Maria Deutscher
Latest from Maria Deutscher
SAP shows cloud momentum in preliminary fourth-quarter results
SAP SE shared preliminary financial results for the fourth quarter late Thursday, revealing that overall revenues declined but its efforts to shift to a cloud-first business model continued to gain momentum. SAP provides business software that is used by many of the world’s largest enterprises to support their operations. In October, the company announced plans ...
Amazon will let other companies build custom versions of Alexa
Amazon.com Inc. today debuted a new solution that will enable enterprises to develop customized versions of Alexa for their users with features not included in the standard edition. The solution, Alexa Custom Assistant, is the latest example of Amazon making technology it uses internally available to enterprise clients. The company’s cloud computing unit, Amazon Web ...
Apple reportedly planning redesigned MacBook Pros with Apple Silicon
Apple Inc.’s next MacBook Pro laptops are expected to feature homegrown Arm-based chips instead of Intel Corp. silicon and will do away with the computer series’ hallmark Touch Bar, according to a new report. The upcoming MacBook Pros were detailed on Thursday by 9to5Mac. The publication attributed the information to Apple analyst Ming-Chi Kuo, who ...
Cisco inks amended $4.5B deal to buy network chip supplier Acacia
Cisco Systems Inc. today said that it has agreed to acquire Acacia Communications Inc. for about $4.5 billion, nearly $2 billion more than an offer it made to the chipmaker in 2019. In July of 2019, the companies inked a deal that specified Cisco would buy Acacia for approximately $2.6 billion. They had originally planned ...
Harness becomes $1.7B unicorn after raising $85M for its software delivery platform
San Francisco’s Harness Inc. today divulged that it has closed an $85 million funding round to broaden the adoption and feature set of its software delivery platform, which is used by developers at companies such as Cisco Systems Inc. to build applications faster. The round values the startup at $1.7 billion. In a bid to ...
Samsung debuts new flagship Galaxy S21 phones, Bluetooth tracker and earbuds
Samsung Electronics Co. Ltd. today introduced its latest flagship smartphone series, the Galaxy S21 line, along with a Bluetooth location tracker for finding lost items and a pair of high-end wireless earbuds with a case that acts as a charger. Executives presented the devices during the company’s virtual Unpacked event, the scene of its biggest ...
Dropbox lays off 11% of its workforce as COO departs
Dropbox Inc. is laying off about 11% of its workforce, or 315 employees, in a move that Chief Executive Drew Houston described as “painful, but necessary.” Houston (pictured) notified employees about the cuts in an internal memo that was published today as part of a regulatory filing. In the same filing, Dropbox told shareholders that ...
Qualcomm inks $1.4B deal for chip startup Nuvia to boost processor lineup
Qualcomm Inc. said today it has signed a $1.4 billion deal to acquire Nuvia Inc., a chip startup led by Apple Inc.’s former top central processor unit engineer. The deal marks a quick exit for Nuvia, which emerged from stealth less than two years ago. Qualcomm’s $1.4 billion offer also represents a rapid and possibly significant ...
Fintech provider Rapyd raises $300M more for its global payments network
Startup Rapyd, which provides a platform that enables companies to process cross-border payments, has raised $300 million from an investor group led by Coatue in a funding round announced today. Companies such as e-commerce firms that have customers around the world often require the ability to accept multiple payment methods and currencies. The challenge is ...
AMD and Nvidia debut their newest consumer chips at CES
Advanced Micro Devices Inc. and Nvidia Corp. both expanded their consumer chip lineups today, respectively introducing new central processing units for laptops and a high-performance graphics card aimed at video game enthusiasts. The companies debuted the newest additions to their portfolios at the virtual Consumer Electronics Show. Their announcements follow a Monday presentation by mutual ...