Maria Deutscher
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Facebook asks for recusal of FTC chair Lina Khan from antitrust lawsuit
Facebook Inc. is seeking the recusal of Federal Trade Commission chair Lina Khan from an antitrust case that the agency brought against the social network last year. Facebook made the request in a petition that became public today. In the petition, the social network stated that it’s seeking the recusal because Khan (pictured) has “consistently made ...
Hazelcast debuts new in-memory data processing platform
Hazelcast Inc. today introduced a new in-memory data processing platform that it says will enable companies to analyze historical and real-time information at the same time. San Mateo, California-based Hazelcast is a data management startup backed by more than $60 million in venture funding. Its software is used by major enterprises such as JPMorgan Chase ...
Andreessen Horowitz leads $125M round for code search startup Sourcegraph
Developer tooling startup Sourcegraph Inc. today disclosed that it has closed a $125 million late-stage funding round led by Andreessen Horowitz at a $2.625 billion valuation, triple what it was worth just eight months ago. The startup has raised a total of $225 million in funding including this Series D round. In addition to lead ...
ZoomInfo acquires Chorus.ai for $575M to expand its sales intelligence platform
Publicly-traded ZoomInfo Technologies Inc., which supplies enterprises with market intelligence they use to find new customers, today announced that it has inked a deal to buy sales analytics startup Chorus.ai Inc. for $575 million. Chorus.ai previously raised about $100 million in funding from investors including Redpoint Ventures and Emergence Capital. San Francisco-based Chorus.ai provides a ...
Google fined $593M in France for breaching antitrust order
France’s competition regulator today issued a fine of 500 million euros, or about $593 million, to Google LLC after finding that the search giant has failed to comply with parts of a 2020 antitrust ruling. The antitrust ruling ruling focused on the way Google displays content from news publishers in search results. The company said ...
Cisco leads $5M round for multicloud application integration startup TriggerMesh
Cisco Systems Inc. has led a $5 million funding round for TriggerMesh Inc., a startup with a Kubernetes-based software platform that makes it easier to link together applications running in different public clouds and on-premises data centers. TriggerMesh announced the round this morning. The Raleigh, North Carolina- and Switzerland-based startup said existing investors Index Ventures ...
Report: Google will seek to overturn $5.15B EU fine over Android contracts
Google LLC is reportedly looking to overturn a 4.34 billion-euro antitrust fine it received from European Union regulators in 2018 over certain contracts it had signed with Android handset manufacturers. Sources familiar with the matter disclosed the development to Reuters, which reported it this morning. The 4.34 billion euros Google was ordered to pay in ...
Fintech startup Tide reels in $100M for its business banking platform
U.K.-based financial technology startup Tide Platform Ltd. today announced that it has raised $100 million to broaden the adoption of its namesake business banking service, which helps small and midsized companies manage their finances. The round gives the startup a $468 million valuation. Private equity firm Apax Partners was the lead investor. Tide enables small ...
Blues Wireless, led by Microsoft’s former top software architect Ray Ozzie, raises $22M
Blues Wireless Inc., an “internet of things” chip startup founded by Microsoft’s former top software engineer Ray Ozzie, today announced that it has closed a $22 million funding round. Sequoia Capital and angel investor Lachy Groom jointly led the round. The investment also included the participation of XYZ Venture Capital and returning Blues Wireless backer ...
Cloud security startup Netskope raises $300M at $7.5B valuation
Netskope Inc., a startup that helps about a third of the companies on the Fortune 100 list secure their network traffic, has received a $300 million late-stage funding round valuing it at $7.5 billion. Iconiq Growth was the lead investor in the Series H round, which Netskope announced this morning. A number of existing backers ...