Maria Deutscher
Latest from Maria Deutscher
With less than 48 hours to go until the new year, VMware Inc. today finalized its acquisition of Pivotal Software Inc. and announced the group will be merged into a new business unit under the leadership of executive Ray O’Farrell. VMware in …
Facebook stops allowing Messenger sign-ups without a Facebook account
Rolling back a feature it introduced in 2015, Facebook Inc. has quietly removed the ability to sign up for its Messenger chat service without a Facebook account. VentureBeat was first to report the change Thursday afternoon and the social network confirmed it …
As streaming wars heat up, Comcast reportedly eyeing acquisition of Xumo TV
Comcast Corp. is reportedly in talks with streaming app provider Xumo TV LLC about an acquisition that, if it comes to fruition, could intensify the competition over viewers among established media companies, Netflix Inc. and tech companies such as Amazon.com Inc. The …
FAA proposes new tracking rule for drones as unmanned deliveries take off
The Federal Aviation Administration today published a proposed rule aimed at bringing the budding drone industry a “crucial step” forward by making it easier to track and identify unmanned aircraft. Companies such as Amazon.com Inc. and Alphabet Inc.’s Wing are building delivery drones that …
Travis Kalanick resigns from Uber’s board after offloading $2.5B+ of stock
Uber Technologies Inc. co-founder Travis Kalanick is stepping down from its board as of Dec. 31, the company said today, and the search has begun for a new director to fill the soon to be vacant seat. After establishing Uber in 2010 …
Security intelligence startup RiskRecon acquired by Mastercard
Mastercard Inc. today said that it has acquired RiskRecon Inc., the startup behind an artificial intelligence service for identifying indirect cybersecurity threats in a company’s business ecosystem. The financial terms of the deal were not disclosed. Founded four years ago in Salt Lake …
Amazon backs mammoth $1.3B funding round for Tesla rival Rivian
Rivian Automotive Inc., an electric vehicle startup tapped by Amazon.com Inc. to supply 100,000 vans for its delivery fleet, today announced that it has raised $1.3 billion in funding from the online retail giant and other institutional backers. Plymouth, Michigan-based Rivian spent …
Mapping data provider Here sells 30% stake to NTT and Mitsubishi
Here Global N.V., a major provider of mapping data for industries such as the auto sector, today said that it has sold a 30% equity stake to Japan’s NTT Corp. and Mitsubishi Motors Corp. The size of the deal was not disclosed …
Solid revenue and profit growth sends BlackBerry’s shares soaring 11%
Despite some weakness in its “internet of things” business, BlackBerry Ltd. managed to beat both revenue and profit expectations with its third-quarter earnings report this morning, sending shares up more than 11%. Waterloo, Canada-based BlackBerry has over the last few years transformed from …
Apple reportedly developing satellite technology in hush-hush internal project
Apple Inc. has quietly joined the ranks of the Silicon Valley firms working on their own satellite technology, Bloomberg reported today. The insiders who spoke to the outlet on condition of anonymity said the project is being led by a team inside the …