Mike Wheatley
Latest from Mike Wheatley
Updated: Broadcom in talks to acquire virtualization software giant VMware for $60B
Updated: Computer chipmaker Broadcom Inc. is negotiating to buy the virtualization software giant VMware Inc., according to a report by Bloomberg. The report, citing anonymous sources familiar with the matter, said the negotiations are ongoing and that a deal is not imminent. The Wall Street Journal, however, reported the talks had “picked up pace in ...
Stripe’s new Data Pipeline tool aims to ease syncing transaction data with Amazon Redshift and Snowflake
Payments processing firm Stripe Inc. is getting into the infrastructure business today with the launch of a new product called Data Pipeline that customers can use to synchronize their transaction data with information stored in Amazon Redshift and Snowflake data warehouses. Stripe explained that many of its customers have massive information stores spread across the ...
Y Combinator warns startup founders to be wary of economic downturn
One of Silicon Valley’s most renowned startup accelerators, Y Combinator, has told founders of its portfolio companies to “plan for the worst,” warning they face a rough ride ahead as the economy declines and funding becomes more difficult to obtain. “No one can predict how bad the economy will get, but things don’t look good,” ...
AMD shifts electronic design automation workloads to Google Cloud
Chipmaker Advanced Micro Devices Inc. said today it plans to shift some of its electronic design automation workloads for chip design onto Google Cloud, in order to extend the capabilities of its own data centers. EDA is an important part of the chip design process that involves using computer-aided design software to create printed circuit ...
Cloud data protection startup Dig Security launches with $11M in seed funding
As it exits stealth mode today, data security firm Dig Security Solutions Ltd. wants to convince enterprises it can comprehensively secure their cloud-hosted information. The company is backed by $11 million in seed funding from Team8 and leading cybersecurity firms CrowdStrike Holdings Inc. (via its Falcon Fund) and CyberArk Software Ltd. Merlin Ventures also participated ...
Chip design software firm Synopsys beats forecast and raises full-year guidance
Semiconductor design software maker Synopsys Inc. today delivered fiscal second-quarter results and guidance for the next period that came out ahead of Wall Street’s forecasts, sending its stock higher in extended trading. The company reported a net profit of $294.8 million, with earnings before certain costs such as stock compensation coming to $2.50 per share. ...
Cisco’s stock crashes as China lockdown hurts revenue and guidance
Shares of Cisco Systems Inc. tanked in extended trading after executives said COVID-19-related lockdowns in China and the war in Ukraine dragged on sales in its fiscal third quarter. The same two factors were blamed for a lower-than-expected forecast for Cisco’s fourth-quarter earnings and revenue, and led to the company lowering its full-year guidance. The ...
Google expands Business Messages partner ecosystem
Google LLC said today it’s expanding its Business Messages service that makes it easier for customers to connect to companies when they need support. Business Messages is an artificial intelligence-powered system released by Google Cloud. It loops in customers via text chats that can be launched from the places they normally seek answers such as ...
Masterschool raises $100M to tackle the world’s tech talent shortage
Education technology startup Masterschool said today it has closed on a $100 million round of funding as it looks to satisfy the seemingly unquenchable thirst for technology talent in the enterprise. Despite the big number, the raise is being billed as a “seed funding” round led by Group 11, together with participation from Target Global, ...
Tableau adds new data storytelling and AI capabilities to its rebranded cloud platform
Tableau Software LLC took the wraps off a new edition of its cloud-based data analytics and visualization platform today at its Tableau Conference. The company also previewed some upcoming capabilities that will arrive on Tableau Cloud later this year, and it talked about how it’s working to integrate its platform with the cloud applications of ...
