Mike Wheatley
Latest from Mike Wheatley
Intel misses revenue targets, and with no new CEO, shares plunge
Intel Corp. delivered a mixed bag as it reported its fourth-quarter financial results late Thursday, beating Wall Street’s expectations on earnings but missing targets with its revenue. The company also set new annual revenue records for each of its business segments, only to see its stock take a hit after delivering light guidance for the next ...
Report: Intel to build massive manufacturing plant in Oregon for new chips
Intel Corp. could be about to break ground on an enormous extension of its D1X research and manufacturing facility in Hillsboro, Oregon, paving the way for mass production of its next-generation seven-nanometer computer chips. A report Monday from The Oregonian cited anonymous sources as saying that construction on the extension will begin by the summer. ...
Facebook open-sources LASER encoder tech for natural language processing
Facebook Inc. has made another key contribution in its quest to accelerate the transfer of natural language processing applications to more languages. The social media giant today open-sourced a new PyTorch tool called LASER, which stands for Language-Agnostic Sentence Representations. With LASER, Facebook is trying to create a kind of mathematical representation that can encapsulate and ...
Google led record-breaking tech industry lobbying blitz in 2018
Five of the biggest technology giants in the U.S. spent a combined $64.3 million on lobbying government officials in 2018, in a year that was notable for numerous congressional hearings, accusations of Russian interference in elections and the increased pressure heaped on the companies over issues such as privacy. Alphabet Inc.’s Google LLC was the ...
Serverless intelligence startup Lumigo exits stealth with $8M seed funding
Israeli startup Lumigo is exiting stealth mode today backed by $8 million in seed funding for its intelligent serverless application monitoring and troubleshooting tool. Grove Ventures and Pitango Venture Capital led the round, which will be used to further Lumigo’s research and development efforts ahead of its future product launch. Serverless computing is a popular ...
Varada lands $7.5M to make data lakes more easily accessible
Israel-based startup Varada has scooped up $7.5 million in a seed funding round that it plans to use to make big data more accessible to enterprises. The company is touting a big-data inline indexing tool that allows information stored in cloud-based data lakes to be analyzed without preparing or modeling it first. Data lakes are ...
StackRox shores up Kubernetes container security
Container security company StackRox Inc. is updating its threat-detection platform with new capabilities designed to safeguard Kubernetes deployments. StackRox has gotten some serious attention in recent months thanks to its cloud-based platform that provides continuous advanced threat detection for technologies such as Docker Swarm and Kubernetes, which are used to manage software containers. The platform ...
IBM’s stock jumps 8.5% despite another decline in revenue
Updated: IBM Corp. got a boost from investors today after posting fourth-quarter results and 2019 guidance that beat analysts’ expectations and helped gloss over a second successive decline in its quarterly revenue. The information technology giant reported earnings before certain costs such as stock compensation of $4.87 per share on revenue of $21.8 billion. That’s down 3 ...
GitHub Enterprise streamlines developer experience, adds more admin tools
The popular Microsoft-owned software development platform GitHub is revamping the premium version of its offering with what it calls new experience updates and streamlined administrative capabilities. GitHub is a web-based version-control and collaboration platform for software developers. It’s used to store the source code for different projects and track the complete history of all changes to ...
Canonical updates Ubuntu Core OS for IoT devices
Linux software company Canonical Ltd. today announced the release of its new Ubuntu Core 18 operating system for “internet of things” systems and devices. Ubuntu Core, a superslim version of the popular Ubuntu Linux OS that weighs in at just 260 megabytes, is designed to run on all kinds of embedded devices. It’s suitable for ...