Maria Deutscher
Latest from Maria Deutscher
Data analytics specialist Dremio Corp. is now valued at $2 billion, double what it was worth a year ago, after raising $160 million in new funding. Dremio said in its announcement of the Series E funding round today that Adams Street Partners …
Nvidia reportedly moving to scrap $40B Arm acquisition
Nvidia Corp. is moving to scrap its proposed $40 billion acquisition of chip design firm Arm Ltd., Bloomberg reported today. The sources cited by Bloomberg added that SoftBank Group Corp., which owns Arm, plans to take the chip design firm public in …
Wisk Aero raises $450M to build autonomous air taxis
Wisk Aero LLC, an air taxi startup, today said that it has raised $450 million from The Boeing Co. to advance its goal of building a passenger aircraft fleet with capacity for more than 10 million flights a year. Mountain View, California-based …
Report: Apple will debut more than a dozen new hardware products in the fall
Apple Inc. is preparing to introduce the “widest array of new hardware products in its history” this year, Bloomberg reported on Sunday. Alongside the next generation of its flagship iPhone series, Apple is expected to debut a redesigned MacBook Air laptop, an …
Washington D.C. and three states sue Google over location data collection practices
The attorneys general of Washington, D.C., Texas, Indiana and Washington state are suing Google LLC for allegedly using deceptive practices to collect users’ location data. Each attorney general is launching a separate lawsuit against Google over the matter, the Office of the …
KnightSwan, a SPAC co-founded by Splunk President Teresa Carlson, goes public
KnightSwan Acquisition Corp., whose nonexecutive chair is Splunk Inc. President and Chief Growth Officer Teresa Carlson (pictured), started trading on the New York Stock Exchange today following a late Thursday initial public offering. KnightSwan is a special-purpose acquisition company, or SPAC. SPACs, …
IBM sells assets from Watson Health business to Francisco Partners
IBM Corp. is selling a number of software products and other assets from its Watson Health business to private equity firm Francisco Partners. The deal’s announcement today comes about a year after reports first emerged that IBM was considering selling Watson Health. …
Intel will invest $20B+ in two fabs on new Ohio chip manufacturing ‘megasite’
Intel Corp. today announced plans to spend more than $20 billion on the construction of two cutting-edge chip manufacturing facilities, or fabs, in Ohio. The fabs will be located on what the company describes as a nearly 1,000-acre “megasite” in Licking County, …
Senate Judiciary Committee approves tech-focused antitrust bill
A bipartisan antitrust bill designed to make digital markets more competitive was approved by the Senate Judiciary Committee today in a 16-6 vote. The bill, the American Innovation and Choice Online Act, is now headed to a vote before the full Senate. …
Google reportedly is developing an augmented reality headset
Google LLC is developing an augmented reality headset that will feature a custom chip and could make its debut in 2024, The Verge reported today. The headset is reportedly known by the internal codename Project Iris. Google is said to have assigned …