Mike Wheatley
Latest from Mike Wheatley
MongoDB’s shares jump as it crushes earnings expectations
Update: Database company MongoDB Inc. crushed expectations today with blowout fourth-quarter earnings that sent its stock price soaring in after-hours trading. Several major technology firms have posted disappointing results in the current earnings season, but MongoDB went against the trend, easily beating forecasts on profit, revenue and guidance. The company, which sells a document-oriented database ...
IBM claims a quantum leap in machine learning
IBM Corp. researchers reckon they’ve come up with new algorithms capable of enabling advanced machine learning on quantum computers. In a paper published today on arXiv, a repository for non-peer-reviewed academic papers, IBM’s research team describes how it has created a “quantum algorithm” that enables such computers to perform “feature mapping” at a scale that ...
Google opens up its sixth European cloud region in Zurich
Google LLC Tuesday announced the opening of its sixth European cloud region, its 19th worldwide. Located in Zurich, Switzerland, the new region consists of three availability zones, which means it’s made up of three independent data centers. In a blog post, Google said the new region would ensure local customers have lower-latency access to its ...
Report: Uber accelerates IPO plans, hiring more underwriters
Ride-hailing giant Uber Technologies Inc. is making progress toward its goal of launching an initial public offering, as it has hired a string of underwriters to help lay the groundwork for its IPO, Reuters reported Tuesday. The move will give Uber the flexibility it needs to launch its IPO as early as the first half of ...
AWS launches new Open Distro for Elasticsearch
Updated with comment from Elastic: Amazon Web Services Inc. is boosting its open-source credentials with today’s release of its new Open Distro for Elasticsearch. Elasticsearch is a business-focused search engine for structured and unstructured data based on the open source Apache Lucene project. It’s most often used for log analytics, full-text search, security intelligence, business analytics ...
Google Cloud poaches longtime Oracle exec Amit Zavery
Google LLC has poached another key executive from its rival Oracle Corp. as it continues to rebuild its cloud management team under the leadership of its new Chief Executive Thomas Kurian. Amit Zavery (pictured) today was hired to head up Google’s Apigee team in his new role as a Google Cloud vice president of engineering. Apigee ...
F5 Networks buys NGINX for $670M to move into app delivery services
Network traffic management company F5 Networks Inc. said today it plans to acquire NGINX Inc. in a deal valued at $670 million, part of a bid to capitalize on the popularity of multicloud deployments. F5 Networks focuses on delivering cloud and security application services. NGINX operates a popular open source web server that powers millions of ...
Reports: Nvidia to acquire networking startup Mellanox for $7B
Updated below: Computer graphics chipmaker Nvidia Corp. reportedly has won a bidding war to acquire hot Israeli startup called Mellanox Technologies Ltd. that had also caught the eye of Intel Corp. and Microsoft Corp. Bloomberg and Reuters, citing “people familiar with the matter,” reported today that Nvidia will cough up a hefty $7 billion to acquire Mellanox. Update: The ...
Tibco Software buys SnappyData for real-time analytics on Apache Spark
Data integration software firm Tibco Software Inc. said today it has acquired a startup called SnappyData Inc. as it looks to boost the real-time analytics capabilities of its platform. Financial terms of the acquisition were not disclosed. Tibco’s main product is its Connected Intelligence Cloud, which aggregates data from various enterprise systems, devices and application programming ...
Google launches Rewarded Products to help developers earn on their apps
Google LLC is trying to make it easier for Android developers to monetize application users with a new Google Play service it’s calling “Rewarded Products.” The service, introduced today, enables developers to offer perks for app users such as in-game content or currency in exchange for viewing video advertisements. In a post on the Android ...