Maria Deutscher
Latest from Maria Deutscher
OpenAI Inc. is reportedly seeking to raise a funding round from Microsoft Corp., which invested $1 billion in the artificial intelligence research group three years ago. The development was reported by The Information and the Wall Street Journal on Thursday. OpenAI is …
Google fined $162M in India over Android business practices
India’s competition regulator, the Competition Commission of India, today issued a fine of $161.9 million to Google LLC over its business practices in the Android ecosystem. The regulator also ordered the search giant to change some of its business practices. Android is the …
Google releases open-source tool for evaluating software security
Google LLC today introduced GUAC, an open-source cybersecurity tool that companies can use to find potential vulnerabilities in their software. Google developed GUAC in collaboration with Kusari, Purdue University and Citibank NA. Going forward, development on the project will be carried out with support …
Banyan secures $43M for its purchase data platform
Banyan, a startup that helps companies more closely align their products and sales promotions with customer preferences, has closed a $43 million early-stage investment. Banyan, incorporated as Rotomaire Inc., announced the Series A investment this morning. The newly raised financing consists of …
Uber launches ad unit to advance revenue growth plans
Uber Technologies Inc. has launched a new advertising unit that will enable brands to deliver ads to the company’s 122 million monthly active users. Uber announced the launch of the unit today. According to the Financial Times, the company is seeking to …
Gartner: Worldwide IT spending will grow 5.1% in 2023
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 …