Maria Deutscher
Latest from Maria Deutscher
Jury rules Apple, Broadcom must pay $1.1B for infringing Caltech patents
A federal jury in Los Angeles has found that Apple Inc. and Broadcom Inc. infringed upon patents belonging to the California Institute of Technology, ordering the two tech behemoths to pay a combined $1.1 billion to the university. The jurors issued the ruling late Wednesday after about five hours of deliberation. The case, which was ...
Avast shutters Jumpshot subsidiary after user data harvesting controversy
Avast Software s.r.o., one of the world’s largest antivirus providers, has decided to shut down one of its subsidiaries after an exposé revealed that the group sold data on users’ web activity to marketers. Avast Chief Executive Officer Ondrej Vlcek announced the move on the company’s blog this morning. The subsidiary at the center of ...
Mark Zuckerberg heads to Brussels as EU gears up tech industry oversight
Amid the European Union’s mounting scrutiny of Facebook Inc. and other tech giants, Chief Executive Officer Mark Zuckerberg will head to Brussels for a policy discussion with regulators. The trip is scheduled for mid-February and will also see Zuckerberg participate in the Munich Security Conference attended by world leaders. Facebook said in a statement that the CEO ...
Buoyed by turnaround progress, Commvault’s shares jump 8% after earnings
Shares of Commvault Systems Inc. rose more than 8% this morning on its third-quarter financial results, which beat both profit and revenue estimates thanks partially to strong growth in the company’s cloud business. Tinton Falls, New Jersey-based Commvault is a major provider of data protection software that also competes in adjacent areas such as storage ...
Facebook now lets users delete activity data it collects from other sites
Facebook Inc.’s ad targeting algorithms serve up promotions based on user data that the social network gathers via its platforms and from other services such as e-commerce websites. Today, the company launched a tool that will give consumers a measure of control over how it tracks them on other parts of the web. The tool, ...
Cisco infuses new voice AI, analytics capabilities into Webex portfolio
Cisco Systems Inc. kicked off its Cisco Live event in Barcelona today by rolling out two new tools to its Webex portfolio of communications and collaboration products, plus machine learning upgrades for the existing Webex Meetings service. The company announced the updates alongside a new release of its AppDynamics application management platform. The software, which ...
Two deals in a week: ServiceNow acquires Passage AI for its deep learning chatbots
Ahead of its earnings call this afternoon, ServiceNow Inc. today announced it has signed a deal to acquire Passage AI Inc., a startup specializing in chatbot development. Santa Clara, California-based Passage AI is the second artificial intelligence startup ServiceNow has acquired in the past week. It previously picked up Loom Systems Ltd., which provides an infrastructure ...
Scooter unicorn Bird raises $75M, acquires rival Circ to boost global growth
Bird Rides Inc., the scooter sharing startup valued at more than $2.5 billion, today announced that it has raised $75 million in additional funding and acquired competitor Circ to expand its global presence. The $75 million cash injection is an extension to the $275 million Series D round Bird closed in October. The investment was ...
After AppSheet buy, Google says it will shut down its low-code App Maker service
Google LLC today notified customers that App Maker, the low-code application development service included in G Suite, will be discontinued on Jan. 19, 2021. The product will be shut down in phases. Effective today, Google has stopped development work on App Maker, and the company will follow up the move on April 15 by removing ...
GM will invest $3B to scale up production of electric, self-driving vehicles
General Motors Co. said today that it will spend $3 billion to retool one of its main Michigan auto plants for the production of electric and self-driving vehicles. The lion’s share of the planned investment, $2.2 billion, will go directly into facility upgrades. GM said that it will bring in new “machines, conveyors, controls and ...