Mike Wheatley
Latest from Mike Wheatley
Abacus.AI gets $50M in funding and dives into computer vision and hybrid AI models
Machine learning operations startup Abacus.AI Inc. is in the news today after raising $50 million in a new round of funding and launching platform updates that include support for hybrid deep learning models and a new computer vision-as-a-service offering. The Series C funding round was co-led by Tiger Global, Coatue, Index Ventures and Alkeon Ventures ...
Network automation provider Gluware gets $43M in growth funding
Network automation firm Gluware Inc. has filled up its war chest, securing $43 million in growth funding today led by Bain Capital, with participation from Acadia Woods Partners and existing investors. Gluware has created what it calls an “intelligent network automation” platform that helps information technology teams manage network infrastructure through a single console. It serves ...
Juniper Networks reports earnings results in line with expectations and its stock rises
Juniper Networks Inc. made surprising gains today, its stock up almost 5% in extended trading despite reporting third-quarter financial results only in line with analysts’ expectations. The company reported a profit before certain costs such as stock compensation of 46 cents per share on revenue $1.18 billion for the quarter, up 4% from the same period ...
AMD beats earnings expectations on strong data center chip sales
Computer chipmaker Advanced Micro Devices Inc. delivered another strong quarter with earnings and revenue topping expectations today, plus a forecast that came in above expectations too and a higher full-year revenue outlook. The company reported a third-quarter profit before certain costs such as stock compensation of 73 cents per share on revenue of $4.3 billion, up 54% ...
With strong cloud sales, Microsoft comfortably beats earnings targets
Microsoft Corp. delivered strong fiscal first-quarter earnings results Tuesday that exceeded expectations, with solid revenue growth across virtually all of its product lines, sending its stock up almost 5% on Wednesday. The company reported a profit before certain costs such as stock compensation of $2.27 per share on revenue of $45.3 billion, up 22% from the ...
InfluxDB updates aimed at making it easier to build time-series database apps
InfluxData Inc. announced some useful updates today that should help developers to build applications powered by the InfluxDB database more easily. The open-source InfluxDB is a time-series database that’s optimized for information processed chronologically, hence the name. Certain kinds of data need to be arranged in the exact order created. For example, the heat readings ...
Public cloud security startup Sonrai Security raises $50M in new funding
Public cloud security startup Sonrai Security Inc. said today it has closed on a new $50 million funding round, bringing its total amount raised to $88 million. The Series C round was led by the venture arm of cybersecurity platform provider Istari Global Ltd. and also saw participation from existing investors Menlo Ventures, Polaris Partners, ...
Cisco buys Kubernetes specialist replex to boost AppDynamics’ observability skills
Cisco Systems Inc. is making another “acquihire” to strengthen its AppDynamics application monitoring platform, snapping up Germany-based startup replex GmbH for an undisclosed price today. The acquisition is designed to help AppDynamics “grow its product and engineering talent,” according to Linda Tong, general manager of AppDynamics, who announced the news in a blog post. Ultimately, ...
ANALYSIS
Supply problems take a bite out of Intel’s PC chip business and its stock falls hard
Semiconductor giant Intel Corp. saw its stock dive in after-hours trading today after its third-quarter sales fell short of Wall Street’s targets. The company blamed component shortages that hampered its all-important personal computer business. Intel also warned investors its gross margin and free cash flow is likely to decline to a lower level over the next ...
Google beefs up Android Enterprise security and makes it easier to manage
Google LLC is updating its Android Enterprise program with a number of new features and capabilities today. Among them, it’s adding a superior way for identity providers to integrate authentication services an a new application programming interface for speedier updates. And it’s launching its first vulnerability reward program to improve the security of its Pixel ...
