Mike Wheatley
Latest from Mike Wheatley
Dell delivers another earnings beat on remote-work demand
Dell Technologies Inc. delivered another solid quarter today, crushing Wall Street’s estimates thanks to strong demand for personal computers as people continue to work and learn from home. The company, led by its founder, Chairman and Chief Executive Michael Dell (pictured), reported a third-quarter profit before certain costs such as stock compensation of $2.03 per share. ...
Hasty raises $3.7M in funding to speed up computer vision AI training
Artificial intelligence startup Hasty GmbH said today it has nabbed $3.7 million in seed funding as it looks to speed up the development of its next-generation annotation tool for computer vision. Shasta Ventures led the seed funding round, together with participation from coparion and iRobot Ventures. Hasty has built an annotation tool that’s used to ...
Amazon Translate makes it easier to generate customized translations
Amazon Web Services Inc. said today it’s enhancing its Amazon Translate machine translation service with a new feature that gives users more control over their output. Amazon Translate is an automated translation service that uses machine learning to convert text between different languages. The service is provided via an application programming interface that allows companies ...
Nutanix stock rallies as earnings top estimates and guidance rises
Shares of Nutanix Inc. shares rallied in after-hours trading today after the data center software and services company posted better-than-expected first-quarter financial results and provided strong guidance for the three months ahead. The company reported a loss before certain costs such as stock compensation of 44 cents per share on revenue of $312.8 million. Wall Street had ...
Google to help European tech services giant ABB expand its cloud footprint
Google LLC has inked a major cloud deal involving the European technology services giant ABB Ltd. Under the terms of the deal, ABB Information Systems Inc., a subsidiary of ABB, said it plans to use Google Cloud to increase the scalability and reliance of its IT infrastructure part of an ongoing organizationwide initiative that’s known ...
Blackstone invests $400M in cybersecurity firm FireEye
Cloud cybersecurity firm FireEye Inc. saw its stock jump more than 17% in late trading today after announcing a $400 million investment from the private equity firm Blackstone Group. Blackstone will also grab a seat on the FireEye’s board of directors, the company said. Blackstone, which is based in New York, is considered to be one ...
Google says RCS chat is now available worldwide, with encryption coming soon
Google LLC said today its Rich Communication Services messaging capability is now available worldwide, albeit with a few exceptions, and that it will add end-to-end encryption for some beta testers later this month. For those unfamiliar with RCS, it’s essentially a supercharged version of SMS text messages, upgraded for the 21st century. RCS brings SMS ...
Workday’s stock falls as COVID-19 weighs on growth prospects
Workday Inc. saw its stock fall more than 2% in after-hours trading despite posting a strong third quarter that easily beat Wall Street’s forecasts and raising its end-of-year guidance again. The company, which sells financial and human capital management software for large enterprises, reported a profit before certain costs of 86 cents per share. Revenue for ...
Facebook’s new Chrome API helps websites load faster and stay responsive
Facebook Inc.’s developer team says it worked with Google LLC to implement a new JavaScript application programming interface in the Chrome browser that can help website developers avoid the tradeoff between page load performance and input responsiveness. In a blog post today, Facebook developers Nate Schloss and Andrew Comminos outlined the problem they’re trying to ...
Amazon S3 Storage Lens helps customers optimize object storage costs
Amazon Web Services Inc. said today that Amazon S3 customers are getting a new feature that improves visibility into object storage, delivering insights that can help them to discover anomalies, identify cost efficiencies and better apply best practices for data protection. Amazon S3 Storage Lens is described by the company as a “cloud storage analytics solution.” ...