Mike Wheatley
Latest from Mike Wheatley
New Relic beats earnings targets but not by enough to please investors
Software analytics company New Relic Inc. is claiming a good start to its fiscal 2019 after posting first-quarter earnings that came in above analysts’ estimates. The San Francisco-based firm today reported earnings before certain costs such as stock compensation of 15 cents per share on revenue of $108.2 million, up 35 percent from a year ago. ...
Hortonworks’ stock jumps as it easily beats earnings targets
Big data company Hortonworks Inc. has pulled yet another successful quarter out of the bag with earnings that easily surpassed analysts’ estimates, sending its share price soaring in after-hours trading. Hortonworks, which distributes an enterprise-grade version of the Apache Hadoop software platform as well as other open source software, today reported a second-quarter loss before certain ...
Evolute debuts software container migration platform
Software container company Evolute Inc. is the latest in a long line of startups aiming to tackle the challenge of migrating legacy applications to more modern information technology infrastructure. The company is launching a new software platform today that it said can quickly and reliably migrate software applications across computing environments up to 10 times faster ...
Apple is planning a new strategy for India based on better deals and improved apps
Apple Inc.’s failure to win over the Indian audience with its iPhones has been well-documented over the years. The company has struggled to win any significant market share in the world’s second-largest market for smartphones, and it recently lost three of its highest-ranking executives in the country. However, a report in Bloomberg Monday said Apple ...
Facebook open-sources Fizz, a new method of securing traffic across the web
Facebook Inc. said today it’s open-sourcing a new library it created for the Transport Layer Security protocol, which is designed to help developers protect their data as it traverses the internet. The social media giant said it’s making the code for Fizz, a TLS 1.3 library written in C++14, available on GitHub for anyone to use. TLS is ...
Twilio’s stock jumps 19% as it easily beats earnings estimates
Twilio Inc. is rocking it with another positive earnings report today that brought it to the verge of profitability, sending its stock soaring in after-hours trading. The company posted second-quarter earnings before certain costs such as stock compensation of 3 cents per share on revenue of $147.8 million, up 54 percent from the same period ...
CLOUD SPECIAL REPORT
Google explains how its Shielded VMs enable better cloud security
Google LLC is sharing more information about a new security feature for its cloud platform it announced during last month’s Cloud Next cloud conference. Google provided scant details when it launched “Shielded VMs” in beta test, other than to say it was a suite of security tools and techniques to ensure that when virtual machines ...
SAP adds more AI capabilities to its S/4HANA Cloud database
Business operations software company SAP SE is updating its S/4HANA Cloud database product with new artificial intelligence-powered capabilities for customers in the manufacturing and professional services industries. The new features in the SAP S/4HANA Cloud 1808 release are aimed at reducing the total cost of ownership of its customer’s information technology infrastructure, enabling faster decision-making ...
India considers new rules that would force internet firms to store data in-country
India’s government is said to be considering a sweeping new data privacy bill similar to the General Data Protection Regulation in Europe that would force major internet companies such as Google LLC and Facebook Inc. to store data on its 1 billion-odd citizens at facilities within the country. The bill, which is said to have ...
AWS intros Device Defender service for IoT security
Amazon Web Services Inc. is upping its game in “internet of things” security with Thursday’s launch into general availability of a new fully managed service that audits IoT devices for suspicious activity. The AWS IoT Device Defender service works by auditing and monitoring fleets of connected devices to make sure they always remain in compliance ...