Mike Wheatley
Latest from Mike Wheatley
Revenue intelligence startup Gong raises $250M in late-stage funding
Sales revenue intelligence company Gong.io Inc. has raised $250 million in a new round of funding that brings its total amount raised to date to $584 million. Franklin Templeton led the Series E round, with participation from Coatue, Salesforce Ventures, Sequoia, Thrive Capital and Tiger Global, Gong said today. Gong is attracting big money for ...
Elastic’s stock rises sharply on strong quarterly revenue beat
Netherlands-based enterprise search company Elastic NV’s stock jumped in after-hours trading today thanks to strong performances from its emerging observability and security businesses in its fiscal fourth quarter. The company reported a loss before certain costs such as stock compensation of 8 cents per share, lower than both its own projected range of a loss ...
Splunk’s stock sinks on bigger-than-expected quarterly loss
Splunk Inc. reported a bigger-than-expected loss in its fiscal first-quarter financial results today that, coupled with a revenue outlook that was below consensus, sent the big-data company’s stock down more than 3% in after-hours trading. The company reported a loss of 91 cents per share on revenue of $502 million, up 16% from a year ...
Strong progress in cloud helps NetApp beat earnings forecast
Data storage pioneer NetApp Inc. posted strong fiscal fourth-quarter financial results today, beating analysts’ expectations thanks to sustained growth in its public cloud services offerings. The company reported a profit before certain costs such as stock compensation of $1.17 per share on revenue of $1.56 billion for the quarter, up from $1.4 billion in sales ...
Facebook is moving all of its AI models to the open-source PyTorch framework
Facebook Inc. today revealed that it’s going all-in on PyTorch as its default artificial intelligence framework. The company said that by migrating all of its AI systems to PyTorch, it will be able to innovate much more quickly while ensuring a more optimal experience for all of its users. PyTorch is an open-source machine learning ...
Nasuni wants companies to migrate Windows File Servers to Google Cloud
Cloud file storage company Nasuni Corp. is stepping up its tight integration with Google Cloud today with a new migration service that it says will help companies to eliminate the headaches of managing on-premises Windows File Servers. The company has just announced Nasuni Files for Google Cloud Platform, which combines Google Cloud’s object storage services ...
Cisco’s Unified Computing System goes hybrid at Future Cloud event
Cisco Systems Inc. is expanding up its hybrid cloud program with a host of new technologies announced at its Future Cloud virtual event today. Today’s announcements are the result of a multibillion-dollar investment aimed at building more cloud capabilities into every aspect of Cisco’s networking tools, with a focus on delivering “Continuity, Insights, Security, Connectivity ...
Amazon goes after Google Maps with the official launch of Amazon Location Service
Amazon Web Services Inc. announced the general availability of a new service today that developers can use to add location-based capabilities such as package tracking to applications. Amazon Location Service provides a simple and cost-effective way to add location functionality to all manner of apps without compromising on data security or user privacy, Amazon said. The service uses ...
HPE posts double-digit revenue growth for the first time since 2015
Hewlett Packard Enterprise Co. has gotten its business back on track, reporting fiscal second-quarter earnings today that beat expectations as it returned to revenue growth for the first time since 2018. The company reported a profit before certain costs such as stock compensation of 46 cents per share on revenue of $6.7 billion, up 11% from ...
Zoom beats expectations but its pandemic-fueled growth starts to wane
Zoom Video Communications Inc. posted strong fiscal first-quarter financial results today, beating expectations on earnings and revenue, but it was unable to meet the level of growth it showed during the height of the pandemic. The company reported a profit before certain costs such as stock compensation of $1.32 per share on revenue of $956 million, ...