Mike Wheatley
Latest from Mike Wheatley
Fintech startup Oxygen raises $17M in Series A round
Digital banking startup ReliefClub Inc., which does business as Oxygen, said today it has raised $17 million in a new round of funding. Runa Capital led the Series A round, which also included participation from S7V, 1984.vc, EFG Hermes, Rucker Park and Inventures, as well as celebrity and prominent fintech investors such as Frank Strauss, ...
Report: Huawei planning world’s first 3-nanometer mobile chipset
China’s Huawei Technology Co. Ltd. is reportedly trying to give its smartphone ambitions a boost with plans to announce what would be the world’s first three-nanometer chipset. Details of the so-called Kirin 9010 three-nanometer chipset were announced by a well-known industry leaker, @RODENT950 on Twitter, and first reported Saturday by GizmoChina. Nanometers define the distance ...
Apple loses lawsuit alleging iOS copyright infringement
Apple Inc. has lost a lawsuit against a company called Corellium LLC, which has built a virtualized version of the iOS operating system for security testing purposes Corellium was co-founded in 2017 by husband and wife Chris Wade and Amanda Gorton. Its software quickly became popular because it enables security researchers to run a virtual ...
SAP’s Qualtrics files paperwork for an initial public offering in 2021
SAP SE today filed paperwork with the Securities and Exchange Commission for an initial public offering of its Qualtrics subsidiary that values it at between $20 and $24 per share, or about $12 billion to $14.4 billion. The pricing is preliminary and the amount of stock to be sold has not been specified. SAP, which ...
Nuro gets permission to run its self-driving delivery vehicles on California’s roads
Nuro Inc. said today it has been granted permission to operate its autonomous delivery vehicles on California’s roads after receiving a permit from the state’s Department of Motor Vehicles. The announcement came just hours after Nuro said it had acquired a company called Ike Robotics Inc., a self-driving truck startup that focuses on delivering long ...
Elon Musk says Apple rejected an offer to buy Tesla on the cheap
Elon Musk said today that Apple Inc. declined an offer to buy Tesla Inc. at a bargain-basement price during the company’s “darkest days.” Musk’s tweet, which came in response to reports that Apple is going ahead with its plans to launch an electronic, self-driving car by 2024, claimed that Apple Chief Executive Tim Cook was ...
Google blames last week’s outage on Google User ID Service error
Google LLC said today that a simple “zero” error was responsible for taking its global authentication system offline and preventing users from accessing Gmail, YouTube and its cloud services for more than an hour last week. The company said one day after the Dec. 14 outage that its preliminary analysis had found that the cause ...
Tech firms unite to combat the growing threat of ransomware
Microsoft Corp., Citrix Systems Inc. and McAfee Corp. are heading up a coalition of security firms, tech companies and nonprofits that aim to combine their expertise, resources and tools to combat the growing threat of ransomware attacks. The Ransomware Task Force, announced Monday by the Institute of Security and Technology, and aims to provide companies and organizations ...
Honeywell buys Sparta Systems for $1.3B to move into life sciences
Software industrial giant Honeywell Inc. said today it’s buying life sciences software company Sparta Systems Inc. for $1.3 billion in order to expand the reach of its Honeywell Forge platform. With annual revenue of more than $36 billion, Honeywell manufactures industrial equipment and related products primarily for the aerospace industry. The Honeywell Forge platform is ...
Cisco buys Dashbase to brings logs and events analytics to AppDynamics
Cisco Systems Inc. announced today it will acquire events and logs analytics startup Dashbase Inc. for an undisclosed sum. Dashbase, whose software is used by enterprises to pull in log data from various real-time communications environments, will help bolster Cisco’s AppDynamics platform. AppDynamics is an application monitoring platform that has become central to Cisco’s push in ...