Mike Wheatley
Latest from Mike Wheatley
SaaS app management startup Zylo lands $31.5M in new funding round
Software-as-a-service management startup Zylo Inc. is looking to accelerate the growth of its business after closing on a $31.5 million round of funding today. The Series C round was led by Baird Capital’s Venture Team and included participation from new investor Spring Lake Equity Partners, as well as existing backers like Bessemer Venture Partners, Menlo ...
MongoDB’s Dev Ittycheria on how the cloud is expanding developers’ influence
The cloud is evolving with more horsepower, higher-level services and industry-specific capabilities. It’s an evolution that’s been termed the “supercloud” and it’s one that the database firm MongoDB Inc. has eagerly taken advantage of to boost its standing with its hardcore developer following. Speaking to theCUBE industry analyst and host John Furrier during an exclusive ...
Windows Subsystem for Linux launches in Microsoft Store
Microsoft Corp. said today that Windows Subsystem for Linux is now generally available, with the latest version to be found in the Microsoft Store. WSL, as it’s often called, was previously available only in preview and only for Windows 11 users, but the update means those running Windows 10 will also be able to download ...
Sales of computer graphics cards fall 25%, in worst decline since 2009
The latest report from Jon Peddie Research this week has brought some sobering news for graphics processing unit manufacturers, revealing that GPU shipments in the third quarter saw their biggest drop since 2009, falling by more than 25% from a year earlier. Jon Peddie’s report, released Sunday, covers GPUs for desktops, laptops and also central ...
VMware’s earnings and revenue fall short of Wall Street’s expectations
VMware Inc.’s stock fell slightly in after-hours trading today after it reported lower-than-expected earnings and revenue in what is likely to be one of its final earnings calls as a publicly traded company. The virtualization software giant reported third-quarter earnings before certain costs such as stock compensation of $1.47 per share, below Wall Street’s estimate of ...
HP to cut 10% of its staff in wake of PC market slowdown
HP Inc. today announced plans to cut up to 10% of its global workforce as it struggles to deal with a massive slump in demand for personal computers that will likely continue well into the new year. The cuts came after the company posted disappointing fiscal fourth-quarter earnings results and issued soft guidance for the ...
TSMC aiming to build advanced advanced chip fab in Arizona
Taiwan Semiconductor Manufacturing Co. has revealed plans to construct a new, three-nanometer chip manufacturing plant in Arizona, which will sit alongside a five-nanometer facility that’s already under construction and poised to open for business in 2024. News of the company’s plan came from its founder Morris Chang (pictured), who told Reuters today that the details ...
Zoom admits new business deals are getting tougher to close and its stock drops
Shares of Zoom Video Communications Inc. lost more than 6% of their value in extended trading today after the company posted mixed third-quarter financial results. Profits beat Wall Street’s expectations but revenue was only in line with analyst’s forecasts, while the company’s guidance for the next quarter came up short. Zoom reported third-quarter earnings before ...
Dell delivers record profit on better supply chain conditions, stock rises despite weak forecast
Updated: Tech industry bellwether Dell Technologies Inc. beat Wall Street expectations for its third quarter today thanks to what it said were improved conditions in its supply chain that helped to offset weakness in the personal computer market. Even so, the company’s guidance for the next quarter came in shy of analysts’ expectations, sending its ...
Meta’s MultiRay platform aggregates training for high quality, large-scale AI models
Facebook parent company Meta Platforms Inc. today lifted the lid off its latest innovation in artificial intelligence training. It’s called MultiRay, a new platform for running the most powerful AI models at large scale, with more efficiency and lower costs. Meta explained in a blog post that, until now, many companies have been forced to ...