Mike Wheatley
Latest from Mike Wheatley
Nutanix stock crumbles on revenue miss, lower guidance
Updated: Shares of data storage company Nutanix Inc. were in free-fall today after it missed expectations on revenue and posted guidance for the next quarter that was some way short of Wall Street’s forecasts. The company, which sells hyperconverged information technology infrastructure that integrates compute, storage and networking components, reported a third-quarter loss before certain ...
Dell’s stock plunges as server and storage sales slump
Updated: Dell Technologies Inc. is back in the spotlight as a publicly traded company, but some might be wishing it wasn’t after it posted mixed earnings that saw revenue come up short on a decline in infrastructure sales. The company reported fiscal first-quarter earnings before certain costs such as stock compensation of $1.45 per share ...
AWS announces general availability of its document reading service Textract
Amazon Web Services Inc.’s Textract service, which uses machine learning to extract text and data from documents including tables and forms, is now generally available. Textract was first announced during the AWS re:Invent conference in November as one of several new machine learning services designed for use by people with no expertise in the subject. Amazon ...
NXP Semiconductor to acquire Marvell’s wireless business assets
Computer chipmaker NXP Semiconductors NV said today it’s buying Marvell Technology Group Ltd.’s wireless connectivity business unit for $1.76 billion as it steps up its bid to grab more market share in the automotive industry. The transaction is expected to close by the first quarter of 2020, subject to regulatory approvals. Netherlands-based NXP plans to ...
NetApp acquires Israeli data protection startup Cognigo for $70M
Israeli media today reported that data storage company NetApp Inc. has quietly acquired a startup called D.Day Labs Ltd. that does business as Cognigo for about $70 million. NetApp hasn’t said anything officially, but Cognigo confirmed the news itself, first on Twitter and later in a blog posted to LinkedIn by Chief Executive Officer Guy Leibovitz. Cognigo, ...
Salesforce open-sources Lightning Web Components for application development
Salesforce.com Inc. is taking its developer embrace one step further by open-sourcing its Lightning Web Components framework. Lightning Web Components is, as the name suggests, a component-based framework that’s designed to simplify application development for regular business employees who lack programming expertise. It comprises a collection of tools that can be pieced together to build ...
Microsoft to build ‘most sustainable’ data centers ever in Sweden
Microsoft Corp. early today announced plans to develop two new “world-class” data centers in Sweden that it promises will be among the “most sustainable” ever built, completely powered by renewable energy sources with plans for zero-waste operations. The data centers will be located in the cities of Gävle and Sandviken, just north of the capital Stockholm. ...
China’s military is building its own operating system to replace Windows
As political tensions ratchet up between the U.S. and China amid an ongoing trade war that has had some big repercussions on the global technology industry, the Chinese military is reportedly looking to replace Microsoft Corp.’s Windows operating system with its own, internally built OS. The report comes by way of Kanwa Asian Defence, a ...
LinkedIn buys digital identity management firm Drawbridge
Microsoft Corp.-owned LinkedIn Corp. has made another acquisition, buying a digital identity management company called Drawbridge Inc. for an undisclosed price. LinkedIn said today that it plans to use Drawbridge’s technology to improve its Marketing Solutions tools, which are used by marketers to create ads, generate leads and drive website traffic. Founded in 2011, Drawbridge ...
Workday beats earnings targets again but investors not so happy
Updated: Enterprise software company Workday Inc. has extended its positive streak, posting results today that came in above expectations and raising its outlook for the next quarter and full year. The company, which sells financial management and human capital management software, reported first-quarter earnings before certain costs such as stock compensation of 43 cents per share ...