Mike Wheatley
Latest from Mike Wheatley
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 …
TigerGraph Cloud gets interactive insights and advanced machine learning development tools
TigerGraph Inc. today updated TigerGraph Cloud, its fully managed graph database service, with new capabilities that will enable users to extract more insights from their business data and accelerate the development of machine learning applications. The company is a well-funded database startup that …
Distributed file system startup WekaIO closes on bumper $135M funding round
Big-data platform provider WekaIO Inc. said today it has closed on a hefty $135 million late-stage funding round led by Generation Investment Management, doubling its valuation in the process. A host of other investors participated in the oversubscribed Series D round. They …
Google Cloud joins forces with multiple healthcare partners to boost data access and improve outcomes
Google Cloud announced today at this year’s HLTH 2022 event that it’s working with organizations across the healthcare sector to help them transform their technology stacks into an open and collaborative ecosystem that it says can significantly improve patient outcomes. In a …