Maria Deutscher
Latest from Maria Deutscher
Reports: WeWork may cut IPO valuation by half, postpone listing
The We Co., parent company of WeWork, is struggling to convince investors they should look past its billions of dollars in losses ahead of its planned initial public offering. That’s according to reports published today in Bloomberg and Wall Street Journal, which cited sources as saying the co-working behemoth is considering to file for an IPO ...
Targeting IoT security market, Palo Alto Networks buys Zingbox for $75M
Palo Alto Networks Inc. is moving into the fast-growing connected device security market with the acquisition of Zingbox Inc., a startup hatched at Stanford University that uses machine learning to detect hacking attempts. The deal, announced Wednesday afternoon, is worth $75 million. It follows Palo Alto Networks’ announcement of two other startup acquisitions in May ...
With new solutions, StreamSets aims to simplify data integration and Apache Spark
StreamSets Inc. today unveiled a cloud version of its namesake data integration platform and a new tool for Apache Spark that’s aimed at helping enterprises put their information to work faster. Five-year-old StreamSets is a relative newcomer to the data integration market, going up against incumbents such as IBM Corp., but it has already established ...
Microsoft acquires infrastructure visibility provider Movere
Just weeks after picking up application optimization specialist jClarity Ltd., Microsoft Corp. has made another strategic purchase to boost its cloud capabilities. The company today announced the acquisition of Movere Inc., a software provider based out of Bellevue, Washington that sells an infrastructure assessment platform. The product enables enterprises to take stock of their technology assets ...
Commvault snaps up software-defined storage startup Hedvig for $225M
Backup and data management provider Commvault Systems Inc. today said that it has inked a deal to buy Hedvig Inc., a startup rival, for $225 million. Santa Clara, California-based Hedvig previously raised over $50 million in funding from investors including Hewlett Packard Enterprise Co. It sells a software platform that enables administrators to manage different kinds of ...
Google fined $170M over accusations YouTube breached children’s privacy
Google LLC will pay $170 million to the Federal Trade Commission and the New York Attorney General to settle allegations YouTube unlawfully collected data on children under 13. In the memo announcing the settlement today, the FTC hailed it as the largest penalty of its kind to date. Regulators charged that Google violated the Children’s ...
New Google tool teaches AI to handle structured and ‘adversarial’ data
Google LLC today open-sourced Neural Structured Learning, a framework for its popular TensorFlow artificial intelligence development toolkit that will enable developers to train models with structured and “adversarial” data. Most of the files that AI models are used to process, such videos and images, are technically unstructured data. But other types of files still have their place in ...
Android 10 arrives with new machine learning, security features
Machine learning-powered action suggestions, better security and universal gesture controls are some of the new features mobile users are getting with the long-expected Android 10 update, which Google LLC officially launched today. The new operating system is initially downloadable only on the search giant’s Pixel smartphones. Availability will expand to devices from external manufacturers before the year ...
In updated IPO filing, Cloudflare seeks up to $483M at $3.5B valuation
Cloudflare Inc. today updated the prospectus for its upcoming initial public offering, revealing that it’s looking to sell 35 million shares at $10 to $12 apiece. That works out to a fundraising target of between $350 million and $420 million. The final figure will likely be higher, since the banks underwriting the offering have reserved the option to ...
UT Austin’s new 38-petaflop Frontera supercomputer will help advance science
Intel Corp. and The University of Texas at Austin today dedicated Frontera, a new supercomputer ranked as the fastest of its kind that will support research in areas such as gravitational wave astronomy. Frontera is the most powerful computer in the academic world with a peak performance of 38.75 petaflops. A single petaflop equals a ...