Maria Deutscher
Latest from Maria Deutscher
Stocks tank on report that Apple has cut production of all 2018 iPhone models
Consumer demand for the latest iPhones appears to be falling short of Apple Inc.’s expectations. The Wall Street Journal reported today the company has scaled back production of the latest-generation XS, XS Max and XR models that it unveiled only in September. Apple suppliers involved in manufacturing the XR, most affordable of the trio, are said ...
Google Cloud boss Diane Greene resigns, replaced by former Oracle exec Thomas Kurian
Diane Greene, the chief executive officer of Google LLC’s cloud business, is leaving the division that has been a prime focus for the company since she joined. Greene’s surprise exit comes hot on the heels of another high-profile departure: Diane Bryant stepped down as Google Cloud’s chief operating officer in July. Bryant had joined the search ...
Icahn ends proxy fight with Dell after it boosts VMware offer to $23.9B
Dell Technologies Inc. has sweetened the terms of its proposed stock market return, prompting major shareholders to back the move and Carl Icahn to end his highly publicized proxy fight against the company. The billionaire hedge fund manager announced his decision Thursday afternoon, just hours after Dell published the revised offer. The company plans to go public through an unconventional ...
Backed by new investment from Salesforce, Docker inks alliance with MuleSoft
Docker Inc. today announced a broad partnership with software integration provider MuleSoft Inc. that will focus on helping enterprises manage their internal applications more efficiently. The alliance is accompanied by a new investment from Salesforce.com Inc., which acquired MuleSoft for $6.5 billion last year. Docker didn’t disclose the size of the round, but the very fact that ...
SoftBank joins the RPA craze, leads $300M round into Automation Anywhere
Automation Anywhere Inc., one of the biggest players in the red-hot robotic process automation market, today announced that it has snagged $300 million from SoftBank Group Corp.’s Vision Fund. The investment values the software maker at $2.6 billion. It comes as an extension to the $250 million Series C round that Automation Anywhere raised in ...
In potential win for AWS, Oracle loses protest against the Pentagon’s $10B cloud contract
Updated with statement from Oracle The U.S. Government Accountability Office has flatly dismissed a complaint from Oracle Corp. over the Pentagon’s $10 billion cloud computing contract, in a development that could hold industrywide repercussions. Today’s decision comes about two months after Oracle Corp. lodged its protest against JEDI, as the project is officially known. The ...
Samsung unveils new 8-nanometer Exynos chip with dedicated AI module
The latest iteration of Samsung Electronics Co. Ltd.’s mobile processor is designed with artificial intelligence in mind. The Exynos 9820, which debuted today, is based on an eight-nanometer, eight-core architecture and features a specialized “neural processing unit.” Samsung said that the module enables the chip to run AI software about seven times faster than the ...
ServiceTitan lands $165M on $1.65B valuation for its home services platform
Traditional segments such as construction, mortgage lending and freight shipping that were once largely overlooked by the tech industry are witnessing a surge in startup activity. This boom is fueled by deep-pocketed investors willing to make increasingly bold bets in segments with strong disruption potential. The latest startup to reap the rewards is Glendale, California-based ServiceTitan Inc., which ...
Microsoft to acquire Slack-backed chatbot startup Xoxco
Microsoft Corp. today announced that it’s acquiring Xoxco Inc., an artificial intelligence startup with a prominent spot in the chatbot ecosystem. Austin-based Xoxco launched in 2009 and focuses mainly on providing development services for companies looking to build conversational assistants. The startup has worked with, among others, Microsoft itself according to today’s acquisition announcement. But it’s Xoxco’s ...
SnapLogic moves into AI development with new machine learning toolkit
Data integration provider SnapLogic Inc. is moving into the artificial intelligence market with a new toolkit for building and deploying neural networks. Launched today, SnapLogic Data Science expands the company’s flagship Enterprise Integration Cloud, which enables enterprises to link internal applications with one another using customizable connectors called Snaps. These Snaps make it possible to share ...