Mike Wheatley
Latest from Mike Wheatley
GlobalFoundries files for IPO, dashing hopes of Intel acquisition
The chipmaker GlobalFoundries Inc. has reportedly filed its plans for an initial public offering, delivering a blow to Intel Corp.’s hopes of acquiring the company. Reports emerged in July that Intel was in discussions to acquire GlobalFoundries for as much as $30 billion, in order to accelerate new Chief Executive Officer Pat Gelsinger’s plans to ...
Nvidia delivers another earnings beat on massive growth in gaming
Nvidia Corp. extended its hot streak with its second-quarter financial results today, easily beating expectations thanks to strong gains in gaming, data center and professional visualization. The company reported a profit before certain costs such as stock compensation of $1.04 per share on revenue of $6.51 billion, up an impressive 68% from the same period one ...
Cisco battles supply challenges and beats earnings expectations
Cisco Systems Inc. delivered strong fourth-quarter results today, reporting double-digit order growth across all geographies and customer markets, but its stock fell slightly in extended trading as guidance was lower than expected. The company reported a profit before certain costs such as stock compensation of 84 cents per share on revenue of $13.1 billion, up 8% ...
Celona and NTT team up on private 5G network connectivity for enterprises
Private mobile network operator Celona Inc. is partnering with Nippon Telegraph and Telephone Corp. on a new 5G local area network offering for enterprises. Celona said today that NTT is leveraging its private 5G network technology as the basis of its new P5G wireless offering that aims to provide cloud-native network connectivity for major enterprises. ...
ServiceNow and Citrix partner to automate IT ticket resolution
ServiceNow Inc. and Citrix Systems Inc. said today they’re teaming up to help make life easier for information technology help desk teams. They’ve come up with what they say is a virtual agent integration that can help to automate the resolution of virtual application and virtual desktop “resets” in a matter of minutes. With the emergence of ...
Qualcomm unveils its next-generation 5G AI drone platform
Qualcomm Technologies Inc. has unveiled a new reference design for drones that integrates 5G and artificial intelligence. The chipmaker said today it’s aiming to replicate the success of the experimental Ingenuity Helicopter that recently visited Mars, right here on Earth. Ingenuity was actually a test run for the new Qualcomm Flight RB5 5G Platform as it ...
Conga buys AI startup that helps companies understand how contracts will affect revenue
Revenue operations company AppExtremes LLC, which does business as Conga, is boosting its contract management capabilities by acquiring a startup called Contract Wrangler Inc. for an undisclosed price. Conga sells a suite of tools that make it easier for businesses to create digital contracts and documents, store them in the cloud and update them when ...
ExtraHop enables deeper forensic investigation of cloud threats and vulnerabilities
Cloud network detection and response platform provider ExtraHop Networks Inc. today announced new features that enable deeper forensic investigations of advanced threats. ExtraHop, which was recently acquired by Bain Capital Private Equity and Crosspoint, sells threat detection and response tools that use hundreds of machine learning models deployed side-by-side to find threats lurking in enterprises’ cloud environments. ...
Pepperdata moves into GPU monitoring and optimization for data-intensive apps
Big data infrastructure management firm Pepperdata Inc. is turning its attention to high-performance workloads, launching a new monitoring tool today for graphics processing units that power data-intensive applications such as Apache Spark on Kubernetes. Pepperdata sells software that’s used to manage and fine-tune workloads that run on big data frameworks such as Apache Hadoop and Spark. ...
Data observability startup Monte Carlo raises $60M in Series C funding
A startup called Monte Carlo Inc. is looking to extend its lead in an emerging category for data observability tools after announcing a $60 million funding round today. ICONIQ Growth led the Series C round, with participation from Salesforce Ventures and existing backers Accel, GGV Capital and Redpoint Ventures, bringing Monte Carlo’s total amount raised ...