Maria Deutscher
Latest from Maria Deutscher
Jamf Holding Corp. floated on the Nasdaq stock exchange today after raising $468 million in a bigger-than-expected initial public offering that exceeded multiple price targets. Jamf, which provides software products enterprises use to manage employees’ Apple Inc. devices, had originally planned to put …
Huddl.ai launches from stealth mode to take on Zoom
Collaboration startup Huddl Inc. exited stealth mode today with $8.7 million in funding and an artificial intelligence-infused videoconferencing service that aims to provide an alternative to Zoom. Huddl, which does business as Huddl.ai in a nod to its AI features, is backed by investors …
Solo.io pitches unified control layer for application traffic with Gloo Federation
Solo.io Inc. today introduced a new product, Gloo Federation, that allows enterprises to enable central management of how traffic flows to their cloud applications and other backend workloads. Cambridge, Massachusetts-based Solo.io is backed by more than $11 million in funding from investors, …
In antitrust complaint, Slack accuses Microsoft of illegally boosting Teams
Slack Technologies Inc. today filed an antitrust complaint in the European Union accusing Microsoft Corp. of illegally boosting Teams, the software giant’s competing team communications service. The move comes two months after Slack Chief Executive Officer Stewart Butterfield said the technology giant is …
AI takes center stage in Amazon’s latest big update to the Alexa developer toolkit
Amazon.com Inc. today announced a major update to its Alexa voice assistant’s developer toolkit that brings artificial intelligence improvements, as well as features that will give consumers new ways of using the service. The update was unveiled during the company’s virtual Alexa …
Microsoft’s LinkedIn to lay off 6% of its global workforce
Microsoft Corp.-owned LinkedIn today said that it is laying off about 960 employees, or approximately 6% of its global workforce, amid reduced demand for its recruiting solutions among business customers. Microsoft acquired LinkedIn four years ago in a $26.2 billion deal that …
Investors bet $170M that Innovium’s network chips can take on Broadcom
Innovium Inc., a semiconductor startup developing specialized chips for data center switches, today said that it has nabbed a mammoth $170 million round of funding. The investment brings Innovium’s total outside capital raised to date to $350 million. It saw the participation …
Ivanti debuts Neurons platform to enable a ‘self-healing autonomous edge’
Ivanti Software Inc. today introduced a new platform called Ivanti Neurons that aims to help organizations automate the management of endpoints such as employee devices. It’s designed to enable what Chief Product Officer Nayaki Nayyar described as the “self-healing autonomous edge” in …
eBay reportedly selling its classified ads business for nearly $9B
Following pressure from shareholders to offload noncore business units, eBay Inc. will reportedly sell its online classified ad unit in a deal worth nearly $9 billion. The Wall Street Journal reported in the early morning hours today that eBay was close to …
Apple enterprise partner Jamf targets $423M IPO after upping price range
Jamf Holding Corp., a maker of software that helps enterprises manage their employees’ Apple Inc. devices, today upped the target price for its forthcoming initial public offering to between $21 and $23 a share. The increase is a sizable jump over the …