Maria Deutscher
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Verizon is acquiring Zoom rival BlueJeans for a reported $400M
Verizon Communications Inc. today announced plans to buy Blue Jeans Network Inc., better known as BlueJeans, a videoconferencing provider whose products compete with Zoom and Microsoft Teams. The carrier didn’t disclose how much it’s spending on the acquisition. But CNBC reported that the deal is valued at around $400 million, while the Wall Street Journal pegged ...
Dell-backed storage startup Vast Data raises $100M at $1.2B valuation
Vast Data Inc., an emerging data center storage provider backed by Dell Technologies Inc., today announced that it has secured $100 million in funding at a $1.2 billion valuation. The startup previously raised $80 million across three rounds. Renen Hallak, the startup’s chief executive officer, said Vast Data still had $40 million left over from ...
DOD watchdog claims limited evidence shows no White House pressure in JEDI award
The U.S. Defense Department’s internal watchdog agency said today that the evidence it has received on the JEDI contract suggests procurement personnel weren’t pressured by the White House to award the deal to Microsoft Corp. However, the watchdog added that it “could not review this matter fully” because some DOD officials didn’t answer questions. The ...
Report: Airbnb raises $1B more in debt to weather bookings plunge
Airbnb Inc. has taken out a $1 billion line of credit to help it cope with the sharp plunge in travel bookings brought about by the coronavirus pandemic, multiple publications reported late Tuesday. The loan marks the second tranche of capital the company has raised in recent weeks. On April 6, Airbnb secured $1 billion ...
Apple unveils $399 iPhone SE with same A13 Bionic chip as its flagship model
Having to make do without the physical press conference that usually accompanies its product launches, Apple Inc. today used a newsroom post and a YouTube video to unveil the long-rumored iPhone SE, which will become available for order on Friday starting from $399. The iPhone SE will hit the market with one of the lowest ...
Apple launches mobility reports to show how people’s movements have changed
Following in Google LLC’s footsteps, Apple Inc. today launched a tool that visualizes how the number of people driving, walking and taking public transit has changed amid the coronavirus pandemic. The new Mobility Trends Reports are available at a dedicated page Apple has set up on its website. On launch, the tool displays information for an ...
AMD unveils 3 new Epyc server chips with ‘world’s highest’ core speeds
Advanced Micro Devices Inc. today pulled back the curtains on a trio of Epyc central processing units for servers that it says provide the “world’s highest” per-core performance. The CPUs, which are launching under the Epyc 7Fx2 brand, are based on AMD’s seven-nanometer Zen 2 architecture. There are 8, 16 or 24 cores per chip ...
Report: Google is designing a custom five-nanometer chip for its Pixel phones
Google LLC engineers are working on a five-nanometer processor to power future Pixel smartphones and Chromebooks, Axios reported today. The chip, which is being referred to as Whitechapel inside the search giant, appears to be at a fairly advanced phase of development. Google reportedly received the first working prototypes sometime in the past few weeks. However, ...
Amazon will add 75,000 more workers to cope with online shopping surge
Amazon.com Inc. said today that it will recruit an additional 75,000 workers on top of the 100,000 new hires it has brought aboard since mid-March to cope with the explosive growth of online grocery shopping. The retailing giant has increased its order capacity by more than 60% in response to the coronavirus pandemic. However, its ...
Report: Apple’s 2020 iPhones will feature flat sides, AR and AI optimizations
This year’s iPhones will reportedly sport a new, more rectangular design inspired by the iPad Pro, as well as an improved processor that will provide extra computing power for augmented reality and artificial intelligence apps. The enhancements were detailed this morning by Bloomberg, which cited the usual unnamed insiders. Previous reports have suggested that Apple ...