Mike Wheatley
Latest from Mike Wheatley
MongoDB’s new release helps unify distributed data sources
Document-oriented database company MongoDB Inc. today announced a raft of updates to its product portfolio today, including a new release of its namesake database software. The company is also adding more features to MongoDB Atlas, the cloud-specific version of its database, and launching a brand new product database synchronization platform for developers. MongoDB is an open-source, ...
Yugabyte raises $30M for its cloud-native distributed SQL database
Open-source relational database company Yugabyte Inc. is in the mood for expansion after landing a new $30 million funding round announced today. The oversubscribed Series B funding round was led by 8VC. Wipro Ventures and existing investors Lightspeed Venture Partners and Dell Technologies Capital also participated in the round, which brings Yugabyte’s total amount raised ...
IBM to stop selling facial recognition technology
IBM Corp. Chief Executive Officer Arvind Krishna is withdrawing his company from the general-purpose facial recognition market over concerns that the technology is being used to promote discrimination and racial injustice. In a letter addressed to the U.S. Congress today, Krishna said that IBM “firmly opposes and will not condone uses of any technology, including ...
Amazon sues to limit former AWS marketing VP Brian Hall’s new job at Google Cloud
Amazon.com Inc. has filed a lawsuit against Brian Hall, a former vice president of product marketing at Amazon Web Services Inc., alleging that he has violated the terms of a noncompete agreement after taking up a new role at Google Cloud, one of the company’s main competitors. The lawsuit says the decision by Hall (pictured) ...
VMware buys Lastline to improve malware threat detection
Virtualization software giant VMware Inc. said today it has agreed to buy an anti-malware research startup called Lastline Inc. to help it better detect sophisticated network threats. VMware said the acquisition of Lastline, which is expected to close at the end of July, will boost the capabilities of its Carbon Black Threat Analysis Unit by ...
MongoDB beats earnings expectations but its guidance comes up short
MongoDB Inc. blew past Wall Street’s expectations today as it reported its first-quarter financial results, but the database software company’s stock fell in after-hours trading after it warned of a wider second-quarter loss than analysts were expecting. The company, which sells an open-source, document-oriented database of the same name that’s used to power big-data applications ...
Slack announces multiyear cloud partnership with AWS
Slack Technologies Inc. today announced today a sweeping multiyear agreement with Amazon Web Services Inc. that covers both cloud services and product integrations. The announcement came as the workplace collaboration firm reported its fiscal first-quarter results, easily topping Wall Street’s expectations. The company’s stock quickly fell after hours, though, as its guidance for the next quarter wasn’t ...
Full cloud ahead: Storage giant NetApp buys cloud cost control startup Spot
In its third acquisition this year, Data storage firm NetApp Inc. said Wednesday it’s buying the Israeli cloud infrastructure optimization startup Spot. The companies didn’t reveal the amount, but a source told Calcalist the price was $450 million. Spot had raised about $52 million in funding and employs 150 people in Tel Aviv, San Francisco ...
Shares of cloud subscription firm Zuora soar on solid quarterly earnings
Cloud subscription management services company Zuora Inc. saw its stock jump more than 20% in after-hours trading today after reporting fiscal first-quarter results that topped estimates. The company reported a first-quarter loss before certain costs such as stock compensation of 6 cents per share on revenue of $73.9 million, up 15% from the same period ...
Cloudera’s stock plunges despite strong earnings
Big-data company Cloudera Inc. delivered strong financial results today that beat Wall Street’s expectations. The company credited its new Cloudera Data Platform Public Cloud with boosting its value proposition among enterprise customers. It seems to be finding its feet after a dismal showing following its 2018 merger with former rival Hortonworks Inc. Cloudera, which sells various ...