Maria Deutscher
Latest from Maria Deutscher
Just Eat and Takeaway to merge into $11B food delivery juggernaut
Uber Technologies Inc. and Amazon.com Inc.-backed Deliveroo could soon face tougher competition in the rapidly growing European food delivery market. Takeaway.com NV, a publicly traded food delivery provider based in the Netherlands, today announced plans to acquire British rival Just Eat Plc. The companies said they’ve reached an agreement in principle and are currently hammering ...
Gartner: Cloud infra market tops $32B in 2018 as the big get bigger
The cloud infrastructure-as-a-service market continued its rapid growth in 2018, according to new research released by Gartner Inc. today, as spending reached $32.4 billion globally. This figure represents a 31.3% increase over 2017. By Gartner’s estimate, more than three-quarters of the spending went to the IaaS market’s five biggest players, up about four percentage points ...
Uber is planning to launch a grocery delivery service in Europe
Uber Technologies Inc. is holding talks with several European supermarket chains to add a grocery delivery service to its platform. Bloomberg broke the news today and Uber confirmed the report in a statement. A spokesperson for the ride-hailing giant said that “we’re currently speaking with a number of major supermarkets around Europe” but stopped short ...
DOJ clears T-Mobile’s takeover of Sprint after companies agree to sell assets
T-Mobile US Inc.’s $26 billion takeover of rival Sprint Corp. cleared a key hurdle today after the Justice Department put its seal of approval on the deal. The decision, which comes over a year after the companies set the transaction in motion, was delayed because of concerns over its market impact. Critics have argued that ...
VMware acquires NEA-backed AI startup Uhana to boost carrier business
A week after picking up Bitfusion Inc. to provide better support for customers running machine learning workloads, VMware Inc. has made another strategic acquisition in artificial intelligence. The company on Thursday announced that it’s buying Palo Alto, California-based Uhana Inc. for an undisclosed sum. The startup previously raised an undisclosed Series A funding round from New Enterprise Associates. Uhana ...
Waymo taps DeepMind’s evolutionary AI tech to train self-driving car algorithms
DeepMind, Alphabet Inc.’s artificial intelligence research unit, is assisting sister company Waymo with its efforts in the autonomous vehicle market. Researchers from DeepMind detailed the collaboration in a post on the group’s blog today. The division has been working with Waymo to harness a technique called population-based training to speed up the development of autonomous ...
Samsung will launch delayed Galaxy Fold in September after fixing screen issues
Samsung Electronics Co. Ltd. today said its troubled Galaxy Fold foldable handset will launch in September, five months after the date when the device was originally supposed to hit stores. The phonemaker had to push back the release after reviewers reported issues with their test units. There were more than a half-dozen cases of the Galaxy ...
Balena raises $14.4M for its container-native connected device platform
Balena Inc., a Seattle-based provider of tools for building and managing connected devices, today said it has closed a $14.4 million funding round backed by General Electric Co.’s venture arm. Returning backers Threshold Ventures and Aspect Ventures participated as well, while Boston-based OpenView led the round. Balena’s total capital raised now stands at more than ...
Facebook agrees to more oversight and $5B fine in record FTC privacy settlement
Facebook Inc.’s long-expected settlement with regulators over its privacy practices is now official. The Federal Trade Commission today announced that the company has agreed to pay a $5 billion fine, as well as subject itself to increased oversight and implement more stringent data controls. The deal marks the biggest privacy fine ever handed out by the ...
Warehouse automation startup Fetch Robotics lands $46M in new funding
Amazon.com Inc. is far from the only retailer using robots at its fulfillment centers. Traditional chains, pressured by Amazon’s increasingly competitive order processing times, are also embracing automation, and their logistics providers are following suit. San Jose, California-based Fetch Robotics Inc. is capitalizing on the trend. The startup today announced that it has raised a ...