Mike Wheatley
Latest from Mike Wheatley
Facebook Inc. today headlined its annual F8 developers conference in San Jose, California, with an update of PyTorch, its popular artificial intelligence software framework used by developers to accelerate the deployment of AI-based applications. The PyTorch platform has rapidly become a big hit …
Twilio’s revenue shoots up 80% as it easily beats targets
Cloud communications services company Twilio Inc. is back on track after beating its first-quarter profit and revenue targets. The company, which disappointed investors in the last quarter with its poor full year guidance, reported earnings before certain costs such as stock compensation …
AMD enjoys a solid start to the year with strong earnings
Computer chipmaker Advanced Micro Devices Inc. delivered solid if unspectacular first-quarter financial results that beat expectations even though sales fell sharply from a year ago. AMD reported earnings before certain costs such as stock compensation of 6 cents per share on revenue …
Apple’s growing services revenue helps offset iPhone sales decline
Apple Inc. executives were all smiles today after the company posted second-quarter financial results that beat expectations, partly as a result of its growing services revenue. Nonetheless, the company saw its revenue and profit decline significantly from the same quarter a year ago. …
Facebook adds business and marketing tools to ‘lighter,’ more private Messenger
Facebook Inc. is getting serious about the potential of its Messenger platform as a business marketing tool. Today at its annual F8 developer conference in San Jose, California, it added several new features to the platform that should help companies to generate new …
At a cool $7B, UiPath becomes world’s most valuable AI startup
UiPath Inc. has cemented its reputation as one of the hottest tech startups around after landing a $568 million round of funding that puts its value at a stunning $7 billion. Coatue led the Series D round, joined by Dragoneer, Wellington, Sands …
Dell steps up its hybrid cloud and device management plays
Dell Technologies Inc. subsidiary Dell EMC today flexed its muscles in information technology management, stitching its “hyperconverged” infrastructure platform with compute, storage and networking services from VMware Inc. to offer an easier way for companies to manage their hybrid cloud deployments. The …
Facebook open-sources a tool to help software find and store data faster
Facebook Inc. is donating another of its internally developed tools to the open-source software community. The social media giant said it’s adding the F14 hash table, which it uses to manage vast amounts of data, to Folly, its open-source library of software …
Xilinx buys Solarflare to step up its data center networking game
Specialist field-programmable gate array chipmaker Xilinx Inc. boosted its networking credentials today by acquiring Solarflare Communications Inc. Solarflare uses FPGAs, which are computer chips that can be reprogrammed on the fly to perform specific computing tasks more efficiently, to build smart network interface …
Intel stock falls 7% after 2019 revenue forecast comes up short
Updated: Intel Corp. set the cat among the pigeons today after providing a weaker-than-expected full-year revenue forecast that sent investors scrambling for an exit The chipmaker’s stock fell more than 7% in the after-hours trading session despite what was nominally a good …