Mike Wheatley
Latest from Mike Wheatley
NetApp’s stock tanks 21% on revised outlook
Updated: Data storage company NetApp Inc. gave investors a fright today after saying its first-quarter and fiscal 2020 revenue will fall well short of what it had originally forecast. The company, which sells data storage systems and software for hybrid cloud information technology environments, said in its revised outlook that its first-quarter revenue is likely ...
Arista Networks beats earnings target but shares sag
Updated: Shares in cloud networking company Arista Networks Inc. fell slightly in after-hours trading despite solid second-quarter financial results that beat expectations. The company reported earnings before certain costs such as stock compensation of $2.44 per share on revenue of $608.3 million. That was well up from the $519.8 million revenue it reported in the ...
Software listing company Tackle.io adds support for Google and Microsoft clouds
Software sales automation company Tackle.io Inc. is adding support for major public cloud marketplaces, including the Google LLC’s Cloud Platform Marketplace and Microsoft Corp.’s Azure Marketplace and AppSource. Tackle, which already supported Amazon Web Services Inc.’s AWS Marketplace, sells a platform called Upstream that independent software vendors can use to list their software for sale ...
IBM accused of trying to look ‘cool’ by unfairly firing older workers
IBM Corp. has been accused of targeting older employees in several rounds of layoffs in an effort to change its image and come across as being “cool” and “trendy” like rival companies Amazon Web Services Inc. and Google LLC. The accusation was made in a deposition by a former vice president in an ongoing age ...
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Qualcomm suffers as Huawei ban and 5G transition hurt sales
Smartphone chipmaker Qualcomm Technologies Inc. says it’s feeling the heat from the ongoing ruckus between the U.S. and China over trade, with the ban on U.S. firms doing business with Huawei Technologies Co. Ltd. hurting sales. The company today reported third-quarter earnings that beat estimates, but revenue for the period came up short. Guidance for ...
Google beefs up security for physical hardware and personal accounts
Google LLC today announced another round of security updates for large enterprises. The first of the updates, announced at Google’s Cloud Next ’19 conference in Tokyo, relates to physical security measures Google introduced last year with the launch of its Titan security keys. The Titan security keys are a small device that ensures only people ...
Microsoft to retire Skype for Business in favor of Teams in 2021
Microsoft Corp. said Tuesday it will retire its Skype for Business Online meeting and collaboration service in July 2021 in favor of its newer Microsoft Teams product. The company had said in the past that its eventual plan was to ditch Skype for Business as its main tool for business video calls, but had never ...
Google debuts migration tool for its Anthos hybrid cloud platform
Google LLC is advancing its hybrid cloud play with a new tool released today that makes it easier for enterprises to migrate their applications from on-premises and public cloud environments to its Anthos platform. Launched earlier this year, Google Anthos is a hybrid cloud platform that runs atop the Kubernetes container orchestration software. It’s designed ...
Amazon’s text-to-speech service Polly gets a newscaster-style voice
Amazon Web Services Inc. is taking on Google LLC in human voice replication, adding two new features today to Amazon Polly, a cloud-based service that transforms text into lifelike speech and is used to create applications that can talk. The first of the new features is called Neural Text-To-Speech, which Amazon says delivers “significant improvements” ...
Samsung’s profit falls more than 50% amid memory chip supply glut
Samsung Electronics Co. Ltd. said today that its operating profit for the second quarter of this year fell by more than 50% from the same period a year ago, blaming the decline on rapidly falling prices of its flash memory chips. The Korean firm reported an operating profit of 6.6 trillion won ($5.6 billion) in ...