Mike Wheatley
Latest from Mike Wheatley
Visual effects powered by Nvidia set for Oscars recognition
Nvidia Corp.’s artificial intelligence technology is shaping up to be Hollywood’s next big star, with two of the biggest movies from last year nominated for Oscars in the 2020 Academy Awards’ visual effects category this weekend. Netflix Inc.’s “The Irishman” and Marvel Studios LLC’s “Avengers: Endgame” relied extensively on AI technology to enhance the stunning ...
Intercontinental Exchange says it won’t buy eBay after all
New York Stock Exchange operator Intercontinental Exchange Inc. said today it’s giving up its short-lived pursuit of eCommerce company eBay Inc. after several of its investors voiced opposition to the move. Rumors emerged Tuesday that ICE was considering a multibillion-dollar bid to acquire eBay, which has come under strong pressure from activist investors for its ...
Fortinet beats the Street with strong financial results, Forescout misses
Shares in cybersecurity firm Fortinet Inc. stayed flat late today despite the company reporting fourth-quarter financial results that comfortably beat Wall Street’s expectations. The company, which sells tools that simplify operations for organizations with a large number of breach prevention systems, reported a profit before certain cost such as stock compensation of 76 cents per share ...
Twilio beats earnings forecasts but its stock falls on lower guidance
Cloud communications services provider Twilio Inc. surpassed the $1 billion annual revenue mark for the first time as it delivered its fourth-quarter and full-year financial results today, but the achievement was overshadowed by disappointing guidance. The company easily beat Wall Street’s projections, posting a profit before certain costs such as stock compensation of 4 cents per share ...
Qualcomm beats earnings targets but 5G transition may take time to get in gear
Smartphone chipmaker Qualcomm Inc.’s stock is down slightly today despite beating expectations on both earnings and revenue in its fiscal first quarter. The company reported earnings before certain costs such as stock compensation of 99 cents per share on revenue of $5.05 billion, up 5% from a year ago. That was better than Wall Street ...
CIA reportedly seeking to hire multiple providers for new cloud computing contracts
The Central Intelligence Agency is planning to adopt a multicloud strategy to hire multiple cloud infrastructure providers under a new project called the Commercial Cloud Enterprise initiative. The initiative is meant to help the CIA expand the cloud computing capabilities it gained when it awarded a $600 million contract to Amazon Web Services Inc. back ...
Google Glass Enterprise 2 headset now available for direct purchase
Google LLC said today that developers and businesses can now buy its Glass Enterprise Edition 2 headset directly from its partners. Up to now, the only for businesses to get their hands on a pair of Google’s tech specs was to work with its partners to build a customized version of the device, which retails ...
New Relic stock tanks on lower-than-expected earnings
Application and DevOps monitoring company New Relic Inc.’s stock lost more than 12% of its value today after reporting third-quarter financial results that left investors feeling decidedly underwhelmed. The company reported earnings before certain costs such as stock compensation of 9 cents per share on revenue of $153 million, up from the $124 million revenue ...
Report: Intercontinental Exchange is interested in buying eBay
Intercontinental Exchange Inc., which owns the New York Stock Exchange, is reportedly considering a multibillion-dollar bid to take over eBay Inc. in a move that could value the company at more than $30 billion. The Wall Street Journal said today that ICE has been discussing a potential offer with eBay executives for quite a while, though there ...
Container-attached storage startup MayaData raises $26M
Container storage startup MayaData Inc. wants to see more rapid adoption of the open-source OpenEBS project it leads after securing $26 million in funding today from investors including AME Cloud Ventures, DataCore Software and Insight Partners. OpenEBS is a cloud native storage platform that provides persistent and highly scalable block storage for container environments, which ...