Maria Deutscher
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Intel completes major milestone in $9B sale of flash business to SK hynix
Intel Corp. on Wednesday announced the first closing of the $9 billion sale of its flash business to SK hynix Inc., a leading memory chip manufacturer. The first closing completes one of the acquisition’s two major phases. The milestone comes after China’s State Administration for Market Regulation approved the transaction on Dec. 22. The second ...
Manufacturing marketplace startup Zetwerk raises $210M in funding
Startup Zetwerk has raised $210 million in new funding less than six months after closing a previous $150 million investment at a $1.33 billion valuation. The new funding round was reported by Inc42 on Tuesday. Bangalore-based Zetwerk reportedly raised the capital from a group of backers that included ICONIQ, IIFL, Steadview Capital and D1 Capital ...
T-Mobile discloses data breach affecting ‘very small number’ of users
T-Mobile US Inc. today disclosed that some of its customers have been targeted by hackers using a cyberattack tactic known as SIM swapping. The carrier also stated that the hackers may have gained access to “limited account information” belonging to a subset of the affected users. However, T-Mobile didn’t specify how many users are affected ...
TuSimple successfully tests autonomous truck on public roads without driver onboard
Autonomous truck company TuSimple Holdings Inc. today announced that one of its vehicles has successfully traveled 80 miles on public roads without a human driver behind the wheel. The test represents a world first, according to the company. TuSimple says that it’s the first time an autonomous semi-truck run has been completed on open public ...
India’s Jupiter raises $86M for its digital banking app
Mumbai-based financial technology startup Jupiter has raised a $86 million funding round led by Tiger Global, QED and Sequoia Capital India. MUFG Bank Ltd., the largest bank in Japan, participated in the Series C round as well, along with existing Jupiter backers. The investment more than doubles the startup’s valuation to $711 million. Jupiter’s latest ...
Amazon releases update after Alexa issues dangerous ‘challenge’ to child
Amazon.com Inc. has updated Alexa after the voice assistant told a 10-year-old girl to place a coin on the prongs of a phone charger plugged halfway into a wall outlet. The BBC and multiple other publications reported the incident today. According to the BBC, the incident occurred when the girl asked Alexa for a “challenge ...
Recruiting startup Paradox valued at $1.5B following $200M funding round
Startup Paradox Inc., which provides an artificial intelligence assistant that promises to streamline companies’ hiring efforts, has secured $200 million in fresh funding to support growth initiatives. The multi-million dollar funding led to a significant increase in Paradox AI revenue. Announced on Monday, the Series C funding round was led by three prominent tech investors: ...
Photo services giant Shutterfly suffers ransomware attack
Shutterfly LLC, the operator of several popular e-commerce services focused on the photography market, has suffered a ransomware attack. The breach was first reported by Bleeping Computer this morning. According to the publication, the breach was carried out by the Conti ransomware group. The group previously carried out ransomware attacks against more than 400 organizations ...
Report: Meta boosts metaverse push with help of synthetic data startup AI.Reverie
Meta Platforms Inc. will will draw on its acquisition of synthetic data startup AI.Reverie, which closed earlier this year, to support its metaverse development efforts. The Financial Times reported Meta’s plans on Friday. The metaverse is envisioned as a future version of the internet where virtual reality and augmented reality would play a much bigger ...
Report: Google’s Android 13 release will feature interface and battery optimizations
Google LLC will reportedly include new interface options and battery optimizations in Android 13, the next major iteration of its mobile operating system. The upcoming features were detailed on Thursday by XDA Developers, which attributed the information to a source with access to an early version of Android 13. XDA Developers previously revealed early details ...