Maria Deutscher
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Microsoft acquires data model maker ADRM Software
Continuing an acquisition streak that has seen it buy at least three companies so far this year, Microsoft Corp. today announced the purchase of ADRM Software Inc., a firm focused on helping large enterprises manage their data. North Carolina-based ADRM has been in business for three decades. The firm sells data models, the blueprints enterprises ...
Report: RPA firm UiPath is in talks to raise capital at possible $10B+ valuation
Robotic process automation provider UiPath Inc. is reportedly holding talks with prospective investors about raising new financing. Bloomberg, which reported on the negotiations Wednesday, cited sources as saying that the potential funding round could value UiPath at more than $10 billion. The company was most recently valued at $7 billion after raising a $568 million investment that included ...
Intel debuts new AI-optimized Cooper Lake and Stratix chips
Intel Corp. today unveiled its latest generation central processing units for large, high-socket count servers, as well as a new accelerator chip that packs an artificial intelligence module developed together with Microsoft Corp. Cooper Lake is the codename for the new server CPUs. There are 11 of them and the entire set is designed to power ...
In reversal, Zoom will release end-to-end encryption feature for free users
Zoom Video Communications Inc. today said that it will make end-to-end encryption available for free users of its service, after previously stating only paid accounts would receive access to the upcoming feature. Zoom in April launched an effort to improve cybersecurity practices after researchers found multiple vulnerabilities in its desktop applications. As part of the ...
DOJ, senators propose reducing tech giants’ Section 230 legal shield
The U.S. Department of Justice and senator Josh Hawley today introduced legislative proposals that aim to restrict the legal protections afforded to tech giants under Section 230. Section 230 is a statute in the Communications Decency Act, a piece of legislation dating back to the 1990s, that limits internet companies’ liability over content posted to ...
Apple is under fire after rejecting an update to email app Hey over App Store rules
Apple Inc., which this week became the subject of an antitrust probe over its rules around in-app purchases on iOS, has drawn criticism for rejecting an update to a new email app over its lack of an in-app payment option. The email app in question, Hey, was launched on Monday by Basecamp Development Ltd. Basecamp is ...
Kubernetes startup Kubermatic, formerly Loodse, open-sources its core technology
Loodse GmbH, a Kubernetes startup with a notable role in the open-source ecosystem, today rebranded itself Kubermatic and released a new version of its infrastructure automation platform under an open-source license. Kubernetes is the go-to framework for managing software container clusters in the enterprise so applications can run on a variety of computing environments. It ...
Salt Security lands $20M funding round to defend APIs from hackers
The growing role of application programming interfaces in enterprise technology environments is making them a more attractive target for hackers. Palo Alto, California-based Salt Security Inc. today announced that it has raised $20 million in funding to tackle that threat. The round was led by Tenaya Capital, a California venture firm notable for its early ...
Dell launches new Kubernetes-integrated PowerScale data storage systems
Dell Technologies Inc. today pulled back the curtains on PowerScale, a new line of flash storage systems that feature integration with Kubernetes as well as a new tool for managing data in multicloud environments. PowerScale systems are designed to store unstructured information that is kept in the form of files or objects. The array family succeeds ...
Apple hit with dual antitrust investigations by the European Commission
Apple Inc. is the subject of two new European Commission antitrust investigations that will seek to determine if the company broke competition law with the App Store and Apple Pay. The European Commission, the EU’s executive branch and antitrust regulator, announced the probes today. The action follows regulatory complaints from some of Apple’s competitors. The ...