Maria Deutscher
Latest from Maria Deutscher
Microsoft wins multiyear cloud and AI deal with FedEx to improve package deliveries
Microsoft Corp. and FedEx Corp. today unveiled a multiyear partnership under which the logistics giant will use Microsoft’s Azure cloud service to build a machine learning-powered platform for predicting package delivery delays. The planned platform, FedEx Surround, is expected to be the first of several new offerings that will emerge from the collaboration. The companies ...
Facebook is acquiring Giphy for a reported $400M to boost its social platforms
Facebook Inc. today revealed that it’s acquiring Giphy Inc., the startup behind the GIF animated image sharing platform of the same name, in a deal an Axios report pegged at $400 million. Giphy was founded in 2013 and has raised around $150 million from investors including Lightspeed Venture Partners. The startup was reportedly valued at about $600 ...
US implements new rules to restrict Huawei’s access to chip technology
The U.S. Commerce Department today announced measures designed to prevent China’s Huawei Technologies Co. Ltd. from acquiring chips that use American technology. In May 2019, the Trump administration implemented a rule requiring U.S. companies to obtain a license before exporting products to Huawei. As part of the move, the Commerce Department placed the Chinese technology ...
Microsoft acquires 5G software maker Metaswitch to draw more carriers to Azure
Microsoft Corp. hopes to make its Azure cloud platform more attractive for telecommunications companies through the newly announced acquisition of Metaswitch Networks Ltd., a veteran provider of network management software. Yousef Khalidi, corporate vice president of Azure networking, disclosed the deal in a blog post today. The company is not sharing the financial terms, but ...
More cybersecurity consolidation: Venafi acquires Kubernetes startup Jetstack
Venafi Inc., a major player in the so-called machine identity protection segment of the cybersecurity market, is acquiring Jetstack Inc., a small startup focused on Kubernetes security. The concept behind machine identify protection is to ensure that a system to which a company sends data is safe. That’s accomplished with security certificates, hard-to-forge cryptographic identifiers ...
Intel’s new vPro chips for business PCs pack AI-powered threat detection
Intel Corp. has refreshed its vPro line of central processing units for business laptops, desktops and workstations with new chips that offer better performance as well as built-in threat detection features powered by machine learning. The chips, unveiled Wednesday afternoon, are all based on Intel’s 14-nanometer Comet Lake architecture. Their debut comes two weeks after ...
AWS open sources cloud development kit to make Kubernetes easier to use
Amazon Web Services Inc. today launched Cloud Development Kit for Kubernetes, or cdk8s, an open-source development toolkit designed to make Kubernetes clusters easier to build and maintain. Kubernetes has emerged as the go-to framework for managing software containers in the enterprise. It allows engineers to compose container clusters by defining configuration details in the relatively simple YAML ...
CyberArk shells out $70M for access management provider Idaptive
Publicly traded cybersecurity provider CyberArk Software Ltd. is shelling out $70 million to buy Idaptive LLC, a firm that offers a platform for managing access to enterprise systems. CyberArk announced the deal this morning before its first-quarter earnings call. The company, which like Idaptive focuses on helping enterprises manage access to internal systems, beat the Zacks ...
VMware acquires Accel-backed Kubernetes security startup Octarine
VMware Inc. today announced plans to acquire Octarine Inc., an Accel-backed startup that develops cybersecurity software for protecting Kubernetes clusters from hacking. Financial terms were not disclosed. Octarine, based in Sunnyvale, California, has raised at least $9 million in funding from Accel and its other investors, namely Battery Ventures, Liberty Technology Venture Capital and Sorenson ...
Waymo raises $750M more to advance its autonomous vehicle roadmap
Waymo LLC, the Alphabet Inc. subsidiary developing self-driving taxis and trucks, today revealed that it has raised an additional $750 million in funding to support its efforts. The financing comes as an extension to the mammoth $2.25 billion round Waymo announced in the beginning of March. That initial tranche came from a group of outside ...