Mike Wheatley
Latest from Mike Wheatley
Serverless computing provider Nuweba raises $10.2M in funding
Serverless computing startup Nuweba Labs Ltd. said today it has raised $10.2 million in an expanded seed funding round. Blumberg Capital led the latest investment, together with Magma Partners and existing investor Target Global. The new funding brings Nuweba’s total amount raised to $15 million, following an earlier $4.2 million seed round in February 2019. ...
New Cisco software aims to help enterprises deliver and monitor apps from edge to cloud
Networking giant Cisco Systems Inc. is boosting its application monitoring capabilities with a new feature for AppDynamics that allows enterprises to map the performance of their most critical business applications. In addition, Cisco announced a new Workload Optimizer tool that can automate the provisioning of each application’s underlying infrastructure in both on-premises and cloud environments. The ...
Rising costs take a bite out of Juniper’s profits
Network infrastructure company Juniper Networks Inc. today posted its fourth-quarter financial results that met Wall Street’s profit targets and just beat expectations on revenue. But that wasn’t good enough for investors. The company reported a profit before certain costs such as stock compensation of 58 cents per share on revenue of $1.21 billion, up 2.3% from a ...
Data science company Iguazio closes on $24M funding round
Data science company Iguazio Systems Ltd. today announced a $24 million round of funding that brings its total amount raised to $72 million. INCapital Ventures led the round, which is an extension of Iguazio’s earlier Series B rounds. Also participating are existing and new investors that include Samsung SDS, Kensington Capital Partners, Plaza Ventures and Silverton Capital ...
DOJ and state attorneys general could join forces in Google antitrust probe
Google LLC is bracing itself for more headaches with the news that U.S. state attorneys general are planning to meet attorneys from the Justice Department this week to share information on their ongoing antitrust investigations into the company. The investigations center on Google’s alleged monopolistic behavior, which officials say could harm consumers because of the ...
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 ...