Maria Deutscher
Latest from Maria Deutscher
Sony Interactive Entertainment LLC today announced plans to acquire Bungie Inc., a major video game developer, for $3.6 billion. The transaction represents the third multibillion-dollar acquisition of a video game company since the start of the year. Sony Interactive Entertainment is Sony …
BlackBerry to sell noncore patents for $600M
BlackBerry Ltd. today announced that it is selling a portfolio of patents related to mobile devices, messaging software and networking technology in a transaction valued at $600 billion. The buyer is Catapult IP Innovations Inc., a Delaware-incorporated investment vehicle set up specifically …
Pennylane raises $57M for its cloud-based accounting platform
Paris-based accounting software startup Pennylane today disclosed that it has raised 50 million euros, or about $57 million, in funding from a group of investors led by Sequoia Capital. The investment is the latest in a series raised by startups developing tools …
Google will invest up to $1B in India’s Bharti Airtel
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 …