Mike Wheatley
Latest from Mike Wheatley
Intercontinental Exchange Inc., which owns the New York Stock Exchange, is reportedly considering a multibillion-dollar bid to take over eBay Inc. in a move that could value the company at more than $30 billion. The Wall Street Journal said today that ICE has been …
Container-attached storage startup MayaData raises $26M
Container storage startup MayaData Inc. wants to see more rapid adoption of the open-source OpenEBS project it leads after securing $26 million in funding today from investors including AME Cloud Ventures, DataCore Software and Insight Partners. OpenEBS is a cloud native storage …
Facebook adds Dropbox CEO Drew Houston to its board
Facebook Inc. today announced it has appointed Dropbox Inc. Chief Executive Officer Drew Houston to its board of directors. Houston (pictured), who is said to be a close personal friend of Facebook founder and CEO Mark Zuckerberg, co-founded Dropbox in 2007 alongside …
Microsoft Teams went offline for 3 hours this morning
Microsoft Corp. was left with egg on its face today after an outage took its Microsoft Teams communications platform offline for around three hours this morning. Microsoft Teams, a messaging platform that offers chat, video meetings and file storage, is widely used by business …
Oracle expands its cloud footprint with 5 new regions
Database giant Oracle Corp. revealed today that it has five new cloud regions up and running. They include a new region in Jeddah, which makes Oracle the first public cloud infrastructure company to offer data centers in Saudi Arabia. The other new regions …
Intel dumps its Nervana neural network processors for Habana’s AI chips
Intel Corp. has decided to end development work on its Nervana neural network processors and will instead focus its efforts on the artificial intelligence chip architecture it acquired when it bought out Habana Labs Ltd. for $2 billion in December. The news …
OpenLegacy raises $20M to help businesses modernize legacy applications
Application modernization startup OpenLegacy Inc. has raised $20 million to help it pursue its mission of helping financial services companies move their information technology infrastructures into the cloud-native era. Japan’s SBI Holdings Inc. was the sole investor in the latest round, announced …
Western Digital buoyed by improving flash market
Data storage company Western Digital Corp. benefited from an improving flash market and stronger demand for its hard drives to deliver second-quarter financial results today that topped Wall Street’s expectations. The company reported a profit before certain costs such as stock compensation of 62 …
IBM has a new CEO: Arvind Krishna to replace retiring Ginni Rometty
Shares in IBM Corp. are up almost 4% late today after the company announced that its long-serving Chief Executive Officer Ginni Rometty will retire, to be replaced by veteran IBM executive Arvind Krishna. In addition, Jim Whitehurst, former CEO of the recently …
Google Translate to add real-time transcription feature
Google Translate will get a new feature before long that will enable it to translate people’s speech into another language and then transcribe it in real time. “Your mobile phone effectively turns into a language translator for long-form speech,” Sami Iqran (pictured), …