Mike Wheatley
Latest from Mike Wheatley
Juniper Network’s stock falls as it warns of elevated supply costs
Shares of the computer networking gear supplier Juniper Networks Inc. slipped more than 5% today after the company warned investors it faces “elevated costs” this year resulting from ongoing supply chain challenges. The warning came after a mixed report that saw Juniper miss expectations on earnings. The company reported first-quarter earnings before certain costs such ...
Bell partners with AWS on 5G multi-access edge computing for Canadian businesses
Canadian telecommunications provider BCE Inc., better known as Bell Canada, said today it’s partnering with Amazon Web Services Inc. to bring lower-latency connectivity to its 5G network. Bell said it’s launching the first public multi-access edge computing platform with AWS Wavelength in Canada. It added that it’s working with Amazon to deploy multiple AWS Wavelength ...
Rebranding as Upside, cash-back app GetUpside closes $165M in funding
Cash-back application provider Upside Services Inc. is flush with cash of its own today after raising $165 million in a late-stage round of funding that brings its valuation to a cool $1.5 billion. The Series D raise consisted of $65 million in equity financing and $100 million in debt financing from General Catalyst, with participation ...
Qualified.com raises $95M to transform corporate websites into a sales generation tool
Salesforce pipeline generation platform provider Qualified.com Inc. said today it has closed on a hefty $95 million round of funding, bringing its total amount raised to date to $163 million. The Series C round was led by Sapphire with significant participation from Tiger Global. The likes of Norwest Venture Partners, Redpoint Ventures and Salesforce Ventures ...
Bug bounty platform Intigriti raises $23M to empower ethical hackers
Belgium-based bug bounty and vulnerability disclosure platform Intigriti NV said today it has raised €21.1 million ($23 million) in a new round of funding. The Series B round, which was led by Octopus Ventures with participation from EnBW New Ventures and ETF Partners, is said to be the largest raise to date for a European ...
Pentagon hires Lyft machine learning expert Craig Martell as its first chief digital and AI officer
The Department of Defense today announced that the Pentagon has hired Lyft Inc. head of machine learning Craig Martell as its first-ever chief digital and artificial intelligence officer. Martell will head up the DOD’s Chief Digital and AI Office, which was created in December in order to centralize oversight of its data and AI initiatives ...
Akamai launches managed database offering for MySQL, PostgreSQL, Redis and MongoDB
Akamai Technologies Inc. is accelerating its evolution to support developers with the launch today of a new managed database service powered by Linode. The new offering supports MySQL, PostgreSQL, Redis, and MongoDB databases and is designed to simplify database deployment and management for developers, helping them to reduce risk, increase efficiency and minimize complexity, Akamai ...
EU’s Digital Services Act will force big tech firms to police the internet
Big tech firms such as Google LLC, Twitter Inc. and Facebook parent company Meta Platforms Inc. will be required to do more to tackle illegal content or face being slapped with multibillion-euro fines under new European Union rules agreed to Saturday. The Digital Services Act is a wide-ranging regulatory act that aims to make the ...
Kraft Heinz to work with Microsoft on digital twins and supply chain efficiencies
Food manufacturing firm Kraft Heinz Co. said today it is partnering with Microsoft Corp. with an eye to improving its supply chain visibility and day-to-day operations. Under the alliance, Kraft Heinz will adopt various cloud, artificial intelligence and digital twin technologies to advance its digital transformation strategy. The companies have signed a multiyear deal that will ...
Andreessen Horowitz creates crypto research lab to solve problems around Web3
The renowned venture capital firm Andreessen Horowitz is stepping up its already considerable bet on the blockchain business with the creation of its own dedicated crypto research team. In a blog post today, a16z partners Ali Yahya and Chris Dixon said a16z crypto research is a new kind of “multidisciplinary lab” that will work closely with its ...