Maria Deutscher
Latest from Maria Deutscher
Pixel 4, Pixelbook 2 expected as Google schedules Oct. 15 product event
Google LLC today issued media invites for an Oct. 15 event in New York City where it’s expected to debut its next wave of consumer devices. If recent rumors are any indication, the search giant will be unveiling the hotly anticipated Pixel 4 flagship smartphone along with at least a couple other products. Leakers have ...
Qualcomm shells out $3.1B to take full control of RF360 mobile parts business
Qualcomm Inc. today said that it has reached a $3.1 billion deal with TDK Corp., a Japanese electronics maker, to buy the company’s stake in a joint venture they have been running under the name RF360 Holdings Singapore Pte. Ltd. RF360 specializes in making a core mobile device technology known as the radio receiver front ...
Salesforce adds AI-infused CRM products for the manufacturing sector
Salesforce.com Inc. sells its flagship customer relationship management platform in a variety of flavors. Some versions are geared toward enterprises, others cater to smaller businesses and a handful of the platform’s editions are customized for use in specific industries. Falling into the last category are the new products Salesforce debuted this morning. Manufacturing Cloud and Consumer ...
Heavily funded Element AI grows war chest with new $151M round
Element AI Inc., a Montreal-based startup selling artificial intelligence software, today cemented its position as one of the better-funded players in its corner of the market by announcing that it has raised 200 million Canadian dollars (about $151 million) in additional capital. The investment came from a group of public and private sector backers. Canadian pension fund CDPQ led ...
Investors send Cloudflare’s shares soaring 20% after IPO hauls in $525M
Updated: The past few hours have been a lesson in contrasts for Wall Street watchers. Reports emerged this morning that The We Co., parent of unprofitable co-working provider WeWork, will slash its valuation from $47 billion to as little as $10 billion ahead of its initial public offering. Also this morning, Cloudflare Inc., another unprofitable tech firm, ...
House committee probing tech giants asks for internal emails, algorithm details
U.S. lawmakers investigating potential antitrust violations by the tech industry’s largest players want the inside story on their pivotal acquisitions and recent controversies. The House Judiciary Committee today sent request for information letters to Facebook Inc., Amazon.com Inc., Apple Inc. and Google LLC parent Alphabet Inc. as part of a competition probe started this year. The committee ...
Report: Feds looking into potential misconduct at VC firm with ties to Peter Thiel
The U.S. government is probing whether a venture capital firm with ties to high-profile tech investor Peter Thiel has engaged in financial misconduct, Recode reported today. Sources who spoke with the publication on condition of anonymity said that officials hailing among others from the Federal Bureau of Investigation have been interviewing people close to Mithril ...
Shape Security picks up $51M at $1B valuation to combat online fraud and bots
Not all online attacks involve hacking. Cybercriminals also exploit the public-facing features of services such as banking apps to carry out fraudulent transactions and other illicit activities, a threat that Shape Security Inc. is combating. The Mountain View, California-based startup marked a major growth milestone this morning with the announcement that it has raised $51 million ...
Google will pay $1B+ to French authorities to settle tax evasion probe
Google LLC will pay a 500 million euro fine and 465 million euros in back dues to settle allegations that it evaded taxes in France. The penalty, which works out to $1.068 billion at the current exchange rate, brings to an end a four-year investigation by the France’s Office of the Financial Crimes Prosecutor. The ...
With upgraded storage platform, Dell-backed Vast Data targets AI workloads
Vast Data Inc., an infrastructure startup funded by Dell Technologies Inc. and Goldman Sachs Group Inc., today unveiled a new version of its storage platform that promises to enable faster processing speeds for machine learning models. New York-based Vast Data is challenging the conventions of how enterprises manage their information. Normally, a storage system has the dual ...