Maria Deutscher
Latest from Maria Deutscher
UiPath sets price target for upcoming IPO with eye to $25.8B valuation
Robotic process automation provider UiPath Inc. has shared the target price range for its upcoming initial public offering, revealing that it’s seeking a valuation of nearly $26 billion. In a Monday update to the previously released prospectus for the IPO, the company disclosed plans to sell shares at $43 to $50 apiece. UiPath intends to ...
1Password moves into infrastructure security with Secrets Automation service
Well-funded cybersecurity provider 1Password today introduced a new service that enterprises can use to protect infrastructure secrets such as encryption keys. The company also revealed that it has acquired Netherlands-based SecretHub to help it develop more features for the new service, which it’s launching under the name Secrets Automation. Toronto-based 1Password, incorporated as AgileBits Inc., ...
Report: Apple developing Siri-enabled Apple TV and robotic smart speaker
Apple Inc. is developing two new smart home devices with feature combinations that currently aren’t matched by any of its major competitors, according to a Bloomberg report published today. The first device is a new version of the company’s Apple TV set-top box. The other is described as a smart display along the lines of ...
With Morpheus, Nvidia harnesses DPUs to find threats in data centers
Nvidia Corp. today introduced Morpheus, a software framework that will allow enterprises to detect breaches more effectively by allowing them to scan a bigger portion of their internal network traffic for threats. The framework uses a combination of artificial intelligence and data processing unit chips to provide the increased visibility. It debuted today at Nvidia’s GPU Technology ...
Doubling down on AI, Microsoft to acquire Nuance for $19.7B
Microsoft Corp. will pay $19.7 billion to acquire Nuance Communications Inc., a company that uses artificial intelligence to help physicians create medical notes faster. The hefty price tag of the transaction, which Microsoft announced today, indicates the massive market presence Nuance maintains in the healthcare sector. The company’s AI software is deployed at more than three ...
Google confirms Pixel 5A 5G after report of device’s cancellation
Google LLC today confirmed its reported plans to introduce a new smartphone under the Pixel 5A 5G name, after a report suggested that the search giant has scrapped the device’s launch because of the global chip shortage. However, it appears that the chip shortage may still have an impact on the company’s launch plans. According ...
Internal Apple documents reveal new details about its app policies
Internal Apple Inc. documents released as part of the iPhone maker’s legal battle with video game maker Epic Games Inc. have revealed new details about its App Store policies and user retention strategy. The documents, The Verge reported today, indicate that Apple had avoided making iMessage available on Android to reduce the chance of users ...
After shareholder pressure, Box announces $500M investment from KKR
Box Inc. today revealed plans to raise $500 million from investment firm KKR & Co. Inc. and said it will use the funds to buy back shares. The news ignited a selloff that sent the cloud file storage provider’s share price plummeting more than 10% at one point. Box closed at $22 a share, 9.4% ...
Expanding vertical-specific capabilities, Google brings key industrial platform to its cloud
Google LLC today announced a collaboration with OSIsoft LLC to help enterprises deploy the OSIsoft’s PI Core industrial operations platform on Google Cloud. San Leandro, California-based OSIsoft is a major provider of software for the industrial sector that was recently acquired by the U.K.’s Aveva Group plc in a $5 billion deal. The company’s PI ...
Report: Chip shortage is slowing production of some Apple devices
Apple Inc. is experiencing delays in the production of some MacBook and iPad models because of the global chip shortage, Nikkei Asia reported today, citing multiple sources. Recent reports suggest that Apple is preparing to introduce new additions to both its MacBook Pro and MacBook Air laptop lines. According to today’s report, difficulties sourcing enough ...