Mike Wheatley
Latest from Mike Wheatley
Zuora’s newest product enables real-time revenue reconciliation
Cloud subscription software company Zuora Inc. is betting on the need for real-time revenue management with its latest offering. The Real-Time Revenue product for Zuora Revenue announced today enables businesses an automatic way to recognize, then reconcile and analyze their incoming revenue with high accuracy. As a result, companies can close the books on a ...
Dell debuts new validated systems for high-performance computer-aided design
Dell Technologies Inc. is revving up its computer-aided engineering and design offerings to help customers tackle modeling- and simulation-intensive computing workloads. Today’s offerings include new and updated Validated Designs for Manufacturing that have already been put to use by the Formula One racing team McLaren Racing Ltd., as well as more accelerator options for Dell ...
Fortanix’s latest offering makes highly sensitive data available for AI model training
Startup Fortanix Inc. has announced the first full-fledged service on its confidential computing platform, giving companies an easier way to improve the quality and accuracy of artificial intelligence models and keep them secure. Fortanix Confidential AI helps companies and organizations in privacy-sensitive industries such as financial services and healthcare to safely use private data to ...
Rackspace racks up solid earnings results and its stock rises
Rackspace Technology Inc. beat expectations as it delivered its third-quarter financial results today and offered guidance for the next period that was in line with forecasts. Third-quarter bookings fell year-over-year, though executives said the cloud services firm had landed a large, competitive deal early in the fourth quarter that promises to make up for it. ...
Nvidia-powered supercomputers advance COVID drug discovery and atomic simulations
Supercomputers built using Nvidia Corp.’s most advanced platforms are leading the fight against the coronavirus pandemic, helping researchers gain more insights into the nature of the SARS-CoV-2 virus and creating new artificial intelligence models to accelerate drug discovery. Nvidia revealed today how a team led by Arvind Ramanathan, a computational biologist at the Argonne National ...
Genesys and Google Cloud partner to deliver next-generation contact center experiences
Contact center software firm Genesys Telecommunications Laboratories Inc. is bringing its suite of customer experience and call center technology to Google Cloud. The company said today its Genesys Multicloud CX platform will soon be available on Google Cloud as a private deployment option. The Genesys Multicloud CX Private Edition is expected to launch within the ...
Autonomous truck software firm Embark Trucks goes public via SPAC merger but stock falls
Autonomous trucking firm Embark Trucks Inc. began trading on the Nasdaq exchange today after completing its merger with a special-purpose acquisition company. The company, which is trading under the ticker symbol “EMBK,” is valued at $5 billion and raised more than $600 million in proceeds from the sale. Early investors redeemed nearly 30 million shares, ...
Google revives ‘Google Labs’, but not as we know it
Google LLC has revived its “Labs” organization, at least unofficially, with the creation of a new group that’s meant to oversee what the company considers to be “high-potential, long-term projects” such as its augmented reality, virtual reality and Area 120 efforts. The Labs at Google initiative signifies a renewed commitment to innovation and technological advancement. The ...
Expensify’s stock pops, rising 47% on strong public debut
Expense management platform Expensify Inc. enjoyed a strong public debut today, its stock rising almost 47% to value the company at about $3.87 billion and adding its name to a growing list of tech firms cashing in on the market’s appetite for tech startups. The company’s shares opened at $39.75 after it sold 9.73 million ...
Ambitious enterprise automation firm Workato nets $200M in late-stage funding
Enterprise automation company Workato Inc. today announced its second big raise of the year, closing on a $200 million round of funding that brings its total amount of capital raised to $420 million. Battery Ventures led the Series E round with equal participation from Insight Partners, Altimeter Capital and Tiger Global. Others, including Geodesic Capital ...