Mike Wheatley
Latest from Mike Wheatley
Dell partners with Snowflake to ease access to on-premises data
Dell Technologies Inc. said today it’s working with Snowflake Inc. on a new initiative to connect data from its on-premises storage portfolio with the Snowflake Data Cloud. Snowflake Data Cloud is a cloud-native platform that’s designed to eliminate the need for separate data warehouses and data lakes and to share data across entire organizations securely. ...
Dell announces expanded cyber recovery offerings for on-premises and cloud data
Dell Technologies Inc. said today it’s expanding its cybersecurity recovery options for companies across public clouds and their own data centers with a trio of new offerings that together will provide more control over how data is stored, controlled and protected. The new offerings, introduced at Dell Technologies World running this week in Las Vegas, ...
LinearB lands $50M to boost software developer efficiency through metrics and automation
Software developer intelligence platform LinearB Inc. said today it has closed on a new $50 million round of funding that brings its total amount raised to date to $71 million. The Series B round was led by Tribe Capital, which was joined by new investor Salesforce Ventures as well as existing backers Battery Ventures and ...
Western Digital’s stock makes gains on strong earnings and guidance
Data storage giant Western Digital Corp. reported strong third-quarter results today with earnings and revenue that topped expectations and strong guidance for the last quarter of its fiscal year. The company’s stock edged upward by about 1% after-hours, adding to a much stronger gain of 5% during the regular trading session. The company reported net income ...
Apple warns of possible $8 billion hit from supply constraints and its stock falls
Apple Inc. delivered strong financial results today that bucked investors’ concerns over a deteriorating macroeconomic environment that might hurt demand for high-end smartphones and other devices. Even so, the iPhone maker’s stock fell slightly in extended trading after a warning that it still faces multiple challenges. They include ongoing supply constraints related to COVID-19 that ...
Intel beats expectations but lower outlook sends its stock down 4% in late trading
Shares of the chipmaker Intel Corp. fell more than 4% in after-hours trading today after the company offered lower-than-expected guidance for its fiscal second quarter. The company reported first-quarter net income of $8.1 billion, with earnings before certain costs such as stock compensation coming to 87 cents per share. Revenue for the period came to ...
Deepset, creator of the open-source NLP framework Haystack, raises $14M
German artificial intelligence startup deepset GmbH stepped into the limelight today, closing on a $14 million early-stage round of funding led by GV and announcing the beta launch of deepset Cloud, an enterprise software-as-a-service platform for building “language aware” software. Today’s Series A round saw the participation of investors including Harpoon Ventures, System.One, Lunar Ventures ...
Hasura’s GraphQL Joins allows developers to fetch data from multiple databases and other sources via a single API
Hasura Inc., a startup that sells a commercial version of the open-source GraphQL data management language, announced new capabilities today that let developers instantly join data across different GraphQL services. Through the new features, developers can create a unified GraphQL application programming interface to join data instantly across different GraphQL services. Expanding on Hasura’s existing ...
Samsung delivers record quarterly revenue on strong memory chip demand
Strong demand for memory chips and smartphones helped Samsung Electronics Co. deliver its best first-quarter earnings results in four years. The company, which is the world’s largest memory chip and handset manufacturer, said today that its operating profit jumped by an impressive 51%, to 14.1 trillion won ($11.1 billion), beating analyst’ expectations of 13.2 trillion won. The ...
Qualcomm’s diversification strategy pays off as it crushes expectations on earnings
Qualcomm Inc.’s stock rallied in after-hours trading today after the company managed to dodge the impact of slowing smartphone sales resulting from COVID-19 lockdowns in China and reduced demand in Europe. In its fiscal second quarter, it posted record quarterly revenue and followed up with strong guidance for the next period too. The company reported earnings ...