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SAP faces probe in the US over alleged price fixing in government contracts

CIO

German software giant SAP is under investigation by US officials for allegedly conspiring to overcharge the US government for its technology products over the course of a decade. Federal agents have searched Carahsoft’s offices in Washington, DC, and the DOJ is reviewing court records filed in Baltimore.

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Twilio gets hacked, teens ditch Facebook, and SpaceX takes South Korea to the moon

TechCrunch

Welcome back to Week in Review , the newsletter where we quickly recap the top stories from TechCrunch dot-com this week. whereas in 2014 around 71% of teens used Facebook, the study says in 2022 that number has dropped down to 32%. Want it in your inbox every Saturday? Sign up here. Is Facebook for old people? other stuff.

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Build generative AI applications quickly with Amazon Bedrock IDE in Amazon SageMaker Unified Studio

AWS Machine Learning - AI

They have structured data such as sales transactions and revenue metrics stored in databases, alongside unstructured data such as customer reviews and marketing reports collected from various channels. Its sales analysts face a daily challenge: they need to make data-driven decisions but are overwhelmed by the volume of available information.

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TechCrunch+ roundup: Cell-cultured meat, alternative financing, avoiding tech debt

TechCrunch

Use discount code TCPLUSROUNDUP to save 20% off a one- or two-year subscription. We are far from clear in knowing which technology will be the best,” she said. “So Startup accelerators’ definition of ‘value add’ is due for a refresh. Startup accelerators’ definition of ‘value add’ is due for a refresh.

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Filevine raises $108 million for tools that streamline legal workflows

TechCrunch

Filevine , a startup offering a software-as-a-service product for legal case management, today announced that it closed a $108 million series D round led by StepStone Group with participation from Golub Capital and existing investors Signal Peak Ventures and Meritech Capital. software-as-a-service market.”

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‘High conviction, low volume’: Playfair launches $70M pre-seed fund for European startups

TechCrunch

‘High conviction, low volume’ Playfair, for its part, seeks out founders “outside of dominant tech hubs,” as well as founders working on projects that may run more tangential to where the main hype and “buzzy-ness” exists. ” A large chunk of early-stage deals fall apart in the due diligence phase.

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Juniper Networks acquires Boston-area AI SD-WAN startup 128 Technology for $450M

TechCrunch

Today Juniper Networks announced it was acquiring smart wide area networking startup 128 Technology for $450 million. With 128 Technology, the company gets more AI SD-WAN technology. 128 Technologies was founded in 2014 and raised over $97 million, according to Crunchbase data. .

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