Mike Wheatley
Latest from Mike Wheatley
Lenovo Group Ltd. today posted encouraging second-quarter financial results thanks to strong demand for personal computers as more people work from home. The company, which is based in Hong Kong, reported a profit of $2.59 on revenue of $14.5 billion, up 7% from …
Amazon Web Services will build its own public registry for Docker container images
Amazon Web Services Inc. is planning to create its own public container image registry in response to Docker Inc.’s decision to impose pull rate limits on Docker Hub. The public cloud infrastructure provider has also posted some advice on how customers can …
Aeva, which makes lidar sensors for autonomous cars, plans to go public via SPAC merger
A hot startup called Aeva Inc. that develops lidar-based technology for autonomous vehicles, said today it’s planning to go public in a “blank check” merger that will value it at over $2.1 billion. Aeva is planning to merge with a special purpose …
Amazon brings Nvidia’s powerful A100 GPUs to its cloud with its P4d instances
Amazon Web Services Inc. said today that its next-generation of graphics processing unit-based compute instances for high-performance computing and machine learning workloads are now generally available for all customers. The Amazon EC2 P4d instances are powered by Nvidia Corp.’s newest and most …
Arista Networks soars on strong earnings beat
Cloud networking company Arista Networks Inc. is riding high today after reporting third-quarter earnings that easily topped expectations, plus strong guidance for the next quarter. The company reported a profit before certain costs such as stock compensation of $2.42 per share on revenue …
With new cloud offering, AIOps startup Moogsoft moves into IT observability
Moogsoft Inc. said today it’s expanding into artificial intelligence-based observability with the launch of its new Moogsoft Observability Cloud. The new offering enables DevOps teams, those in which software developers and information technology staff work together to create applications faster, and site …
StorCentric buys former flash storage darling Violin Systems
Data management software company StorCentric Inc. said today it has acquired the flash storage software provider Violin Systems LLC for an undisclosed price. StorCentric is already a strong player when it comes to block storage and file storage software, and the acquisition of Violin …
Five9’s stock rises as it beats earnings targets yet again
Call center software provider Five9 Inc. has come up a winner yet again, comfortably beating Wall Street’s targets with its third-quarter financial results and delivering strong guidance on top of that. The company reported a profit before certain costs such as stock compensation …
Despite topping earnings target, Atlassian sees shares plunge on lower guidance
Enterprise productivity software company Atlassian Corp. Plc. saw its share price take a nosedive today despite topping Wall Street’s targets with its first-quarter financial results as its guidance for the next quarter came in somewhat lighter than expected. The Australian company, which …
Samsung warns of profit decline as demand for memory chips wanes
Samsung Electronics Co. Ltd. said today that its operating profit is likely to decline in the fourth quarter because of weak demand for its memory chips and stiff competition in the smartphone market. The company had just announced a 59% increase in …