Maria Deutscher
Latest from Maria Deutscher
Cisco puts AMD silicon into a new system for compute-intensive applications
As Advanced Micro Devices Inc. tries to stage a comeback in the data center market, Cisco Systems Inc. today unveiled a powerful new server system that features the chipmaker’s silicon under the hood. The UCS C4200, as the offering is called, is based on AMD’s Epyc line of central processing units. The series has helped the ...
Mapbox aims to enable AR-powered navigation with new Vision SDK
SoftBank Vision Fund-backed mapping provider Mapbox Inc. wants to make augmented reality a part of how drivers navigate the roads. The startup, whose technology powers location services from companies such as Mastercard Inc. and Snap Inc., hopes to achieve this with a new offering called Vision SDK that it debuted today. The toolkit will enable ...
PayPal picks up AI startup Jetlore to grow its e-commerce business
Hot on the heels of inking a $2.2 billion agreement to buy mobile payments specialist iZettle AB, PayPal Holdings is marking another acquisition. The company on Tuesday announced that it has picked up artificial intelligence startup Jetlore Inc. for an undisclosed sum. The transaction serves a much different strategic purpose than the iZettle deal. Whereas ...
Vulcan Cyber raises $4M round to fix the ‘vulnerability remediation gap’
Security vulnerabilities can pose a threat even if they’re detected in a timely manner by a company’s network protection team. That’s because in some cases, organizations lack the resources to properly fix every weakness before hackers pounce. Vulcan Cyber Ltd. is working to address this issue, which it dubs the “vulnerability remediation gap.” The Tel Aviv-based ...
Flock raises $3M in seed funding for its data-driven drone insurance platform
The widening use of drones among companies and hobbyists has given rise to numerous new startups hoping to capitalize on the opportunity. Among them is London-based Flock Ltd., which is going after a side of this market that is, surprisingly, already quite crowded: drone insurance. The startup today announced that it has raised £2.25 million ...
KKR to buy software giant BMC in private equity deal worth up to $10B
BMC Software Inc. is changing hands once again five years after an investor consortium took it private. The company, which ranks among the industry’s top providers of tools for managing technology systems, today announced that it has inked an agreement to be acquired by private equity firm KKR & Co. LP. The financial terms were ...
Facebook and Google hit with privacy lawsuits right as GDPR takes effect
Immediately after Europe’s sweeping General Data Protection Regulation went into effect this morning, a privacy group has filed lawsuits against Facebook Inc. and Google Inc. over alleged violations of the law. The stakes in the legal battle to follow could be high. GDPR violations carry a maximum fine of either 20 million euros or 4 ...
Apple reportedly taps Volkswagen for autonomous shuttle program
Apple Inc. is teaming up with auto giant Volkswagen AG to build self-driving shuttles, according to a report published in the New York Times Wednesday. The partnership signals a major change of direction for the tech giant’s autonomous vehicle program. The sources who spoke with the Times said that the company’s original vision was to build “the ...
Uber’s new research hub in Paris will develop technology for flying taxis
Uber Technologies Inc. today announced plans to establish a new engineering center that will focus on developing systems for its futuristic flying taxi program. The lab, which is set to be based in Paris, will be the ride-hailing giant’s first research and development hub outside the United States. Uber plans to invest €20 million (or $23.4 million) ...
Reltio bags $45M more from NEA-led group for its cloud data hub
Reltio Inc., a startup working to bring a more centralized approach to how large enterprises manage their data, today announced that it has raised $45 million in funding from a group led by New Enterprise Associates. The cash infusion comes a year after the same consortium invested $40 million in the startup. The funds that ...