Maria Deutscher
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Updated: All of Facebook Inc.’s social media platforms became inaccessible for users starting about 11:45 a.m. EDT today as a result of a yet-unexplained outage. The hours-long outage affected Facebook’s namesake social network, as well as Instagram, WhatsApp and Messenger. Users have …
Qualcomm and SSW Partners acquire smart car tech firm Veoneer for $4.5B
Qualcomm Inc. has teamed up with investment firm SSW Partners to acquire Stockholm-based smart car technology supplier Veoneer Inc. in a deal worth $4.6 billion. The all-cash transaction, announced today, advances Qualcomm’s effort to establish a bigger presence in the auto market. …
One Identity acquires OneLogin to expand its cybersecurity portfolio
One Identity LLC today announced that it has acquired OneLogin Inc., a provider of identity and access management software backed by more than $175 million in funding. The deal’s financial terms were not disclosed. One Identity is a unit of Quest Software …
Esper raises $60M to help companies build and run Android-powered IoT fleets
Months after its previous funding round, “internet of things” startup Esper Enterprises Inc. today announced that it has raised an additional $60 million from an investor group led by Insight Partners. Seattle-based Esper provides a platform that makes Android-powered IoT fleets easier …
Microsoft details new Office 2021 features ahead of Oct. 5 launch
Microsoft Corp. today detailed the features that will be arriving with Office 2021, the next major release of its single-purchase productivity suite. Microsoft’s Office applications are available as part of several different product bundles. Consumers usually buy them as part of the …
Enterprise finance startup Vareto exits stealth with $24M from prominent investors
Vareto Inc., a new startup with a platform designed to make enterprise finance teams’ work easier, today launched from stealth mode after raising $24 million in funding. Vareto raised the capital over two rounds led by Alphabet Inc.’s GV venture capital arm …
Snyk raises $75M more from Atlassian and Salesforce
Code security startup Snyk Ltd. has raised $75 million from Atlassian Ventures and Salesforce Ventures in an extension to a $530 million funding round it announced earlier this month. The $530 million round valued Boston-based Snyk at $8.5 billion. The $75 million …
Intel’s new neuromorphic Loihi 2 chip brings tenfold performance boost
Intel Corp. today debuted a new neuromorphic chip, Loihi 2, with 1 million artificial neurons made using a cutting-edge semiconductor manufacturing process not yet in production. The company says that Loihi 2 is up to 10 times faster than its previous neuromorphic …
DNA-based data storage startup Catalog raises $35M in funding
Catalog Technologies Inc., a Boston-based startup looking to use synthetic DNA to store digital data, has closed a $35 million funding round to support its research efforts. The funding, led by Hanwha Impact and announced today, will go toward improving the capabilities …
Kore.ai raises $50M for its AI-powered experience optimization platform
Startup Kore.ai Inc. today announced that it has raised a $50 million funding round led by Vistara Growth and PNC to fuel the growth of its software platform, which helps companies build artificial intelligence assistants to automate repetitive business tasks. Kore.ai also …