Mike Wheatley
Latest from Mike Wheatley
Qualcomm delivers 52% revenue growth as it welcomes its new CEO
Smartphone chip giant Qualcomm Inc. delivered a blowout quarter today with earnings and revenue that easily beat Wall Street’s expectations combined with triple-digit operating income growth. The company reported a second-quarter profit before certain costs such as stock compensation of $1.90 per share on revenue of $7.94 billion, up 52% from a year ago. Wall Street ...
Judge blocks latest move to dismiss Amazon’s JEDI cloud contract protest
Amazon Web Services Inc. won a small victory in its ongoing legal fight to block the U.S. Department of Defense’s decision to award the Joint Enterprise Defense Infrastructure cloud contract to rival Microsoft Corp. when a judge today declined to dismiss its protest lawsuit. The JEDI contract, which could be worth up to $10 billion over the ...
Cloud security startup Sysdig bags $188M in late-stage funding round
Container environment security startup Sysdig Inc. joined the unicorn club today after raising $188 million in a late-stage funding round. The Series F round, led by Third Point Ventures and Premji Invest with participation from Accel, Bain Capital Ventures, DFJ Growth, Goldman Sachs, Insight Partners and Next47, brings Sysdig’s value to $1.18 billion, the company ...
AMD smashes earnings expectations by almost doubling revenue
Advanced Micro Devices Inc. showed no signs of slowing down today, delivering stellar first-quarter financial results that easily beat expectations as it almost doubled its revenue from a year ago. The company’s growth was driven by strong sales across all of its major product lines, including its Ryzen chips for personal computers, its EPYC server ...
Red Hat bakes cloud security into the heart of Red Hat OpenShift
Red Hat Inc. is betting that enterprises will be interested in its ability to secure hybrid cloud applications better with a new and more advanced iteration of its Red Hat OpenShift platform. The enhanced offering is complemented by a suite of new, fully managed cloud services that are designed to work with Red Hat OpenShift ...
Arm boosts its Neoverse V1 and N2 chip designs with new mesh interconnect
British chip designer Arm Ltd. today announced a more advanced mesh interconnect for the Neoverse architecture chips that it said is a key element for partners aiming to develop more sophisticated systems-on-chip. Arm announced its Neoverse V1 and Neoverse N2 platforms in September, saying the chip blueprints will serve as the basis for a new breed ...
Red Hat extends its focus to the network edge
Open-source software giant Red Hat Inc. is positioning its flagship operating system as the basis for multiple types of computing workloads at the edge of the network. The company said today the release of Red Hat Enterprise Linux 8.4 is meant to serve as the foundation of its “Red Hat Edge initiative,” which aims to ...
With latest Enterprise Manager release, Oracle moves into hybrid cloud monitoring
Oracle Corp. announced a big update to its Oracle Enterprise Manager tool today that delivers what it said are “major breakthroughs” in monitoring and management automation for Oracle environments. Introducing the new release in a blog post, Mughees Minhas, product management vice president of enterprise and cloud manageability at Oracle, explained that Oracle Enterprise Manager ...
NXP’s automotive, industrial and mobile chips all see double-digit growth
Dutch chipmaker NXP Semiconductors N.V. only just beat expectations on revenue as it delivered its first-quarter financial results today. The company reported a profit before certain costs such as stock compensation of $2.31 per share on revenue of $2.567 billion, up 27% from one year ago. Wall Street had been looking for a profit of $2.21 ...
Telcos bet on Red Hat OpenShift for network modernization
Open-source hybrid cloud software giant Red Hat Inc. is spending much of the first day of its annual Red Hat Summit event talking about the progress it has made with customers — especially in the telecommunications industry, where it’s helping modernize a number of communications service provider’s networks. Red Hat said today that its open-source hybrid ...