Maria Deutscher
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Alibaba raises $11.2B from investors in year’s biggest stock sale
Chinese e-commerce giant Alibaba Group Holding Ltd. raised $11.2 billion on the Hong Kong stock exchange today in the year’s biggest listing. The company structured the stock sale as a secondary offering, since it already trades on the New York Stock Exchange. The company’s NYSE debut back in 2014 set a record as well at the time. Alibaba priced ...
Facebook is standardizing development on Microsoft’s Visual Studio Code
Facebook Inc.’s thousands of developers produce an enormous volume of code every month for projects ranging from new social apps to machine learning models that speed up MRI scans. Going forward, a sizable portion of that software will be written in Visual Studio Code. The social network detailed Tuesday afternoon that it has been quietly ...
Apple breaks ground on $1B Austin campus that will house up to 15,000 employees
It’s not quite HQ2, but Apple Inc.’s new corporate hub in Austin, Texas, represents a major expansion of its U.S. operations. The iPhone maker today officially broke ground on the campus, which will cost $1 billion to build and sits on a 133-acre plot of land not far from the factory housing the Mac Pro production line. Apple ...
With Cloud Pak for Security, IBM serves up threat detection in a container
IBM Corp. today revealed the latest addition to its lineup of containerized software offerings: a threat hunting tool called Cloud Pak for Security that promises to boost the productivity of network protection teams. The product is delivered as a software container and comes integrated with the Red Hat OpenShift application platform. OpenShift lets administrators automate key ...
After $50M May round, Aryaka debuts four new cloud networking services
Networking technology provider Aryaka Networks Inc. today introduced four cloud services aimed at enabling organizations to connect their offices, data centers and off-premises workloads more efficiently with one another. The products form the pillars of a new suite the company dubs SmartServices. The fifth offering in the bundle, SmartConnect, is Aryaka’s existing flagship product. It’s ...
Google targets on-premises SAP workloads with new Cloud Acceleration Program
Google LLC today inaugurated the Cloud Acceleration Program, an initiative that will provide technical resources and consulting services to enterprises looking to move their SAP SE deployments to the search giant’s cloud platform. Germany-based SAP’s back-office applications power key business processes at thousands of organizations worldwide, including a big percentage of the Fortune 500. Those companies are ...
Nuweba adds GPUs to its serverless platform to take on AWS in the AI market
Israeli startup Nuweba Labs Ltd. today added support for graphics processing units to its namesake serverless computing platform, which it claims can now run machine learning models 100 times faster than Amazon Web Services Inc.’s competing offering. Nuweba emerged from stealth this year with $4.8 million in initial funding from Magma Partners, Target Global and ...
Google acquires CloudSimple to bring more VMware workloads into its cloud
Google LLC has acquired CloudSimple Inc., a Santa Clara, California-based startup with a software platform that makes it easier for companies to move their on-premises applications to the cloud. The search giant didn’t disclose the purchase price in the acquisition announcement this morning. CloudSimple raised a seed investment from Microsoft Corp. in 2016 and lists ...
Salesforce cozies up to Apple with iOS-exclusive Trailhead app, AI update
Salesforce.com Inc. is deepening the product partnership it struck with Apple Inc. last September. At its Dreamforce event opening in San Francisco today, the company launched an employee training app called Trailhead Go that will be available exclusively on the iPhone and iPad. It provides access to more than 700 learning modules that cover subjects ...
Decade-long Google-Oracle copyright dispute heads to US Supreme Court
A closely watched copyright dispute in which Oracle Corp. is seeking billions of dollars in damages from Google LLC will move up to the U.S. Supreme Court, adding yet another chapter to a decade-long legal saga. The case, which the court accepted today, revolves around the Java programming language. Oracle obtained the rights to the ...