Maria Deutscher
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US and allies blame China for series of cyberattacks
The U.S. and a group of allies today formally blamed China for multiple hacking campaigns, including a high-profile cyberattack revealed earlier this year that had targeted deployments of the Microsoft Exchange Server email platform. The group includes NATO, the European Union, Australia, Canada, Japan, New Zealand and the U.K. “An unprecedented group of allies and ...
ServiceMax to go public at $1.4B valuation by merging with blank-check company
ServiceMax Inc., whose cloud services are used by companies such as General Electric Co. to maintain industrial equipment, is set to go public at a $1.4 billion valuation. The company announced the upcoming listing late Thursday. ServiceMax will float its shares on the Nasdaq stock exchange by merging with a special-purpose acquisition company or SPAC ...
Fintech provider Paytm files to raise $2.2B in one of India’s largest tech IPOs
Paytm, one of India’s largest financial technology startups, has submitted paperwork for an initial public offering that is set to raise as much as $2.2 billion. The documents were filed today with India’s market regulator by One97 Communications Ltd., the company that operates Paytm. The IPO is expected to be one of the largest on ...
Amazon-backed autonomous vehicle startup Aurora to go public via SPAC merger
Autonomous vehicle startup Aurora Innovation Inc. today announced plans to go public through a merger with Reinvent Technology Partners Y, a blank-check company backed by LinkedIn co-founder Reid Hoffman and Zynga Inc. founder Mark Pincus. The merger is expected to net Aurora about $977.5 million. That’s in addition to $1 billion the startup is raising ...
AWS launches Amazon HealthLake into general availability
Amazon Web Services Inc. today announced the general availability of Amazon HealthLake, a cloud service that enables healthcare organizations to pool medical information from different systems in one place and use it to improve patient care. Medical data is often spread across multiple applications. At a hospital, clinical notes, lab reports and insurance claims may ...
Continuing acquisition streak, IBM buys data management specialist Bluetab
IBM Corp. today said that it’s acquiring Bluetab Solutions Group SL, a Madrid-based provider of software and consulting services focused on helping enterprises move on-premises data management systems to the cloud. Bluetab has about 700 employees who will become part of the technology giant’s data services consulting practice following the deal. It’s one of more ...
Cybereason secures $275M in late-stage funding for its breach prevention platform
Cybereason Inc., the maker of a threat detection and response platform that it says enables one cybersecurity professional to protect 200,000 endpoints, has raised $275 million in new late-stage funding to support expansion initiatives. The Series F round was announced this morning. It was led by former Treasury Secretary Steve Mnuchin’s Liberty Strategic Capital with ...
Led by Nutanix’s founding CEO, new startup DevRev launches with $50M in funding
DevRev Inc., a new startup led by former Nutanix Chief Executive Officer Dheeraj Pandey, today exited stealth mode with $50 million in initial funding. The capital was provided by Mayfield Fund and Khosla Ventures, two of Silicon Valley’s most prominent venture capital firms, as well as a number of unnamed investors that DevRev described as ...
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 ...