Maria Deutscher
Latest from Maria Deutscher
Intel’s new flagship desktop processor ups performance with hybrid core design
Intel Corp. today debuted the next major iteration of its central processing unit line for desktops, the 12th Generation Core series, which is launching with an initial roster of six chips made using the Intel 7 manufacturing process. Intel 7 is an enhanced version of the company’s 10-nanometer process. The six initial chips are headlined by ...
Returning to public markets, Informatica raises $841M in IPO
Informatica LLC, the enterprise data management specialist, has raised $841 million in its initial public offering by selling 29 million shares to investors at $29 apiece. Following the Tuesday afternoon stock sale, Informatica’s shares debuted on the New York Stock Exchange this morning below the IPO price, but soon recovered their losses. The company is ...
Tactile Mobility reels in $27M for its virtual vehicle sensor technology
Startup Tactile Mobility Ltd., whose platform uses data from vehicle sensors for tasks such as identifying road hazards, today said it has closed a $27 million funding round led by Delek Motors to enhance its technology and expand into more markets. Israel-based Tactile Mobility has received a total of $47 million from investors to date. ...
Amazon’s Project Kuiper satellite unit partners with Verizon on connectivity initiative
Amazon.com Inc.’s Project Kuiper unit, which plans to launch thousands of internet satellites into low Earth orbit, is teaming up with Verizon Communications Inc. to deliver networking services to consumers and enterprises. Amazon is one of several companies building satellite-powered internet networks. SpaceX Corp. is the online retail and cloud computing giant’s most prominent competitor ...
AWS launches quantum computing research center in partnership with Caltech
The California Institute of Technology today announced that Amazon Web Services Inc. is opening a new research hub on the university’s campus to develop cutting-edge quantum computing technology. The research hub, called the AWS Center for Quantum Computing, is reportedly opening this week. It’s located inside a two-story facility in the northeast corner of the ...
Commvault posts 12% recurring revenue jump but misses expectations and stock plunges
Data protection and data management provider Commvault Systems Inc. this morning posted second-quarter earnings that showed continued growth in recurring revenues, but fell short of analyst expectations. Investors were alarmed, and the stock was falling almost 19% in trading today. Commvault’s sales reached $177.8 million in the three months ended Sept. 30, up 4% from the ...
Cisco expands Webex hybrid work portfolio with new AI features and devices
Cisco Systems Inc. today debuted a slew of additions to its Webex portfolio of communications products, including artificial intelligence features designed to optimize meetings and new hardware devices. The company detailed the enhancements at its WebexOne 2021 event running virtually today and tomorrow. The Webex product portfolio is headlined by the popular videoconferencing service of ...
Microsoft: As many as 14 IT service providers breached by Russian hacking group
Microsoft Corp. today said that as many as 14 information technology service providers were breached by the hacking group Nobelium, which the U.S. government and others have linked to Russia. Nobelium is the same group responsible for last year’s SolarWinds hacking campaign. The SolarWinds hack, which came to light in December, is estimated to have ...
Microsoft buys Clear Software to enhance its automation capabilities
Microsoft Corp. has purchased Clear Software Inc., a developer of tools for speeding up complex business tasks that involve multiple applications. Microsoft announced the acquisition today. The deal is aimed at enhancing the capabilities of the company’s Microsoft Power Platform product suite. Two of the most important offerings in the product suite are the Power ...
23andMe acquires telemedicine platform Lemonaid Health for $400M
Genetic testing company 23andMe Inc. today announced that it has inked a $400 million deal to acquire Lemonaid Health Inc., a provider of telehealth and online pharmacy services. Publicly traded 23andMe said it will finance the deal with a combination of cash and stock. A quarter of the $400 million price tag will be paid ...