Mike Wheatley
Latest from Mike Wheatley
Google’s latest AI tools help doctors read medical records faster
Google LLC is trying to lift some of the burden from overworked physicians and doctors with new cloud services launched today that it says can automate the review and programmatic analysis of medical documents. The aim is to help them increase productivity and prevent the burnout of healthcare workers who are under more pressure than ever before ...
Adobe buys marketing software firm Workfront for $1.5B to boost Experience Cloud
Adobe Inc. announced today it has inked a deal to acquire the marketing software company Workfront Inc. for $1.5 billion. The company, which sells cloud-based software for creatives and designers, said it plans to integrate Workfront’s software with its Experience Cloud offering, which is used to manage customized marketing campaigns, content delivery, analytics, data, advertising and ...
Pressured by investors, F5 Networks announces $1B stock buyback
Network security and traffic management company F5 Networks Inc. saw its stock jump almost 7% in pre-market trading today after announcing plans to buy back $1 billion worth of its stock over the next two years. The company said the plan involves the “accelerated repurchase” of $500 million worth of its stock in fiscal 2021, ...
Cellwize raises $32M for its RAN automation platform that helps speed up 5G deployments
Mobile network automation and orchestration provider Cellwize Wireless Technologies Inc. said today it has secured $32 million in a funding round led by Intel Capital and Qualcomm Ventures LLC. Verizon Ventures, Samsung Next and existing investors Viola Ventures, DTCP, GreenApple Tech, Vintage Investment Partners, and Sonae IM also participated in the Series B round, which ...
Dell launches new HPC systems for genomics, digital manufacturing and AI
Dell Technologies Inc. is stepping up its high-performance computing game with the launch of new systems and services designed for use cases such as genomics, digital manufacturing and artificial intelligence. The new systems, announced today, are part of the Dell EMC Ready Solutions family of compute and server hardware that’s customized for specific workloads. With the ...
Cloudflare’s stock jumps on solid earnings and revenue beat
Shares in the network security and internet traffic management firm Cloudflare Inc. jumped more than 10% in after-hours trading today after it posted third-quarter earnings and revenue that easily topped analysts’ forecasts. The company, which is based in San Francisco, reported a loss before certain costs such as stock compensation of 2 cents per share on ...
New Relic’s stock tumbles on bigger-than-expected loss
New Relic Inc.‘s stock was taken to the cleaners again today after it posted second-quarter earnings that fell some way short of Wall Street’s expectations. The company reported a loss before certain costs such as stock compensation of 7 cents per share on revenue of $166.1 million. Wall Street had been reckoning a profit of ...
Dropbox stock drops despite earnings and revenue beat
Cloud storage company Dropbox Inc. may be wondering what it did wrong after seeing its stock fall today despite beating Wall Street’s targets with its third-quarter financial results. The company, which sells cloud-based software that’s used by companies to sync and share files over the internet, reported a profit before certain costs such as stock compensation of 26 ...
Algorithmia debuts a monitoring tool to prevent drift in machine learning models
Artificial intelligence operations and management software provider Algorithmia Inc. is taking on the chore of machine learning model performance monitoring with a new tool announced today that it says provides greater visibility into algorithm inference metrics. Algorithmia is a Google LLC-backed company that sells software designed to make machine learning projects easier to get off ...
Pure Storage hires chief revenue officer as it provides strong revenue forecast
Data storage services provider Pure Storage Inc. said today it’s hiring a new chief revenue officer, longtime VMware Inc. and Cisco Systems Inc. executive Dominick Delfino, and announced preliminary third-quarter revenue that’s ahead of analyst’s expectations. The company, which sells flash memory-based hardware and software products, said Delfino (pictured) will assume the role of CRO ...
