Maria Deutscher
Latest from Maria Deutscher
Startup Harness Inc., which makes tools that help developers build applications more efficiently, has secured $230 million in fresh financing at a $3.7 billion valuation. Harness announced the investment this morning, detailing that it included $175 million in equity funding and $55 …
Hackers breach Instagram page of Bored Ape Yacht Club and steal NFTs
Hackers breached the Instagram page of Bored Ape Yacht Club, a popular nonfungible token collection, and used the page to steal digital assets estimated to be worth about $3 million. Yuga Labs LLC, the company that created the Bored Ape Yacht Club …
UiPath teams up with Finastra to simplify RPA for financial firms
UiPath Inc. and Finastra Ltd. today announced a partnership focused on making it easier for companies in the financial sector to adopt robotic process automation. Publicly traded UiPath is a leading provider of robotic process automation, or RPA, software. The company’s software …
Twitter accepts Elon Musk’s $44B acquisition offer
After weeks of drama, Twitter Inc.’s board of directors today accepted Elon Musk’s offer to buy the company. Musk earlier this month made an offer to acquire Twitter for $43 billion. In response, the company’s board implemented a so-called poison pill plan …
Agility Robotics raises $150M for its bipedal warehouse robots
Oregon-based robotics startup Agility Robotics Inc. today announced that it has closed a $150 million funding round led by DCVC and Playground Global. The Series B round also included the participation of a half-dozen other backers, including Amazon.com Inc.’s newly launched Amazon …
Stripe will enable companies to pay users in cryptocurrency through its platform
Stripe Inc. will enable companies to pay their users in cryptocurrency through its popular payment processing platform. The first company to sign up is Twitter Inc., Stripe detailed in its announcement of the move today. Twitter offers a growing lineup of content …
In Stanford speech, Barack Obama calls for new steps to combat misinformation
Former President Barack Obama on Thursday warned of the dangers posed by misinformation on social media and called for regulatory changes to address the issue. “With the rise of social media and the need to better understand people’s online behavior, in order …
Freight orchestration startup Convoy raises $260M at $3.8B valuation
Convoy Inc., a logistics startup on track to generate more than $1 billion in revenue this year, today announced that it has raised $260 million from investors at a $3.8 billion valuation. The financing included a $160 million Series E preferred equity …
Amazon launches $1B fund to invest in supply chain technology companies
Amazon.com Inc. today announced plans to invest $1 billion in companies developing supply chain technologies such as warehouse robots. The investments will be made through a new fund known as the Amazon Industrial Innovation Fund. Amazon said that it plans to back …
Elon Musk secures $46.5B in financing commitments to acquire Twitter
Elon Musk has secured $46.5 billion in financing commitments to take Twitter Inc. private, according to a filing with the U.S. Securities and Exchange Commission that was released today. Earlier this month, Musk announced that he had bought a 9.2% stake in …