Mike Wheatley
Latest from Mike Wheatley
Elon Musk says Apple rejected an offer to buy Tesla on the cheap
Elon Musk said today that Apple Inc. declined an offer to buy Tesla Inc. at a bargain-basement price during the company’s “darkest days.” Musk’s tweet, which came in response to reports that Apple is going ahead with its plans to launch an electronic, self-driving car by 2024, claimed that Apple Chief Executive Tim Cook was ...
Google blames last week’s outage on Google User ID Service error
Google LLC said today that a simple “zero” error was responsible for taking its global authentication system offline and preventing users from accessing Gmail, YouTube and its cloud services for more than an hour last week. The company said one day after the Dec. 14 outage that its preliminary analysis had found that the cause ...
Tech firms unite to combat the growing threat of ransomware
Microsoft Corp., Citrix Systems Inc. and McAfee Corp. are heading up a coalition of security firms, tech companies and nonprofits that aim to combine their expertise, resources and tools to combat the growing threat of ransomware attacks. The Ransomware Task Force, announced Monday by the Institute of Security and Technology, and aims to provide companies and organizations ...
Honeywell buys Sparta Systems for $1.3B to move into life sciences
Software industrial giant Honeywell Inc. said today it’s buying life sciences software company Sparta Systems Inc. for $1.3 billion in order to expand the reach of its Honeywell Forge platform. With annual revenue of more than $36 billion, Honeywell manufactures industrial equipment and related products primarily for the aerospace industry. The Honeywell Forge platform is ...
Cisco buys Dashbase to brings logs and events analytics to AppDynamics
Cisco Systems Inc. announced today it will acquire events and logs analytics startup Dashbase Inc. for an undisclosed sum. Dashbase, whose software is used by enterprises to pull in log data from various real-time communications environments, will help bolster Cisco’s AppDynamics platform. AppDynamics is an application monitoring platform that has become central to Cisco’s push in ...
VergeSense raises $12M to help companies create safer and more productive offices
Workplace analytics provider VergeSense Inc. said today it has closed on a $12 million round of funding as it bids to help companies get back to work during the COVID-19 pandemic. Tola Capital led the Series B round, which brings VergeSense’s total funding to $22.6 million, following previous investments by JLL Spark, Allegion Ventures, MetaProp, ...
Verizon teams up with Deloitte on 5G mobile edge infrastructure
Verizon Communications Inc. subsidiary Verizon Business said today it’s teaming up with the professional services consultancy Deloitte Touche Tohmatsu Ltd. to offer 5G and mobile edge computing services to the manufacturing and retail industries. The plan is to combine Verizon’s mobile and private wireless networks and 5G Edge Multi-Access Edge Computing platform and its software-defined ...
SoftBank launches its first special-purpose acquisition company
As expected, SoftBank Group filed to launch a special-purpose acquisition company today, saying it plans to raise $525 million to invest in an unnamed technology company. The Japanese investment giant, which is known for backing promising technology startups, said the new company is called SVF Investment. Rajeev Misra, who leads SoftBank’s investment unit and its ...
Report: Apple aims to get its self-driving car on the road by 2024
Apple Inc. is aiming to produce an electric car by 2024 and it may feature a “breakthrough” battery design that makes it cheaper to run and gives it longer range that existing vehicles of its type. That’s according to an exclusive report in Reuters today, which said Apple is secretly developing a lithium iron phosphate ...
Mimik and IBM team up to make edge computing resources more accessible
Edge computing startup mimik Technology Inc. is collaborating with IBM Corp. to create edge-based computing resources that it says will help to accelerate automation and digital transformation in healthcare, manufacturing, retail and other industries. In its pitch announced today, mimik said the growth of trends such as the “internet of things” and 5G has resulted ...