Maria Deutscher
Latest from Maria Deutscher
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 …
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 …
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 …
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 …
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 …
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 …
Andy Jassy officially becomes CEO of Amazon
Andy Jassy this morning officially became the chief executive officer of Amazon.com Inc., three months after being named to succeed company founder Jeff Bezos in the role. Bezos, who led Amazon as its CEO since founding the company in 1994, as of …
IBM President Jim Whitehurst steps down as part of major leadership reshuffle
IBM Corp. today announced that Jim Whitehurst, the company’s president, has decided to step down. Whitehurst’s departure is part of a broader leadership reshuffle that will affect several major business units. The company’s share price dropped more than 4.8% on news. Whitehurst …
Report: Intel and Apple are the first adopters of TSMC’s 3-nanometer chip technology
Intel Corp. and Apple Inc. have partnered with TSMC Co. Ltd. to make new chips using its upcoming three-nanometer semiconductor manufacturing process, according to a new report. Nikkei Asia reported today that the two companies are not merely set to use the …
HPE acquires Zerto in $374M deal to expand its data protection and cloud portfolio
Hewlett Packard Enterprise Co. will pay $374 million to acquire Zerto Ltd., a venture-backed startup that helps enterprises protect their workloads against outages and streamline public cloud projects. HPE detailed in its announcement of the deal today that Zerto is expected to …