Maria Deutscher
Latest from Maria Deutscher
Microsoft’s LinkedIn to lay off 6% of its global workforce
Microsoft Corp.-owned LinkedIn today said that it is laying off about 960 employees, or approximately 6% of its global workforce, amid reduced demand for its recruiting solutions among business customers. Microsoft acquired LinkedIn four years ago in a $26.2 billion deal that propelled it to a key position in the social media landscape. Since the ...
Investors bet $170M that Innovium’s network chips can take on Broadcom
Innovium Inc., a semiconductor startup developing specialized chips for data center switches, today said that it has nabbed a mammoth $170 million round of funding. The investment brings Innovium’s total outside capital raised to date to $350 million. It saw the participation of Qualcomm Ventures and BlackRock Inc., the world’s largest asset manager, along with ...
Ivanti debuts Neurons platform to enable a ‘self-healing autonomous edge’
Ivanti Software Inc. today introduced a new platform called Ivanti Neurons that aims to help organizations automate the management of endpoints such as employee devices. It’s designed to enable what Chief Product Officer Nayaki Nayyar described as the “self-healing autonomous edge” in a new interview (below) on SiliconANGLE Media’s theCUBE. She was joined by Ivanti ...
eBay reportedly selling its classified ads business for nearly $9B
Following pressure from shareholders to offload noncore business units, eBay Inc. will reportedly sell its online classified ad unit in a deal worth nearly $9 billion. The Wall Street Journal reported in the early morning hours today that eBay was close to inking a deal with Norwegian firm Adevinta ASA. Adevinta is said to be ...
Apple enterprise partner Jamf targets $423M IPO after upping price range
Jamf Holding Corp., a maker of software that helps enterprises manage their employees’ Apple Inc. devices, today upped the target price for its forthcoming initial public offering to between $21 and $23 a share. The increase is a sizable jump over the $17 to $19 range Jamf was eyeing previously. The company, which counts IBM ...
Report: Microsoft will launch its next-gen Windows 10X platform in 2021
Microsoft Corp. plans to launch its Windows 10X next-generation operating system next year with initial availability on business and education-focused computers. The information reported today comes by way of sources who spoke to respected Microsoft watcher Mary Jo Foley at ZDNet. First previewed by Microsoft last year, Windows 10X is an upcoming variant of Windows ...
Slack adds new analytics and admin features to woo enterprises
Slack Technologies Inc. is rolling out new analytics and management features to make its team chat service more useful for large organizations. The enhancements will enable the company to support its most profitable customers more effectively. The updates, announced on Thursday, are headlined by a tool that makes it possible to collect data on how employees ...
Uber picks up software maker Routematch to advance public transit push
Uber Technologies Inc. today said that it’s acquiring Routematch Software Inc., an Atlanta-based firm whose software is used by public transit agencies worldwide to power their operations. The deal is an extension of Uber’s ongoing effort to expand into new markets. It could also potentially accelerate the company’s autonomous vehicle roadmap. Uber didn’t disclose the financial ...
Cloud data platform startup Qumulo lands $125M round at $1.2B+ valuation
Qumulo Inc., a startup with a data platform that can store billions of files, today joined the unicorn club after announcing it has raised $125 million at a valuation exceeding $1.2 billion. The round was led by BlackRock Inc., the world’s largest asset management firm. Madrona Venture Group, Kleiner Perkins and Highland Capital Partners joined in. ...
In potential blow to tech giants, top EU court strikes down Privacy Shield
The European Court of Justice today struck down the transatlantic data-sharing agreement known as the EU-US Privacy Shield in a ruling that will limit what tech giants can do with their users’ information. The EU-US Privacy Shield is a legal framework implemented by the European Union and the U.S. in 2016. It allows, or more ...