Mike Wheatley
Latest from Mike Wheatley
Cloudera plans to acquire Arcadia Data to add more analytics tools
Big-data company Cloudera Inc. said today it’s planning to acquire Arcadia Data Inc. to add more analytics tools to its platform, shortly after posting second-quarter earnings that easily topped expectations. Arcadia Data sells a business intelligence platform that uses visualizations to make data analysis easier to understand. The platform works directly on unstructured and semistructured ...
Slack stock plunges on bigger-than-expected loss forecast
Updated: Slack Technologies Inc. easily beat earnings expectations for its first quarter since going public, but its guidance for the next quarter and full year came in lighter than expected, causing its stock to plunge more than 13% in after-hours trading. Update: Shares were down only 4% in Thursday trading, on a day when the overall market ...
Containous debuts Maesh, an open-source service mesh for microservices
Cloud-native networking company Containous SAS is open-sourcing a new service mesh that makes it easier for the separate parts of Kubernetes applications to communicate. Containous is the company behind Traefik, a popular cloud-native edge router that automates traffic management over both Kubernetes and Docker Swarm container orchestration environments. Maesh is its latest creation. It’s a ...
ServiceNow adds mobile capabilities to its workflow platform
Cloud automation company ServiceNow Inc. today updated its workflow platform with new mobile capabilities that make it easier for employees to perform a wide range of work-related tasks on the go. ServiceNow’s Now Platform is used to streamline company workflows across a range of separate information technology systems, integrating them in a single platform. The ...
Huawei rages at US government over ‘illegal action’ and ’employee harassment’
China’s Huawei Technologies Co. Ltd. today launched a blistering verbal attack on the U.S. government, accusing officials of taking “illegal action” against both it and its employees. Huawei’s diatribe came via an official Twitter account, where it claimed the U.S. government is “trying to disrupt Huawei’s operations with every tool at its disposal.” The company’s tweets ...
Coupa Software reports record quarterly revenue and its stock jumps
Payments management software company Coupa Software Inc. is riding high today after smashing expectations on its second-quarter earnings. The company reported earnings before certain costs such as stock compensation of 7 cents per share on record revenue of $95 million, up 54% from a year ago. Wall Street had been expecting Coupa to report a loss ...
ANALYSIS
State attorneys general target Google in new antitrust probe
Google LLC will be investigated by more than half of America’s state attorneys general over possible antitrust violations, according to a report today in the Washington Post. The Post cites “three people familiar with the matter” as saying the investigation will be officially announced at a press conference on Sept. 9. It’s not clear if ...
Facebook and MIT are using ‘Minecraft’ to train an AI assistant
Researchers from Facebook Inc. and the Massachusetts Institute of Technology are working together on an artificial intelligence assistant for the popular online video game “Minecraft.” The goal: to create an AI system able to perform a wide variety of tasks, rather than one that’s “superhuman” at a single activity. MIT Technology Review reported today that a team of ...
Workday’s hot streak continues as it beats earnings targets again
Workday Inc. continued its hot streak as it easily topped expectations for its second-quarter financial results. The company, which sells financial management and human capital management software to companies, reported earnings before certain costs such as stock compensation of 44 cents per share on revenue of $887.8 million, up 32% from a year prior. Wall Street was looking ...
ANALYSIS
With record PC revenue, Dell smashes earnings forecasts
Dell Technologies Inc. smashed second-quarter earnings forecasts today thanks to record-breaking revenue from its personal computer business unit. The infrastructure technology giant reported earnings before certain costs such as stock compensation of $2.15 per share on revenue of $23.4 billion, up 2% from a year ago. That was well ahead of Wall Street’s forecasts. Analysts ...