Mike Wheatley
Latest from Mike Wheatley
Shares of the cloud communications firm Twilio Inc. nosedived in extended trading today after it issued a soft earnings and revenue outlook for the coming quarter. The company did OK in the quarter just gone, reporting a third-quarter loss before certain costs …
Dropbox delivers on earnings and revenue targets with slow and steady growth
Dropbox Inc. delivered strong third-quarter financial results today, beating Wall Street’s forecasts on earnings and revenue and offering guidance above expectations. The file-sharing company reported earnings before certain costs such as stock compensation of 43 cents per share, with revenue coming to …
Port raises $7M to abstract away cumbersome DevOps processes
Getport.io Ltd., the creator of a comprehensive developer portal for DevOps, said today it has closed on a $7 million seed funding round. TLV Partners led the investment, which included participation from Jfrog Ltd. founder and Chief Executive Yoav Landman, as well …
Confluent’s stock rises on solid earnings beat and impressive cloud revenue growth
Big-data company Confluent Inc.’s stock made sharp gains in extended trading today after it posted third-quarter earnings and revenue that beat expectations. It also offered strong guidance for the next quarter. The company reported a loss before certain costs such as stock …
DevOps company JFrog grows at a healthy clip but investors aren’t impressed
DevOps company JFrog Ltd.’s stock was unable to make up for its losses earlier today as the overall market swooned, despite posting third-quarter financial results and guidance for the fourth quarter that was in line with Wall Street’s expectations. JFrog’s stock fell …
Qualcomm warns first-quarter revenues will come up light, sending its stock down
Smartphone chip manufacturer Qualcomm Inc.’s stock declined in after-hours trading today after it issued a poor outlook and warned that it must clear around two months of inventory within its core business. The forecast came after the company posted its fiscal fourth-quarter …
Twilio doubles down on customer engagement through more personalized experiences
Cloud communications firm Twilio Inc. today announced a host of updates to its customer engagement platform that it said are aimed at helping businesses to establish more profitable, long-term and direct relationships with their customers. Twilio is best known for its cloud …
Deloitte and AWS team up to deliver digital banking services from the cloud
The information technology consulting giant Deloitte Touche LLC said today it’s partnering with Amazon Web Services Inc. to build a cloud-based offering that can help organizations to launch modern digital banking services and modernize their existing financial technology stacks. With the planned …
Climate tech startup AiDash gets $10M funding from Schneider Electric
Artificial intelligence-powered disaster management startup AiDash Inc. today announced a $10 million strategic investment from SE Ventures, a global venture fund backed by the multinational energy management firm Schneider Electric SE. AiDash is the creator of a powerful Disaster and Disruption Management …
Intel’s Sapphire Rapids server chips face yet more delays, with AMD set to benefit
Intel Corp. today confirmed that an initial launch event for its long awaited Xeon Scalable central processing units will take place in January, but it’s still not clear when the chips will become commercially available. Intel’s announcement came in the wake of …