Maria Deutscher
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Microsoft completes $7.5B acquisition of code hosting platform GitHub
As of today, GitHub is officially a Microsoft Corp. business. GitHub Chief Executive Officer Nat Friedman (pictured, second from the left) shared the news in a blog post, exactly one week after the European Union approved the $7.5 billion transaction. Friedman took the opportunity to reiterate the commitments that Microsoft made in June when it ...
Report: Samsung planning 5G-capable Galaxy S10, new foldable handset
New details have emerged about Samsung Electronics Co. Ltd.’s next flagship smartphone and the foldable handset that the company recently confirmed it’s developing. Citing anonymous sources, Bloomberg reported today that the upcoming Galaxy S10 will support 5G networking technology, which promises to enable connections 10 to 100 times faster than today’s carrier infrastructure. Leading telecom companies ...
UK fines Facebook for Cambridge Analytica breach as EU lawmakers demand audit
The U.K’s privacy watchdog today hit Facebook Inc. with a 500,000-pound fine over its handling of the Cambridge Analytica scandal, upholding a July decision that the social network unsuccessfully tried to contest. The sum, which amounts to $664,000, won’t make much of a dent in the company’s bottom line. Analysts polled by Zacks Investment Research project that Facebook ...
Google brings its Lens AI recognition service into image searches
Google LLC wants to make image search results more useful through a newly launched integration with Lens, its artificial intelligence-powered image recognition service. The company has been steadily adding new ways for consumers to interact with Lens since the service’s release in October 2017. Google initially offered the technology as an exclusive feature for its ...
AWS announces plans for first cloud data centers in Africa
Amazon Web Services Inc. is extending its global data center network to Africa. The cloud giant today announced plans to open an AWS region in Cape Town, South Africa, by mid-2020 that will enable regional customers to run their workloads locally for the first time. In AWS parlance, a region is a set of data centers locations, ...
Italy’s antitrust watchdog fines Apple and Samsung for slowing users’ phones
Italy’s antitrust watchdog today fined Apple Inc. and Samsung Electronics Co. Ltd. over allegations that they used software updates to slow down handsets, thereby potentially pushing some consumers to buy new models. The issue of planned obsolescence in the mobile industry entered the spotlight last year when Apple admitted to throttling older iPhones. The company said ...
Samsung, Uber co-founder back $8M round into enterprise AR startup Spatial
Augmented reality startup Spatial Inc. exited stealth mode today with $8 million in fresh funding to bring immersive experiences into the enterprise collaboration market. The New York-based startup is backed by an impressive roster of investors. The round saw the participation of Uber Technologies Inc. co-founder Garrett Camp, Zynga Inc. founder Mark Pincus, Samsung Electronics ...
Lyft acquires AR startup Blue Vision to boost self-driving car plans
Lyft Inc. today announced that it has acquired a young augmented reality startup called Blue Vision Ltd. to boost its autonomous driving roadmap. The deal is valued at $72 million and allocates up to $30 million in additional compensation if certain performance goals are met, according to TechCrunch. For reference, Blue Vision exited stealth mode a mere ...
SAP debuts new enterprise AI tools for automating customer support and more
SAP SE is injecting more artificial intelligence into its portfolio. At an event in Barcelona today, the company unveiled a collection of tools aimed at opening up new ways for enterprise customers to harness AI. The additions range from point solutions focused on highly specific tasks to software intended to automate entire workflows. The most expansive of the ...
Oracle to acquire Goldman Sachs-backed sales intelligence startup DataFox
Oracle Corp. late Monday announced plans to acquire DataFox Inc., a San Francisco-based startup that provides sales intelligence for business-to-business companies. DataFox hit the scene in 2013 and has since built up a sizable customer roster spanning multiple segments. MongoDB Inc., Bain & Co., Twilio Inc. and Goldman Sachs Group Inc. are among the organizations that ...