Mike Wheatley
Latest from Mike Wheatley
Zoom lowers its full-year profit and sales forecast, sending its stock down
Shares of Zoom Video Communications Inc. fell more than 8% in extended trading today after the company offered guidance that came in below expectations and trimmed its full-year earnings and revenue forecast. The company reported second-quarter earnings before certain costs such as stock compensation of $1.05 per share on revenue of $1.1 billion, up 8% ...
IonQ launches what’s said to be the world’s ‘most powerful’ quantum computing system on Azure
IonQ Inc., the quantum computing company that became the first in the industry to go public last year, said this week it has made a second system available on Microsoft Corp.’s Azure Quantum cloud platform, in a bid to bring the technology to a much wider audience. The company said the Aria system is exclusively ...
Abu Dhabi’s Group 42 launches $10B fund to invest in ‘high-growth’ tech startups
Abu Dhabi-based artificial intelligence firm Group 42, which is backed by Mubadala Investment Co. and Silver Lake Technology Management LLC, is setting up a new, $10 billion fund focused on technology investments in emerging markets. The G42 Expansion Fund will partner with the Abu Dhabi Growth Fund, which was set up by Abu Dhabi’s state-controlled ...
Google Cloud claims it blocked the largest DDoS attack ever attempted
Google Cloud said today it fended off what it believes was the largest Layer 7 distributed-denial-of-service attack ever seen, when an attacker attempted to disrupt one of its customers’ internet based services on June 1. The DDoS attack peaked at a stunning 46 million requests per second using Hypertext Transfer Protocol Secure-based requests. “To give a ...
AWS enables livestreaming with Amazon Chime software development kit
Amazon Web Services Inc. said today it’s bring livestreaming capabilities to its real-time communications service Amazon Chime software development kit. With the new addition, Amazon said it is making it far simpler for all manner of developers to reach potentially millions of viewers by sending real-time video to streaming platforms such as Twitch. Amazon Chime ...
Healthcare hiring platform Incredible Health raises $80M in Series B funding
The U.S.-based healthcare job matching platform Incredible Health Inc. said today it has closed on an $80 million round of funding that takes its value to more than $1.65 billion. With the Series B round, Incredible Health claims it has become the most valuable “tech-enabled” career marketplace within the healthcare sector. Today’s round was led ...
Cisco beats profit and revenue targets and offers encouraging guidance
Networking giant Cisco Systems Inc. posted stronger-than-expected fiscal fourth-quarter earnings and revenue and followed with a bullish forecast for the new financial year, sending its stock higher in extended trading today. The company reported net income for the fourth quarter of $3.4 billion, or 68 cents per share. Earnings before certain costs such as stock ...
Cloudera launches CDP One to make it easier to bring data analytics workloads to the cloud
The big-data company Cloudera Inc. is making it easier for enterprises to shift data analytics to the cloud with the launch of a new software-as-a-service-based data lakehouse offering, called Cloudera Data Platform One. Announced today, CDP One is designed to enable rapid, self-service analytics and exploratory data science on any kind of data, in the ...
HyperTrack lands $25M funding to build out its API-based, last-mile logistics infrastructure
Logistics infrastructure provider HyperTrack Inc. announced it has closed on a $25 million early-stage funding round today. The funds from the Series A round will help it to capture a slice of what it says is a multibillion-dollar market for systems enabling last-mile logistics technology. HyperTrack says the emergence of the so-called gig economy has created ...
Startup Arc Technologies raises $20M so other startups don’t have to raise money themselves
Arc Technologies Inc., a startup that’s providing an alternative source of funding for other startups, said today it has raised $20 million in a traditional funding round. Today’s Series A round was led by Left Lane Capital and included participation from a host of other investors, including NFX, Y Combinator, Clocktower Technology Ventures, Torch Capital, ...
