Maria Deutscher
Latest from Maria Deutscher
Hackers breach Instagram page of Bored Ape Yacht Club and steal NFTs
Hackers breached the Instagram page of Bored Ape Yacht Club, a popular nonfungible token collection, and used the page to steal digital assets estimated to be worth about $3 million. Yuga Labs LLC, the company that created the Bored Ape Yacht Club collection, disclosed the breach today. A nonfungible token or NFT is a unique ...
UiPath teams up with Finastra to simplify RPA for financial firms
UiPath Inc. and Finastra Ltd. today announced a partnership focused on making it easier for companies in the financial sector to adopt robotic process automation. Publicly traded UiPath is a leading provider of robotic process automation, or RPA, software. The company’s software can observe how workers perform a given task in a business application and ...
Twitter accepts Elon Musk’s $44B acquisition offer
After weeks of drama, Twitter Inc.’s board of directors today accepted Elon Musk’s offer to buy the company. Musk earlier this month made an offer to acquire Twitter for $43 billion. In response, the company’s board implemented a so-called poison pill plan for one year. The move was designed to make it more difficult for ...
Agility Robotics raises $150M for its bipedal warehouse robots
Oregon-based robotics startup Agility Robotics Inc. today announced that it has closed a $150 million funding round led by DCVC and Playground Global. The Series B round also included the participation of a half-dozen other backers, including Amazon.com Inc.’s newly launched Amazon Industrial Innovation Fund. The online retail and technology giant announced the investment vehicle ...
Stripe will enable companies to pay users in cryptocurrency through its platform
Stripe Inc. will enable companies to pay their users in cryptocurrency through its popular payment processing platform. The first company to sign up is Twitter Inc., Stripe detailed in its announcement of the move today. Twitter offers a growing lineup of content monetization features for creators. Through the partnership with Stripe, the social media company ...
In Stanford speech, Barack Obama calls for new steps to combat misinformation
Former President Barack Obama on Thursday warned of the dangers posed by misinformation on social media and called for regulatory changes to address the issue. “With the rise of social media and the need to better understand people’s online behavior, in order to sell more advertising, companies want to collect more data,” Obama said in ...
Freight orchestration startup Convoy raises $260M at $3.8B valuation
Convoy Inc., a logistics startup on track to generate more than $1 billion in revenue this year, today announced that it has raised $260 million from investors at a $3.8 billion valuation. The financing included a $160 million Series E preferred equity funding round led by Baillie Gifford and T. Rowe Price. The remaining $100 ...
Amazon launches $1B fund to invest in supply chain technology companies
Amazon.com Inc. today announced plans to invest $1 billion in companies developing supply chain technologies such as warehouse robots. The investments will be made through a new fund known as the Amazon Industrial Innovation Fund. Amazon said that it plans to back a variety of companies ranging from early-stage startups to more established firms. The ...
Elon Musk secures $46.5B in financing commitments to acquire Twitter
Elon Musk has secured $46.5 billion in financing commitments to take Twitter Inc. private, according to a filing with the U.S. Securities and Exchange Commission that was released today. Earlier this month, Musk announced that he had bought a 9.2% stake in Twitter worth about $2.89 billion. Shortly thereafter, the Tesla Inc. Chief Executive made ...
Amazon invests in 37 new renewable energy projects
Amazon.com Inc. today announced that it’s investing in 37 new renewable energy projects around the world, including wind farms, solar farms and rooftop solar panel installations. The investment is expected to make an additional 3 gigawatts of clean energy capacity available for the company. Amazon eventually plans to power its entire operations using clean energy ...