Mike Wheatley
Latest from Mike Wheatley
Sysdig adds cryptojacking detection to its container security toolbox
Sysdig Inc., the application container security firm, said today it’s introducing a new, machine learning-powered cloud detection and response capability that can help enterprises deal with the threat of “cryptojacking.” Cryptojacking is slowly becoming a major concern for enterprises, Sysdig believes. It refers to the unauthorized use of someone’s computing resources — be it a ...
Signal AI buys corporate reputation startup Kelp to boost external intelligence platform
The self-styled “external intelligence” company Signal Media Ltd., better known as Signal AI, said today it has acquired Kelp Inc., a provider of corporate reputation insights. Signal AI said the acquisition builds on the deep synergies between the two firms and their shared vision to help organizations understand external events that impact on their success. ...
GlobalFoundries posts strong earnings results and outlook
GlobalFoundries Inc. shares rebounded in extended trading today, having initially fallen more than 8% in the wake of second-quarter financial results that topped Wall Street’s expectations. The company reported net income for the quarter of $317 million, or 48 cents per share, compared with a loss of $30 million one year ago. Earnings before certain ...
Rackspace shares slide on mixed earnings results and weak forecast
Cloud services provider Rackspace Technology Inc. reported mixed second-quarter financial results today, beating expectations on earnings but missing on revenue. However, its sales guidance for the next period was light, sending its stock down in after-hours trading. The company reported a net loss of $40.6 million, with earnings before certain costs such as stock compensation ...
Shopic gets $35M to bring AI-powered smarts to ordinary shopping carts
The smart shopping cart startup Shopic Technologies Ltd. said today it has raised $35 million in funding to get closer to fulfilling its mission of making grocery shopping experiences smarter for stores and consumers. Today’s Series B round was led by Qualcomm Ventures and saw the participation of Vintage Investment Partners, Clal Insurance, IBI Tech ...
DigitalOcean delivers a profit that tops Wall Street’s expectations
Developer cloud infrastructure provider DigitalOcean Holdings Inc. delivered mixed second-quarter financial results today, beating expectations on profit but just missing out on sales. Guidance for the next quarter was more or less in-line with expectations, and the company’s stock edged up slightly in extended trading. The company reported earnings before certain costs such as stock ...
Meta AI unveils BlenderBot 3, an advanced chatbot that learns from interactions
Meta AI, the artificial intelligence research unit of Facebook parent company Meta Platforms Inc., said today it has released a new version of its advanced BlenderBot chatbot that can remember previous interactions and learn from them. BlenderBot 3 is said to be the world’s first 175 billion-parameter, publicly available chatbot that comes complete with model ...
Amid reports of a possible sale, New Relic kicks off fiscal 2023 with strong earnings beat
New Relic Inc.’s management relieved some of the pressure the company is under today, delivering fiscal first-quarter financial results that came in above expectations. It followed up with strong guidance for the next three months, sending its stock higher in after-hours trading. The results came as the company announced it has hired David Barter to ...
Twilio beats expectations but its stock drops on weak outlook
Shares of Twilio Inc. fell in extended trading today after the company offered a weak outlook for its fiscal third quarter, despite beating expectations with its second-quarter results. The company reported a loss before certain costs such as stock compensation of 11 cents per share on revenue of $943.4 million, up 41% from the same ...
After beating Wall Street’s targets, Dropbox drops its full-year revenue forecast
File-sharing service provider Dropbox Inc. posted second-quarter financial results that beat expectations today, but it offered weak guidance for the next quarter and cut its full-year outlook amid what it described as “challenging macroeconomic conditions.” The company reported earnings before certain costs such as stock compensation of 38 cents per share, resulting in a net ...