Mike Wheatley
Latest from Mike Wheatley
After record IPO, Snowflake’s shares more than double for a valuation of $70B
Snowflake Computing Inc. jumped into the public market Wednesday with an initial public offering, watching shares more than double in value, to $245 a share, in their initial trading on the New York Stock Exchange. The first-day pop of more than 104%, while leaving a lot of money on the table that the company could ...
Google partners with Lenovo on videoconferencing hardware
Google LLC is doubling down on videoconferencing with the launch of its new Google Meet Series One hardware in partnership with Lenovo Group Ltd. The Google Meet Series One room kits (pictured) are designed for companies that have embraced the idea of having more flexible, distributed teams in light of the coronavirus pandemic. Those teams ...
Dell integrates VxRail with VMware Tanzu for faster on-premises Kubernetes deployments
Dell Technologies Inc. said today it’s integrating its Dell EMC VxRail hyperconverged infrastructure appliance with VMware Inc.’s Tanzu software. The company said that means Dell EMC VxRail is the first appliance to offer a fully integrated Tanzu portfolio with reference architecture, cluster and private cloud offerings. VMware Tanzu is a suite of tools released earlier this ...
Contact center startup Observe.ai raises $54M in new round of funding
Call center software startup Observe.AI said today it has closed on a sizable $54 million round of funding that brings its total amount raised to $88 million. Menlo Ventures led the Series B round, with participation from Next47 Ventures and NGP Capital. While companies like Google LLC are busy using artificial intelligence to try to ...
Oracle unveils new cloud security tools to guard against human error
Oracle Corp. made two cloud security tools generally available today that are designed to help reduce the risk of data breaches caused by human error. The new services, Oracle Cloud Guard and Maximum Security Zones, are meant to help make cloud security management easier. They align with the company’s ambition of automating many of its ...
Huawei says HarmonyOS will come to smartphones in 2021
China’s leading smartphone maker Huawei Technologies Co. Ltd. launched a new version of its HarmonyOS operating system today, saying it will bring the software to a range of devices, including smartphones. Richard Yu, chief executive of Huawei’s consumer business, made the announcement at Huawei’s annual developer conference in Shenzhen, China. He said a beta test ...
Oracle’s stock jumps on strong growth in cloud applications and infrastructure
Oracle Corp. delivered its fiscal first-quarter results today, beating expectations on profit and revenue thanks to several important customer wins and solid growth in its cloud applications and infrastructure businesses. The database giant reported a profit before certain costs such as stock compensation of 93 cents per share on revenue of $9.37 billion, up 2% from a ...
Cloud security firm Zscaler tops fourth-quarter expectations
As cloud-based information security company Zscaler Inc. wrapped up its fiscal year today, it topped expectations on earnings and revenue with its fourth-quarter results. The company reported a profit before certain costs of 5 cents per share on revenue of $125.9 million, up 46% from a year ago. Wall Street had expected earnings of 3 cents ...
Former NSA chief Keith Alexander joins Amazon’s board
Amazon.com Inc. said today in a filing that a former National Security Agency director, General Keith Alexander, has been named to its board of directors. Alexander (pictured) is a four-star Army general who brings considerable cybersecurity and national security expertise to Amazon, having also served as commander of the U.S. Cyber Command, which defends the country ...
Cynet adds Incident Engine and human help to its autonomous endpoint protection platform
Cybersecurity startup Cynet Security Ltd. said today it’s adding some new capabilities to its autonomous endpoint protection platform that it says will not only improve threat detection accuracy but also help users to mitigate such threats more easily. Cynet sells an artificial intelligence-powered autonomous endpoint protection platform that’s meant to help bring breach protection within ...