Maria Deutscher
Latest from Maria Deutscher
Twitter grows revenue by 22% in fourth quarter but misses expectations
Twitter Inc. today posted fourth-quarter revenue of $1.57 billion, 22% more than a year ago but slightly less than what analysts were expecting. While Twitter logged sales of $1.57 billion in the three months ended Dec. 31, analysts polled for the Refinitiv consensus estimate were expecting $1.58 billion. The company’s adjusted earnings, in turn, amounted ...
Pure Storage and AWS announce strategic investment to simplify Kubernetes deployments
Pure Storage Inc. and Amazon Web Services Inc. today announced a three-year strategic investment to help enterprises more easily manage their cloud-based software container environments. A growing number of companies are adopting software containers in their application projects. Many of those organizations are deploying their containerized workloads on AWS’ Amazon Elastic Kubernetes Service. Amazon EKS ...
Operational analytics startup Census raises $60M round led by Tiger Global
Operational analytics startup Census has closed a $60 million funding round that was led by Tiger Global with participation from Insight Partners, Sequoia and Andreessen Horowitz. Census, incorporated as Sutro Labs Inc., announced the Series B investment today. The startup will invest the funding in business growth initiatives and software development. San Francisco-based Census provides ...
Shares of Avaya plunge after first-quarter results miss expectations
Shares of communications software provider Avaya Holdings Corp. dropped more than 21% in trading today after the company posted first-quarter financial results that missed expectations. NYSE-traded Avaya provides software products for business collaboration and contact center management. Like many other established players in the enterprise technology market, the company is currently working to refocus its ...
Samsung debuts new flagship Galaxy S22 Ultra smartphone and upgraded tablets
Samsung Electronics Co. Ltd. today introduced a new iteration of its flagship Galaxy S smartphone series, as well as three upgraded Galaxy Tab tablets that feature extensive hardware improvements. Samsung’s new top-end smartphone is the Galaxy S22 Ultra, a 6.8-inch Android handset that will become available for order from $1,200. The premium price tag will ...
Amazon rolls out its Amazon Care telehealth service nationwide
Amazon.com Inc. this morning announced that Amazon Care, its telehealth service, is now available throughout the U.S. First introduced in 2019, Amazon Care enables users to schedule telehealth sessions with a doctor or a nurse through a mobile app. The service also allows users to request that a medical professional visit them at home. While ...
Quantum computing company D-Wave to go public via SPAC merger
Quantum computer maker D-Wave Systems Inc. today announced that it will go public by merging with DPCM Capital Inc., a special-purpose acquisition company. A SPAC is a company created for the specific purpose of taking another firm public. D-Wave expects to raise as much as $340 million through the transaction. Once the deal closes, the ...
DataStax introduces new cybersecurity features for its serverless Astra DB database
Database provider DataStax Inc. today introduced new cybersecurity features to help enterprises more effectively protect their business information from hacking attempts. Santa Clara, California-based DataStax is backed by more than $227 million in venture funding. Its flagship product is Astra DB, a cloud-based NoSQL database that helps companies store and process their business information. Astra ...
Flexport raises $935M at $8B+ valuation for logistics management platform
Logistics startup Flexport Inc. today announced that it has closed a $935 million late-stage investment at a valuation exceeding $8 billion. Andreessen Horowitz and MSD Partners led the Series E investment. Flexport previously raised $1 billion in 2019 at a reported valuation of $3.2 billion. San Francisco-based Flexport provides a platform that enables companies such ...
Intel launches $1B fund focused on chip foundry ecosystem
Intel Corp. is launching a $1 billion fund to invest in technologies and companies that can help customers of its chip foundry business bring new processors to market faster. The fund was announced this morning. It’s the result of a collaboration between Intel’s venture capital arm and its recently launched Intel Foundry Services, or IFS, ...