Mike Wheatley
Latest from Mike Wheatley
Box beats earnings forecast on strong demand for remote work services
Cloud storage company Box Inc. posted strong fiscal first-quarter results today, boosted by enterprise customers looking for secure remote work services to keep their operations up and running during the COVID-19 pandemic. The company reported a profit before certain costs such as stock compensation of 10 cents per share on revenue of $183.6 million, up 13% from ...
Zuora’s latest platform release aimed at simplifying business workflows
Cloud subscription management services company Zuora Inc. is updating its software-as-a-service platform with new “pre-built Workflows” and “Data Query” capabilities in its latest release. The Zuora Central Platform is used by businesses to automate their’ subscription order-to-cash operations in real time. The platform can be used to launch new businesses, shift products to subscriptions, implement ...
Call center software startup Aircall raises $65M
French call center software startup Aircall SE looks likely to be one of the beneficiaries of the COVID-19 pandemic after raising $65 million in a round of funding that brings its total amount raised to north of $100 million. DTCP led the Series C round, which saw participation from new investors Swisscom Ventures and Adams Street, ...
Gartner says personal device shipments will fall by 14% this year
Technology analyst firm Gartner Inc. said today it’s expecting a sharp fall in sales of personal devices such as personal computers, tablets and mobile phones this year. Although hardware sales have benefited to some extent from businesses and individuals buying more laptops to cope with working from home, Gartner said it still sees total worldwide personal ...
China’s Tencent to invest $70B in tech infrastructure
Chinese technology giant Tencent Holdings said Tuesday it’s planning to invest about $70 billion in information technology infrastructure over the next five years. The plan calls for investments in areas such as artificial intelligence, cloud computing and cybersecurity. It follows a call by China’s government last month for a “tech-driven structural upgrade” of the country’s ...
Apple will partially reopen 100 US stores this week
Apple Inc. said Tuesday it will reopen about 100 of its retail stores in the United States this week, though heavy restrictions will remain in place to prevent the spread of the coronavirus. The iPhone maker reopened some U.S. stores on May 11 and currently has 25 stores open for business across the nation. But ...
Data collaboration firm Cinchy raises $10M funding round
Data collaboration company Cinchy is ready for its next stage of growth after landing $10 million in a new round of funding. Information Venture Partners led the Series A round, which also included the participation of BDC, ScaleUp Ventures, Techstars, and Manulife Investment Management. Cinchy sells a “Data Fabric” platform that enables multiple systems and ...
Spectrm lands $3M Series A round for its conversational marketing platform
Spectrm Ltd., a German startup that sells an artificial intelligence-based marketing platform for instant messenger tools, announced today it has raised $3 million in a Series A round of funding led by Runa Capital. Spectrm sells a platform that automates personalized, one-on-one conversations with customers over messenger apps such as Facebook Messenger. The platform is ...
Samsung boosts mobile device protection with new security chip
Samsung Electronics Co. Ltd. said today it has developed a new “secure element chip” that will help to protect sensitive data stored on mobile devices. The new chip, called the S3FV9RR, will be offered as a standalone solution along with its associated security software. The Common Criteria organization, which certifies the security level of information technology hardware, ...
Nvidia’s data center business tops $1B in revenue for the first time
Computer graphics chip maker Nvidia Corp. said Thursday its key data center business recorded its best-ever quarter, with revenue topping $1 billion for the first time. That came as the company reported a first-quarter profit before certain costs such as stock compensation of $1.80 per share on revenue of $3.08 billion, up 39% from the same ...