Mike Wheatley
Latest from Mike Wheatley
DevOps company JFrog grows at a healthy clip but investors aren’t impressed
DevOps company JFrog Ltd.’s stock was unable to make up for its losses earlier today as the overall market swooned, despite posting third-quarter financial results and guidance for the fourth quarter that was in line with Wall Street’s expectations. JFrog’s stock fell more than 7% in the hours running up to the report, and stayed ...
Qualcomm warns first-quarter revenues will come up light, sending its stock down
Smartphone chip manufacturer Qualcomm Inc.’s stock declined in after-hours trading today after it issued a poor outlook and warned that it must clear around two months of inventory within its core business. The forecast came after the company posted its fiscal fourth-quarter financial results, which met expectations. The company reported earnings before certain costs such as stock ...
Twilio doubles down on customer engagement through more personalized experiences
Cloud communications firm Twilio Inc. today announced a host of updates to its customer engagement platform that it said are aimed at helping businesses to establish more profitable, long-term and direct relationships with their customers. Twilio is best known for its cloud services and application programming interfaces that are used by developers to embed messaging ...
Deloitte and AWS team up to deliver digital banking services from the cloud
The information technology consulting giant Deloitte Touche LLC said today it’s partnering with Amazon Web Services Inc. to build a cloud-based offering that can help organizations to launch modern digital banking services and modernize their existing financial technology stacks. With the planned multiyear collaboration, Deloitte will bring its ConvergePROSPERITY BankingSuite platform to the table, with ...
Climate tech startup AiDash gets $10M funding from Schneider Electric
Artificial intelligence-powered disaster management startup AiDash Inc. today announced a $10 million strategic investment from SE Ventures, a global venture fund backed by the multinational energy management firm Schneider Electric SE. AiDash is the creator of a powerful Disaster and Disruption Management System that’s used by energy and utility firms to forecast storm and wildfire-related ...
Intel’s Sapphire Rapids server chips face yet more delays, with AMD set to benefit
Intel Corp. today confirmed that an initial launch event for its long awaited Xeon Scalable central processing units will take place in January, but it’s still not clear when the chips will become commercially available. Intel’s announcement came in the wake of a report by industry watcher TrendForce, which claimed that mass production of the ...
Strong server chip sales send AMD’s stock higher, despite softness in PC market
Shares of the chipmaker Advanced Micro Devices Inc. rose by more than 4% in extended trading today after it said it’s expecting strong growth in its server chip business in the coming quarters. That happened even as the company missed its third-quarter earnings and revenue targets and offered soft guidance for the coming quarter. AMD ...
Synthesis AI can programmatically generate synthetic images of humans for AI training
Synthetic data technology startup Synthesis AI Inc. said today it’s updating its platform with a couple of interesting add-ons that will make it possible to create vast amounts of perfectly labeled human image data in double-quick time. Synthesis AI is a pioneer in the synthetic data space, offering a platform for creating information that’s generated ...
NetApp introduces BlueXP, a unified data control plane to ease multicloud storage headaches
Data storage pioneer NetApp Inc. today announced the general availability of NetApp BlueXP, a unified data control plane that it says can simplify the experience for teams managing storage and data services spanning on-premises and cloud environments. Announced at NetApp Insight, NetApp BlueXP gives teams an easier way to manage their entire data estate, including ...
Resilient demand helps chipmaker NXP Semiconductors post earnings beat
Dutch computer chip manufacturer NXP Semiconductors NV sprang a surprise today as it posted strong third-quarter financial results that surpassed Wall Street’s expectations. The company reported earnings before certain costs such as stock compensation of $3.81 per share, well ahead of Wall Street’s consensus estimate of $3.66 per share. Revenue for the quarter rose 20% ...