Microsoft faces $28.9 billion tax bill in ongoing audit dispute
Microsoft says that it’s facing a hefty tax bill over historical accounting practices dating back nearly 20 years.
In a filing yesterday with the Securities and Exchange Commission (SEC), the company confirmed that the Internal Revenue Service (IRS) has arrived at a figure of $28.9 billion
Google turns up the heat on AWS, claims Cloud Spanner is half the cost of DynamoDB
Google’s Cloud Spanner is now half the cost of Amazon’s DynamoDB “for most workloads,” Google says. And Google doesn’t want you to forget it.
Google today announced that Cloud Spanner, its distributed, decoupled relational database service hosted on Google Cloud, is no
Box announces Hubs, a custom portal to share specialized content
For years, companies have been looking for better ways to share content, but the file/folder metaphor has stubbornly stuck. And that worked fine for ad hoc kinds of sharing between individuals or small groups, but for larger teams, it could be hard to understand the content sitting in folders witho
Conveyor raises $12.5M to automate security reviews using LLMs
In a perfect world, companies would vet the security and compliance of every third-party vendor they use. Sales wouldn’t close until these reviews are complete. The trouble is, security reviews require a massive investment of time — and labor.
Questionnaires — the main way compani
UK regulator takes first steps to investigate the $19B Vodafone/Three mobile merger
When Vodafone and Hutchison-owned Three in the U.K. announced their plan to merge in a non-cash deal to create a $19 billion mega mobile operator in June of this year, we noted that it would likely face a sizeable regulatory hurdle. The next chapter in that story opened today: The country’s C
Shadow launches Windows-based cloud PCs for $9.99 per month
While Shadow is better known for its high-end cloud PCs with a dedicated Nvidia GPU, the company is introducing a new tier called Shadow PC Essential. As the name suggests, Shadow isn't targeting gamers with this offering. This is a computer in the cloud that runs Windows and that you can acces
Canopy Servicing’s $15.2M Series A1 shows fintech startups that raised in 2021 can still get money
The fintech sector is facing a wildly different world in 2023 than it did in 2021. Capital is scarce and valuation multiples have plummeted as the broader tech market pulled back, and fintech startups everywhere are struggling to raise money. So when Canopy Servicing, a fintech startup building sof
Harbour secures $15M to streamline and automate contract drafting
Contract management startup Harbour today announced that it raised $15 million in a Series A funding round that had participation from Getty Images co-founder Jonathan Klein, Scribble Ventures and The Palmer Company.
Bringing Harbour’s total raised to $20 million, the new funds will be put to
Gutsy launches with huge $51M seed to bring process mining to security
Twistlock was founded in 2015 with the idea of securing the nascent cloud native computing environment, a notion you could argue was well ahead of its time. When the company was acquired by Palo Alto Networks in 2019 for $410 million, it turned out that wasn't the end of the story. The founding
Data observability startup Acceldata raises $10M more
Data observability startup Acceldata today announced that it raised $10 million in an extension to its Series C round, bringing its total raised to over $100 million.
New investor Prosperty7 Ventures was the sole contributor to the tranche, according to Acceldata co-founder and CEO Rohit Choudhary,
Plenful raises $9M to automate healthcare workflows
Plenful, a startup developing workflow automation tools for healthcare providers, has emerged from stealth with $9 million in a funding round led by Bessemer Venture Partners.
Co-founder and CEO Joy Liu says that the proceeds will be put toward building out Plenful’s platform, growing the com
Modal Labs lands $16M to abstract away big data workload infrastructure
Modal Labs, a platform that provides cloud-based infrastructure to data teams and app developers, particularly those creating generative AI applications, has raised $16 million in a Series A funding round led by Redpoint Ventures, with participation from Amplify Partners, Lux Capital and Definition
Zendesk emerges from last year’s turbulence with strong outlook
Last year was a tough one for Zendesk, with several months of uncertainty. But the company appears to have emerged from that instability, none the worse for wear, with a new private equity owner and a fresh CEO to lead it into its next phase.
The customer service software company began life in 2007
Some gen AI vendors say they’ll defend customers from IP lawsuits. Others, not so much.
A person using generative AI — models that generate text, images, music and more given a prompt — could infringe on someone else’s copyright through no fault of their own. But who’s on the hook for the legal fees and damages if — or rather, when — that happens?
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