Maria Deutscher
Latest from Maria Deutscher
With new 128-laser sensor, Ouster ups the ante on LiDAR
San Francisco-based Ouster Inc. is one of the dozens of companies working to develop cost-effective LiDAR sensors for autonomous vehicles. Today, the startup introduced a new product that may position it as a front-runner in the race. LiDAR, short for light detection and ranging, is the primary means with which self-driving cars navigate. The technology is ...
Microsoft targets enterprises with new security-focused Microsoft 365 bundles
Microsoft Corp. is expanding the Microsoft 365 lineup, a major component of its go-to-market strategy, with two new offerings that place an emphasis on cybersecurity and regulatory compliance. Introduced in 2017, Microsoft 365 is a set of enterprise-focused bundles that combine Office 365, Windows 10 and other solutions into a single subscription. The idea is to simplify procurement for ...
Tesla’s stock drops as much as 10 percent after vehicle deliveries disappoint
Tesla Inc.’s new year is off to a rocky start, with its share price dropping as much as 10 percent today on the news that fourth-quarter vehicle deliveries missed expectations. The stock is down nearly 7 percent in midday trading. Wall Street’s concerns center on Tesla’s newest Model 3 sedan. The carmaker reported this morning that ...
Report: Amazon planning broad Whole Foods expansion to boost Prime
Amazon.com Inc. reportedly plans to expand its brick-and-mortar operation to more parts of the U.S. as part of an effort to boost its fast-growing Prime service. The push was detailed by the Wall Street Journal on Sunday. According to the sources who spoke with the publication, the expansion plan centers on Whole Foods, the high-end ...
Oracle’s Larry Ellison joins Tesla’s board of directors
Tesla Inc. has expanded its board by bringing on Larry Ellison and Walgreens Boots Alliance Inc. executive Kathleen Wilson-Thompson as independent directors. The appointments, announced today, fulfill one of the carmaker’s biggest obligations under its September settlement with the Securities and Exchange Commission. That deal ended a lawsuit brought by the SEC over a now-infamous tweet ...
Five years after going private, Dell returns to the stock market
After many months of preparation and a public faceoff with activist investors, Dell Technologies Inc. today officially debuted on the New York Stock Exchange. The technology giant’s stock opened at $46 per share under the ticker symbol DELL, giving it a market capitalization of $16 billion, according to Reuters’ financial markets data firm Refinitiv. That’s rather a ...
Looking to 2019 tech IPOs, fintech startup Carta raises $80M at $800M valuation
Carta Inc., a financial technology startup that helps fellow tech companies manage their equity programs, today announced that it has secured $80 million in funding at a $800 million valuation. The Series D round doubles the valuation that Carta received after its previous raise last year. Meritech Capital and Tribe Capital jointly led the investment, ...
Amid trade tensions, Apple reportedly will make top-end iPhones in India
Apple Inc. will reportedly start manufacturing some of its top-end iPhones in India, a move that could better insulate its supply chain against the trade dispute between the United States and China. Three sources cited by Reuters today said the company has tapped Foxconn for the project. Foxconn, formally known as Hon Hai Precision Industry ...
Amazon’s shares jump 6 percent after record-breaking holiday sales
Amazon.com Inc.’s share price jumped more than 6 percent today against the backdrop of a broader rebound in stocks after it reported record-breaking holiday sales. Not that it’s much of a surprise anymore, but the company said that customers ordered more items during the festive season than any other year, with its homegrown smart home products seeing a ...
IBM develops miniature fingernail sensor for monitoring patient health
Researchers at IBM Corp. have developed a miniature sensor that can glean insights into people’s health from their fingernails. The project, which the company announced today, could add momentum to growing adoption of wearable technology in the healthcare field. Apple Inc. also moved to address this burgeoning opportunity recently by adding an electrocardiogram function to ...