Mike Wheatley
Latest from Mike Wheatley
The world’s largest mobile network operator, China Mobile Ltd., is planning to raise up to 56 billion yuan ($8.8 billion) through a listing on Shanghai’s stock exchange. The listing, which would be China’s biggest public offering in a decade, comes just over a …
Nvidia claims record-breaking BlueField-2 DPU performance tests
Nvidia Corp. is making some big claims about the performance of its specialized BlueField-2 data processing units, saying they offer more than four times faster input/output operations per second than any other currently available chip of its kind. That’s according to the …
Identity and access control startup PlainID raises $75M
Self-styled authorization management startup PlainID Inc. is feeling significantly more well off today after closing on a $75 million round of funding that brings its total amount raised to $100 million. The Series C round was led by Insight Partners, with participation …
AppDirect partners with CDPQ to provide flexible funding to tech startups
AppDirect Inc., the cloud-based business commerce platform provider, is launching a new initiative called AppDirect Capital aimed at providing its technology partners with a more flexible form of financing to power their growth. The fund is being launched in partnership with the …
PC monitor sales decline as pandemic demand wavers
Personal computer monitor shipments have recorded their first year-over-year decline since the start of the pandemic, a sign that a boost in hardware sales resulting from the remote work trend is coming to an end. International Data Corp. said in its Worldwide …
Bizongo raises $110M and launches ‘cloud factory’ to boost supply chain visibility
Business-to-business supply chain enablement firm Bizongo said today it has raised $110 million in a funding round led by New York-based Tiger Global, bringing its valuation to the $600 million mark. New investors CDC and IFC EAF also participated in the round, along …
Report: Oracle targets healthcare data analytics firm Cerner for $30B acquisition
Database giant Oracle Corp. is reportedly in advanced discussions to buy the electronic medical records firm Cerner Corp. for about $30 billion, which would be the largest acquisition in Oracle’s history and extend its already deep push into the healthcare industry. The …
Verizon and Google team up to provide 5G edge computing services
Verizon Communications Inc. and Google LLC said today they’re partnering to bring edge computing services to more of their customers through the former’s 5G network. The idea is to combine Verizon’s 5G Edge network services with the Google Distributed Cloud Edge platform …
No-code cloud analytics startup Sigma Computing raises $300M
No-code cloud analytics and business intelligence firm Sigma Computing Inc. has closed on what may well be one of the last big funding rounds of 2021, raising $300 million in the process. Today’s Series C funding round was co-led by D1 Capital …
Adobe’s stock falls hard and fast as guidance falls short of expectations
Creative design software firm Adobe Inc.’s stock lost more than 10% of its value today after it projected fiscal first-quarter and full-year 2022 revenue that came way below analysts’ estimates. It as the second-worst one-day stock drop Adobe has suffered in more …