Mike Wheatley
Latest from Mike Wheatley
US considers blocking Huawei’s access to domestic chip technology
The U.S. government is considering further measures targeted at China’s Huawei Technologies Co. Ltd. that would restrict the company’s access to American-made semiconductor equipment. Reuters reported that government officials are considering making changes to the Foreign Direct Product Rule, which places certain foreign-made goods that are based on U.S. technology under domestic regulations. Under the proposed changes, ...
Despite growth, Google and VMware to shed cloud workers
Google LLC and VMware Inc. are both planning to shed a small number of jobs from their respective cloud computing businesses, despite having seen some strong growth in the area in recent months. The job cuts at Google are said to be part of a “reorganization” of the company’s cloud business, officials said in a ...
Sports analytics firm Second Spectrum picks AWS as its preferred cloud infrastructure provider
Amazon Web Services Inc. unveiled its latest marquee customer today: sports analytics provider Second Spectrum Inc., which has selected AWS as its preferred cloud, machine learning and artificial intelligence technology provider. Second Spectrum should be a familiar name for sports fans because it’s the official Optical Tracking and Analytics provider for the National Basketball Association, as well as ...
U.S. charges Huawei with racketeering and stealing trade secrets
The U.S. Department of Justice has charged China’s Huawei Technologies Co. Ltd. and four of its subsidiaries with racketeering and conspiracy to steal trade secrets. The indictment, which was unsealed today, accuses the company of using “fraud and deception” to steal a number of trade secrets from U.S. firms. The new indictment adds to charges filed against ...
Nvidia caps off solid year with record data center revenue
Updated: Nvidia Corp. today posted fourth-quarter financial results that easily beat Wall Street’s expectations, though it was forced to lower its guidance for the next quarter thanks to uncertainties over the coronavirus. Despite that lower forecast, investors overall still liked what they saw. Shares in the maker of computer graphics and artificial intelligence chips rose ...
Android creator Andy Rubin’s smartphone startup Essential is shutting down
Essential Products Inc., the smartphone hardware startup founded by Android creator Andy Rubin, is shutting down. The company said it would cease business operations because it has “no clear path” to delivering its next products to customers. Rubin launched Essential around three years ago amid much fanfare thanks to its concept of a modular next-generation, ...
ANALYSIS
Cisco beats earnings forecast but its stock falls on lower hardware sales
Updated: Cisco Systems Inc. just managed to beat market expectations today with its second-quarter financial results, but its product revenue took a serious hit thanks to declines in application and infrastructure sales. The world’s largest provider of computer networking gear reported a profit before certain costs such as stock compensation of 77 cents per share on ...
Mainframe data management startup Model9 raises $9M
Israeli startup Model9 Ltd., which sells cloud data management services for mainframe users, is hoping to gain a bit more traction after landing $9 million in an early-stage round of funding led by Intel Capital. Stage One, North First Ventures and Glenrock Israel also participated in the Series A round, which brings Model9’s total amount ...
Cybersecurity startup Deep Instinct raises $43M in new round
Cybersecurity firm Deep Instinct Ltd. is hoping to make a name for itself after raising an impressive $43 million in a funding round led by Millennium New Horizons. Unbound, LG Electronics Inc. and Nvidia Corp. also participated in the Series C round announced today. It brings Deep Instinct’s total amount raised to $100 million. Deep ...
ANALYSIS
IBM aims to simplify storage with new FlashSystem family
IBM Corp. is trying to eliminate some of the complexity of data storage with a new family of flash storage products it introduced today to meet the needs of a large array of enterprises, including entry-level, midrange and high-end systems that extend to hybrid and multicloud environments. The new IBM FlashSystem is a family of ...