Mike Wheatley
Latest from Mike Wheatley
Apple acquires computer vision-related patents from failed startup Lighthouse AI
Apple Inc. could be looking for ways to implement home security features into its products after buying up a number of related patents from a failed artificial intelligence startup called Lighthouse AI Inc. IAM reported today that Apple acquired the patents sometime last year, but the details have only recently been published in the U.S. Patent ...
Comcast buys AI-based cybersecurity firm BluVector
Telecommunications giant Comcast Corp. announced at the RSA Security conference Monday it’s acquiring a cybersecurity startup called BluVector Inc. BluVector sells products that help enterprises to detect and analyze potential security threats to their information technology infrastructure. The company, which was spun off two years ago from the defense contractor Northrop Grumman Corp., uses artificial ...
Report: Huawei plans to sue US government over equipment sales ban
China’s Huawei Technologies Co. Ltd. is preparing to file a lawsuit against the U.S. government over a decision to ban it from seeking government contracts. The lawsuit relates to an addition to the U.S. National Defense Authorization Act that went into effect last year, the New York Times reported today. The updated act prevents U.S. government agencies ...
Salesforce stock drops on poor first-quarter guidance
Updated: Salesforce.com Inc. saw its stock fall almost 3 percent in after-hours trading today on weaker-than-expected guidance for its new quarter. The disappointing forecast took the gloss off what was otherwise an excellent fiscal fourth-quarter performance that easily beat Wall Street’s expectations. The company, which sells customer relationship management software in the cloud, also posted ...
Automation Anywhere debuts free version of its robotic process automation suite
Robotic process automation company Automation Anywhere Inc. is releasing a free-to-use Community Edition of its software in what looks like an effort to showcase the merits of its platform to a wider audience. Automation Anywhere is one of the biggest and best-funded of a clutch of RPA startups that have emerged in recent years. RPA ...
Wall Street darling Splunk easily tops earnings estimates
Big data analytics company Splunk Inc. further enhanced its reputation as one of Wall Street’s darlings today, reporting fourth-quarter earnings that easily topped estimates. The company, which sells data analytics software that helps enterprises to make more informed business decisions, today posted a profit before certain costs such as stock compensation of 93 cents per share. ...
Workday chalks up another successful quarter as subscription revenue grows
Enterprise software company Workday Inc. rounded out a solid year of progress today as it reported fourth-quarter earnings that easily surpassed expectations. The company, which sells human capital management and enterprise financial software and competes with the likes of Oracle Corp. and Salesforce.com Inc., posted earnings before certain costs such as stock compensation of 41 ...
Investors flee storage upstart Nutanix after mixed earnings results
Updated: Shares in data storage companies Nutanix Inc. and Pure Storage Inc. took a beating Thursday after each posted quarterly results that left shareholders scrambling for the exits. The greatest misfortune fell upon Nutanix. The company was left reeling as its stock plunged more than 22 percent in after-hours trading thanks to dismal guidance for its ...
XYO Network to sell its location data apps and services on Microsoft Azure
Blockchain-powered location network company XYO Network today said it will make its applications and services available on Microsoft Corp.’s Azure cloud. XYO operates a comprehensive location network that’s enabled by data from devices such as smartphones, tablets, smart appliances and connected cars. The network is meant to provide “high accuracy, real-time location data” that’s validated by ...