Maria Deutscher
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Cohesity raises $250M more to consolidate enterprise data management
Cohesity Inc., a startup that makes software for managing and backing up enterprise data, today announced that it has closed a $250 million funding round at a $2.5 billion valuation. The investment comes after Cohesity logged a 150% jump in recurring revenue during the first half of its 2020 fiscal year. In the same period, ...
Cisco researchers fool Samsung, Apple fingerprint sensors using a 3D printer
Researchers from Cisco Systems Inc.’s Talos cybersecurity unit today revealed that they’ve managed to unlock devices from Samsung Electronics Co. Ltd., Apple Inc. and other consumer hardware makers using fake fingerprints created with a 3D printer. Handsets including the iPhone use a built-in fingerprint sensor to enable biometric authentication. So does the MacBook and other laptop ...
As it pushes deeper into the enterprise, Veeam upgrades service provider program
Data protection giant Veeam Software Inc. is marking the 10th anniversary of its service provider program today by launching new tools and pricing updates meant to boost partners’ business. Veeam earlier this year was acquired by investment firm Insight Partners in a $5 billion deal. The company, which logged revenues of more than $1 billion last year, sells a ...
Zoom forms advisory council to address security issues as rivals tout competing tools
Zoom Video Communications Inc. today formed a council of outside cybersecurity executives to help it address concerns about the way it handles user privacy. Zoom’s reputation took a hit recently after researchers flagged multiple security issues with its namesake video conferencing service. New York City’s education department, SpaceX Corp. and a number of other organizations ...
Facebook’s WhatsApp limits message forwarding to combat misinformation
Encrypted communications app WhatsApp announced today that it’s limiting how easily users can forward messages in a bid to combat the spread of misinformation amid the coronavirus pandemic. Last year, WhatsApp started displaying a double arrow icon next to messages forwarded more than five times as a way of distinguishing them in the app interface. ...
Fintech unicorn SoFi shells out $1.2B for financial API provider Galileo
Financial technology unicorn Social Finance Inc., better known as SoFi, today said that it has inked a deal to acquire partner Galileo Financial Technologies Inc. for $1.2 billion in cash and stock. Galileo will operate as an independent subsidiary of SoFi after the transaction is completed. The company’s chief executive officer, Clay Wilkes, will stay ...
Intel pledges $50M for coronavirus research and tech projects
Intel Corp. today committed an additional $50 million toward coronavirus response efforts and detailed some of the initiatives it’s supporting, including a project to develop a new mass-producible ventilator. The commitment comes on top of a $10 million donation the chipmaker announced earlier. Intel is dividing the new capital among three programs each aimed at helping in a ...
Google launches Local Home SDK to boost edge computing in the smart home
Google LLC today announced the general availability of Local Home SDK, a development toolkit that will help connected-device makers improve the reliability and responsiveness of their products. Connected devices such as smart kitchen appliances often offload processing tasks to a cloud-based backend. That helps manufacturers keep the complexity and cost of their devices low, but it ...
IBM CEO Arvind Krishna shakes up leadership team on first day at the helm
IBM Corp. Chief Executive Officer Arvind Krishna, who officially took the helm today after being selected to succeed Ginni Rometty in January, has announced a series of major leadership changes at the company. The shakeup is part of Krishna’s plan to refocus IBM on hybrid cloud computing and artificial intelligence. These two trends, Krishna (pictured) ...
Microsoft joins $215M investment in photonic quantum computer startup PsiQuantum
Microsoft Corp.’s M12 venture capital arm and a number of other prominent investors have bet $215 million on PsiQuantum Corp., a startup aiming to build a million-qubit photonic quantum computer within a few years. The investment was first reported by Bloomberg today. It makes PsiQuantum one of the most well-funded startups in the quantum computing ecosystem. Palo Alto, ...