Maria Deutscher
Latest from Maria Deutscher
Gartner: Samsung overtakes Intel as the world’s top semiconductor maker
Intel Corp.’s more than two-decade streak as the largest semiconductor maker in the world has ended, according to a preliminary market estimate by Gartner Inc. released today. The research firm reports that Samsung Electronics Co. Ltd. secured the top spot in 2017 by taking 14.6 percent of the market. That amounted to over $61 billion in ...
Report: Spotify quietly files paperwork for a direct public offering
Spotify Ltd. has taken a big step forward in its unusual, and potentially risky, journey to becoming a publicly traded company. That’s according to a new report today in Axios, which cited several sources as saying the music streaming giant had confidentially filed documents for a stock market debut last month. Companies that generate annual revenues of less ...
Microsoft to acquire hybrid cloud specialist Avere Systems
Microsoft Corp. this morning announced that it has inked an agreement to acquire Avere Systems Inc., a hybrid cloud provider focused on helping enterprises better use cloud infrastructure. Pittsburgh-based Avere sells software and appliances that enable companies to link their on-premises hardware with a public cloud deployment. According to the provider, its technology can be ...
Amazon and Salesforce are reportedly moving away from Oracle’s database – but it won’t be easy
Oracle Corp. may be about to lose two of its biggest customers. Salesforce.com Inc. and Amazon.com Inc., which rely on the provider’s flagship relational database to support their operations, are “actively working” to find alternatives, according to a report today in The Information. The news is not too surprising given that Oracle competes with both companies ...
GE doubles down on Alexa, other voice assistants in new smart home push
The past year saw Amazon.com Inc. extend the reach of Alexa to a variety of new areas ranging from home security to the enterprise. In 2018, the voice assistant will take on an even bigger role if General Electric Co. has its way. The manufacturing giant, which has been offering Alexa-enabled devices for a while now, today ...
SoftBank succeeds in its push to buy 15 percent of Uber
SoftBank Group Corp.’s multibillion-dollar offer to buy a minority stake in Uber Technologies Inc. from existing investors has garnered enough support to go through. Sources familiar with the matter told the Wall Street Journal that stakeholders are tendering 20 percent of the equity in the ride-hailing company, and SoftBank confirmed the deal later Thursday. SoftBank acquired 15 ...
Researchers reveal many top websites fight ad blocking, but quietly
As a response to the rapid rise in ad blocker usage over recent years, website operators are deploying countermeasures to mitigate the impact on advertising revenue. A new study by researchers from the University of Iowa and UC Riverside suggests that the pervasiveness of such technology has been severely underestimated. According to the paper, previous reports put the percentage of leading sites using anti-adblocking scripts in ...
Clew Medical’s newly launched AI promises early detection of patient risks
The tech industry is hard at work applying artificial intelligence to healthcare. Google LLC recently accepted four startups into an incubator program designed to foster new medical applications of machine learning, while Germany’s Ada Digital Health Ltd. raised $47 million in November to harness the technology for a self-service diagnosis service. Another up-and-coming player hoping ...
Report: Uber to sell its troubled car leasing division to Fair.com
Uber Technologies Inc. is doing some end-of-year restructuring under its new chief operating officer. The Wall Street Journal reported today that the ride-hailing company has signed an agreement to sell its Xchange Leasing subsidiary to Fair.com, the startup behind the digital auto marketplace of the same name. The anonymous insiders who leaked the acquisition didn’t ...
Amazon acquires smart home startup Blink
Amazon.com Inc. is heading into 2018 with a new weapon to use against the likes of Alphabet Inc.’s Nest in the competitive smart home market. News broke this morning that the retail giant has acquired Blink Inc., a startup that makes mobile-controlled home monitoring devices. It first rose to prominence in 2014 after raising $1 million on ...