Mike Wheatley
Latest from Mike Wheatley
AWS suspends free speech app Parler, forcing it to find a new web host – if it can
Amazon Web Services Inc. has told the popular social media app Parler that it will no longer be able to use its cloud services because of a lack of content moderation on its platform. Parler is an alternative to Twitter that’s popular with supporters of U.S. President Donald Trump, conspiracy theorists and right-wing extremists. Its ...
Samsung says its fourth-quarter profits will rise 26%
Samsung Electronics Co. Ltd. said early Friday morning in South Korea that its fourth-quarter operating profit is expected to rise by about 26%, fueled by what analysts say was a surge in sales of computer chips and display panels. The company reported operating income of 9 trillion won ($8.23 billion) in its preliminary fourth-quarter earnings ...
Micron easily beats first-quarter earnings expectations
Computer chipmaker Micron Technology Inc. posted strong fiscal first-quarter results today, showing revenue and profit that came in well ahead of expectations. The company reported a profit before certain costs such as stock compensation of 78 cents per share on revenue of $5.77 billion, easily beating Wall Street’s forecast of earnings of 68 cents per share ...
Red Hat buys Kubernetes security startup StackRox
Red Hat Inc. announced its first acquisition of the year today, saying it intends to acquire container and Kubernetes threat detection company StackRox Inc. Red Hat said it wants to integrate StackRox’s security tools with its OpenShift platform to make container workloads more secure. OpenShift is Red Hat’s version of the Kubernetes container orchestration software. ...
Cloud security provider Lacework raises massive $525M growth round
Cloud cybersecurity startup Lacework Inc. has lofty ambitions after landing a massive $525 million growth round of funding today that takes its valuation to more than $1 billion. Sutter Hill and Altimeter Capital led the Series D round, joined by D1 Capital Partners, Coatue, Dragoneer Investment Group, Liberty Ventures and Tiger Global Management. Snowflake Ventures, ...
Rock star chip designer Jim Keller joins Tenstorrent
Toronto startup Tenstorrent Inc. scored a major coup today with the news that legendary computer chip designer Jim Keller has signed on as its new president and chief technology officer. Keller (pictured) is widely regarded as a “rock star” chip designer who created breakthrough processors at a number of leading tech firms, including Advanced Micro Devices ...
Intel adds facial recognition tech to its RealSense portfolio
Intel Corp. today announced new facial recognition hardware and software that can be used in retail stores to facilitate payments or other settings to provide access to restricted areas. Introduced in 2014, Intel’s RealSense 3D cameras were originally designed for robots and other machines. They combine depth and tracking technologies to give drones, robots and ...
Unicorn sighting: Data analytics startup Dremio raises $135M in new funding
Self-service data analytics startup Dremio Corp. said today it has closed on a $135 million late-stage round of funding that values it at more than $1 billion. Sapphire Ventures led the Series D round, which brings Dremio’s total funding raised to $250 million. Existing investors Insight Partners, Lightspeed Venture Partners, Norwest Venture Partners, Redpoint Ventures ...
Sales engagement startup SalesLoft raises $100M in late-stage round
Sales engagement platform provider SalesLoft Inc. said today it has raised $100 million in a late-stage funding round that brings its total amount raised to $245 million and values it at more than $1.1 billion. Owl Rock Capital led the Series E round, which included participation from Insight Partners, HarbourVest, and Emergence Capital. SalesLoft is ...
Google hasn’t updated iOS apps since early December but plans to add privacy labels soon
Google LLC hasn’t updated a single iOS application since Dec. 7, despite keeping the Android versions of its apps up to date. Initially it was believed that Google might be trying to avoid providing Apple Inc. with information on the data it collects from users. But it turns out Google simply has plans to add ...
