Mike Wheatley
Latest from Mike Wheatley
Box delivers solid earnings by growing existing customer accounts
Shares in Box Inc. rose almost 9% in after-hours trading today after the company reported better-than-expected second-quarter financial results. The cloud storage and file management company reported a profit before certain costs such as stock compensation of 18 cents per share on revenue of $192.3 million, up 11% from a year ago. Wall Street had forecast earnings of just 12 ...
Rancher Labs’ K3s becomes the latest CNCF sandbox project
Container management software company Rancher Labs Inc. said today that its lightweight Kubernetes distribution K3s has been accepted as a sandbox project by the Cloud Native Computing Foundation. Rancher Labs, which was recently acquired by SUSE Group, launched K3s last year in order to meet the growing demand enterprises have for smaller clusters of software containers ...
Kong’s API management platform adds hybrid deployment options
Application programming interface management company Kong Inc. said today it’s updating its flagship Kong Enterprise platform, adding new multicloud and multiregion deployment options,. It’s also offering new native service mesh support that it says will help its customers to streamline their information technology infrastructure and reduce overhead. Kong Enterprise is an API management platform that ...
Pure Storage beats earnings forecast but its stock dives
Pure Storage Inc. saw its stock crash today despite beating expectations with its second-quarter results. The data storage company reported a profit before certain costs of 6 cents per share on revenue of $403.7 million, up 2% from a year ago. That was better than expected, with Wall Street having forecast a loss of 3 cents per ...
Update: Salesforce lays off 1,000 despite stock jump on strong performance and outlook
Updated: Salesforce.com Inc. shares jumped almost 12% in after-hours trading today after the company easily beat its second-quarter earnings targets and raised its fiscal 2021 revenue outlook. The company, which is best known for its customer relationship management and service clouds, reported a profit before certain costs such as stock compensation of $1.44 per share on revenue ...
Google updates Anthos and debuts a new app modernization program
Google LLC today expanded the capabilities of its hybrid cloud application development platform Anthos, with an eye to helping companies modernize their most critical business applications. To that end, Google also announced during its Cloud Next OnAir digital conference a new Global Cloud Application Modernization Program. CAMP is meant to help companies get started with ...
IPO explosion: Snowflake leads a wave of filings to go public
Fast-growing cloud computing company Snowflake Computing Inc. filed plans to go public today, joining five other Bay Area startups that have announced similar plans as well today. Snowflake said in its IPO filing that it more than doubled its revenue, to $242 million, during the first half of the year, posting a net loss of ...
Confluent adds ‘cluster linking’ to Apache Kafka to make event data globally accessible
Confluent Inc. said today it’s introducing a new “cluster linking” feature to its event streaming platforms. The idea is to make event data globally available to businesses, no matter if it resides in multiple clouds or on-premises data centers located in different parts of the world. The company’s Confluent Platform and Confluent Cloud projects are ...
Microsoft looks to secure more cloud contracts with foreign governments
Microsoft Corp. is eyeing more cloud computing deals similar to the $10 billion Joint Enterprise Defense Infrastructure contract it won from the U.S. Department of Defense last year. The company is targeting foreign governments with similar initiatives as it looks to expand its “cloud-based computing and storage resources at all government security classification levels,” CNBC ...
Google adds near real-time wildfire data to Maps
Google LLC said today it has updated its Maps and Search tools to show wildfire boundaries so people can see exactly where they’re located in real time and work out how to avoid them. In addition, the Google search engine will also provide the latest news reports and helpful resources from local emergency services in its ...