Maria Deutscher
Latest from Maria Deutscher
A team of researchers has developed an algorithm that analyzes data such as tweets and Google searches to forecast coronavirus outbreaks. The team, led by Harvard scientists Mauricio Santillana and Nicole Kogan, presented the algorithm in a paper submitted last Thursday to …
Uber to acquire Postmates in a $2.65B all-stock deal
Uber Technologies Inc. today announced plans to acquire competing food delivery provider Postmates Inc. in a $2.65 billion all-stock deal. The transaction is a win for Postmates’ investors. The $2.65 billion Uber will pay is a premium to the $2.4 billion valuation …
Grocery delivery startup Instacart picks up $100M at $13.8B valuation
After seeing customer orders on its grocery delivery platform surge more than sixfold in May, Instacart Inc. today said that it has raised $100 million at a $13.8 billion valuation. The investment was first reported by Axios. The $13.8 billion valuation is …
Intel makes $250M bet on Indian mobile carrier Jio
Intel Corp.’s venture arm is making an investment worth about $250 million in India’s largest mobile carrier, Jio Platforms Limited. Intel said on Thursday that the deal will buy it a 0.39% stake, which is believed to value Jio at $65 billion. Jio …
After IPOs, shares of Lemonade more than double and Accolade soars
Shares of Lemonade Inc. and Accolade Inc. spiked today after their initial public offerings, with the former company seeing its market capitalization more than double and the latter rising in excess of 40% at one point. The successful listings are a positive sign for other …
Informatica buys Compact Solutions in first acquisition under new CEO
Data management firm Informatica LLC today said that it has acquired partner Compact Solutions LLC, whose software helps enterprises track what happens to business records they keep in internal systems such as mainframes. The terms of the deal were not disclosed. The …
CEOs of Apple, Google, Amazon and Facebook will testify before Congress in July
Apple Inc., Google LLC, Amazon.com Inc. and Facebook Inc. have indicated that their chief executives will testify before Congress as part of lawmakers’ investigation into competitive practices in the tech industry. A spokesperson for the House Judiciary Committee confirmed the CEO participation late Wednesday after …
Google pushes back office reopening plan to Sept. 7 ‘at the earliest’
Google LLC was set to begin reopening some of its offices on July 6, but has now pushed back the plan to Sept. 7 “at the earliest.” The search giant confirmed the move today in a statement to TechCrunch, after a copy of …
Lemonade seeks $308M IPO after raising target price range
Artificial intelligence-powered insurance provider Lemonade Inc. has raised the price target for the initial public offering it’s set to hold later today, with the startup now on track to rise as much as $308 million not including underwriter over-allotments. New York-based Lemonade is …
AWS releases App2Container tool for containerizing applications
Amazon Web Services Inc. on Tuesday released App2Container, a command line tool that can quickly turn existing Java and .NET applications into containerized services without code changes. The tool will save time for AWS customers looking to adopt software containers, which enable …