Mike Wheatley
Latest from Mike Wheatley
Multimodel database company ArangoDB lands $10M in funding
Database startup ArangoDB GmbH says it has relocated its headquarters to the U.S. after landing a $10 million Series A round of financing. The Series A round was led by Bow Capital, with participation from existing investor Target Partners, and brings the company’s total funding to $17 million. Bow Capital’s adviser Murat Sönmez will take ...
Apple reveals it acquired an AI startup called Laserlike, likely to improve Siri
Apple Inc. reportedly acquired a startup last year called Laserlike Inc., which built software that uses machine learning to search the web for information and deliver personalized results to users. According to a report in The Information today, Apple confirmed that the acquisition, unnoticed until now, closed late last year. Apple is likely to integrate Laserlike’s technology with its digital ...
Big-data firm Cloudera crashes on lower earnings and guidance
Updated: Big-data company Cloudera Inc. saw its stock take a beating late Wednesday after posting a wider-than-expected loss for the quarter just gone. The company, which sells software based on Apache Hadoop and related technologies for data engineering, data warehousing, machine learning and analytics workloads, also came up short on its guidance for the next quarter and ...
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 ...