Maria Deutscher
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California officials reveal probe into Facebook’s privacy practices
California officials revealed that they’re investigating Facebook Inc. over its privacy practices in a news conference this morning, just hours after the social network disclosed it had inadvertently made some user data accessible to outside app developers. California Attorney General Xavier Becerra opened the probe 18 months ago to look into the Cambridge Analytics scandal. ...
Vision Fund’s stumbles leave SoftBank with $6.5B quarterly loss, first in 14 years
The second quarter was not kind to SoftBank Group Corp. or its portfolio companies. The Japanese technology conglomerate today posted financial results for the three months ended Sept. 30, revealing a 704 billion yen, or $6.5 billion, loss caused by the Vision Fund. Launched in 2017, the Vision Fund is a $100 billion investment vehicle through ...
Coveo nabs mammoth $172M round to make sites easier to navigate with AI
Canadian software-as-a-service provider Coveo Inc. officially joined the unicorn club today after announcing that it has closed $227 million Canadian dollars ($172 million) in funding at a $1.1 billion valuation. The late-stage investment brings the company’s total capital raised to $402 million. Much of the money from the previous funding rounds is still in the ...
Google launches OpenTitan project to enable more secure silicon chips
Google LLC today launched OpenTitan, an open-source initiative designed to encourage the development of so-called root-of-trust technology for data center and consumer devices. When a system is described as having a root of trust, it means there’s a specialized chip or module responsible for blocking hacking attempts. In Google’s latest Pixel 4 phones, for instance, ...
UPS and CVS use drones to deliver prescription medicine to patients
United Parcel Service Inc. today said that it has completed a proof-of-concept trial with CVS Pharmacy Inc. in which they used drones to deliver prescription medication to patients’ home. The test, conducted on Nov. 1, represents the latest milestone in UPS’ fast-paced autonomous air freight initiative. The logistics giant unveiled its collaboration with CVS just two ...
CrowdStrike’s Falcon security platform lands on AWS with new container features
Microsoft Ignite isn’t the only enterprise technology conference going on this week. CrowdStrike Holdings Inc., the recently public cybersecurity provider, is hosting an event of its own in California today where it unveiled new features for its flagship Falcon endpoint protection software. The main highlight: The product is now available on Amazon Web Services via the ...
Vitess, the database clustering system powering YouTube, graduates CNCF incubation
The Cloud Native Computing Foundation today announced that Vitess, a database clustering system it took under its wing two years ago, has graduated incubation, becoming the eighth open-source project to achieve the milestone to date. Vitess was born in 2010 from an internal development program at YouTube. The Google LLC subsidiary needed an easier way ...
Sumo Logic acquires Dell-backed Jask for its security automation technology
Sumo Logic Inc., an analytics and cybersecurity provider that recently achieved unicorn status, today announced that it has acquired Jask Labs Inc. for an undisclosed sum to provide more threat detection capabilities for customers. Redwood City, California-based Sumo Logic provides an analytics platform that information technology departments use to gain deeper insight into the health ...
At Ignite, Microsoft turns the spotlight on productivity with Project Cortex and Fluid
Microsoft Corp. opened its annual Ignite conference today in Orlando, Florida, by unveiling new developer tools and a slew of Office 365 features designed to help business users spend their time more efficiently. Office 365, the subscription service that includes the likes of Outlook, Word and Excel, is part of Microsoft 365, which provides those Office ...
HubSpot snaps up cloud integration startup PieSync
HubSpot Inc. today announced that it has acquired PieSync NV, a venture-backed Belgian startup with a service for enabling data sharing between cloud applications, for an undisclosed amount. Publicly traded HubSpot provides a cloud platform that serves as a kind of command center for managing a company’s digital marketing activities. Marketers can launch ad campaigns, post content ...