Mike Wheatley
Latest from Mike Wheatley
Facebook adds Dropbox CEO Drew Houston to its board
Facebook Inc. today announced it has appointed Dropbox Inc. Chief Executive Officer Drew Houston to its board of directors. Houston (pictured), who is said to be a close personal friend of Facebook founder and CEO Mark Zuckerberg, co-founded Dropbox in 2007 alongside his fellow MIT student Arash Ferdowsi. As a member of Facebook’s board of ...
Microsoft Teams went offline for 3 hours this morning
Microsoft Corp. was left with egg on its face today after an outage took its Microsoft Teams communications platform offline for around three hours this morning. Microsoft Teams, a messaging platform that offers chat, video meetings and file storage, is widely used by business workers as their primary collaboration tool. But today, users trying to sign into ...
Oracle expands its cloud footprint with 5 new regions
Database giant Oracle Corp. revealed today that it has five new cloud regions up and running. They include a new region in Jeddah, which makes Oracle the first public cloud infrastructure company to offer data centers in Saudi Arabia. The other new regions have opened in Melbourne, Osaka, Montreal and Amsterdam. Oracle said it ultimately hopes ...
Intel dumps its Nervana neural network processors for Habana’s AI chips
Intel Corp. has decided to end development work on its Nervana neural network processors and will instead focus its efforts on the artificial intelligence chip architecture it acquired when it bought out Habana Labs Ltd. for $2 billion in December. The news was revealed Friday by Moor Insights & Strategy analyst Karl Freund in an article ...
OpenLegacy raises $20M to help businesses modernize legacy applications
Application modernization startup OpenLegacy Inc. has raised $20 million to help it pursue its mission of helping financial services companies move their information technology infrastructures into the cloud-native era. Japan’s SBI Holdings Inc. was the sole investor in the latest round, announced late last week. It brings OpenLegacy’s total funding to date to $70 million. ...
Western Digital buoyed by improving flash market
Data storage company Western Digital Corp. benefited from an improving flash market and stronger demand for its hard drives to deliver second-quarter financial results today that topped Wall Street’s expectations. The company reported a profit before certain costs such as stock compensation of 62 cents per share on revenue of $4.23 billion. Wall Street was looking for ...
ANALYSIS
IBM has a new CEO: Arvind Krishna to replace retiring Ginni Rometty
Shares in IBM Corp. are up almost 4% late today after the company announced that its long-serving Chief Executive Officer Ginni Rometty will retire, to be replaced by veteran IBM executive Arvind Krishna. In addition, Jim Whitehurst, former CEO of the recently acquired Red Hat Inc., will take over as IBM’s president. The changes will ...
Google Translate to add real-time transcription feature
Google Translate will get a new feature before long that will enable it to translate people’s speech into another language and then transcribe it in real time. “Your mobile phone effectively turns into a language translator for long-form speech,” Sami Iqran (pictured), product manager for Google Translate, told SiliconANGLE in an interview at a press ...
Mozilla aims to make money from its Thunderbird email client
Struggling nonprofit organization The Mozilla Foundation will try to squeeze some revenue out of its open-source Thunderbird email client after moving the project to a new subsidiary called MZLA Technologies Corp. Mozilla said this week that Thunderbird will remain both free and open-source, but the move away from the Foundation to a corporate entity suggests ...
ServiceNow stock jumps 8% on stronger-than-expected earnings
Wrapping up its first quarter under new Chief Executive Officer Bill McDermott, ServiceNow today posted results that beat expectations on both profit and revenue. The company reported fourth quarter earnings of 96 cents per share on revenue of $951.8 million, up 33% from the same period a year ago. That handily beat Wall Street’s forecast ...