Maria Deutscher
Latest from Maria Deutscher
In chip roadmap update, Intel previews upcoming GPUs and process improvements
Intel Corp. today held its 2022 Investor Meeting, where executives detailed the new chips and semiconductor manufacturing technologies that the company plans to roll out in the coming years. Intel’s key objective for its chip development efforts is to regain industry leadership in transistor performance per watt by 2025. In the longer term, the company ...
Shares of Palantir drop after mixed fourth-quarter results
Data management and analytics provider Palantir Technologies Inc. today posted better-than-expected fourth-quarter revenue, but its earnings per share were lower than anticipated. The mixed results sent Palantir’s stock tumbling as much as 13% in trading this morning. The company’s shares have since recovered some of their losses. Palantir provides software that government organizations and enterprises ...
Technology services company Endava reports nearly 50% jump in quarterly revenue
London-based technology services provider Endava PLC today posted financial results for its fiscal second quarter, disclosing that revenue increased by almost 50% year-over-year, to £157.7 million. Endava went public in 2018 and trades on the New York Stock Exchange. It provides a broad range of technology services to organizations in areas such as the financial ...
Dun & Bradstreet inks 10-year cloud deal with Google Cloud
Dun & Bradstreet Holdings Inc., a major provider of data analytics tools and market intelligence, today announced that Google LLC’s cloud business will become its preferred cloud provider. Google Cloud will also collaborate with Dun & Bradstreet to bring new offerings to market. NYSE-traded Dun & Bradstreet provides a wide range of products designed to ...
Google launches multiyear initiative to improve Android privacy
Google LLC today said that it’s launching a multiyear initiative to improve privacy for users of its Android operating system. The initiative focuses on targeted mobile advertising. More than 90% of the apps on Google Play are free, the search giant says, and many of those apps make money by displaying targeted ads to users. ...
Low-code development startup Genesis raises $200M round led by Tiger Global
Genesis Global Technology Ltd., a startup with a low-code application development platform for financial services firms, today said it has closed a $200 million funding round led by Tiger Global. The Series C round also included the participation of several other prominent backers. Alphabet Inc.’s GV startup fund, Salesforce Ventures, Accel, Illuminate Financial, Insight Partners ...
Cybersecurity startup Securonix raises $1B+ after doubling recurring revenue
Cybersecurity startup Securonix Inc. today announced that it has raised more than $1 billion in fresh funding to fuel growth initiatives. The investment was led by private equity firm Vista Equity Partners, which counts major enterprise technology firms such as Tibco Software Inc. among its portfolio companies. Volition Capital and Eight Roads Ventures participated as ...
Google Workspace receives AI-generated text summaries and embedded maps
Google LLC today updated its Google Workspace productivity suite with new features that will enable users to create more sophisticated documents and navigate large volumes of text faster. Most of the enhancements are rolling out to Google Docs, the document editor included in Google Workspace. One of the main highlights is a new artificial intelligence ...
Media content management startup Cloudinary valued at $2B in $100M+ secondary sale
Cloudinary Ltd., a startup that helps brands manage their media content and ensure it loads quickly for users, has secured a more than $100 million secondary investment from Blackstone Growth. The investment, announced today, values Cloudinary at $2 billion. The deal comes a few months after the startup reached another major business milestone: Its annualized ...
AMD closes landmark $50B acquisition of chipmaker Xilinx
Advanced Micro Devices Inc. has closed its acquisition of programmable chipmaker Xilinx Inc., the company said today. AMD first announced plans to buy Xilinx in October 2020 through an all-stock transaction originally valued at $35 billion. According to Reuters, the deal’s value has since climbed to about $50 billion because AMD’s share price increased substantially ...