Maria Deutscher
Latest from Maria Deutscher
Lime reportedly seeking to raise up to $500M in new funding
A few weeks ago, insiders leaked that Bird Rides Inc. is in the process of raising new funding at a $2.5 billion valuation. Rival scooter and bike sharing unicorn Lime may now be looking to follow suit. Business Insider today reported that the startup, which is incorporated as Neutron Holdings Inc., has held early-stage talks ...
Insecure biometric database leaks 1M+ individuals’ fingerprint scans
Researchers have stumbled upon a publicly accessible biometric database that exposed more than a million people’s fingerprints, along with a wealth of other personal data. Cybersecurity experts Noam Rotem and Ran Locar of vpnMentor revealed their alarming discovery in a blog post today. The database in question belongs to Suprema ID Inc., a South Korean maker of ...
Co-working behemoth WeWork files for IPO as losses pile up
WeWork Cos. today published the prospectus for its upcoming initial public offering, revealing a fast-growing top line and mounting losses that will test investors’ enthusiasm for unprofitable tech-related firms. The company rents out shared office space to companies in buildings that it manages. The co-working giant, which was valued at $47 billion after its most ...
Slack debuts new automation APIs for enterprise IT teams
Slack Technologies Inc. this morning previewed new application programming interfaces for its platform that will allow information technology administrators to manage their companies’ internal chat channels with less work. The first of the APIs focuses on external services. Slack has an ecosystem of over 400,000 apps and integrations that augment the platform’s native feature set in various ways, ...
Alegion raises $12M to accelerate AI development with AI
Scores of startups have hit the scene in recent years with tools that promise to reduce the complexity of building artificial intelligence software. Alegion Inc., an Austin-based contender, believes that the key to easing the challenge lies in AI itself. The startup today announced that it has raised a $12 million funding round led by ...
DOD Inspector General is investigating potential JEDI conflicts of interest
The U.S. Defense Department’s internal oversight body is investigating potential conflicts of interest around the JEDI cloud computing contract, a spokesperson said today. The Joint Enterprise Defense Infrastructure program will see the Pentagon spend up to $10 billion over 10 years on procuring cloud infrastructure and services. Amazon Web Services Inc. is seen as the ...
Snap debuts dual-camera Spectacles 3 augmented reality glasses
Snap Inc. has had limited success in the hardware market over the years, but the company continues to focus strongly on it as part of efforts to attract more users. Snap today pulled back the curtains on Spectacles 3, the third iteration of its augmented reality glasses for Snapchat users. The device will go on sale ...
US delays China smartphone and laptop tariffs, boosting tech stocks
Shares of Apple Inc. rose as much as 5.2% this morning and Best Buy Co. Inc. briefly jumped more than 8% after the Trump administration announced it will delay tariffs on certain Chinese imports. The affected items include smartphones, laptops, video game consoles, computer displays and a number of other products such as toys. These products ...
Report: Facebook scrapped plans to acquire Houseparty over regulatory fears
Facebook Inc.’s regulatory issues have gotten in the way of its expansion plans, the New York Times reported today. Two insiders told the paper that the social network had sought to buy popular video chat service Houseparty, but dropped the bid for fear a deal could draw scrutiny from antitrust authorities. The sources said the ...
On a growth tear, AI search provider Lucidworks picks up $100M in new funding
Lucidworks Inc., the maker of an artificial intelligence-powered search engine for enterprises, today announced it has raised $100 million in funding to capture more market share. The round was led by investment firms Francisco Partners and TPG Sixth Street Partners. It marks the latest growth milestone for San Francisco-based Lucidworks, which said it has doubled ...