Maria Deutscher
Latest from Maria Deutscher
Report: Google set to acquire Japan’s Pring for $180M+ to boost fintech business
Google LLC is in talks to acquire Tokyo-based payment app provider Pring for $180 million to $270 million, Nikkei Asia reported today. The news comes as the search giant prepares to expand its presence in the U.S. financial technology market by launching a new digital banking platform for consumers. Google’s reported acquisition talks with Pring ...
IBM buys container consultancy BoxBoat to advance OpenShift hybrid cloud strategy
IBM Corp. today announced that it has inked a deal to acquire BoxBoat Technologies Inc., a Maryland-based consultancy focused on helping Fortune 100 companies and government agencies adopt software containers. IBM expects the deal to accelerate adoption of its OpenShift platform. OpenShift, which the company obtained through its $34 billion purchase of Red Hat, is ...
Nvidia launches $100M Cambridge-1 supercomputer to support healthcare research
Nvidia Corp. on Tuesday announced the launch of Cambridge-1, a supercomputer it has built in the U.K. at an estimated cost of $100 million to support life sciences research. Nvidia says that the supercomputer is the fastest deployed in the U.K. to date. “Cambridge-1 will empower world-leading researchers in business and academia with the ability ...
Intel leads $9.5M round for secure analytics startup Opaque Systems
Intel Corp. has led a $9.5 million seed round for Opaque Systems Inc., a startup founded by researchers from the University of California at Berkeley that’s using so-called hardware enclaves to help companies process their data more securely. Opaque Systems disclosed the funding this morning. The startup said Intel, which led the round through its ...
Silk raises $55M to optimize enterprises’ cloud databases
Cloud database specialist Silk Inc. today announced that it has secured a $55 million funding round led by S Capital with participation from Sequoia Capital and more than a half-dozen institutional investors. Silk will use the new $55 million Series B round to step up its sales, marketing and engineering activities. Needham, Massachusetts-based Silk provides ...
Google and AT&T debut new 5G-enabled edge computing solutions
Google LLC and AT&T Inc. today introduced two new edge computing solutions aimed at making it easier for enterprises to pursue emerging technology use cases such as deploying robots in retail stores. The solutions were developed as part of a partnership that the companies inked last year. The first new offering is AT&T MEC with ...
Pentagon scraps $10B JEDI cloud computing contract, plans new multicloud program
The U.S. Department of Defense today announced that it is canceling the controversial $10 billion JEDI cloud computing contract and will replace it with a new procurement program known as the Joint Warfighter Cloud Capability. According to multiple reports, the new program could involve multiple providers. “The Department has determined that, due to evolving requirements, ...
Pleo nabs $150M at $1.7B valuation to speed up corporate expense management
Financial technology startup Pleo Technologies Ltd. today said that it has secured a $150 million funding round to grow its share of the corporate expense management market. The round, which was co-led by Bain Capital Ventures and Thrive Capital, gives the Denmark-based startup a valuation of $1.7 billion. Pleo provides a set of financial products ...
SoftBank inks $1.6B deal to buy Yahoo trademark rights from Verizon
SoftBank Group Corp. is paying Verizon Communications Inc. 178.5 billion yen, or about $1.61 billion, for a perpetual license to use the Yahoo and Yahoo Japan trademarks. The deal was announced today by SoftBank’s Z Holdings subsidiary. SoftBank is a Tokyo-based conglomerate with a significant presence in multiple parts of the technology sector. The company ...
Report: Apple’s April privacy update led to major drop in iOS ad spending
Brands have reduced their spending on iOS ads by about a third since the start of June alone, according to market data made public in a Wall Street Journal report today. Industry insiders have tied the spending drop to a privacy feature that Apple released for iOS as part of an April update. The reduced demand is ...