Maria Deutscher
Latest from Maria Deutscher
GM Cruise LLC, General Motors Co.’s $14 billion autonomous vehicle unit, is joining with food delivery startup DoorDash Inc. to explore a new use case for its self-driving cars. The companies this morning announced plans to launch an autonomous food delivery service …
In needed win, Facebook signs up Nestle for its Workplace team chat platform
Facebook Inc.’s efforts in the enterprise collaboration market received a high-profile boost today. The social network announced that it has signed up Nestle S.A, the world’s largest food and beverage brand, as a customer for its Workplace team chat platform. The deal …
Google secretly acquires Q&A startup Superpod
Google LLC usually publicizes its acquisitions, but there are exceptions. The search giant has secretly bought a startup called Superpod Inc. that developed a crowdsourced question-and-answer app in the same vein as Quora. Axios broke the news this morning, citing an unnamed source, and …
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 …
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 …
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 …
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 …
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. …
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 …
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 …