Mike Wheatley
Latest from Mike Wheatley
Cloud contact center firm Five9 beats earnings forecasts again
Cloud-based call center software company Five9 Inc. today posted a 15th consecutive quarter of positive cash flow after smashing earnings forecasts in its third-quarter financial results. The company reported a profit before certain costs such as stock compensation of 20 cents per diluted share on revenue of $83.8 million. Wall Street had forecast a 15-cent profit on revenue of ...
New Relic stock falls despite solid earnings beat
Application and DevOps monitoring company New Relic Inc. saw its shares fall almost 4% in after-hours trading today despite posting second-quarter financial results that beat expectations on earnings and revenue. The company reported a profit before certain costs such as stock compensation of 24 cents per diluted share on revenue of $145.8 million, up from ...
Google makes its Cloud AutoML service available on Kaggle
Google said today it’s bringing its Cloud AutoML service for training machine learning algorithms to Kaggle, its online community for data scientists. Cloud AutoML is a cloud-based toolkit that provides a drag-and-drop interface for training AI models. Using the software, it’s possible to create customized machine learning models without any specific technical knowledge of the subject. ...
Microsoft announces upcoming private preview of Azure Quantum service
Microsoft Corp. took the wraps off of its quantum computing strategy today, announcing an upcoming service called Azure Quantum that aims to mix and match the best bits of classical computing with the new architecture. “With all the capacity we have around computing, we still have many unsolved problems, whether it’s around food safety, or climate change, ...
Volterra exits stealth with $50M to tackle distributed apps
Startup Volterra Inc. is exiting stealth mode today backed by more than $50 million in funding, with a mission to help enterprises distribute their applications across public and private clouds and the network edge. Volterra has built a software-as-a-service based infrastructure platform that it says provides a “consistent, cloud-native environment that can be deployed across ...
Microsoft’s Power Platform gets new tools to automate business processes
Microsoft Corp. announced some important updates to its Power Platform that combines its application development and connectivity services with business intelligence tools. The updates, announced today at Microsoft Ignite 2019 in Orlando, Florida, along with a large number of other new services, are all about making it easier for companies to automate manual business processes, ...
Microsoft expands hybrid cloud footprint with Azure Arc and more
Microsoft Corp. is expanding its hybrid cloud capabilities with the launch of a raft of new services this morning at its Ignite 2019 conference. The most important may be Azure Arc, available in preview starting today. It was announced at the weeklong conference in Orlando, Florida, where Microsoft Chief Executive Satya Nadella (pictured) laid out the ...
Microsoft launches new Q&A forum in preview to replace TechNet and MSDN
Microsoft Corp. will replace its popular TechNet and Microsoft Developer Network support forums with a new service called “Microsoft Q&A” that’s likely to be up and running by the middle of next year. The new forum was launched earlier this week in preview, according to a document posted by Microsoft this week that was first ...
Report: Alibaba could launch Hong Kong IPO in November
Alibaba Group Holding Ltd. is looking at reviving its plans for an initial public offering in Hong Kong this year, albeit at a reduced price of $10 billion to $15 billion, according to reports from Bloomberg and Reuters. The company had originally planned to list in Hong Kong in August with the aim of raising ...
Amazon Web Services to expand into Spain with new cloud region
Amazon Web Services Inc. today announced an expansion into Spain with a new cloud infrastructure region that’s set to open in late 2022 or early 2023. The region will be the company’s seventh in Europe, alongside existing facilities in Dublin, Frankfurt, London, Paris, Stockholm and another upcoming region in Milan. Amazon said the Spain region will ...