Maria Deutscher
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Newly minted unicorn Kaseya acquires cybersecurity startup ID Agent
Kaseya Ltd., a major provider of infrastructure management software, today announced that it’s acquiring Maryland-based cybersecurity startup ID Agent LLC. The deal comes just days after Kaseya disclosed that it has bagged a $500 million-plus funding round backed by TPG Growth. The investment values the company at $1.75 billion, which easily places it in tech unicorn territory. But Kaseya ...
Report: Facebook is raising up to $1B for a cryptocurrency-based payment system
Facebook Inc.’s ambitions in the financial sector may be broader than previously believed. Citing anonymous sources, the Wall Street Journal reported Thursday evening that the company is looking to raise up to $1 billion for a cryptocurrency-based payment system. The digital coin will reportedly be pegged to the fiat to avoid the kind of big ...
Couchbase releases new AI and privacy features for its mobile database
Couchbase Inc. today released a new version of its popular mobile database that will enable developers to build apps with more sophisticated machine learning and privacy features. Couchbase Lite, as the NoSQL store is called, exists in a highly competitive market. Realm Inc., the startup behind another leading mobile database, was recently acquired by publicly ...
FTC could require Facebook to appoint privacy executive, oversight committee
New details have emerged about Facebook Inc.’s looming settlement with the Federal Trade Commission over its mishandling of user data. Late Wednesday, the New York Times and Politico reported that the FTC could require the social network to hire new executives to supervise privacy efforts. One of the most significant proposals said to be on ...
After Duplex, Google launches CallJoy to help businesses manage customer calls
Google LLC expanded its lineup of products for small businesses today with the introduction of CallJoy, a virtual assistant that aims to take some of the hassle out of fielding customer calls. The offering is debuting exactly a month after the search giant started broadly rolling out the much-touted Duplex artificial intelligence caller. It’s a ...
Amazon has quietly entered the freight brokerage market
Amazon.com Inc. is eyeing a slice of the lucrative freight brokerage market. On Tuesday afternoon, CNBC reported that the online retail giant has quietly launched a service for connecting companies in need of shipping services with trucking firms. Amazon confirmed the existence of the offering in a statement to the network, but didn’t go into ...
With IPO off the table for now, Aryaka raises $50M round led by Goldman Sachs
Aryaka Networks Inc., a startup helping enterprises connect disparate offices and data centers, today disclosed that it has raised $50 million in new funding. Goldman Sachs Group Inc. led the investment. The capital injection follows a $45 million round in early 2017, at which time Aryaka was actively working toward an initial public offering. The ...
Docker beefs up its enterprise platform with new tools for developers
Docker Inc. has unveiled a refreshed version of its flagship enterprise offering with a raft of new features for developers. Debuted at an event in San Francisco today, Docker Enterprise is a commercial version of the startup’s open-source software container toolkit. Containers enable companies to build efficient, portable applications that can run on many different types ...
Samsung’s operating profit plummets 60% amid slow chip and display sales
Samsung Electronics Co. Ltd. had a rough first quarter, with the company reporting today that its operating profit fell a massive 60% in the three months ended March. The size of the drop is stark, but not a surprise. The South Korean technology behemoth warned shareholders to expect declines in the preliminary earnings report it ...
Hire by Google gets new AI and enterprise features
Google LLC originally built its Hire by Google recruiting platform with small and midsized businesses in mind. But in the two years since the service launched, the search giant has made a number of enhancements to extend its appeal to large organizations. The latest batch of enterprise features for Hire by Google is being released ...