Mike Wheatley
Latest from Mike Wheatley
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 ...
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 ...