Mike Wheatley
Latest from Mike Wheatley
Google LLC said today it’s adding a new augmented reality-powered capability to Live View in Maps that will make it possible to visually search for restaurants, coffee shops and other businesses in the immediate vicinity. The expanded Live View feature is part …
Amazon CEO Andy Jassy says layoffs have already begun, and will extend into next year
Amazon.com Inc. Chief Executive Andy Jassy today for the first time publicly addressed reports that the company is poised to cut more than 10,000 workers in a series of layoffs — and said they could stretch into the new year. News of …
Astera Labs raises $150M to boost connectivity for intelligent systems
Semiconductor design firm Astera Labs Inc. claims to have hit a number of key milestones after closing on a bumper $150 million late-stage round of funding today that brings its valuation to $3.15 billion. Today’s Series D round was led by Fidelity …
Dell to pay $1B to settle lawsuit over controversial 2018 stock swap deal
Personal computer and technology infrastructure giant Dell Technologies Inc. said Wednesday that it has agreed to pay a $1 billion settlement over a lawsuit that accused it of shortchanging some shareholders when it returned to the public markets in 2018. Plaintiffs had …
Strong data center chip sales help keep Nvidia’s head above water
Shares of the computer graphics chip giant Nvidia Corp. gained slightly in after-hours trading, despite its revenue guidance for the coming quarter falling just shy of analysts’ expectations. The chipmaker delivered mixed results in its third-quarter report. Earnings before certain costs such …
Cisco’s stock rises after networking giant reveals strong earnings, restructuring plan
Shares of Cisco Systems Inc. traded higher in extended trading today thanks to better-than-expected earnings and revenue during the company’s fiscal first quarter as well as full-year guidance. Cisco reported quarterly earnings before certain costs such as stock compensation of 86 cents per share …
Secrets management-as-a-service startup Akeyless raises $65M
Akeyless Security Ltd., a software-as-a-service-based secrets management startup for DevOps and information technology workloads, said today it has closed on $65 million in new funding. The Series B round was led by NGP Capital and brings Akeyless’s total amount raised to date …
AMD announces its reprogrammable Versal AI chips are ready for space-based deployments
Artificial intelligence inference is about to become a lot more viable for makers of commercial space satellites thanks to Advanced Micro Devices Inc., which said today the latest version of its reprogrammable Versal system-on-a-chip is ready for takeoff. More specifically, the company …
AI-powered video and audio editing app Descript raises $50M
Audio and video editing platform Descript Inc. said today it has closed on a $50 million round of funding led by the OpenAI Startup Fund, which was created by OpenAI Inc. and its partners, including Microsoft Corp. Andreessen Horowitz, Redpoint Ventures, Spark …
SAP launches low-code app development tools for business users
Enterprise software firm SAP SE is aiming to make life easier for business professionals with the launch of a new, low-code tool that should help them to become citizen developers. SAP is hoping business users might want to build their own business-focused …