Maria Deutscher
Latest from Maria Deutscher
Microsoft buys Affirmed Networks to push into the 5G networking market
Microsoft Corp. today made a significant move into the 5G networking market with the acquisition of Affirmed Networks Inc., a maker of infrastructure management software for wireless carriers. The terms of the deal were not disclosed. But the price tag was likely substantial given that Affirmed Networks has raised about $155 million in funding and ...
Slack rockets past a billion usage minutes per day after adding 9,000 new customers
Slack Technologies Inc. Chief Executive officer Stewart Butterfield took to Twitter on Wednesday afternoon to share new data about the rapid user growth the company is seeing as a consequence of the coronavirus pandemic. Butterfield’s tweets came about a week after the Slack disclosed it had added paying 7,000 customers between Feb. 1 and March ...
Palo Alto Networks aims to secure DevOps workflows with new Prisma Cloud release
Palo Alto Networks Inc. today debuted a new release of Prisma Cloud, its cloud security platform, that adds features for blocking vulnerabilities during the application development and deployment process. Prisma Cloud combines several different technologies that Palo Alto Networks obtained through a recent startup acquisition spree. The company shelled out more than $1 billion on acquisitions in ...
Microsoft and Facebook team up with WHO to host coronavirus hackathon
Microsoft Corp., Facebook Inc. and other tech companies have set up a hackathon to spur the development of new software for tackling the coronavirus pandemic. The #BuildForCOVID19 hackathon, announced Tuesday, is being launched in collaboration with the World Health Organization. Twitter Inc., Slack Technologies Inc. and Pinterest Inc. are among the firms taking part. The contest ...
Internet giants’ ad revenue set to plummet in 2020 even as user traffic surges
Global web traffic is soaring amid the coronavirus pandemic, but the usage deluge is not translating into more ad revenue for internet giants. A new projection from Cowen & Co. picked up by Variety today estimates that Facebook Inc. and Google LLC, which command more than half of the U.S. digital ad market, will take a combined ...
Facebook’s Instagram, Pinterest launch new features to address coronavirus
Facebook Inc.’s Instagram and Pinterest Inc. today moved to address the effects of the coronavirus pandemic on their users by releasing a number of new features, including a screen-sharing capability and tools for combating misinformation. Instagram has added a co-watching option that allows a user to browse content together with contacts via video chat. The ...
Report: Facebook may buy multibillion-dollar stake in Indian carrier Reliance Jio
Facebook Inc. is preparing to make a big investment in India, if a new report is to be believed. The Financial Times today cited two unnamed sources as saying that the social network is looking to acquire a 10% stake in Reliance Jio Infocomm Ltd., an Indian wireless carrier with an estimated valuation of over $60 billion. ...
AWS charges Pentagon wants to give Microsoft a ‘do-over’ on contested JEDI bid
In a court filing made public today, Amazon Web Services Inc. is charging that the Pentagon is unfairly favoring rival Microsoft Corp. as part of its reevaluation of the JEDI contract. The JEDI, or Joint Enterprise Defense Infrastructure, contract is a $10 billion cloud computing deal that the Pentagon awarded to Microsoft in October. The ...
With DLSS 2.0, Nvidia is harnessing AI to improve games’ visual fidelity
Nvidia Corp.’s data center unit posted record sales last quarter, but the chipmaker’s main revenue source continues to be its consumer business, which sells graphics processing units for playing video games. Today, Nvidia introduced a new technology called DLSS 2.0 aimed at strengthening its position in that market. DLSS 2.0, is an artificial intelligence framework ...
SoftBank is selling off $41B worth of assets after coronavirus share price crash
SoftBank Group Corp. told shareholders today that it plans to put $41 billion worth of assets on the auction block to help pay down debts and boost its share price. The announcement achieved the intended effect, sending the Japanese tech behemoth stock soaring more than 18% in trading. But the real test will be how ...