Mike Wheatley
Latest from Mike Wheatley
Enterprise software provider Workday Inc. beat expectations on earnings and revenue today as it posted its fourth-quarter financial results, but its guidance for the coming quarter came up light and its stock fell almost 3% in extended trading. The company reported a …
Zoom’s stock makes strong gains on surprise earnings beat
Shares of Zoom Video Communications Inc. gained almost 8% in extended trading today after the company reported financial results that beat Wall Street’s expectations and offered a strong forecast for the coming quarter. In a press release, Zoom reported fourth-quarter earnings before …
Intel accelerates 5G network virtualization with radio access network boost for Xeon processor
Intel Corp. has integrated virtual radio access network acceleration into its latest 4th Gen Intel Xeon system-on-chip, helping network operators gear up their efforts to deliver cloud-native features for next-generation 5G core and edge networks. The announcement came today at the MWC event, formerly …
Dell partners with leading telecom and infrastructure players to accelerate open network adoption
Dell Technologies Inc. said at the MWC 2023, the former Mobile World Congress, in Barcelona today that it’s aiming to become a “unifying force” in the telecommunications industry with the launch of its new Dell Open Telecom Ecosystem Community. It’s made up …
At MWC 2023, Google Cloud targets cloud-native network transformation
Google Cloud said today at MWC, the former Mobile World Congress, that it’s taking steps to help communication service providers double down on their network transformation efforts. It’s doing so through the launch of three new telecommunications products that, combined, form a …
Red Hat collaborates with Nvidia, Samsung and Arm on efficient, open networks
Open-source software giant Red Hat Inc. announced a series of updates at the MWC 2023 event in Barcelona today, underscoring its ambitions stretching across advanced 5G, telecommunications clouds, industrial edge, artificial intelligence, radio-access networks and energy efficiency. First up is a new …
Meta releases LLaMA to democratize access to large language AI models
Meta Platforms Inc.’s Facebook AI Applied Research group today is publicly releasing a new foundational large language model, known as Large Language Model Meta AI or LLaMA, to help the scientific community advance its research into a subset of artificial intelligence known …
NTT unveils prototype chip that could boost internet speeds to 2 terabytes per second
Japanese telecommunications giant Nippon Telegraph and Telephone Corp. today announced it has developed a prototype chip that it believes will one day be able to deliver a significant boost in data transfer speeds within data centers and undersea fiber optic cables. The company …
Soft guidance sends Autodesk’s stock down in extended trading
Shares of the design software firm Autodesk Inc. headed down in extended trading today after the company warned of lower-than-expected sales in the coming quarter and fiscal year. The warning followed solid fourth-quarter financial results. Autodesk reported earnings before certain costs such as …
NetApp’s stock falls on revenue miss and soft guidance
Shares of the data storage company NetApp Inc. trended down in after-hours trading today after the company reported revenue that came in below analysts’ estimates and followed with soft guidance for the coming quarter. The company reported fiscal third-quarter earnings before certain costs …