Mike Wheatley
Latest from Mike Wheatley
Atlassian stock leaps on strong subscription revenue growth
Enterprise productivity software provider Atlassian Corp. Plc. has made a solid start to the year, posting fiscal second-quarter financial results today that easily beat expectations. The results were boosted by strong growth in subscription revenue and helped the company’s stock jump almost 10% in after-hours trading. The company reported a profit before certain costs such ...
Broadcom signs multibillion-dollar deals to supply Apple with wireless components
Computer chipmaker Broadcom Inc. said Thursday it has inked two separate, multiyear deals with the iPhone maker Apple Inc. to provide it with high-performance wireless components and modules. Broadcom said the new deals are in addition to an existing agreement it has with Apple to provide it with certain radio-frequency components that are also used ...
Intel’s stock jumps 8% on stronger-than-expected earnings
Updated: Shares of Intel Corp. jumped gain more than 8% Friday after the chipmaker posted solid fourth-quarter financial results Thursday that beat expectations on both profit and revenue. The company reported earnings before certain costs such as stock compensation of $1.52 per share on revenue of $20.2 billion, up 8% year-over-year. That was far better than ...
Microsoft to open its first Israeli cloud region in 2021
Microsoft Corp. said today it will open its first cloud region in Israel next year, bringing its total number of announced cloud regions to 56 across 21 countries. When Microsoft talks about its cloud regions, it’s referring to one or more data centers deployed within a latency-defined perimeter and connected through a dedicated regional low-latency ...
Forrester study highlights benefits of Google Anthos hybrid cloud app platform
Google LLC today highlighted the findings of a recent study by Forrester Research Inc. on the impact of its Google Anthos application platform, revealing some major financial benefits for early adopters of the service. Launched last year, Google Anthos runs atop the open-source Kubernetes container orchestration software. It’s designed to host applications that can run ...
Container security startup Sysdig raises $70M in late-stage funding round
Container security startup Sysdig Inc. said today it has bagged a hefty $70 million in a round of funding that brings its total capital raised to $206 million. Insight Venture Partners led the Series E round, which also included participation from previous investors Bain Capital Ventures and Accel and new investors Glynn Capital and Goldman ...
VMware to acquire AI-based network analytics startup Nyansa
Virtualization software giant VMware Inc. announced late Tuesday its intent to acquire networking analytics startup Nyansa Inc. for an undisclosed price. VMware said it’s buying Nyansa chiefly for its “AIOps platform,” called Nyansa Voyance, which consolidates networking telemetry from various hardware providers and funnels it into a single dashboard for easy analysis. The approach does ...
AWS Outposts hybrid cloud service now available in 7 new regions
Amazon Web Services Inc. said today that its AWS Outposts hybrid cloud service is now available in seven new regions, including Canada, Bahrain, Singapore and Hong Kong. Announced during the company’s re:Invent conference in late 2018, Outposts extends native AWS or VMware Cloud on AWS deployments to customers’ own data centers, effectively giving them an ...
Warehouse robotics firm Berkshire Grey raises $263M in new funding
Robotics company Berkshire Grey Inc. has closed on a massive $263 million funding round announced today that underscores how lucrative the market for warehouse automation could be in the coming years. SoftBank Group Corp. led the Series B round, in which Khosla Ventures, New Enterprise Associates and Canaan also participated. Berkshire Grey, which emerged from stealth in ...
Developer-first security firm Snyk raises $150M funding round
U.K cybersecurity startup Snyk Ltd. is the latest tech “unicorn” after bagging $150 million in a funding round led by New York-based growth equity firm Stripes. The Series C funding, announced today, brings Snyk’s total amount raised to date to $250 million and puts its value north of $1 billion, cementing its unicorn status. Founded in 2015, ...