Maria Deutscher
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Google seeks to challenge Amazon with new Shopping Actions service
Google LLC aims to challenge Amazon.com Inc.’s dominance of the e-commerce market by making it easier for traditional retailers to put their products in front of users. The means with which the search giant is looking to achieve this is a new set of features called Shopping Actions that it unveiled this morning. Merchants can ...
Report: Qualcomm’s former chairman is seeking to buy out the company
Days after emerging from a $121 billion hostile takeover battle with Broadcom Ltd. that was shut down by a presidential executive order, Qualcomm Inc. may have face off against another would-be buyer: its former executive chairman. According to reports, Paul Jacobs, who is the son of Qualcomm co-founder Irwin Jacobs, resigned from the position last ...
Cloud security firm Zscaler’s shares soar in 2018’s first major tech IPO
Shares of Zscaler Inc. more than doubled in their trading debut today following a successful initial public offering that netted the cloud security company a war chest of $192 million. The stock sale marks the first major tech IPO of 2018. The pop in price, even after the company raised its target price and number ...
Employee training could be the next market for Amazon’s cloud
A new report suggests that Amazon Web Services Inc. may look to enter the multibillion-dollar employee training market by introducing a specialized new service on its cloud platform. CNBC today cited two anonymous sources as saying that the offering from Amazon.com Inc.’s cloud computing unit would enable companies to set up learning programs for workers ...
GV leads $14.5M round into collaborative AR startup Blue Vision Labs
Blue Vision Labs Inc. today exited stealth mode to tackle what it sees as a major barrier to widespread augmented reality adoption: Most AR applications don’t allow users to share virtual experiences with others. Along with the launch, the London-based startup announced that it has closed a $14.5 million Series A funding round led by GV, Alphabet ...
Amid growing competition, Adobe bolsters its electronic signature capabilities
Adobe Systems Inc.’s strategy for competing in the crowded document management segment rests on two pillars. The first is the ubiquitous Acrobat family of PDF editing tools, and the other is Adobe Sign, the company’s electronic signature service, which is receiving major update today. The biggest enhancement focuses on signature verification. Specifically, the upgraded Adobe Sign ...
SAP brings Concur expense management to Slack with two new chatbots
SAP SE is expanding the reach of Concur, the market-leading expense management service that it acquired for $8 billion in 2014. Concur Labs, an engineering group that SAP SE entrusts with developing new ways for workers to use the platform, today introduced two new chatbots that will extend its features to Slack. The first, Concur ...
Microsoft claims breakthrough with AI that translates news as well as a human
Microsoft Corp. researchers this morning revealed that they have developed an artificial intelligence capable of translating text with the same accuracy as a human. The system, which took three separate teams to build, is designed to translate sentences from Chinese news articles into English. It incorporates several emerging neural networking approaches to match human accuracy, including a few that Microsoft ...
AI-driven IT operations startup Moogsoft raises $40M round led by Goldman Sachs
Moogsoft Inc., a startup competing in an emerging market segment aimed at applying artificial intelligence and machine learning to information technology operations, today announced the completion of a late-stage $40 million funding round led by Goldman Sachs Group Inc.’s growth equity division. A half-dozen returning investors chipped into the Series D round as well. Among the ...
Salesforce to acquire business e-commerce startup CloudCraze
Salesforce.com Inc.’s latest acquisition focuses on addressing the rapid growth of the e-commerce market. The company late Monday signed a definitive agreement to acquire CloudCraze LLC, a Chicago-based startup with a cloud platform for managing online storefronts. What sets the service apart is a specialized feature set geared not toward selling to consumers, but rather ...