Mike Wheatley
Latest from Mike Wheatley
Snowflake sets IPO price range, gets backing from Berkshire Hathaway and Salesforce
Cloud data warehouse company Snowflake Computing Inc.’s plans to list on the public stock market at a valuation of as much as $24 billion just got a big vote of confidence: Both Berkshire Hathaway Inc. and Salesforce.com Inc. agreed to purchase $250 million of the company’s stock at its IPO price in a concurrent private ...
Segment debuts its cloud data lake for customer data
Customer data management platform provider Segment Inc. today announced it’s launching a new data lake product that it says will enable businesses to do more with their customer data. Segment sells a namesake customer data platform that companies can use to collect all the data about their own customer interactions and from there send that ...
Google expands Confidential Computing to Kubernetes workloads
Google LLC said today during its Cloud Next OnAir event wrapping up this week that it’s expanding its new Confidential Computing portfolio with the launch of a new service. Confidential GKE Nodes adds more privacy to workloads running on Kubernetes. Google launched the first product in its Confidential Computing portfolio, called Confidential VMs, in July, and said ...
Report: US threatens to sanction Chinese chipmaker SMIC
The U.S. Department of Defense is reportedly considering banning exports to China’s largest computer chip maker, Semiconductor Manufacturing International Corp., in the latest escalation of an ongoing trade war between the two countries. SMIC’s shares fell almost 23% in Hong Kong on Monday, wiping about 31 billion Hong Kong dollars ($4 billion) off of its ...
Cisco and ServiceNow collaborate on workplace contact tracing
Cisco Systems Inc. and ServiceNow Inc. are working together to help customers looking to get back to work improve their contact tracing efforts. The plan is to integrate Cisco’s indoor location services platform, called DNA Spaces, with ServiceNow’s Safe Workplace Suite, which includes a new contact tracing application. Contact tracing is seen as one of ...
DocuSign’s revenue jumps 45% as COVID-19 boosts demand for services, but stock dives
E-signature company DocuSign Inc. posted its fiscal second-quarter results today, easily beating Wall Street’s expectations, but the strong performance wasn’t enough to prevent its stock diving in after-hours trading. The company is one of several tech firms to have seen demand for its services rise thanks to the coronavirus outbreak, though a broad market selloff ...
Zuora’s stock falls 20% on weak earnings guidance
Cloud subscription management services company Zuora Inc.’s stock lost almost a fifth of its value in after-hours trading after a weak earnings forecast today despite posting fiscal second-quarter results that beat expectations. The company, which sells a software-as-a-service offering that’s used to automate businesses’ subscription order-to-cash operations in real-time, reported it broke even on revenue of ...
Cloudera beats expectations as it taps into hybrid, multicloud markets
Big-data company Cloudera Inc. posted fiscal second-quarter results today that beat Wall Street’s expectations, but the strong performance wasn’t enough to prevent its stock falling slightly in after-hours trading. The company, which sells data engineering, data warehousing, machine learning and analytics software to enterprises, reported a profit before certain costs such as stock compensation of 10 ...
MongoDB beats quarterly expectations with strong revenue growth
Database company MongoDB Inc. did much better than anticipated today as it reported its fiscal second-quarter results, beating expectations on profit and revenue and driving the company’s stock up 5% in after-hours trading. The company, which sells an open-source, document-orientated database that’s used by enterprises to power big-data applications and other intensive workloads, reported a ...
TiKV graduates from the CNCF, enabling persistent storage for container applications
TiKV is now the latest project to graduate from the Cloud Native Computing Foundation, an initiative that’s meant to help advance Kubernetes and other container technologies. TiKV is an open-source distributed transactional key-value database that’s optimized for stateful applications running in software containers, which are used to host the components of modern apps that can run in ...