Maria Deutscher
Latest from Maria Deutscher
Court upholds FCC’s net neutrality repeal: States may set their own rules
The Federal Communications Commission’s 2017 repeal of net neutrality protections was upheld by an appeals court today, but the judges presiding over the case ruled that states can create their own rules in place of the scrapped regulation. Net neutrality is one of the most hot-button issues in internet policy-making. The term, which was coined ...
Report: Amazon is leasing retail spaces to launch a new grocery store chain
Amazon.com Inc.’s burgeoning brick-and-mortar operation could soon include a new grocery store chain separate from Whole Foods. That’s according to a report published today in the Wall Street Journal, which cited the usual “people familiar with the matter” as saying the company has rented more than a dozen retail spaces in the Los Angeles area. ...
Fintech startup Rapyd lands $100M in funding from Stripe-backed group
Rapyd, a London- and Mountain View, California-based financial technology startup, today announced its second funding round of the year in the form of a $100 million investment led by Oak HC/FT. A half-dozen other backers participated as well. They included payment processing unicorn Stripe Inc., which received a $35 billion valuation last month, and venture capital ...
Verizon acquires the technology assets of heavily funded AR startup Jaunt
After a six-year run that saw it raise $100 million in funding, it appears that augmented reality startup Jaunt Inc. is winding down. A terse press release published today revealed that Jaunt’s technology and “certain other assets” have been bought by Verizon Communications Inc. for an undisclosed sum. The startup said the acquired assets include ...
More IPO woe: WeWork to pull filing as new co-CEOs plan restructuring
The We Co., parent of WeWork, today announced plans to withdraw its S-1 filing, delaying its initial public offering indefinitely. The co-working space provider had originally intended to hit the stock market as early as this month but was forced to change course after lackluster interest from Wall Street. Later, WeWork said that the listing ...
Congress reportedly looking into Google’s plans for stronger Chrome encryption
The House Judiciary Committee’s antitrust review of Google LLC has reportedly taken a new turn. In addition to the company’s ad business and its dominance of the search market, Congressional investigators are now said to be looking into a less obvious topic of interest: Chrome encryption. The Wall Street Journal reported Sunday evening that the committee had sent ...
Pushing ahead with European expansion, Google plots new data center in Poland
Google LLC will open a cloud data center in Warsaw, Poland, to provide better service to Central and Eastern European companies, the company announced today. The search giant plans to build three so-called availability zones as part of the project. Availability zones are server farms that are located in close proximity to one another, usually ...
Anonymous researcher publishes ‘unpatchable’ iOS exploit
A security researcher who goes by the pseudonym “axi0mX” has discovered a supposedly unpatchable iOS vulnerability affecting six generations of Apple Inc. devices. The anonymous exploit finder published code demonstrating the bug on GitHub earlier today, and, just hours later, members of the cybersecurity community appear to have verified that it works. The vulnerability is ...
Uber merges ride-hailing and food delivery into a single app
Uber Technologies Inc. is merging its food delivery service into its main ride-hailing app to provide users with a single destination for accessing on-demand transportation. The integration is one of several upcoming changes Uber previewed today at an event in San Francisco. The company is looking to provide a smoother user experience for customers who rely on ...
Facebook now reportedly facing an antitrust probe from the DOJ
Officials at the U.S. Justice Department are preparing to launch an antitrust investigation into Facebook Inc., it was reported Wednesday evening. The information comes by way of Bloomberg and Reuters, which both attributed the news to an unnamed “person familiar with the matter.” Bloomberg reported that the probe is being opened at the urging of ...