Maria Deutscher
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Intel debuts ‘world’s fastest’ desktop processor
Intel Corp. today detailed the Core i9-12900KS, a new central processing unit that it touts as the world’s fastest desktop processor. The introduction of the CPU comes shortly after Advanced Micro Devices Inc. debuted a competing chip also described as the world’s fastest desktop processor. The newly detailed i9-12900KS is based on Intel’s Alder Lake ...
HP acquires communications hardware maker Poly for $3.3B
HP Inc. today announced that it’s acquiring Poly, a major maker of business headsets and conference phones, in a $3.3 billion all-cash transaction. The $3.3 billion price tag represents a more than 50% premium to the last closing price of Poly’s stock. HP expects to close the transaction by the end of the year. NYSE-listed ...
Remote work equipment startup Firstbase raises $50M round led by Kleiner Perkins
Firstbase Inc., a startup that helps companies issue laptops and other equipment to remote workers, has closed a $50 million funding round led by Kleiner Perkins. The company announced the investment this morning. Andreessen Horowitz, Alpaca VC and Forum Ventures also contributed to the round. Founded in 2019, Firstbase provides a cloud service that helps organizations ...
US and EU reach preliminary agreement on transatlantic data transfers
The U.S. and the European Union have reached a preliminary agreement to allow transatlantic data transfers, President Joe Biden and European Commission President Ursula von der Leyen announced today in a joint press statement. Many tech firms store the data of their EU-based users in U.S. data centers. Until about two years ago, the practice ...
London police arrest 7 people in connection with investigation into Lapsus$
London police have arrested seven people as part of an investigation into the Lapsus$ hacking group, the BBC reported today. “Seven people 16 and 21 have been arrested in connection with an investigation into a hacking group,” the City of London Police told the BBC in a statement. “They have all been released under investigation. ...
Cloud file storage startup Nasuni nabs $60M after strong 2021 growth
Nasuni Corp. today announced that it has closed a $60 million funding round led by Sixth Street Growth after achieving strong revenue growth in 2021. The startup didn’t specify the valuation at which the funding was raised. However, Nasuni did divulge today that the valuation represents a “significant increase” over what it was worth at ...
Autodesk acquires extended reality software startup The Wild
Engineering software giant Autodesk Inc. is acquiring The Wild, a startup with tools that enable architects to review the design for a new building using a virtual reality headset. Autodesk announced the deal today without disclosing financial details. The Wild, incorporated as Wild Technologies Inc., earlier raised about $3.1 million in venture funding. Publicly traded ...
API marketplace startup RapidAPI raises $150M at $1B valuation
RapidAPI has secured $150 million in a new late-stage funding round at a $1 billion valuation to support the growth of its API Hub platform, which helps developers find application components that they can use to build software. Incorporated as R Software Inc., RapidAPI announced the Series D funding round this morning. The startup said SoftBank ...
Data orchestration specialist Astronomer raises $213M and acquires startup Datakin
Data orchestration startup Astronomer Inc. today announced that it has raised $213 million in funding from a consortium led by prolific enterprise software investor Insight Partners. Astronomer also disclosed on the occasion of the Series C round that it has acquired fellow startup Datakin. Berkeley, California-based Datakin helps organizations ensure their business information is accurate. ...
ServiceNow rolls out new RPA tool and expanded industry-specific capabilities
ServiceNow Inc. today debuted a new release of its Now Platform that introduces a robotic process automation tool, as well as an expanded collection of industry-specific features. ServiceNow’s Now Platform is used by information technology teams at many large enterprises to manage their day-to-day work. It can also help streamline the operations of other departments, ...