Mike Wheatley
Latest from Mike Wheatley
Samsung’s profits ‘bottom out’ on low demand for its memory chips
Samsung Electronics Co. Ltd. said it’s expecting to report third-quarter profits of 7.7 trillion won ($6.4 billion) on revenue of 62 trillion won at the end of the month. The profit forecast is well above market expectations of 6.99 trillion won, but would still represent a 56% decline from the same period a year ago, ...
Samsung announces 12-layer packaging technology for computer memory chips
Samsung Electronics Co. Ltd. said today it has managed to squeeze an extra four layers onto its current eight-layer High Bandwidth Memory-2 products. High Bandwidth Memory-2 is a kind of memory interface used in 3D-stacked dynamic random access memory for graphics processing units, computer servers, high-performance computing and networking. The new packaging technology, called 12-layer ...
HP announces massive layoffs and a new printing business plan
Struggling computer and printer maker HP Inc. is planning to cut between 7,000 and 9,000 jobs over the next three years as part of a major new restructuring of its business. Enrique Lores, who is set to take over as HP’s new president and chief executive officer next month, announced the plan during the company’s ...
Intel and Brown University research will use AI to treat spinal cord injuries
Researchers from Brown University and Intel Corp. are working together to develop new artificial intelligence-based technologies aimed at helping victims of spinal injuries walk again. When someone suffers an injury to the spinal cord, the electrical signals from the brain can no longer pass to the muscles, which leads to paralysis. Such injuries are devastating ...
No-code application development startup Unqork raises $80M in new round
“No-code” application development company Unqork Inc. is hoping to make a bigger splash in the enterprise after landing a chunky $80 million in a new round of financing today. CapitalG, a growth equity investment fund owned by Google LLC parent Alphabet Inc., led the Series B round, which also saw the participation of existing investors. ...
ANALYSIS
Samsung closes its last smartphone factory in China
Samsung Electronics Co. Ltd. has shut down its last smartphone factory in China amid intensifying competition from local rivals and a rise in labor costs in that country. Samsung’s decision to pull out of China wasn’t unexpected, since the company had already cut production at its last factory in Huizhou in June and suspended operations ...
Google debuts Action Blocks to make smartphones more accessible
Google LLC has unveiled a new accessibility tool in the making called Action Blocks, which enables Android smartphone users to create shortcuts for various multistep tasks that can be performed with the help of Google Assistant. Action Blocks enable users to kick off those actions with a simple tap on a home screen shortcut. The ...
Oracle buys CrowdTwist to help boost customer loyalty
Oracle Corp. today said it has bought a startup called CrowdTwist Inc. in order to enhance its Customer Experience Cloud. CrowdTwist is a maker of a “customer loyalty” platform for marketers, and the plan is to integrate this with Oracle’s Responsys, Eloqua and CX Unity platforms. Oracle said doing so will make it easier to tailor its ...
Box debuts new security controls, other enhancements to workflow automation tools
Cloud storage company Box Inc. is using its annual BoxWorks conference as a launchpad for its new Box Shield as well as enhancements in Box Relay, helping users secure their most important data and collaborate more easily on various projects. First up today is Box Shield, which is an add-on service built into Box’s content management suite ...
Kong acquires Insomnia to offer new API testing capabilities
Application programming interface management company Kong Inc. today updated its core platform and introduced a new product based on technology obtained from a startup called Floating Keyboard Software Inc. Kong’s main product is its Service Control Platform, which enables end-to-end service lifecycle management, from preproduction to postproduction, to support customers building and managing innovative applications and ...