Maria Deutscher
Latest from Maria Deutscher
Apple’s App Store in the spotlight as EU reportedly preparing antitrust charges
The European Union could file antitrust charges against Apple Inc. as soon as this week over App Store policies that allegedly harm the competition. That’s according to a report today in the Financial Times, which attributed the information to multiple sources with “direct knowledge” of the matter. The insiders added that there’s a chance the ...
Dell and Red Hat target new joint reference architecture at carriers
Dell Technologies Inc. and IBM Corp.’s Red Hat have jointly developed an infrastructure reference architecture to assist telecommunications companies with the upgrade to 5G. The architecture was detailed today at the virtual Red Hat Summit. The telecommunications sector’s switch to the high-speed 5G standard, which enables connections many times faster than LTE or 4G, consists ...
Apple reveals plans to invest $430B in US over five years
Apple Inc. today announced that it will invest $430 billion in the U.S. over the next five years as part of an expansion initiative that includes, among other things, plans to spend “tens of billions of dollars” on developing chip and networking technologies. The iPhone maker expects to create more than 20,000 new positions in ...
Thoma Bravo inks $12.3B deal to acquire cybersecurity specialist Proofpoint
Publicly traded cybersecurity provider Proofpoint Inc. today announced that it has agreed to be acquired by Thoma Bravo, a prominent private equity firm, in a $12.3 billion all-cash transaction. The deal is set to net a sizable return for Proofpoint’s shareholders. Thoma Bravo has offered to pay $176 per share of the company, about 34% ...
Panasonic inks $7.1B deal to acquire supply chain software firm Blue Yonder
Electronics giant Panasonic Corp. today announced that it has signed a $7.1 billion agreement to acquire Blue Yonder Inc., a developer of software for managing enterprise supply chains. The deal comes less than a year after Panasonic purchased a 20% stake in Blue Yonder. Of the $7.1 billion the company is spending on the transaction, ...
Apache Kafka startup Confluent confidentially files for IPO
Confluent Inc., a unicorn startup commercializing the Kafka open-source data platform, divulged on Thursday that it’s headed to the stock exchange. In a brief announcement, the company said that it has confidentially filed paperwork for an initial public offering with the U.S. Securities and Exchange Commission. The number of shares to be sold and the ...
Alphabet’s X lab reveals project to develop technology for power grids
Alphabet Inc.’s X moonshot unit is working on a project to develop tools that can help utilities monitor and predict activity on their power grids. The project was announced this morning by X Vice President Audrey Zibelman during remarks at the White House Leaders Summit on Climate. Zibelman joined the Alphabet unit earlier this year ...
Google upgrades Cloud Spanner’s encryption capabilities
Google LLC’s Cloud Spanner managed relational database now allows companies to encrypt their information using their own encryption keys, the search giant announced today. It’s a narrow but significant update because organizations in regulated industries such as finance and healthcare are often legally required to manage encryption keys internally. By providing that option, Google can ...
Productboard raises $72M to help developers turn user feedback into new features
Product management startup Productboard Inc. today revealed that it has landed a $72 million funding round led by Tiger Global. The investment firm was joined in the Series C round by several of Silicon Valley’s most prominent venture capital firms: Index Ventures, Kleiner Perkins, Sequoia Capital and Bessemer Venture Partners. All four are returning Productboard ...
New details emerge about Apple’s upcoming iOS 15 and iPadOS 15 releases
New information has emerged about the feature additions that will arrive with iOS 15 and iPadOS 15, the next releases of Apple Inc.’s smartphone and tablet operating systems, respectively. Some of the new features will become available on both platforms, according to Bloomberg, which detailed the enhancements in a report today. Others will roll out only ...