Mike Wheatley
Latest from Mike Wheatley
Twilio delivers strong earnings as revenue doubles but issues light forecast
Cloud communications service leader Twilio Inc. delivered solid third-quarter results today, beating expectations thanks to what it said was strong customer momentum. But the company’s earnings forecast for the next quarter came in light, sending its stock down slightly after hours. Twilio reported a profit before certain costs such as stock compensation of 4 cents per ...
NetApp debuts new ‘storageless’ storage platform for Kubernetes apps
Data storage provider NetApp Inc. said today at its NetApp Insight virtual conference that it’s launching a number of new services to simplify and optimize multicloud management for data-rich software applications and help companies better manage the transition to remote work. The most important of the new services is Spot Storage, which the company described ...
SAP lowers its full-year guidance as COVID-19 drags on, stock plunges
Shares of enterprise software giant SAP SE plunged nearly 24% early Monday after it posted disappointing third-quarter results Sunday night and admitted the impact of the COVID-19 pandemic is likely to drag on for much longer than it first expected. Because of that, the company has revised downward its full-year 2020 business outlook to reflect the reduced ...
Report: Databricks is plotting the next big software IPO
Big data analytics and machine learning company Databricks Inc. is planning to make its stock market debut in the first half of next year, according to a report late Friday in Bloomberg. Unnamed sources with knowledge of the matter told Bloomberg that Databricks has already held talks with banks over an initial public offering, though it ...
ServiceNow teams up with Accenture to accelerate enterprise automation
ServiceNow Inc. is teaming up with the consulting giant Accenture Plc to expand its push into the enterprise. The company has formed a new business group with Accenture that’s aimed at speeding up customers’ digital transformation and workflow processes. Called the Accenture ServiceNow Business Group, the new unit will receive a “significant multimillion-dollar investment” from both companies ...
Tibco buys Information Builders in its biggest-ever acquisition
Data integration software firm Tibco Software Inc. said today it’s buying rival business analytics firm Information Builders Inc. Tibco didn’t disclose how much it’s paying for Information Builders, but Reuters cited an unnamed source that said the sale values Information Builders at about $1 billion. In any case, Tibco said the acquisition will be the ...
Intel’s stock dives on weakness in data center chip sales
Updated: Intel Corp.’s stock lost almost 10% of its value in after-hours trading today on weakness in its data center business, despite reporting third-quarter results more or less in line with Wall Street’s expectations. The chipmaker reported a profit before certain costs such as stock compensation of $1.11 per share on revenue of $18.3 billion. Wall ...
Nvidia’s A100 GPU sets new performance records in MLPerf benchmarks
Nvidia Corp.’s latest artificial intelligence platforms have once again set new performance records in the latest MLPerf benchmarks. MLPerf is an industry benchmarking group that was set up in May 2018 and is backed by companies that include Amazon.com Inc., Baidu Inc., Facebook Inc., Google LLC, Intel Corp. and Microsoft Corp., as well as Harvard ...
Dell simplifies its ‘as-a-service’ offerings with Project APEX
Dell Technologies Inc. is expanding and unifying its “as-a-service” offerings with the launch of Project APEX, making it easier for customers and partners to access its hyperconverged infrastructure products, personal computers, networking, servers and storage products on-demand. Project APEX, announced late Tuesday night, unifies Dell’s existing Dell Technologies On Demand and Dell Technologies Cloud offerings under ...
Microsoft brings Kubernetes to edge devices with Project Akri
Microsoft Corp. today announced a new open-source project it has created called Akri that aims to make it easier to use Kubernetes with network edge devices. Akri, which stands for “A Kubernetes Resource Interface for the edge” and also means “edge” in Greek, is designed to expose what Microsoft calls lightweight “leaf devices” such as ...
