Mike Wheatley
Latest from Mike Wheatley
IDC study reveals wide-ranging COVID-19 impact on tech spending
A new study commissioned by Google LLC on how the coronavirus pandemic will affect information technology budgets has found that 60% of enterprises surveyed expect either no change or to increase their spending this year. The remaining 40% in the survey carried out by International Data Corp. said they anticipate reduced spending due to COVID-19. ...
Pentagon asks for more time to consider JEDI contract reevaluation
The U.S. Department of Defense has requested a 30-day extension before it makes a final decision about its $10 billion Joint Enterprise Defense Infrastructure project. The JEDI project entails building cloud computing infrastructure for the Pentagon that will link together its various military systems under a single, unified architecture. The DOD says JEDI will also ...
Researchers deploy Nvidia’s latest AI systems to battle COVID-19
Researchers at Massachusetts General Hospital’s Athinoula A. Martinos Center for Biomedical Imaging described today how they’re using Nvidia Corp.’s latest artificial intelligence systems to aid their fight against COVID-19. The researchers are using AI to create new models that can segment and align multiple chest X-ray scan images, allowing them to get a better understanding ...
Huawei is running out of chips for its high-end smartphones
Huawei Technologies Co. Ltd. said today it’s facing a critical shortage of smartphone chips as a result of U.S. sanctions and will have to stop making new devices by mid-September if it doesn’t gain access to American suppliers. The company, which is one of the world’s leading manufacturers of smartphones and telecommunications equipment, is at the ...
Investors sell off Datadog despite strong earnings results
Shares in the data monitoring and analytics firm Datadog Inc. crumbled before recovering some ground in after-hours trading today after it said some of its customers are facing “business pressures” from the coronavirus pandemic. That statement came as Datadog delivered strong second-quarter results that beat Wall Street’s forecasts. It reportea profit before certain costs such as ...
Dropbox beats earnings targets as its CFO makes for the exit
Cloud storage services provider Dropbox Inc. delivered another strong quarterly performance thanks to rising demand for its software amid the coronavirus-related shift to working from home. The company also announced that its longtime Chief Financial Officer Ajay Vashee will leave next month. News of his departure sent its stock tumbling in extended trading. Dropbox reported a ...
Fortinet reports strong earnings and debuts a new firewall product
Cybersecurity company Fortinet Inc. delivered second-quarter results today that came in above expectations, but the strong performance wasn’t enough to prevent its stock falling in after-hours trading. The company, which sells tools that simplify operations for organizations with a large number of breach prevention systems, reported a profit before certain costs such as stock compensation of 68 cents ...
Moderna partners with AWS as it races to develop COVID-19 vaccine
Biotech firm Moderna Inc. said today it has selected Amazon Web Services Inc. as its “preferred” cloud computing provider. Under the partnership, Moderna said, it will use Amazon’s cloud platform as its standard for data analytics and machine learning workloads. Moderna is one of many pharmaceutical giants that are racing to develop a vaccine for COVID-19. ...
IPO flop: Rackspace stock loses 20% on first day of trading
Cloud services company Rackspace Technology Inc. re-entered the public markets today and saw its stock fall 20% on its first day of trading. Still, it raised $704 million following an initial public offering that was priced at the bottom of its marketed range. The company, which sells cloud management services to enterprises, went private in 2016 ...
Taking on Google’s Istio, Microsoft debuts Open Service Mesh
Microsoft Corp. said today it has created a new open-source service mesh based on the Envoy proxy server, and that it’s planning to hand over control of the project to the Cloud Native Computing Foundation in a few weeks’ time. The Open Service Mesh is designed to help companies deal with the complexity of managing ...