Maria Deutscher
Latest from Maria Deutscher
Activist hedge fund Elliott Management Corp. has taken a $1.4 billion stake in eBay Inc. to push for changes at the online retailer, which it believes is underperforming compared with competitors. The firm published its “Enhancing eBay Plan” in a letter to …
France slaps Google with $57M fine for breaching EU data privacy law
France’s privacy watchdog today fined Google LLC 50 million euros, or about $57 million, for breaching the General Data Protection Regulation that the European Union passed last year. At issue is the activation workflow for new Android devices. CNIL, as the watchdog is known, …
In new consumer push, Microsoft looks to put Cortana into rival voice assistants
Microsoft Corp. is looking to make its Cortana voice assistant available as a native “skill” for Amazon.com Inc.’s Alexa and Google Assistant as part of a new push to court consumers. Microsoft Chief Executive Satya Nadella (pictured) shared the plan during a …
Microsoft backs $51.5M round for business messaging startup Zipwhip
Just as team chat services such as Slack have taken over the workplace, texting is emerging as the go-to communications medium for consumers. Seattle-based Zipwhip Inc. is developing tools to help companies address this shift and automate their operations in the process. …
Amazon launches new re:MARS conference for cutting-edge tech and science
Every year, Amazon.com Inc. Chief Executive Jeff Bezos hosts an invite-only event where attendees get a chance to see the world’s richest man recreate a scene from the Alien franchise, walk a robotic dog or put on some other tech-themed spectacle. Today, …
Facebook takes down 500+ fake pages and accounts linked to Russia
Facebook Inc. has removed two Russia-linked misinformation networks that used more than 500 fake accounts, pages and groups to target users. Nathaniel Gleicher, the social media giant’s head of cybersecurity policy, announced the takedown today. The larger of the two misinformation networks consisted of 289 …
Red Hat’s shareholders greenlight $34B acquisition by IBM
IBM Corp.’s closely watched acquisition of Red Hat Inc. moved a step closer to completion today after Red Hat shareholders voted to approve the deal. The transaction is valued at $34 billion, making it the largest acquisition in the history of the software industry. …
Looking ahead to an IPO, enterprise software giant Infor raises a massive $1.5 billion
This week’s wave of big-ticket funding rounds just reached a new high point. Little-known enterprise software giant Infor Corp. today announced that it has secured a hefty $1.5 billion in fresh capital from Koch Equity Development, the investment arm of Koch Industries Inc., and …
Data management heavyweight Veeam lands $500M funding round
Veeam Software Inc., a major provider of data protection and management tools, today announced that it has landed a $500 million funding round led by Insight Venture Partners. The massive round comes just a day after competing data management startup Rubrik Inc. reeled …
With Accengage buy, Urban Airship aims to become mobile engagement powerhouse
Mobile users accounted for an estimated 57 percent of web traffic in the U.S. last year. Urban Airship Inc., a marketing technology startup backed by $100 million from investors, today acquired fellow startup Accengage SA to secure a leadership position in this …