Maria Deutscher
Latest from Maria Deutscher
Rescale Inc., a startup harnessing the public cloud for scientific simulations and other complex workloads, today announced that it has raised $32 million in fresh funding. The round was led by Keen Venture Partners, SineWave Ventures and Reddit Inc. co-founder Alexis Ohanian’s …
IT services giant Atos inks $3.4B deal to acquire Syntel
Atos SE, a major player in the global information technology services market that closed 2017 with revenue of nearly $15 billion, is growing its reach. The French company on late Sunday announced that it has inked a deal to acquire industry peer …
Qualcomm claims 5G breakthrough with new penny-size mobile antennas
Qualcomm Inc. today debuted two penny-size antenna modules that bring high-speed 5G connectivity a big step closer to reality. The term 5G covers a set of standards currently being implemented by carriers, handset makers and others to deliver faster wireless internet for …
Google, Facebook, Microsoft and Twitter launch open-source initiative to free users’ data
Four of the world’s largest tech companies are teaming up on a new open-source initiative designed to make the web more competitive. Google LLC, Facebook Inc., Microsoft Corp. and Twitter Inc. today formally launched the Data Transfer Project to provide tools for moving …
As robotic process automation takes off, UiPath hits $100M in recurring revenue
A corner of the software market known as robotic process automation has started experiencing rapid growth thanks to a surge in enterprise adoption. The valuations of the leading players are jumping in lockstep. This fast-rising, and increasingly important, industry today hit a …
SAP beats earnings forecasts after cloud revenue soars 40 percent
Thanks to strong growth in cloud services, SAP SE today beat Wall Street expectations on both revenue and profit for its second quarter. The software maker, Europe’s most valuable tech firm, saw revenue climb 10 percent at constant currency to 6 billion euros ($6.96 billion). …
Okta acquires security startup ScaleFT to advance ‘zero trust’ access
Okta Inc., a provider of identity management services that help enterprises control who accesses their systems, today announced that it has acquired security startup ScaleFT Inc. for an undisclosed sum. The San Francisco-based startup offers a platform for implementing so-called “zero trust” …
EU slaps Google with record $5B fine for bundling its apps with Android
The European Union today fined Google LLC a massive €4.34 billion, or $5 billion, after finding that the technology giant has abused Android’s market dominance. The record penalty concludes a yearslong investigation that centered on how Google licenses the operating system to …
IBM demands $167M from Groupon over alleged patent infringement
IBM Corp. on Monday afternoon asked a jury to grant it $167 million in damages from Groupon Inc. over the deals website’s alleged infringement of its intellectual property. The request came as part of opening arguments in what is set to be …
Moving to counter Amazon, Microsoft and Walmart forge far-reaching cloud alliance
Wal-Mart Stores Inc. will move key parts of its infrastructure to Microsoft Corp.’s Azure and collaborate with the company on artificial intelligence software as part of a new partnership that takes direct aim at Amazon.com Inc., their mutual archrival. The companies aren’t shy about …