Mike Wheatley
Latest from Mike Wheatley
German chipmaker Infineon Technologies AG has earmarked “several billion euros” to spend on acquisitions in the coming year in order to boost its growth. In an interview with Frankfurter Allgemeine Zeitung, Infineon Chief Executive Jochen Hanebeck (pictured) said the company is constantly …
US appeals court revives lawsuit accusing Google, YouTube and others of violating children’s privacy
A lawsuit that accuses Alphabet Inc.’s Google LLC, YouTube and a number of other companies of violating the privacy of children was revived by a U.S. appeals court today. According to Reuters, the lawsuit alleges that the companies were tracking the activity …
Mastodon founder vows to preserve platform’s nonprofit status
The microblogging platform Mastodon gGmbH claims to have rejected a number of big investment offers from venture capital firms over the past few months, as its founder says he wants to protect the social media platform’s unique nonprofit status. In an interview …
LG to integrate sleep diagnosis technology with smart home appliances
LG Electronics Inc. announced today that it’s working with the South Korean sleep technology startup Asleep Inc. on a range of smart home appliances that can detect when users are asleep and adjust their settings accordingly. The Korea Economic Daily revealed that LG …
Indonesian fintech Akulaku raises $200M from Japan’s MUFG bank
Jakarta-based financial technology startup PT Akulaku Silvrr Indonesia said today it has raised $200 million via a strategic investment from Mitsubishi UFJ Financial Group, the largest bank in Japan. Akulaku is a fast-growing neobank that provides digital banking services, including “Buy Now, …
Samsung reportedly planning to increase chip production despite economic slowdown
At a time when other chipmakers are scaling back their investments, Samsung Electronics Ltd. is reportedly planning to step up chip production capacity at its largest semiconductor fabrication plant next year, South Korean media reported Sunday. Samsung’s plan to increase chip production …
Rainmaking technology startup Rainwater Tech to go public via SPAC merger
Rainfall-boosting technology startup Rain Enhancement Technologies Inc., which does business as Rainwater Tech, said today it will go public early next year via a merger with special-purpose acquisition company dMY Technology Group VI. Upon completion of the merger, Rainwater Tech will be …
Data science and analytics startup Tredence raises $175M to solve AI’s last-mile problem
Data science and artificial intelligence solutions startup Tredence Inc. said late today that it has closed on a bumper $175 million funding round led by Advent International. The company said it will use the funds from today’s Series B round to accelerate …
Report says Google is panicking over threat posed by OpenAI’s chatbot
Google LLC is reportedly in panic mode over the potential threat posed by OpenAI Inc.’s ChatGPT model to its dominance of internet search. The company is responding by massively expanding efforts to close the technological gap between its own artificial intelligence capabilities …
Supermicro targets cloud-native workloads with new Arm-based Mt. Hamilton servers
Super Micro Computer Inc. today announced an expanded lineup of Arm-based servers powered by Ampere Computing LLC’s latest Altra and Ampere Altra Max processors. The new Mt. Hamilton servers announced today are the latest addition to Supermicro’s MegaDC server family. They leverage a …