Mike Wheatley
Latest from Mike Wheatley
Five9’s stock rises again on another strong earnings beat
Five9 Inc. posted strong financial results today with profit and revenue beating expectations, showing that its recent purple patch during the COVID-19 pandemic is no fluke. The company reported a fourth-quarter profit before certain costs such as stock compensation of 34 cents per share on revenue of $127.9 million. That was well ahead of Wall Street’s ...
Low-code software platform provider Creatio raises $68M
Low-code software platform company Creatio is hoping to grow its business after announcing a $68 million capital raise today. The round was led by the U.S. growth equity firm Volition Capital. Horizon Capital, a private equity firm, also participated in the round. Creatio said it will use its new funds to invest in research and development, ...
Linux Foundation backs 7 new open-source projects to promote racial justice
The Linux Foundation said today that it has decided to house seven new open-source software projects aimed at promoting racial justice, in a move that’s designed to encourage more developers to participate in their development. The seven open-source projects are all entrants in the 2021 Call for Code, n annual contest held by IBM Corp. ...
Arista Networks’ stock jumps in after-hours trading on strong financial results
Cloud networking company Arista Networks Inc. ticked all of the right boxes today, delivering fourth-quarter earnings that came in well ahead of Wall Street’s forecasts and posting strong guidance for the next quarter as well. The company reported a profit before certain costs such as stock compensation of $2.49 per share on revenue of $648.5 million. ...
Dropbox delivers strong earnings, topping $2B in annual recurring revenue
Cloud storage provider Dropbox Inc. topped $2 billion in annual recurring revenue for the first time as it handily beat Wall Street’s expectations with its fourth-quarter financial results today. The company reported a profit before certain costs such as stock compensation of 28 cents per share on revenue of $504.1 million, up 14% from a year ...
Google announces the first developer preview of Android 12
Google LLC’s Android team has just made the first developer preview of Android 12 available for developers to tinker with and provide feedback on its new features. The idea is to help software developers ensure their apps are compatible with the latest version of the operating system’s features, which include a raft of user experience ...
AWS joins PennyLane, an open-source framework that melds machine learning with quantum computing
Amazon Web Services Inc. will play a central role in advancing quantum computing after announcing today that it has joined the steering council of the open-source PennyLane project. PennyLane is a framework for what’s called “hybrid quantum computing,” which is an approach to quantum computing that involves using classical computing resources alongside quantum processors. The ...
Twilio’s stock jumps after cloud communications firm posts surprise profit
Twilio Inc. is riding high today, its stock up more than 10% in extended trading the cloud communications company posted better-than-expected fourth-quarter financial results that took Wall Street by surprise. The company reported a profit before certain costs such as stock compensation of four cents per share on revenue of $548.1 million, up 65% year-over-year. That ...
Google doubles down on education with updates to Classroom and Meet, plus new Chromebooks
Google LLC announced a raft of updates today that it says are intended to advance education, both online and offline, in the classroom and also in remote learning environments. The most important new update is the launch of Google Workspace for Education, which is meant to align the company’s education tools with the new Google ...
Microsoft enhances data security in Power BI business intelligence apps
Microsoft Corp. is beefing up the security capabilities of its Power BI business intelligence tools with new network isolation and data protection features that help to ensure customer’s information will never be compromised. Data is, of course, at the core of Microsoft Power BI, which is the collective name for a suite of cloud-based apps ...