Maria Deutscher
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IT observability unicorn Grafana Labs valued at $3B in new $220M round
Grafana Labs Inc., the startup commercializing one of the most popular open-source tools for finding issues in information technology infrastructure, today announced that it has closed a $220 million funding round. The Series C round gives the startup a valuation of $3 billion. Sequoia Capital and Coatue Management jointly led the investment. They were joined ...
Misconfigured Microsoft Power Apps applications found to expose 38M records
Misconfigured applications built using Microsoft Corp.’s Power Apps platform made 38 million records publicly available on the open web, according to newly released cybersecurity research. The data leaks were the result of a default setting in the platform that made applications’ information data accessible without a password. The research detailing the issue was published today ...
Shelf.io raises $52.5M for its AI-powered enterprise knowledge platform
Startup Shelf.io today announced that it has raised $52.5 million in funding after quadrupling sales of its enterprise knowledge management platform over the preceding year. Shelf.io, officially Gemshelf Inc., says its platform can help companies’ employees find answers to work-related questions faster. The software uses an artificial intelligence engine the startup calls MerlinAI to scan ...
Intel wins Defense Department contract for cutting-edge chip foundry services
Intel Corp. today disclosed that it has won a contract to provide chip manufacturing services to the U.S. Department of Defense. The contract was issued as part of a government initiative known as the Rapid Assured Microelectronics Prototypes – Commercial program, or RAMP-C for short. RAMP-C aims to encourage the use of a U.S.-based chip ...
Report: Google is winding down its healthcare division
Google LLC has reportedly decided to shutter its Google Health division, which was launched in 2018 to develop new technologies for the healthcare sector. Business Insider reported the move today, citing an internal company memo. The memo is said to have been sent to employees on Thursday by Jeff Dean, the head of the search ...
UK antitrust regulator calls for in-depth investigation of Nvidia’s Arm acquisition
The U.K.’s top antitrust regulator, the Competition and Markets Authority, today recommended the launch of an in-depth “Phase 2” investigation into Nvidia Corp.’s proposed acquisition of Arm Ltd. The CMA began reviewing the proposed deal in January. Today’s recommendation to launch a Phase 2 investigation represents the result of the regulator’s initial review. The recommendation ...
AWS launches its Amazon MemoryDB for Redis service into general availability
Amazon Web Services Inc. today announced the general availability of Amazon MemoryDB for Redis, a managed in-memory database that promises to simplify application development projects. Enterprise applications have different requirements when it comes to data access speeds. A revenue forecasting tool, for example, might take a few minutes to import the latest earnings figures from ...
In new complaint, FTC accuses Facebook of breaking antitrust law
The Federal Trade Commission today filed a complaint against Facebook Inc. with the U.S. District Court for the District of Columbia that accuses the company of breaking antitrust law. The complaint is an amended version of a lawsuit that the FTC originally brought last December. According to a statement issued by the agency at the ...
Intel unveils details of 100B-transistor AI chip and Alder Lake hybrid processor
Intel Corp. held its annual Architecture Day semiconductor event today, where executives shared technical details about several upcoming chips for the data center and consumer markets. One of the main highlights from the event is Alder Lake. It’s an upcoming central processing unit for personal computers that will feature not one type of processing core ...
Cybersecurity startup Blumira raises $10.3M to make threat detection simpler
Blumira Inc., a startup with a cloud-based cyberattack detection platform that it says is easier to use than many competing products, has raised $10.3 million in funding. The investment was announced today. According to Blumira, Mercury Fund led the round with participation from M25, Array Ventures and multiple angel investors. The group of angel investors ...