Maria Deutscher
Latest from Maria Deutscher
Rackspace Holding Inc. has confidentially filed for an initial public offering that could value it at more $10 billion including debt, according to sources cited by Reuters on Thursday. Rackspace started out as a hosting provider in 1998 and debuted on the …
After probe, UK provisionally approves Amazon’s investment in Deliveroo
The U.K.’s antitrust watchdog today granted Amazon.com Inc. provisional approval to buy a stake in Roofoods Ltd., better known as Deliveroo Inc., a London-based food delivery startup valued at more than $2 billion as of 2017. Deliveroo announced last March that it …
Qualcomm intros ultra-low-power modem chip for IoT devices
Qualcomm Inc. will ship a new modem chip for so-called internet of things devices this year that measures smaller than a dime and is touted as the most power-efficient product in its category. The chip, descriptively named the Qualcomm 212 LTE IoT …
Apple reportedly working on modular wireless headphones with Siri integration
A new report claims that Apple Inc. is developing a pair of wireless headphones with a modular over-the-ear design and integration with its Siri voice assistant. Bloomberg, a frequent source of early information about upcoming Apple products, today cited sources as saying …
AWS doubles the performance of its Snowball Edge device and adds new software
Amazon Web Services Inc. today introduced a new version of Snowball Edge, its system for running edge computing workloads and migrating data to the cloud, that features more powerful silicon as well as additional management tools. AWS launched the first Snowball device …
Verizon is acquiring Zoom rival BlueJeans for a reported $400M
Verizon Communications Inc. today announced plans to buy Blue Jeans Network Inc., better known as BlueJeans, a videoconferencing provider whose products compete with Zoom and Microsoft Teams. The carrier didn’t disclose how much it’s spending on the acquisition. But CNBC reported that …
Dell-backed storage startup Vast Data raises $100M at $1.2B valuation
Vast Data Inc., an emerging data center storage provider backed by Dell Technologies Inc., today announced that it has secured $100 million in funding at a $1.2 billion valuation. The startup previously raised $80 million across three rounds. Renen Hallak, the startup’s …
DOD watchdog claims limited evidence shows no White House pressure in JEDI award
The U.S. Defense Department’s internal watchdog agency said today that the evidence it has received on the JEDI contract suggests procurement personnel weren’t pressured by the White House to award the deal to Microsoft Corp. However, the watchdog added that it “could …
Report: Airbnb raises $1B more in debt to weather bookings plunge
Airbnb Inc. has taken out a $1 billion line of credit to help it cope with the sharp plunge in travel bookings brought about by the coronavirus pandemic, multiple publications reported late Tuesday. The loan marks the second tranche of capital the …
Apple unveils $399 iPhone SE with same A13 Bionic chip as its flagship model
Having to make do without the physical press conference that usually accompanies its product launches, Apple Inc. today used a newsroom post and a YouTube video to unveil the long-rumored iPhone SE, which will become available for order on Friday starting from …