Maria Deutscher
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Report: Biden administration to roll out sanctions targeting ransomware payments
The Biden administration reportedly plans to roll out sanctions aimed at disrupting hackers’ ability to collect ransomware payments using cryptocurrency. The Wall Street Journal reported the plans today, citing sources familiar with the matter. The sources believe that the sanctions could be implemented as early as next week by the U.S. Treasury Department. The sanctions ...
Mirantis makes building hybrid clouds easier with new Mirantis Flow platform
Cloud operations specialist Mirantis Inc. on Thursday introduced Mirantis Flow, a new platform that it says will enable enterprises to build and operate hybrid clouds more efficiently. Campbell, California-based Mirantis makes software products that help information technology teams run their organizations’ infrastructure. The company additionally provides tools for managing software container applications. “Until now, cloud-native ...
Microsoft announces Office 2021 launch date as new Office LTSC edition rolls out
Microsoft Corp. today announced that the next major iteration of its Office productivity suite, Office 2021, will become generally available to consumers on Oct. 5. Also today, the company launched a new version of Office LTSC, a separate edition of the productivity suite that’s aimed at the enterprise. Microsoft provides multiple ways of accessing Word, ...
Alphabet’s X lab uses light to beam data across the Congo River
Alphabet Inc.’s X lab today shared an update on an internal initiative aimed at delivering internet connectivity using laser-based optical networking systems. The Google LLC parent company calls the initiative Project Taara. Baris Erkmen, the director of engineering for Taara, announced in a blog post that two of the optical networking systems developed as part ...
Fintech company GreenSky acquired by Goldman Sachs in $2.24B deal
Goldman Sachs Group Inc. is spending approximately $2.24 billion to acquire GreenSky Inc., a financial technology company that competes in the rapidly growing “buy now, pay later” market. Under the transaction terms announced on Wednesday, GreenSky’s investors will receive 0.03 Goldman Sachs shares for every share of the fintech company they own. The deal values GreenSky ...
Microsoft rolls out passwordless login support to its core consumer services
Consumers will soon be able to log into their Microsoft Corp. accounts with methods other than entering their usernames and passwords. The new passwordless login methods, announced by Microsoft today, are set to roll out over the coming weeks. They will require the Microsoft Authenticator app to use. After downloading the app, a user must ...
Identity startup Persona closes $150M round at $1.5B valuation
Persona Inc., a startup that helps companies such as financial technology providers collect and process identity information from customers, has closed a $150 million funding round at a $1.5 billion valuation. The Series C round was led by Founders Fund, Persona said in an announcement this morning. Meritech Capital Partners, BOND, Index Ventures and Coatue ...
AI chip startups Axelera AI and Deep Vision raise new funding
Two artificial intelligence chip startups, Netherlands-based Axelera AI B.V. and Los Altos, California-based Deep Vision Inc., today announced that they’ve raised new funding to support their respective product development efforts. The funding rounds represent the latest sign of investors’ interest in semiconductor startups. Several other companies developing AI-optimized chips have also raised capital in recent months. Power-efficient ...
Snowflake doubles down on financial sector with new Financial Services Data Cloud
Snowflake Inc. today introduced a new solution, the Financial Services Data Cloud, that will make it easier for companies in the financial sector to process their business data. Financial Services Data Cloud is based on Snowflake’s hugely popular cloud-based data platform. The solution has three major components: Snowflake’s native feature set, complementary products from partners ...
DataRobot’s new AI Cloud speeds up enterprise machine learning projects
In a major product refresh, DataRobot Inc. today debuted a new edition of its platform for building artificial intelligence models that it says will enable enterprises to develop machine learning software faster. The startup says that the platform, AI Cloud, can function as the central hub for a company’s AI initiatives. It provides features for ...