Mike Wheatley, Author at SiliconANGLE

Cloud

Private equity firm Apax buys Thoughtworks in $1.75B takeover deal

By Mike Wheatley Aug 5, 2024

Shares of the technology consultancy Thoughtworks Holding Inc. jumped more than 27% during the regular trading session today after it revealed it has agreed to be acquired by the British private equity firm Apax…

AI

Placer Labs raises $75M to enhance market research initiatives with foot traffic data and AI

By Mike Wheatley Aug 5, 2024

Location data startup Placer Labs Inc., better known as Placer.ai, said today it has closed on a bumper $75 million funding round that brings its valuation to almost $1.5 billion. Today’s round was unusual…

Infra

Report: Design flaw discovery set to delay launch of Nvidia’s new Blackwell GPUs

By Mike Wheatley Aug 4, 2024

Updated with Monday stock movement: Chipmaker Nvidia Corp. has told Microsoft Corp., Meta Platforms Inc., Google LLC and other customers that its upcoming, highly anticipated “Blackwell” B200 graphics processing units for artificial intelligence workloads…

Cloud

Cloudflare’s stock jumps as it cruises to a solid earnings and revenue beat

By Mike Wheatley Aug 1, 2024

Content delivery network and cybersecurity tooling provider Cloudflare Inc.’s stock was heading higher in extended trading today, posting gains of more than 10% on the back of stellar second-quarter financial results and strong guidance.…

Infra

Intel’s stock craters as it reveals plan to cut 15,000 jobs, 15% of its workforce

By Mike Wheatley Aug 1, 2024

Updated with Friday stock close: Intel Corp. today confirmed reports from earlier this week that it will cut a significant number from its massive global workforce, saying it plans to lay off about 15,000…

Cloud

Amazon’s stock slides on revenue miss and lower guidance despite cloud growth uptick

By Mike Wheatley Aug 1, 2024

Shares of Amazon.com Inc. took a beating in extended trading today, falling more than 7% after the company reported revenue that came in below expectations and followed with lower guidance for the current quarter.…

AI

Google’s lightweight Gemma LLMs get smaller, but they perform even better than before

By Mike Wheatley Jul 31, 2024

Google LLC is advancing its efforts in open-source artificial intelligence with three new additions to its Gemma 2 family of large language models, which it said are notably “smaller, safer and more transparent” than…

Infra

Shares of Arm and Qualcomm wobble after hours, despite solid earnings and revenue beats

By Mike Wheatley Jul 31, 2024

Arm Holdings Plc and Qualcomm Inc. made strong gains during the regular trading session today, with their respective share prices up by more than 8%, but both stocks wavered in after-hours trading after the…

Apps

Meta’s stock rises on strong earnings, revenue growth and confident outlook

By Mike Wheatley Jul 31, 2024

Shares of Meta Platforms Inc. gained more than 6% in after-hours trading today after the company posted solid earnings and revenue that exceeded analysts’ expectations and provided a strong forecast for the current quarter.…

Infra

Intel reportedly set to announce another round of layoffs, involving ‘thousands’ of workers

By Mike Wheatley Jul 30, 2024

Intel Corp. is reportedly preparing for a major workforce reduction, with thousands of Intel layoffs expected in the coming days. The company is taking cost-cutting measures as it pursues an ambitious plan to regain…

Mike Wheatley

Private equity firm Apax buys Thoughtworks in $1.75B takeover deal

Placer Labs raises $75M to enhance market research initiatives with foot traffic data and AI

Report: Design flaw discovery set to delay launch of Nvidia’s new Blackwell GPUs

Cloudflare’s stock jumps as it cruises to a solid earnings and revenue beat

Intel’s stock craters as it reveals plan to cut 15,000 jobs, 15% of its workforce

Amazon’s stock slides on revenue miss and lower guidance despite cloud growth uptick

Google’s lightweight Gemma LLMs get smaller, but they perform even better than before

Shares of Arm and Qualcomm wobble after hours, despite solid earnings and revenue beats

Meta’s stock rises on strong earnings, revenue growth and confident outlook

Intel reportedly set to announce another round of layoffs, involving ‘thousands’ of workers

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