Maria Deutscher
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In truce with activist investor Elliott, Twitter to buy back $2B in shares – and CEO Dorsey to stay
Twitter Inc. has struck a truce with Elliott Management Corp., an investment firm that was seeking to oust Chief Executive Officer Jack Dorsey. Twitter said today that it has inked a “cooperation agreement” with the activist hedge fund under which it will buy back $2 billion worth of its own shares. In addition, Elliott Management partner Jesse ...
Tech giants will keep paying contractors as more employees told to work from home
Updated with news of SXSW conference cancellation: Microsoft Corp. pledged Thursday evening to keep paying hourly workers who are losing shifts because of the coronavirus outbreak and several other tech giants have since said they would follow suit. A Facebook Inc. spokesperson told Business Insider today that the social network “will pay contingent workers that cannot ...
Microsoft targets healthcare sector with new Office 365, Azure features
Microsoft Corp. today made a timely addition to Office 365 in the form of new Microsoft Teams features for the healthcare sector designed to ease the delivery of virtual care. The update is joined by new patient data management capabilities in Azure. Microsoft Teams is the technology giant’s workplace communications and collaboration service. It’s getting ...
AMD teases future data center graphics chips and a 3D chip architecture
Advanced Micro Devices Inc. used its annual presentation for Wall Street analysts Thursday afternoon to share early details about its next generation of chips, as well as the technologies that will power them. Data center computing took center stage during the event, headlined by Chief Executive Officer Lisa Su (pictured). AMD revealed plans to deliver 5-nanometer central ...
Bain leads $23.5M round for corporate spend management startup Airbase
Airbase Inc., a cloud startup that helps companies manage business spending such as employee expenses and supplier fees, today said it has snagged a $23.5 million investment led by Bain Capital Ventures. The cash injection tops off a year in which Airbase claims to have quadrupled annual recurring revenues. The startup’s rapid growth helped it ...
Microsoft, Google and others tell Seattle staff to work remotely amid coronavirus outbreak
In response to the recent coronavirus cases in Washington state, major tech firms such as Microsoft Corp. and Salesforce.com Inc. have called on employees based out of the Seattle area to work from home. Salesforce on Wednesday evening issued guidance encouraging employees in Seattle, Kirkland and Bellevue to avoid coming into the office during March, ...
Former Waymo self-driving car engineer ordered to pay Google $179M in lawsuit
A court has ordered Anthony Levandowski, a former Waymo engineer and onetime head of Uber Technologies Inc.’s autonomous driving group, to pay Google LLC $179 million in connection with a high-profile legal dispute centered on self-driving cars. The ruling was first reported by Reuters on Wednesday evening. It affirms a December decision by an arbitration panel ...
Google Cloud extends its Speech-to-Text service to 7 new languages
Google LLC today upgraded Speech-to-Text, its artificial intelligence transcription service for enterprises, with expanded language support and better dialect recognition that will broaden the offering’s addressable market. The flagship enhancement is the addition of compatibility with seven new languages: Burmese, Estonian, Uzbek, Punjabi, Albanian, Macedonian and Mongolian. Speech-to-Text can now transcribe speech across a total ...
Twitter is testing self-deleting tweets called Fleets that disappear after 24 hours
Twitter Inc. is experimenting with a new type of tweet that disappears after 24 hours and can’t be liked or retweeted. The feature, dubbed Fleets, was announced today by Twitter head of product Kayvon Beykpour and is currently undergoing testing in Brazil. The social network is also piloting Fleets with its employees. The disappearing tweets ...
Facebook details AI system that helped it catch 900M fake accounts last year
Facebook Inc. today shared details about an internally developed artificial intelligence system it has used to identify and block more than 900 million fake accounts over the past two years. As the world’s largest social network, Facebook is a major target for online scammers. Bad actors open fake accounts on the platform to launch spam ...