Mike Wheatley
Latest from Mike Wheatley
Strong cloud sales help Oracle beat earnings targets
Database and business software giant Oracle Corp. beat expectations with its second-quarter financial results today thanks to what it said was strong growth in its cloud services offerings. The company reported a profit before certain costs such as stock compensation of $1.06 per share on revenue of $9.8 billion, up 2% from the same period a ...
Healthcare analytics software firm LeanTaaS lands $130M late-stage funding round
Healthcare software startup LeanTaaS Inc. announced a massive $130 million funding round today at a time when its business is seeing strong growth. The Series D round, which was led by Insight Partners with participation from Goldman Sachs, brings LeanTaaS’s total funding to more than $250 million. Perhaps not surprisingly, LeanTaaS has seen a big surge ...
Manufacturers navigate COVID-19 with AI, cloud and robotics, says Google study
Manufacturing firms around the world have responded to the COVID-19 pandemic by accelerating their investments in disruptive digital technologies such as artificial intelligence, robotics and cloud platforms, a new study has found. Most manufacturers were caught off-guard the COVID-19 pandemic began spreading across the world, and the vast majority of them were forced to shut ...
Asana stock jumps on first-ever earnings beat
In its first earnings report since going public in September, project management software firm Asana Inc.’s stock got a nice boost today after the company delivered third-quarter financial results that topped Wall Street expectations. Asana reported a loss before certain costs such as stock compensation of 34 cents per share on revenue of $58.9 million, up ...
Google focuses Chrome Dev Summit on privacy, app development and performance
Google LLC today provided an update on its efforts to create a more seamless internet experience for both web developers and users, regardless of the browser or device they use. The update came at the kickoff of the company’s virtual Chrome Dev Summit, an annual conference that showcases Google’s latest developer tools. There are also updates coming to ...
Trilio raises $15M to advance its cloud-native data protection technology
Cloud-native data protection outfit Trilio Data Inc. said today it has raised $15 million in funding that will be used to accelerate adoption of its technology across the enterprise. SKK Ventures led the round together with participation from Plug and existing investors .406 Ventures and Jack Egan. The funding combines $12 million from a Series B round ...
Amazon HealthLake helps healthcare providers analyze unstructured medical data
Amazon Web Services Inc. said today during its re:Invent 2020 virtual conference that it’s upping its medical chops with the launch of a new service that healthcare providers can use to store, transform and analyze life science data in the cloud at petabyte scale. The service is called Amazon HealthLake, and it’s essentially a data ...
MongoDB beats earnings targets again
Managed database service company MongoDB Inc. handily beat estimates in its third-quarter financial results today, raising its end-of-year outlook in the process. The company reported a loss before certain costs such as stock compensation of 31 cents per share on revenue of $150.8 million, up 38% from the same period one year ago. That was better ...
Cisco goes big on collaboration with new features, integrations and devices for Webex
Cisco Systems Inc. introduced a huge array of updates to its Webex communications and collaboration platform at its WebexOne virtual event today, as it bids to keep pace with rival platforms such as Zoom, Slack and Microsoft Teams. Cisco said the COVID-19 pandemic has made it clear that remote interactions will be a key part of ...
New customers help Amazon showcase its cloud capabilities
Amazon Web Services Inc.’s ongoing customer acquisition spree gathered pace today with the news that Thomson Reuters Corp. and ViacomCBS Inc. have migrated large portions of their information technology infrastructure to its cloud. Thomson Reuters’ migration to the AWS cloud can serve as a template for companies with similarly large IT stacks, because it managed ...
