Mike Wheatley
Latest from Mike Wheatley
A solid earnings beat, strong guidance for the next quarter and full year, and news of a strategic acquisition was enough to send cybersecurity firm Zscaler Inc.’s stock soaring today, with gains of more than 8% in late trading. The company announced …
Open-source data pipeline startup Airbyte raises $26M round
Open-source data integration platform startup Airbyte got the backing of several prominent investors in a $26 million round of funding announced today. Benchmark led the Series A round, which also saw the participation of 8VC, Accel, SV Angel, and Ycombinator, as well as …
Oracle debuts its first Arm-based cloud instances
Oracle Corp. is giving customers more choice and flexibility with the launch of its first Arm-based cloud compute offering on the Oracle Cloud Infrastructure platform. The new offering, called OCI Ampere A1 Compute, is designed to power both general-purpose and cloud-native workloads …
Commvault expands Metallic to Microsoft’s Dynamics 365 Cloud
Data management and backup provider Commvault Systems Inc. is celebrating its 25th anniversary today by expanding its Metallic software-as-a-service backup and recovery portfolio to cover all three of Microsoft Corp.’s enterprise cloud services. In addition, it announced a new Intelligent Data Services …
Gartner: Tech mergers and acquisitions will hit record high next year
Consolidation in the technology business is expected to reach new highs in 2022, according to a report by Gartner Inc. The analyst firm said economic uncertainty resulting from the COVID-19 pandemic is the driving force of this consolidation, compelling enterprises to make …
Facebook system can train AI models to recognize speech without transcribed audio data
Facebook Inc.’s artificial intelligence team today revealed a way to build speech recognition systems without using any transcribed audio data to train them. Speech recognition is one of the most common types of AI, widely used in lots of popular applications. Amazon …
Palo Alto Networks beats forecasts and ups full-year guidance
Palo Alto Networks Inc. is growing fast as enterprises place more emphasis on cybersecurity, and it showed today as it delivered impressive third-quarter financial results and raised its outlook. The company reported a profit before certain costs such as stock compensation of $1.38 …
Facebook automates network peering to enable smoother web traffic management
Facebook Inc.’s engineering team today revealed how it overcame one of the most time-consuming problems in networking by automating a process called “network peering” that enables more efficient exchange of internet traffic across various networks and service providers. In a blog post, …
Brain-machine interface firm Blackrock Neurotech gets $10M funding
Prominent venture capitalist Peter Thiel today announced he has invested in a company that’s rivaling Elon Musk’s Neuralink Corp. in the emerging brain-machine interface technology space. The co-founder of Palantir Technologies Inc., who was also an early backer of Facebook Inc. and …
Supply chain issues cast a shadow over Cisco’s earnings results
Computer networking giant Cisco Systems Inc.’s shares took a nosedive in after-hours trading today as it warned of challenges in its supply chain in the coming months, despite beating Wall Street’s expectations in its third-quarter financial results. The company reported a profit before …