Mike Wheatley
Latest from Mike Wheatley
Cloudflare stock tumbles on bigger loss despite strong early gains
Network security firm Cloudflare Inc. saw its stock tumble in after-hours trading Thursday, wiping out some impressive gains it made earlier in the day. The fall came after it posted a wider loss in the quarter compared with the same period one year ago, even though it topped Wall Street’s estimates. Cloudflare’s shares were down almost ...
Dropbox beats expectations as it records its first quarterly profit
Cloud storage company Dropbox Inc.’s stock rose more than 3% late today after it reported first-quarter financial results that beat expectations. The company said its performance was boosted by an increase in users and engagement since the onset of the COVID-19 pandemic. The provider of file-sharing services reported a profit before certain costs such as stock compensation of ...
AWS files another protest over JEDI cloud computing contract award
Amazon Web Services Inc. is stepping up its protest of the Joint Enterprise Defense Infrastructure cloud contract award, asking the U.S. Department of Defense for more clarity around corrective action it has proposed taking. The company filed a second, concurrent bid protest directly with the DOD Monday, though it hasn’t been made public yet. The ...
Box adds new features for remote workers
Cloud content management and collaboration company Box Inc. is revamping its product to help remote workers at a time when more people than ever are working from home. The company today announced an “All-New Box experience” that makes it easier for people to organize their files, annotate documents in preview mode and collaborate with their ...
How Google is using AI to help fight COVID-19
Like many big tech firms, Google has been trying to help combat the spread of the coronavirus in several ways. Examples include making its communication tool Google Meet free for everyone to use and working with Apple Inc. and the U.S. government to help build a decentralized coronavirus tracking system that can notify people if they ...
Twilio stock jumps 25% on strong earnings results
Cloud communications services provider Twilio Inc. saw its stock jump almost 25% in after-hours trading today after posting fiscal first quarter financial results and guidance for the next period that blew past analysts’ forecasts. The company’s stock is now at a new all-time high, surpassing its record $149.95 close in July 2019. For the first ...
Google sets date to launch delayed Android 11 in beta: June 3
Google LLC’s Android team today announced Android 11’s new launch date — June 3, a month later than originally expected — and said the revamped operating system will be available to download in beta test mode early next month. Android is an open-source, mobile operating system developed by Google that powers more than 2.5 billion ...
Google’s latest Flutter and Dart releases are all about performance and speed
Google LLC today pushed out a major update to its open-source Flutter framework that’s used to build applications that can run on multiple computing platforms. The company has also updated Dart, a client-optimized programming language created by Google that’s used to write mobile, desktop, server and web applications. Flutter is a framework that’s used by ...
Arista Networks tops earnings expectations but guidance is light
Cloud networking company Arista Networks Inc. today beat expectations with its fiscal first-quarter earnings report despite seeing its revenue decline steeply from a year ago. The company reported a profit before certain cost such as stock compensation of $2.01 per share on revenue of $523 million, down 12% from the same period a year ago. That was still ...
Splunk Cloud analytics platform lands on Google Cloud in beta
Splunk Inc. is bringing its big-data analytics platform to Google Cloud and integrating it with a number of Google Cloud services to enable enterprises to get more actionable insights from their data and drive faster decision-making. Splunk Cloud is a version of Splunk’s main Data-to-Everything platform, delivered as software-as-a-service. The software is used by enterprises to ...