Mike Wheatley
Latest from Mike Wheatley
Teradata’s stock jumps on strong cloud revenue growth
Teradata Inc.‘s stock shot up almost 15% in after-hours trading today after the big-data analytics firm posted fourth-quarter earnings and revenue that topped Wall Street’s expectations, followed by strong guidance for the coming quarter. The company reported a profit before certain costs such as stock compensation of 38 cents per share on revenue of $491 million. ...
New Relic’s stock tanks again as guidance comes up short
Observability platform provider New Relic Inc. saw its stock sink lower in after-hours trading today after posting guidance for the new quarter that came up short. The company reported a third quarter loss before certain costs such as stock compensation of 14 cents per share on revenue of $166 million, up 9% from a year ...
Google signs new cloud deals with Twitter and BNY Mellon
Google LLC announced two major new customers for its public cloud infrastructure business today, signing multiyear deals with Twitter Inc. and The Bank of New York Mellon Corp. Under the deal with Twitter, the social media giant move its offline analytics, data processing and machine learning workloads to Google’s cloud, deepening an existing partnership that ...
Lightstep delivers on the promise of AIOps with Change Intelligence platform
Lightstep Inc., a software application observability startup founded by two former Google LLC engineers, said today it’s launching a new performance monitoring platform called “Change Intelligence” aimed at helping DevOps teams understand the state of their applications and systems in real-time. Lightstep’s Change Intelligence platform works by automating the process of investigating any changes made ...
VMware’s Cloud Foundation gets support for persistent data storage
Virtualization software giant VMware Inc. today updated its popular VMware Cloud Foundation offering with new improvements centered on storage, networking and management for virtual machine- and container-based applications. VMware Cloud Foundation is the company’s hybrid cloud platform for managing VMs and orchestrating software containers, which are used to host the components of modern, agile applications. It’s an ...
Qualcomm enjoys massive earnings growth but misses revenue forecast
Smartphone chip company Qualcomm Inc.’s first-quarter financial results came in a bit mixed today, with profit just beating expectations and revenue falling short. Despite strong guidance for the next quarter, the company’s stock fell after-hours. The company reported a profit before certain costs such as stock compensation of $2.17 per share on revenue of $8.235 billion, up ...
Serverless data-sharing startup Vendia raises $15.5M in new funding
Serverless data-sharing platform startup Vendia Inc. said today it has secured $15.5 million in a new early-stage round of financing, just six months after it launched with $5.1 million in seed funding. Canvas Ventures led the Series A round with participation from BMW Capital, Sorenson Capital and several of the investors from the initial seed ...
Evinced raises $17M in Series A funding to automate web accessibility
Evinced Inc., a startup that has built tools designed to make websites and software applications more accessible to people with disabilities, said today it has raised $17 million in an early-stage round of funding. Microsoft Corp.’s venture fund M12 co-led the Series A round with BGV and Capital One Ventures. Engineering Capital, a seed investor ...
Data center optimization startup Granulate raises $30M round
Real-time computing workload optimization startup Granulate Cloud Solutions Ltd. said today it has closed a $30 million round of funding that brings its total amount raised to $45 million to date. Red Dot Capital Partners led the Series B round, together with existing investors Insight Partners, TLV Partners, and Hetz Ventures, plus new investor Dawn ...
Ubuntu Core 20 release beefs up security for IoT and edge devices
Ubuntu operating system developer Canonical Ltd. today announced that Ubuntu Core 20, its containerized OS for “internet of things” devices and embedded systems, is now generally available. The company said Ubuntu Core 20 is a “major release” that brings it in line with the Ubuntu 20.04 release that debuted in 2020. The main updates are centered on ...