Mike Wheatley
Latest from Mike Wheatley
Gartner: Led by software, global tech spending will hit $3.8T in 2019
Gartner Inc. today issued another forecast on global information technology spending, saying enterprises will splash out a combined $3.8 trillion on tech hardware, software and services in 2019. That would represent a 3.2 percent increase on IT spending in the previous year, which Gartner puts down to growth in cloud computing, data centers and the ...
US charges Huawei with fraud and trade secret theft from American rivals
China’s largest technology company, Huawei Technologies Co. Ltd., was slapped with criminal charges today by U.S. prosecutors who allege that it committed bank fraud to violate sanctions against doing business with Iran. The telecommunications firm has also been charged with stealing trade secrets from a U.S. rival. The charges, filed late Monday in Brooklyn, are the ...
User engagement analytics firm Contentsquare raises $60M
Contentsquare executives are rubbing their hands with anticipation after the company landed a hefty $60 million round of funding. Announced today, the Series C round was led by private equity firm Eurazeo, and it comes almost a year to the day after the user engagement analytics startup snagged $42 million in a Series B round of funding. Previous ...
SAP NS2 and Google team to deliver secure cloud services to the public sector
SAP SE’s independent U.S. subsidiary SAP National Security Services Inc., which sells software and services for government infrastructure and national security agencies, said Thursday it has formed a new strategic partnership with Google LLC. The alliance between SAP NS2 and Google’s cloud platform will provide advanced cloud and data capabilities for businesses in the public ...
Western Digital earnings come up short, but stock eventually pops anyway
Western Digital Corp.’s stock went on a roller-coaster ride late Thursday after the company posted disappointing fiscal second-quarter results that came in below expectations. The data storage firm reported earnings before certain costs such as stock compensation of $1.45 per share on revenue of $4.2 billion, down from the $5.3 billion revenue it made a ...
Microsoft buys Citus Data to scale out its PostgreSQL services
Microsoft Corp. looks to have made a useful acquisition today with Citus Data Inc., which builds products designed to make the PostgreSQL database faster and more scalable. PostgreSQL is an open-source relational database that comes with useful features such as custom functions for programming languages such as C/C++ and Java. It’s also designed to be more ...
Intel misses revenue targets, and with no new CEO, shares plunge
Intel Corp. delivered a mixed bag as it reported its fourth-quarter financial results late Thursday, beating Wall Street’s expectations on earnings but missing targets with its revenue. The company also set new annual revenue records for each of its business segments, only to see its stock take a hit after delivering light guidance for the next ...
Report: Intel to build massive manufacturing plant in Oregon for new chips
Intel Corp. could be about to break ground on an enormous extension of its D1X research and manufacturing facility in Hillsboro, Oregon, paving the way for mass production of its next-generation seven-nanometer computer chips. A report Monday from The Oregonian cited anonymous sources as saying that construction on the extension will begin by the summer. ...
Facebook open-sources LASER encoder tech for natural language processing
Facebook Inc. has made another key contribution in its quest to accelerate the transfer of natural language processing applications to more languages. The social media giant today open-sourced a new PyTorch tool called LASER, which stands for Language-Agnostic Sentence Representations. With LASER, Facebook is trying to create a kind of mathematical representation that can encapsulate and ...
Google led record-breaking tech industry lobbying blitz in 2018
Five of the biggest technology giants in the U.S. spent a combined $64.3 million on lobbying government officials in 2018, in a year that was notable for numerous congressional hearings, accusations of Russian interference in elections and the increased pressure heaped on the companies over issues such as privacy. Alphabet Inc.’s Google LLC was the ...
