Maria Deutscher
Latest from Maria Deutscher
Embracing a cloud-inspired business model, NetApp launches new flash arrays
NetApp Inc. today unveiled new flash storage arrays and a pricing model aimed at simplifying hardware procurement for information technology departments. It’s the pricing model, dubbed Keystone, that NetApp Chief Executive George Kurian (pictured) chose to highlight in a CNBC interview ahead of the announcement at NetApp’s annual Insight conference in Las Vegas. Keystone gives enterprises more ...
Datameer raises $40M in fresh funding to streamline enterprise analytics projects
Datameer Inc., an analytics startup whose software is used by the likes of Thomson Reuters Corp. and Deutsche Bank AG, today announced that it has bagged a $40 million funding round led by ST Telemedia. The Singaporean fund also led Datameer’s previous $40 million raise back in 2015. It was joined by a number of ...
Google reportedly makes buyout offer for smartwatch maker Fitbit
Google LLC parent Alphabet Inc. is interested in acquiring Fitbit Inc., sources close to the matter told Reuters and CNBC today. Negotiations between the companies are said to have advanced to a point where the search giant presented a concrete buyout bid to Fitbit. The tipsters didn’t say when the proposal was made, nor how ...
CRV leads $40M round into cloud networking and security startup Aviatrix
Cloud management startup Aviatrix Systems Inc. today announced that it has raised a $40 million funding round led by Charles River Ventures to launch a new growth push. Five-year-old Aviatrix will use the capital to add staff across its sales, product development, customer support and other core teams. The investment comes about two months after ...
Facebook starts testing News tab in mobile app with content from 200 outlets
Starting today, a few hundred thousand Facebook Inc. users in the U.S. will see a new tab at the bottom of the social network’s mobile app that features articles curated from major media outlets. Facebook News, as the feature is aptly called, is the company’s latest foray into news aggregation. It follows past attempts such ...
Google adds more developer features to its serverless AI services
Google LLC today released a set of enhancements for its AI Platform that will give customers more flexibility in how they manage their artificial intelligence projects. AI Platform is a relatively new addition to the company’s enterprise portfolio. Introduced in April, the offering bundles a number of the AI services available on Google Cloud into ...
Google deploys new NLP models, Cloud TPUs to make its search engine smarter
Google LLC is augmenting its search engine with natural-language processing features that it said represent the most significant update of the past five years. The company detailed the changes in a blog post published this morning. Google is adding new NLP models to its search engine that use a technique called Bidirectional Encoder Representations from Transformers, ...
Intel expands 10-nanometer chip lineup with power-efficient Tremont processors
Two months after debuting its first batch of 10-nanometer chips, Intel Corp. today expanded the selection with the introduction of the Tremont central processing unit series. Tremont is aimed at low-power systems that prioritize efficiency over performance. Intel sees hardware partners including chips from the series in mobile devices, “internet of things” gadgets and certain ...
Eyeing 2020 profitability, UiPath trims 11% of workforce
UiPath Inc., the robotic process automation provider valued at $7 billion, has made a round of layoffs affecting 300 to 400 employees just months after raising $568 million from investors. The cuts amount to about 11% of the startup’s workforce. Daniel Dines, UiPath’s chief executive officer, wrote in a blog post today that the layoffs ...
Glitch-fueled earnings miss sends Twitter’s stock plummeting 19%
Twitter Inc.’s stock dropped more than 19% today after the company posted weaker-than-expected profit and revenue for the third quarter that fell short of what Wall Street was expecting. Revenue in the three months ended Sept. 30 ticked up 8.6% year-over-year, to $823.7 million, but analysts were looking for $874 million. Twitter’s adjusted earnings of ...