Mike Wheatley
Latest from Mike Wheatley
HYCU’s new R-Cloud brings simple, cloud-based data protection to SaaS app providers
The cloud-based data backup and recovery-as-a-service provider HYCU Inc. said today it’s making it easier for software-as-a-service companies and independent software vendors to deliver data protection to their customers. The company has just announced the availability of R-Cloud, which it says is the world’s first low-code development platform for protecting SaaS-based critical applications. With the ...
Phantom AI, a startup building advanced driver assistance systems, raises $36.5M in funding
Phantom AI, a startup developing advanced driver assistance systems for automobiles, said today it has closed on a $36.5 million round of funding. The Series C round was led by Intervest and saw participation from existing investors KT Investment and Renaissance Asset Management, plus new investors Shinhan GB and Samsung Ventures.. It brings PhantomAI’s total ...
Poor revenue guidance hits shares of Western Digital and Supermicro
Shares of Western Digital Corp. and Super Micro Computer Inc. were trending down today in extended trading after the companies both offered revenue guidance that came in below expectations. In the case of Western Digital, which sells hard drives and flash storage used in computers, smartphones and other devices, its forecast came in much lower ...
Juniper misses Wall Street’s revenue growth targets and its stock falls
Juniper Networks Inc. saw its stock fall more than 3% in extended trading today after matching expectations on earnings, missing estimates on revenue and offering lower-than-expected guidance for the coming quarter. The company reported a net income for the fourth quarter of $180.4 million, up from $132.9 million in the same period last year. Earnings ...
AMD beats expectations and grows its revenue on strong data center chip sales
Advanced Micro Devices Inc. surprised Wall Street today as it beat expectations on sales and profit in its fourth-quarter financial results, thanks to strength in its data center division. But the company warned analysts that it’s expecting a 10% revenue decline for the current quarter. The chipmaker’s stock rose 2% in after-hours trading nonetheless. AMD ...
Observe.AI debuts real-time AI conversational prompts for call center agents
Contact center intelligence platform provider Z21 Labs Inc., better known as Observe.AI, today announced a new Real-Time AI product suite that will provide call center agents with live, in-the-moment guidance to improve their call interactions as they’re speaking with customers. The new offering is designed to help call center agents successfully resolve every customer query ...
Quantum computing infrastructure software startup Q-CTRL raises $27.4M
Quantum computing infrastructure startup Q-CTRL Pty. Ltd. said today it has closed on a $27.4 million Series B-1 fundraise, bringing its total Series B round to more than $52 million — the largest among all quantum software companies, according to Pitchbook data. Today’s round was led by Salesforce Ventures and saw participation from new investors ...
Cisco’s collaboration devices add support for Microsoft Teams
Cisco Systems Inc. announced today that it’s making a range of its enterprise collaboration devices compatible with Microsoft Teams, aiming to enable a more inclusive hybrid work experience. The announcement came alongside the launch of the new Cisco Table Microphone Pro, which is a digital, multidirectional table microphone for collaborative workspaces. With its new Cisco ...
Profit from Samsung’s memory chip business falls by a stunning 90%
Samsung Electronics Co. Ltd. saw its quarterly profit collapse after suffering a steep drop in demand for memory chips that resulted from consumers buying fewer electronic gadgets. In its fourth-quarter earnings results published today, the South Korean company revealed that profit from its semiconductor business fell by a stunning 90%, to just 270 billion won ...
Confluent beats expectations as its revenue jumps more than 40%
Confluent Inc., a provider of real-time big-data streaming tools, reported fourth-quarter earnings and revenue that topped Wall Street’s expectations today, but its guidance for the coming quarter failed to excite investors and its stock barely moved in after-hours trading. The company reported a loss before certain costs such as stock compensation of nine cents per share, ...