Mike Wheatley
Latest from Mike Wheatley
ANALYSIS
All in the Dell family: VMware in talks to acquire Pivotal Software
Pivotal Software Inc. is looking to reunite with its parent company VMware Inc., which spun it out in 2013. The companies, which are both majority-owned by Dell Technologies Inc., said they’re holding talks regarding an acquisition priced at $15 per share, which represents an 80% premium to Pivotal’s stock price at close of trading today. ...
Virtual Instruments acquires Metricly to help customers optimize cloud spending
Infrastructure performance management firm Virtual Instruments Inc. is adding cloud cost optimization to its repertoire of skills through the acquisition today of Metricly Inc. Virtual Instruments provides tools that help companies to understand, manage, optimize and automate their hybrid information technology environments. The company has been steadily expanding the types of services it offers. Last year, ...
Canada’s Globe and Mail adopts Amazon’s AI services to promote its content
Amazon Web Services Inc.’s artificial intelligence and machine learning credentials have gotten a boost from Canada’s most popular newspaper, The Globe and Mail. The newspaper said today it has chosen AWS as its “standard” platform for AI and machine learning workloads after experimenting with a range of its services, including AWS SageMaker, AWS Comprehend, AWS ...
Cray lands $600M Nuclear Security Administration supercomputer contract
Cray Inc. has signed a $600 million contract to provide the National Nuclear Security Administration with its first exascale supercomputer. The new machine, called El Capitan, will be delivered in 2022 before going online the following year. It’s expected to have a peak performance of more than 1.5 exaflops, meaning it can perform an impressive 1.5 ...
Nvidia claims new breakthroughs in real-time conversational AI
Nvidia Corp. is claiming another big breakthrough in artificial intelligence, this time setting new records in language understanding that could enable real-time conversational AI in a variety of software applications. Nvidia said real-time conversational AI is a must-have for companies that want to build chatbots and virtual assistants that can have conversations with real people ...
Data center storage firm Pavilion Data Systems raises $25M
Data center hardware maker Pavilion Data Systems Inc. is gearing up for expansion after closing on a $25 million round of funding that brings its total amount raised to $58 million. Announced today, the Series C round was led by new investors Taiwania Capitaland and RPS Ventures, with participation from existing investors Kleiner Perkins Caufield ...
ANALYSIS
Activist investor Carl Icahn shakes up Cloudera
The notorious activist investor and billionaire Carl Icahn (pictured) has claimed two seats on Cloudera Inc.’s board of directors just weeks after taking an 18.4% stake in the company. Icahn, who is perhaps best known for trying to block Dell Technology Inc.’s move to become a private company back in 2013, revealed his position in ...
Russia asks Google not to advertise ‘illegal’ protests on YouTube
Russia’s communications watchdog Roscomnadzor has asked Google LLC to stop advertising what it calls “illegal mass events” on its YouTube service. The request comes after “multiple channels” on the platform broadcast live footage of demonstrations against the Russian government at the weekend, Reuters reported Sunday. The demonstrations saw tens of thousands of people take to Moscow’s ...
Dropbox beats earnings estimates but stock falls on slower customer growth
Updated: Shares in cloud storage company Dropbox Inc. took a beating today after it fell short on a key quarterly metric that indicates future growth and reported its slowest growth in paid users since going public. Dropbox’s second-quarter results were pretty good, though. The company reported a profit before certain costs such as stock compensation ...
ANALYSIS
Broadcom acquires Symantec’s enterprise security business for $10.7B
Computer chipmaking company Broadcom Inc. announced Thursday that it’s buying Symantec Corp.’s enterprise security business in a deal valued at $10.7 billion, confirming earlier reports that discussions of an acquisition were at an advanced stage. The acquisition means Symantec will effectively split into two, with Broadcom taking over its portfolio of enterprise security products and ...
