Maria Deutscher
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Amazon partners with spaceflight companies to launch its internet satellites into orbit
Amazon.com Inc. today announced that it has inked agreements with rocket makers Blue Origin LLC, ULA LLC and Arianespace SA to launch thousands of internet satellites into space. The agreements cover 83 rocket launches. Blue Origin, ULA and Arianespace will send internet satellites from Amazon’s Project Kuiper subsidiary to low Earth orbit. Project Kuiper’s goal ...
LinkSquares raises $100M for its AI-powered contract management platform
LinkSquares Inc., a startup using artificial intelligence to help companies more easily manage contracts, has raised $100 million in funding at a $800 million valuation. LinkSquares announced the funding round this morning. G Squared was the lead investor, and G2 Venture Partners and a number of returning backers participated as well. A large enterprise produces ...
AMD acquires data center chip startup Pensando for $1.9B
Advanced Micro Devices Inc. today announced plans to acquire data center chip startup Pensando Systems Inc. for about $1.9 billion. AMD expects to complete the acquisition by the end of the quarter. After the deal closes, Pensando will become part of AMD’s Data Center Solutions Group. In a data center, only a portion of the ...
Elon Musk becomes Twitter’s largest shareholder after buying 9.2% stake, joins board
Updated: Tesla Inc. Chief Executive Officer Elon Musk is now Twitter Inc.’s largest shareholder, according to a regulatory filing published on Monday. A 13G filing submitted to the U.S. Securities and Exchange Commission has revealed that Musk (pictured) purchased 73,486,938 shares of Twitter on March 14. The shares represent a 9.2% stake in the company. ...
Workers at Amazon’s Staten Island fulfillment center vote to unionize
Workers at Amazon.com Inc.’s JFK8 fulfillment center in Staten Island have voted to form a union, the New York Times reported today. The facility is Amazon’s sole fulfillment center in New York City. With more than 8,300 workers, it’s reportedly also the largest of the four facilities that the online retail and technology giant operates ...
Two teenagers charged in connection with Lapsus$ cyberattacks
Two U.K. teenagers have been charged in connection with an investigation into the Lapsus$ hacking group, the BBC reported today. The teenagers, aged 16 and 17, reportedly face multiple charges. Both face three counts of unauthorized access to a computer with intent to impair the reliability of data, one count of fraud by false representation and ...
Antimatter raises $12M to ease cybersecurity for software-as-a-service providers
Cybersecurity startup Antimatter today launched from stealth mode and announced that it has closed a $12 million early-stage funding round led by NEA. More than a half-dozen other investors participated in the Series A round as well. They included General Catalyst and UNION Labs, as well as the founders of Snowflake Inc., Databricks Inc., VMware ...
Microsoft acquires process mining startup Minit
Microsoft Corp. today announced that it has acquired Minit j.s.a., a startup focused on helping organizations make their business operations more efficient. The terms of the deal were not disclosed. Slovakia-based Minit previously raised more than $10 million in funding from investors that included Salesforce.com Inc.’s venture capital arm. Minit provides a process mining platform ...
Intel acquires infrastructure optimization startup Granulate for a reported $650M
Intel Corp. is acquiring Granulate Cloud Solutions Ltd., a startup that uses artificial intelligence to help companies speed up their applications and reduce infrastructure costs. Intel announced the deal this morning. It didn’t disclose financial terms, but TechCrunch cited multiple sources as saying the acquisition price was $650 million. The amount of data center infrastructure ...
Waymo to test fully autonomous ride-hailing service in San Francisco and Phoenix
Waymo LLC plans to test a ride-hailing service in San Francisco and Phoenix that will use autonomous vehicles capable of operating without a safety driver behind the wheel. The Alphabet Inc. unit announced the move today. In San Francisco, Waymo already operates a fleet of autonomous vehicles that users can access through a mobile app. Currently, ...