Mike Wheatley, Author at SiliconANGLE

Infra

NXP barely maintains growth as it beats the Street’s forecasts on earnings and revenue

By Mike Wheatley Feb 5, 2024

NXP Semiconductor N.V. posted strong fourth-quarter earnings results today, beating Wall Street’s projections on earnings and revenue. The beat was enough to send the company’s stock higher in extended trading, with investors remaining bullish…

AI

MIT researchers use neural networks to design more durable and flexible composite materials

By Mike Wheatley Feb 5, 2024

Researchers at the Massachusetts Institute of Technology’s Computer Science and Artificial Intelligence Laboratory have created a new, AI-powered system for designing more durable microstructured composite materials for use in vehicle manufacturing. In a blog…

AI

Scammers used deepfake CFO on video call to trick company employee into sending them $25M

By Mike Wheatley Feb 4, 2024

Scammers who used artificial intelligence-powered “deepfakes” to pose as a multinational company’s chief financial officer in a video call were able to trick an employee into sending them more than $25 million, CNN reported.…

Apps

Meta’s operating profit triples as it smashes forecasts, sending its stock up 20%

By Mike Wheatley Feb 1, 2024

Updated with Friday stock price: A solid earnings and revenue beat from Meta Platforms Inc. today catapulted the social networking company’s stock 20% higher in trading Friday, adding more than $200 billion to its…

Apps

Strong iPhone sales help Apple return to growth, but its stock falls on cautious guidance

By Mike Wheatley Feb 1, 2024

Apple Inc. delivered strong results for its fiscal first quarter today, notably cutting a streak of four successive quarters of revenue declines. However, with sales falling more than 13% in the all-important Chinese market,…

Cloud

Amazon’s stock rises after it trounces analysts’ earnings expectations

By Mike Wheatley Feb 1, 2024

Shares of Amazon.com Inc. trended higher in the after-hours session today after the company delivered fourth-quarter financial results that sailed past analysts’ expectations. The company followed its results with strong guidance for the current quarter,…

AI

Allen Institute for AI launches open and transparent OLMo large language model

By Mike Wheatley Feb 1, 2024

The Allen Institute for AI, a nonprofit organization created by the late Microsoft Corp. co-founder Paul Allen, said today it’s bringing more transparency into the generative artificial intelligence industry with what it says is…

Big Data

Neurelo launches with $5M in funding to simplify database connectivity headaches

By Mike Wheatley Jan 31, 2024

Neurelo Inc., a startup that has created a cloud-based data application programming interface platform for PostgreSQL, MongoDB and MySQL databases, launched today armed with $5 million in seed funding. The round was led by Foundation…

Infra

Qualcomm beats the Street’s estimates but warns of slow smartphone recovery

By Mike Wheatley Jan 31, 2024

Qualcomm Inc. blew past Wall Street’s quarterly earnings and revenue forecasts as it delivered its fiscal first-quarter 2024 results, but its stock traded lower after the smartphone chipmaker issued cautious guidance. The company reported earnings…

Infra

Samsung records lowest annual profit in more than 15 years

By Mike Wheatley Jan 30, 2024

Shares of Samsung Electronics Co. Ltd. were trading lower late today after the company delivered its weakest annual earnings in more than a decade, with its operating profit falling by 3% from a year…

Mike Wheatley

NXP barely maintains growth as it beats the Street’s forecasts on earnings and revenue

MIT researchers use neural networks to design more durable and flexible composite materials

Scammers used deepfake CFO on video call to trick company employee into sending them $25M

Meta’s operating profit triples as it smashes forecasts, sending its stock up 20%

Strong iPhone sales help Apple return to growth, but its stock falls on cautious guidance

Amazon’s stock rises after it trounces analysts’ earnings expectations

Allen Institute for AI launches open and transparent OLMo large language model

Qualcomm beats the Street’s estimates but warns of slow smartphone recovery

Samsung records lowest annual profit in more than 15 years

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