Mike Wheatley
Latest from Mike Wheatley
Pendo claims ‘unicorn’ status after bagging $100M in new funding
Software application optimization company Pendo.io Inc. is the latest tech unicorn after announcing today it has raised an even $100 million in a late-stage round of funding. The Series E round brings Pendo’s total amount raised to $206 million and sets a valuation of $1 billion. Sapphire Ventures led the round, with participation from new investors General ...
Microsoft unveils two open-source projects for building cloud and edge applications
Microsoft Corp. today open-sourced a couple of new application development tools aimed at making life easier for cloud developers. The new projects include the Open Application Model, which is a specification for building cloud-native apps on Kubernetes, and Dapr, a portable event-driven runtime for building microservices-based apps that can run in the cloud and on ...
Despite Red Hat boost, IBM misses revenue targets
IBM Corp. narrowly missed Wall Street estimates on revenue as it reported third-quarter results today, blaming the shortfall on a weakness in some European markets that hurt sales within its Global Technology Services Unit. The company’s shares fell more than 5% in after-hours trading as a result. IBM reported third-quarter earnings before certain costs such ...
Facebook makes big advances in AI reasoning and machine translation
Facebook Inc. is using its @Scale conference today to provide an update on its progress in artificial intelligence research. The social media company is open-sourcing a new “AI reasoning” platform and providing some updates on its research into machine translation. It’s part of a broad push to scale up AI workloads, a difficult task given the massive ...
Google debuts Security Health Analytics for its cloud platform
Google LLC today launched a new cloud security service that aims to help ensure its customer stay in compliance with any regulations they need to adhere to. Security Health Analytics is a security service that integrates with Google’s Cloud Security Command Center. In a blog post, Google Cloud product manager Kyle Olive said it enables ...
Open-source Delta Lake project moves to the Linux Foundation
Databricks Inc.’s Delta Lake today became the latest open-source software project to fall under the banner of the Linux Foundation. Delta Lake has rapidly gained momentum since it was open-sourced by Databricks in April, and is already being used by thousands of organizations, including important backers such as Alibaba Group Holding Ltd., Booz Allen Hamilton Corp. ...
Red Hat piles up more developers tools in OpenShift 4.2 release
Red Hat Inc. today added some new developer client tools and local development capabilities to its OpenShift container application platform aimed at making software developers more productive. The new tools include ready-to-use OpenShift developer services for Service Mesh, Serverless and Pipelines, as well as a new CodeReady Containers service that brings the power of OpenShift to ...
Intel buys Pivot Technology’s Smart Edge platform
Intel Corp. said today it has agreed to acquire the Smart Edge platform from information technology infrastructure provider Pivot Technology Solutions Inc. The deal is meant to help Intel fulfill its vision of becoming a leader in the emerging edge computing business. “This transaction enhances our ability to address the 5G network transformation with a leading position ...
Amazon’s consumer business ditches Oracle’s databases
Larry Ellison, Oracle Corp.’s executive chairman and chief technology officer, will need to come up with another excuse to take a dig at Amazon Web Services Inc. after his archrival announced it has finally moved off the company’s databases. AWS announced today that Amazon.com Inc.’s consumer business has decommissioned the last of its Oracle databases, ...
Zoom announces customized appliances for videoconference meetings
Videoconferencing software company Zoom Video Communications Inc. is talking up the hardware today at its Zoomtopia 2019 event, announcing partnerships with outside suppliers to develop purpose-built appliances for Zoom Rooms. Zoom is first and foremost a software company. Its core product is Zoom Meetings, which provides a way for business people and others to hold ...