Maria Deutscher
Latest from Maria Deutscher
BMW and Daimler team up to develop self-driving passenger cars
BMW AG and Daimler AG have signed a deal to develop autonomous driving technology for passenger cars together. The collaboration, which was announced today, builds on the partnership that the automakers struck in February to integrate their mobility services. BMW and Daimler are moving the services under the wing of a new joint venture that ...
UK antitrust watchdog launches probe of Facebook’s and Google’s ad dominance
The U.K.’s antitrust watchdog today opened an investigation to probe Facebook Inc. and Google LLC’s dominance of the digital ad market and also weigh potential regulatory restrictions on the companies. The two tech giants are sometimes referred to as the “duopoly” in marketing circles. Facebook and Google control an estimated 57.7% of the U.S. digital advertising market, while their market ...
KKR acquires software veteran Corel, reportedly for $1B+
Corel Corp., a major provider of productivity and business software, today announced that it has been acquired by private equity firm KKR. The terms of the deal were not disclosed. KKR bought Corel from Vector Capital, a fellow private equity firm that had owned the software maker for the better part of the last two decades. ...
Broadcom reportedly looking to acquire Symantec for $15B+
Last week Broadcom Inc. Chief Financial Officer Thomas Krause told Wall Street analysts that the chipmaker is looking to make more acquisitions in the software market. That statement, it seems, described not a future goal but rather a plan already set in motion. Bloomberg broke the news late Tuesday that Broadcom is holding talks to acquire cybersecurity ...
Nvidia upgrades consumer GPU lineup with new RTX Super chips
Even though its consumer graphics card business has taken a significant hit in recent quarters, Nvidia Corp. continues to bring new products to market at a rapid pace. The company today unveiled three high-powered graphics processing units that will be sold under the GeForce RTX Super brand. They’ll add more premium options to Nvidia’s consumer GPU ...
Cloudflare outage briefly knocks parts of the web offline
Cloudflare Inc. this morning experienced a brief but widely felt service disruption that made many major websites inaccessible worldwide. The outage (pictured) started at 9:52 a.m. EDT and lasted for more than an hour. Down Detector, a service that tracks website outages, received user reports of “502 Bad Gateway” errors for sites such as Pinterest ...
Growing cloud footprint, Google invests $600M in new Nevada data center
Google LLC today announced plans to bolster its U.S. data center network with a new cloud facility in Nevada that is slated to come online next year. The data center is being built in Henderson, a midsize city about 16 miles from Las Vegas. Henderson Mayor Debra March told local news station KLAS-TV that the project ...
RealWear bags $80M in funding for its industrial AR headsets
RealWear Inc., a startup working to bring augmented reality to the industrial sector, today announced that it has raised a $80 million round of funding to support its quest. The investment saw the participation of Qualcomm Inc., Bose Corp., electronics supplier Kopin Corp. and JPMorgan Chase & Co. Publicly traded industrial equipment maker Teradyne Corp. led ...
App security startup NowSecure reels in $15M funding round
Consumers and knowledge workers depend on their phones more than ever, which has made mobile apps a growing target for hackers. NowSecure Inc., a startup working to mitigate the threat, today announced that it has closed a $15 million funding round led by ForgePoint Capital. Chicago-based NowSecure sells a suite of tools for identifying and remedying ...
AWS rolls out new secure access features, cloud instances for enterprises
Amazon Web Services Inc. is following up the new security capabilities it debuted at the start of the week with yet more features for defending application environments running on its cloud platform. The first of the additions, which were announced late Thursday, is a tool called EC2 Instance Connect. It aims to provide more security for the ...