Maria Deutscher
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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 ...
Decibel picks up $40M in funding to optimize customer experience with AI
London-based startup Decibel Insight Ltd. today announced that it has raised $40 million in funding for its customer experience analytics platform, which is used by Adidas AG, Sony Corp. and about 200 other companies on the Fortune Global 500 list. Private equity firm Perwyn led the round. The financing represents an expansion of a $17 million ...
Docker and Microsoft join forces to simplify container projects on Azure
Ahead of its virtual DockerCon event on Thursday, Docker Inc. today revealed an expanded partnership with Microsoft Corp. that will see the companies collaborate to ease development projects for their customers. Microsoft, like the other major infrastructure-as-a-service providers, has added extensive support for software containers to its public cloud to address the industry shift towards ...
Google unveils new Search and Maps features to aid local businesses
Google LLC today announced new features for Search and Maps to help small businesses connect with customers amid the coronavirus pandemic. The updates are being introduced following what Jen Fitzpatrick, Google’s senior vice president of Maps, described as a more than 700% jump in interest around the search phase “how to help small businesses” since ...
StrandHogg 2.0 vulnerability in Android lets hackers hijack apps to steal victims’ data
Researchers at a Norwegian cybersecurity firm have discovered a vulnerability in Android that can be exploited by malicious apps to steal user data such as passwords, files and text message conversation logs. Promon AS, the firm that identified the vulnerability, publicly shared its findings today. Google LLC rolled out a patch a few weeks ago ...
Arm unleashes a new wave of chip designs for high-end mobile devices
Arm Ltd., the top maker of semiconductor designs for smartphones, today introduced a new lineup of chips that includes its fastest central processing unit yet, a graphics processing unit for speeding up mobile video games and an enhanced artificial intelligence accelerator. U.K.-based Arm doesn’t make chips itself but rather sells blueprints under license to semiconductor ...