Mike Wheatley
Latest from Mike Wheatley
Splunk bolsters its big-data platforms with new security and observability tools
Big-data analytics company Splunk Inc. announced some major updates to the cloud-based and self-managed versions of its data platforms today. With the updated Splunk Cloud Platform and general availability of Splunk Enterprise 9.0, customers gain access to greater visibility that enables them to reduce costs, as well as new tools that enable deeper investigative analysis ...
Strong cloud growth powers another earnings beat for Oracle, sending stock higher
Oracle Corp.’s fiscal fourth-quarter earnings results elicited enthusiasm from Wall Street after it delivered profit and revenue that came in ahead of expectations, primarily thanks to its strong cloud growth. The database firm delivered a sharp increase in cloud license and on-premises license revenue, plus moderate gains in its cloud services and license support revenue, ...
Google suspends researcher who claims one of its AI systems is now sentient
Google LLC has suspended an artificial intelligence engineer after he made claims that one of its AI chatbots has become “sentient” and deserving of rights normally afforded to humans. Blake Lemoine (pictured) reportedly informed the company of his belief that its Language Model for Dialogue Applications, known as LaMDA, has become a person who has ...
Report: Global chip shortage could expand to include more advanced processors
The global shortage of computer chips that has stricken the world for the past two years could soon spread to more advanced silicon that’s used to power next-generation smartphones and data center workloads. The two-year chip drought has until now only really affected low-end chips, but that could change as semiconductor manufacturers suffer production problems ...
AMD unveils roadmap for next-gen Ryzen chips and Zen 5 architecture
Computer chipmaker Advanced Micro Devices Inc. used its Financial Analyst Day event today to lay out the roadmap for its next-generation desktop, laptop and mobile silicon. The roadmap revealed some key details about the upcoming Ryzen 7000 processors, which will be used to power desktops and workstations. Alhough the company didn’t provide any hard numbers ...
Despite revenue beat, DocuSign’s losses grow and its stock price plunges
Shares of DocuSign Inc. crashed in extended trading today after the company missed expectations on earnings and its losses widened from a year ago. The company reported a net loss in the first quarter of $27.4 million, down from a loss of $8.3 million in the same period last year. Earnings before certain costs such ...
HYCU raises $53M to grow its multicloud data backup and recovery offering
Cloud-based data backup and recovery-as-a-service provider HYCU Inc. today announced a second dose of venture capital funding, just 15 months after closing on its previous round of financing. The company said it has closed on a $53 million Series B round led by Acrew Capital, with participation from all of the investors in its Series ...
Amazon’s mainframe killer helps banks redo legacy apps for the cloud
Amazon Web Services Inc. today announced the general availability of a key new service that offers businesses a simple way to migrate their mainframe workloads to the cloud. AWS Mainframe Modernization, announced in preview at last year’s AWS re:Invent, provides customers with two options for migrating mainframe workloads. First, they can refactor their applications, usually written ...
Couchbase’s stock rises after database firm beats earnings forecasts
The popular enterprise database firm Couchbase Inc. kicked off fiscal 2023 with solid first-quarter financial results that beat expectations on earnings and revenue. Its guidance for the next quarter was higher too, sending its stock up in extended trading. The company reported a net loss from operations of $19 million in the quarter, bigger than ...
PayPal now allows crypto transfers to third-party wallets
PayPal Holdings Inc. has announced expanded cryptocurrency features, enabling users to send and receive funds to and from other wallets. Prior to today’s announcement, PayPal already allowed users to buy and sell bitcoin, Ethereum, Bitcoin Cash and Litecoin from within its app, and also use crypto to pay at checkout for many goods and services. ...