Mike Wheatley
Latest from Mike Wheatley
Elliott Management is reportedly trying to oust Twitter CEO Jack Dorsey
Activist investor firm Elliott Management Corp. is reportedly planning to oust Twitter Inc. Chief Executive Officer Jack Dorsey (pictured) after taking a “sizable stake” in the social media company. Bloomberg, which first reported the news late Friday, said Elliott had plans to “push for changes at the social media company.” The $40 billion hedge fund has ...
Workday financial results again top expectations
Workday Inc. extended its hot streak today, easily beating Wall Street’s expectations on its fourth-quarter results. The company, which sells financial management and human capital management software to large enterprises, reported a profit before certain costs such as stock compensation of 50 cents per share on revenue of $976.3 million, up 23% from a year ago. Subscription ...
After beating earnings target, Pure Storage updates its FlashArray//X product line
Pure Storage Inc. capped off a solid year today as it delivered fourth-quarter results that beat Wall Street’s expectations. The company also updated its main line of FlashArray//X storage appliances today. The company, which sells a range of flash memory-based data storage hardware and software products, reported a profit before certain costs such as stock ...
Oracle has been outed as a donor for the Internet Accountability Project
Database software giant Oracle Corp. has been outed as one of the donors of the Internet Accountability Project, which is a conservative organization that’s been throwing its weight behind a growing call for tougher privacy rules and stronger regulation of big tech companies. The IAP had always refused to say who was funding it, but ...
Nutanix stock tanks on lower sales forecast
Updated: Data center company Nutanix Inc. saw its stock take a hammering today despite beating Wall Street’s targets with its second-quarter financial results. The company, which sells hyperconverged information technology infrastructure that integrates compute, storage and networking components, reported a loss before certain costs such as stock compensation of 60 cents per share on revenue of ...
Box caps off its first full year of profitability
Cloud storage company Box Inc. had lots to celebrate today after capping off its first full year of profitability. The company reported a fourth-quarter profit before certain costs such as stock compensation of 7 cents per share on revenue of $183.6 million, up 12% from a year ago. Wall Street had been looking for a profit of ...
D-Wave launches Leap 2 cloud service for testing quantum applications
D-Wave Systems Inc., a provider of quantum computing systems, software and services, today launched a new cloud service called Leap 2 aimed at helping developers build “hybrid quantum applications” that run on both computing architectures. Leap 2 extends the capabilities of D-Wave’s original Leap Quantum Application Environment service that was launched in 2018 for developers to ...
Dell debuts subscription model for hybrid cloud deployments on VxRail
Dell Technologies Inc. today introduced a new subscription-based offer for hybrid cloud deployments with its Dell EMC VxRail hyperconverged infrastructure appliance. The offer includes the hardware and software, plus services such as support, deployment and asset recovery, that are necessary for rapid hybrid cloud deployments. Dell said the offering is the “fastest hybrid cloud deployment” model in ...
Amazon announces Amazon Common Software for integrating SDKs
Amazon.com Inc. today launched a preview of “Amazon Common Software for Devices,” meant to make it easier for developers to integrate the Amazon Device software development kit with their devices. The software is already running on Amazon devices such as the Echo Dot smart speaker and the Amazon Smart Oven. It helps by streamlining the ...
Salesforce announces co-CEO Keith Block’s departure
Salesforce.com Inc. announced today that it’s making some key leadership changes and acquiring the industry-specific cloud and mobile software provider Vlocity Inc. for about $1.33 billion. The company, which sells customer relationship management software to enterprises, said its co-Chief Executive Officer Keith Block (pictured) is stepping down from the role. His departure means that Marc ...