Mike Wheatley
Latest from Mike Wheatley
Lyft ups price target for its oversubscribed IPO
Ride sharing firm Lyft Inc. is planning to boost the price range of its initial public offering as investors scramble to grab a share of the promising company. Reuters reported that Lyft, which competes against the much larger and also IPO-bound Uber Technologies Inc. has decided to raise its IPO price range to $70 to ...
Cloudera steps up its edge data game with new management tools
Big-data company Cloudera Inc. today announced its first new product since the completion of its merger with former rival Hortonworks Inc., targeting workloads at the so-called network edge. Edge data generally refers to information that’s created by “internet of things” devices and sensors. The idea behind Cloudera’s new edge data management tools is to help companies ...
Adobe and Microsoft announce data sharing experience for marketers
Adobe Inc. and Microsoft Corp. are strengthening their existing relationship with a deeper product integration that suggests both companies are gunning for Salesforce.com Inc. All about sales and marketing, the integration announced today will see the companies share data from platforms such as Marketo, Microsoft Dynamics 365 for Sales and LinkedIn. Marketo Inc. was an ...
Samsung issues another profit warning amid weak demand for memory chips
Amid a decline in prices for memory chips and slowing demand for display panels, Samsung Electronics Co. Ltd. today issued another profit warning, saying Monday it’s likely to miss its targets for the first quarter of 2019. The surprise announcement is the latest sign that technology firms are feeling the heat from a global economic slowdown. ...
Apple/Qualcomm legal ruling could result in US iPhone ban
A fresh ruling in Apple Inc.’s ongoing legal tussle with Qualcomm Technologies Inc. could result in some iPhone models being banned from the U.S. In a ruling today, International Trade Commission Judge MaryJoan McNamara found Apple guilty of infringing on two of Qualcomm’s patents relating to data download speeds and power management. As a result, some ...
Adobe’s customer experience management platform now generally available
Adobe Inc. is updating its cloud-based customer experience management tools with the launch into general availability of its Adobe Experience Platform. Called Adobe Experience Platform, it’s intended to break down data silos across large organizations, enabling them to use that information to create more accurate and in-depth customer profiles. The idea is that enterprises will be ...
Salesforce partner Vlocity raises $60M in Series C funding round
Salesforce.com Inc. partner Vlocity Inc. is getting another dose of venture capital, raising $60 million in new funding. The Series C round was led by Sutter Hill Ventures and Salesforce Ventures, with participation from new investor Bessemer Venture Partners and existing strategic investors Accenture and New York Life. It brings Vlocity’s total capital raised to ...
Kubernetes 1.14 release adds support for Windows containers in production
Red Hat Inc. today announced the latest release of Kubernetes, adding support for containers running on Windows nodes. Kubernetes 1.14 therefore elevates Microsoft Corp.’s operating system to a first-class citizen in container environments, which are used to build software applications that can run on any platform. Kubernetes, the most popular container orchestration platform for managing those ...
IBM-bound Red Hat reports mixed earnings results
Open-source software giant Red Hat Inc. delivered mixed fourth-quarter results in what should be one of its last earnings reports. The company, which is being acquired by IBM Corp. in a $34 billion deal that should close in the second half of this year, beat Wall Street’s expectations on profit but fell short on revenue. Red ...
Oracle reportedly axes hundreds or more staff from its engineering teams
Oracle Corp. has reportedly axed hundreds of its engineering staff worldwide amid an organizational restructuring that’s meant to help the company refocus on its cloud infrastructure operations. IEE Spectrum reported Friday that the total number of staff cut could exceed “thousands worldwide,” with up to 10 percent of Oracle’s staff affected, though lower estimates suggest a ...