Maria Deutscher
Latest from Maria Deutscher
Twitter Inc. today announced that it has completed the sale of its MoPub mobile advertising business to AppLovin Corp. for $1.05 billion. The deal officially closed on Saturday, Jan. 1, two months after Twitter and AppLovin first announced the sale. MoPub operates a …
India’s competition regulator orders investigation of Apple’s App Store policies
India’s competition regulator today ordered an investigation into Apple Inc.’s App Store policies, which have drawn mounting antitrust scrutiny in recent years. The Competition Commission of India reportedly decided to launch the probe after tentatively determining that Apple has violated certain antitrust …
Samsung’s next mobile processor will feature AMD’s RDNA 2 chip architecture
Samsung Electronics Co. Ltd. has revealed that the next iteration of its flagship mobile chip will use Advanced Micro Devices Inc.’s RDNA 2 graphics processing unit architecture. The South Korean electronics giant disclosed its collaboration with AMD in a Thursday tweet. Samsung …
Samsung says it has quadrupled foldable device sales in 2021
Samsung Electronics Co. Ltd. disclosed on Wednesday that it has sold four times as many foldable devices this year as in 2020. The momentum of Samsung’s foldable device business is a potentially encouraging sign for the product category as a whole. Moreover, …
Samsung and Micron memory fabs in Xi’an affected by COVID-19 lockdown
Samsung Electronics Co. Ltd. and Micron Technology Inc. said on Wednesday that operations at their memory chip production facilities in Xi’an, China, have been affected by the COVID-19 lockdown in the city. Samsung is the world’s leading maker of NAND flash chips, …
Intel completes major milestone in $9B sale of flash business to SK hynix
Intel Corp. on Wednesday announced the first closing of the $9 billion sale of its flash business to SK hynix Inc., a leading memory chip manufacturer. The first closing completes one of the acquisition’s two major phases. The milestone comes after China’s …
Manufacturing marketplace startup Zetwerk raises $210M in funding
Startup Zetwerk has raised $210 million in new funding less than six months after closing a previous $150 million investment at a $1.33 billion valuation. The new funding round was reported by Inc42 on Tuesday. Bangalore-based Zetwerk reportedly raised the capital from …
T-Mobile discloses data breach affecting ‘very small number’ of users
T-Mobile US Inc. today disclosed that some of its customers have been targeted by hackers using a cyberattack tactic known as SIM swapping. The carrier also stated that the hackers may have gained access to “limited account information” belonging to a subset …
TuSimple successfully tests autonomous truck on public roads without driver onboard
Autonomous truck company TuSimple Holdings Inc. today announced that one of its vehicles has successfully traveled 80 miles on public roads without a human driver behind the wheel. The test represents a world first, according to the company. TuSimple says that it’s …
India’s Jupiter raises $86M for its digital banking app
Mumbai-based financial technology startup Jupiter has raised a $86 million funding round led by Tiger Global, QED and Sequoia Capital India. MUFG Bank Ltd., the largest bank in Japan, participated in the Series C round as well, along with existing Jupiter backers. …