Maria Deutscher
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Access management provider Thycotic buys Onion ID to expand product reach
Cybersecurity firm Thycotic Inc., whose software for managing employee passwords is used by a quarter of the Fortune 100, today announced that it has acquired fellow cybersecurity provider Onion ID Inc. and its three products. Thycotic and Onion ID both compete in the so-called privileged access management market. Their products help companies manage how employees ...
Cloudian’s new HyperIQ monitoring service uncovers storage and security issues
Cloudian Inc. today pulled back the curtains on HyperIQ, a monitoring service that will enable customers of its object storage platform to identify operational issues and suspicious activity in their environments. San Mateo, California-based Cloudian is backed by $173 million in funding from investors that include Goldman Sachs. The company sells an object storage software ...
Microsoft previews Azure Maps Creator to enable indoor location apps and AR
Microsoft Corp. today announced the preview of Azure Maps Creator, a new tool in its public cloud platform that will enable companies to create custom indoor maps for use cases such as finding misplaced employee laptops and building augmented reality applications. The tool joins Microsoft’s Azure Maps suite of location services. Azure Maps provides access to maps ...
Equinix acquires 13 data center sites from Bell Canada in $750M deal
Data center operator Equinix Inc. today said that it has inked a $750 million deal to acquire 13 data center sites from BCE Inc., better known as Bell Canada, Canada’s largest telecommunications company. The transaction is expected to close by year’s end. The 13 data center sites that will join Equinix’s portfolio are home to 25 individual facilities, ...
Uber introduces Uber Hourly for long trips as it explores new revenue sources
Uber Technologies Inc. is launching another new service in its ride-hailing app as it experiments with ways to offset the impact of the coronavirus pandemic on its business. The service, which is expected to become available in some U.S. cities on Tuesday following a limited international pilot, allows passengers to book rides by the hour. It caters to ...
Magic Leap CEO Rony Abovitz steps down amid enterprise refocus
Magic Leap Inc., a high-profile mixed-reality startup that has raised more than $2 billion from investors over the years, is undergoing a leadership shakeup: Founder and Chief Executive Officer Rony Abovitz revealed in a Thursday blog post that he is stepping down after nine years at the helm. The development follows an April report that claimed the ...
Object storage startup Wasabi raises $30M to take on cloud giants
Wasabi Technologies Inc. today announced that it has raised $30 million in funding to expand its cloud storage platform, which competes with services such as Amazon Web Services Inc.’s S3 and added 10,000 new customers last year. Boston-based Wasabi was founded in 2015 by veteran tech entrepreneurs David Friend and Jeff Flowers. In a 2017 interview on ...
Qualcomm’s new Wi-Fi 6E chips promise ultrafast wireless connections
In its third new semiconductor product launch since April, Qualcomm Inc. today introduced a set of wireless networking chips to enable multigigabit wireless connections for mobile devices and routers. Current wireless devices transmit data over the 2.4-gigahertz and 5-gigahertz bands of the radio spectrum. This year, the U.S. government made 6G available as well, more than tripling the ...
Morpheus’ multicloud management platform gets new security, automation features
Morpheus Data LLC, the maker of a multicloud management platform used by the likes of McDonald’s Corp., today debuted new security and automation features meant to ease infrastructure management for enterprises. Greenwood Village, Colorado-based Morpheus spun out of private equity firm Bertram Capital in 2015. Its namesake platform acts as a centralized hub for managing technology ...
NetApp and Nutanix earnings provide an update on a pandemic-rattled IT landscape
Storage supplier NetApp Inc. and information technology management provider Nutanix Inc. posted quarterly earnings Wednesday afternoon, providing an update on how the coronavirus pandemic has affected their respective businesses. NetApp’s revenue and profit both fell in the quarter ended April 24 from a year ago, but earnings per share beat expectations. Nutanix’s results also beat expectations ...