Maria Deutscher
Latest from Maria Deutscher
With its initial public offering fast approaching, Uber Technologies Inc. today posted fourt- quarter results that show strong end-of-year momentum but indicate the company’s growth may be slowing. The ride-hailing giant, which currently shares only limited earnings information, generated $3 billion in …
Amazon leads $700M investment into electric truck startup Rivian
Amazon.com Inc. isn’t placing as big a focus on autonomous driving as certain other tech giants, but it’s nonetheless starting to build up a substantial presence in the auto market. The company today was named as the main backer of a $700 million funding …
Amazon scraps plans for controversial $2.5B campus in New York
Amazon.com Inc. today said that it’s dropping plans to establish a $2.5 billion corporate campus in New York following intense pushback from some local leaders. The project started coming under fire even before it was formally announced in November. Critics, among them politicians and union leaders, …
EU advances new rules to increase regulation of tech giants, online platforms
The European Union’s three lawmaking institutions have agreed on new rules aimed at increasing regulation of online platform operators such as Amazon.com Inc., Facebook Inc. and Google LLC. The approval, announced today, comes 10 months after the legislation was first submitted. The …
Expanding its cloud platform, DigitalOcean launches managed database service
DigitalOcean Inc. today launched the first in a new series of managed database services that will challenge existing offerings from bigger rivals such as Amazon Web Services Inc. The heavily-funded startup, which ranks as the third-largest cloud provider by the number of …
Apple’s streaming service could reportedly arrive in April with free original shows
Apple Inc.’s long-rumored video streaming platform may become available as early as a couple of months from now. Citing people familiar with the project, CNBC reported today that the iPhone maker is gearing up to launch the service in April or early …
Google to spend $13B on new data centers and expansions in 2019
Google LLC today said that it plans to spend $13 billion on new data centers and infrastructure expansion in 2019 as part of its growth strategy. The figure is a significant jump over the $9 billion the search giant invested in this area during 2018, though …
Amazon expands Alexa Skill Blueprints to court brands and content creators
Amazon.com Inc. is making it easier for companies and content creators to engage consumers via the more than 100 million devices that run Alexa. The company today released an update for Alexa Skill Blueprints, a feature originally released to let users personalize the …
Amid rising competition, time-series database startup InfluxData raises $60M round
InfluxData Inc., the maker of a specialized database used at companies such as SAP SE and Tesla Inc., today revealed that it has closed a $60 million funding round led by Norwest Venture Partners. The investment doubles InfluxData’s total capital raised to …
Datadog acquires application testing startup Madumbo to extend market reach
Datadog Inc., a major player in the crowded infrastructure monitoring market, today announced that it has acquired Paris-based startup Madumbo to move into the adjacent application testing segment. The deal is Datadog’s third to date. It previously bought another French startup called Logmatic.io …