly a chance ...
Google Cloud debuts new SWIFT reference architecture for the financial sector
Google LLC today introduced a new reference architecture designed to help financial institutions deploy technology from SWIFT SC on its public cloud platform. SWIFT, for the Society for Worldwide Interbank Financial Telecommunication, is a Belgium-based organization that operates an international payments network of the same name. The SWIFT network is one of the financial sector’s ...
Twitter posts mixed first-quarter financial results amid Elon Musk acquisition
Twitter Inc. today released a mixed first-quarter earnings report, disclosing that revenue climbed 16% in the three months through March 31 to reach $1.2 billion. The earnings report comes days after Twitter accepted a $44 billion acquisition offer from Tesla Inc. Chief Executive Officer Elon Musk. The offer values the company at $52.4 per share, ...