Mike Wheatley
Latest from Mike Wheatley
Tencent distributes $16.4B worth of JD.com stock to its shareholders
Chinese technology giant Tencent Holdings Ltd. is offloading its stake in JD.com Inc., the country’s second-largest e-commerce company. Shenzhen-based Tencent will reportedly hand out the 460 million ordinary shares of JD.com worth a reported $16.4 billion to its own shareholders in March, cutting its stake in the firm from 17% to just 2.3%. In addition, ...
Report: Intel to build new chip fab sites in Germany, France and Italy
Intel Corp. has reportedly chosen to construct a new, multi-billion dollar chip fab in Germany, with supporting facilities to be built in France and Italy, as part of its plans to expand computer chip production in Europe. The chipmaker is said to be planning a cutting-edge manufacturing plant in Europe in part to help to ...
Intel’s latest oneAPI toolkits expand cross-architectural support for developers
Intel Corp. has given software developers an early Christmas present with the release of its oneAPI 2022 toolkits today. The new toolkits feature expanded cross-architecture features with several open-source software components. The oneAPI toolkits are meant to help developers experiment with different kinds of computer chips to optimize their application’s performance. With the toolkits, developers can ...
Business process automation firm Hyperscience raises $100M in late-stage round
Human-centered automation startup Hyperscience Inc. said today it has closed on a $100 million late-stage funding round that was led by existing investors Global Founders Capital, Tiger, Stripes and Bessemer. The Series E round of funding brings Hyperscience’s total amount raised to date to $388.9 million. The company was founded in 2014 and offers an ...
GPU-accelerated data analytics startup Brytlyt raises $5M
British data analytics and visualization technology startup Brytlyt Ltd. revealed today that it has closed on a $5 million round led by AlbionVC. Existing investors Amadeus Capital Partners and Finch Capital also participated in the Series A extension. Brytlyt was founded in 2013 and combines its artificial intelligence-based analytics software with graphics processing units to derive ...
AWS cloud suffers a third major outage this month
Amazon Web Services Inc.’s cloud computing operation suffered another outage Wednesday morning – its third this month – causing a huge number of online services to briefly shut down. AWS reported through its status page it had suffered a loss of power at a data center in Northern Virginia, leading to connectivity issues that began ...
Elon Musk’s Starlink sees average download speeds fall as more users join
Elon Musk’s satellite internet service Starlink has created lots of excitement around its potential to bring internet connectivity to some of the most remote parts of the world, but if it wants to be taken seriously at home in the U.S., it might want to take note of a recent drop in its average download ...
China Mobile plans Shanghai listing, seeking to raise $8.8B
The world’s largest mobile network operator, China Mobile Ltd., is planning to raise up to 56 billion yuan ($8.8 billion) through a listing on Shanghai’s stock exchange. The listing, which would be China’s biggest public offering in a decade, comes just over a year after the company was booted off the New York Stock Exchange, Reuters ...
Nvidia claims record-breaking BlueField-2 DPU performance tests
Nvidia Corp. is making some big claims about the performance of its specialized BlueField-2 data processing units, saying they offer more than four times faster input/output operations per second than any other currently available chip of its kind. That’s according to the results of Nvidia’s own benchmark tests. Published today, the findings show that a ...
Identity and access control startup PlainID raises $75M
Self-styled authorization management startup PlainID Inc. is feeling significantly more well off today after closing on a $75 million round of funding that brings its total amount raised to $100 million. The Series C round was led by Insight Partners, with participation from Itai Tsiddon, Viola Ventures and all other existing investors, the company said. ...