Mike Wheatley
Latest from Mike Wheatley
VMware Inc. is trying to help companies that struggle to maintain hybrid cloud application connectivity with the launch of a new platform that combines its Tanzu Service Mesh product with its NSX Advanced Load Balancer. VMware’s Modern Apps Connectivity platform is designed …
Chipmakers and big tech push for $50B funding for semiconductor R&D
Computer chip makers and some of their biggest customers joined forces today in an attempt to pressure the U.S. government to commit tens of billion dollars in funding toward semiconductor manufacturing and research. The Semiconductors in America Coalition’s members include international chipmakers …
DevOps company CircleCI raises $100M round and buys Dutch startup Vamp
DevOps platform company Circle Internet Services Inc. announced today it has closed on a $100 million round of funding that takes its valuation to $1.7 billion. The news came as the company announced it has acquired a software release orchestration platform provider, called …
Dell debuts high-end PowerScale F900 all-flash storage array
Dell Technologies Inc. said today it’s updating its Dell EMC PowerScale line of all-flash storage systems for enterprises in order to target some of the most demanding workloads around unstructured data. The updates include the all-new Dell EMC PowerScale F900, its highest-performing …
ServiceNow brings workflow automation to manufacturing and healthcare
Cloud automation company ServiceNow Inc. is going after more industries as it tries to find new avenues to grow its revenue streams. The company announced today at its Knowledge 2021 event that it’s expanding into the manufacturing and the healthcare and life …
Mythic, maker of energy-efficient analog chips for AI, raises $70M in new funding
Pioneering artificial intelligence chip startup Mythic said today it has raised $70 million in a new round of funding that follows the launch of its first products last year. The Series C round was led by BlackRock and Hewlett Packard Pathfinder and …
At Think conference, IBM puts AI and hybrid cloud to work
IBM Corp. is pushing the envelope on hybrid cloud and artificial intelligence with a number of key announcements early Tuesday ahead of its Think 2021 event, chiefly aimed at accelerating its customer’s digital transformation strategies. One of the main highlights of today’s …
Rackspace’s stock plunges despite record revenue and a growing customer base
Cloud computing services company Rackspace Technology Inc. saw its stock fell sharply in after-hours trading despite posting strong first-quarter financial results that beat Wall Street’s expectations. The company reported record revenue as it grew its client base and existing customers spent more. …
JFrog scrapes past profit and revenue targets but its stock falls anyway
DevOps company JFrog Ltd. edged past Wall Street’s expectations today with its fiscal first-quarter financial results, but its shares fell sharply in after-hours trading as a result of cautious guidance. The company reported a profit before certain costs such as stock compensation of …
Strong quarterly revenue beat sends Cloudflare’s stock surging
Content delivery network company Cloudflare Inc. is riding high today, its stock up more than 8% after reporting fiscal first-quarter revenue that topped expectations and posting strong guidance for the next quarter and full year. The company reported a loss before certain …