Maria Deutscher
Latest from Maria Deutscher
Google LLC today announced plans to invest up to $1 billion in Bharti Airtel Ltd., one of India’s largest telecommunications providers. The search giant will make the investment through the $10 billion Google for India Digitization Fund that it launched in 2020. …
Google Cloud forms digital assets team to help customers build blockchain apps
Google LLC is forming a digital assets team to help customers of its cloud platform build blockchain-based applications, the company announced on Thursday. Richard Widmann, head of strategy for digital assets at Google Cloud, told CNBC that the company plans to hire …
Rapid grocery delivery startup Zapp raises $200M
Rapid grocery delivery provider Zapp today announced that it has closed a $200 million funding round, the second nine-figure investment raised by the startup since its launch in 2020. Lightspeed Venture Partners, 468 Capital and BroadLight Capital led the Series B round. …
Portnox raises $22M for its cloud-based network security platform
Network security startup Portnox, officially Access Layers Ltd., today announced that it has closed a $22 million funding round to support growth initiatives. Elsewhere Partners led the Series A investment. A large company’s corporate network can include upwards of thousands of devices …
Meta-backed Diem cryptocurrency initiative is reportedly winding down
The Diem Association, a consortium launched by Meta Platforms Inc. to develop a blockchain-based payment system, is reportedly winding down its operations. The Wall Street Journal reported late Wednesday that the Diem Association plans to sell its assets to Silvergate Capital Corp. …
China conditionally approves AMD’s proposed $35B purchase of Xilinx
China’s State Administration for Market Regulation has conditionally approved Advanced Micro Devices Inc.’s proposed $35 billion acquisition of Xilinx Inc., Reuters reported today. San Jose, California-based Xilinx is a leading provider of field-programmable gate array, or FPGA, processors. FGPAs are a type …
Microsoft will roll out Android app support to Windows 11 in February
Microsoft Corp. plans to update Windows 11 next month with the public preview version of a feature that will enable users to run Android apps. Panos Panay, chief product officer for Microsoft’s Windows + Devices division, detailed the upcoming feature today. The …
White House announces zero-trust strategy to improve government cybersecurity
The White House today announced a strategy for implementing zero-trust security, a popular cybersecurity approach, across the federal government’s digital infrastructure. Zero-trust security is a more effective approach to protecting networks from hacking attempts than the perimeter-based strategy that organizations have historically …
Canonical releases Charmed Kubeflow 1.4 to simplify enterprise AI projects
Canonical Ltd. on Tuesday released Charmed Kubeflow 1.4, the newest version of its platform for simplifying enterprise artificial intelligence projects. U.K.-based Canonical is the maker of Ubuntu, one of the most widely used versions of the Linux operating system. Ubuntu is especially …
Commvault tops third-quarter expectations with record revenue
Data protection and management provider Commvault Systems Inc. today posted financial results for its fiscal third quarter, disclosing that revenue increased 8% year-over-year, to a record $202.4 billion. Commvault’s revenue in the three months through Dec. 31 exceeded the Zacks Consensus Estimate by more …