Mike Wheatley
Latest from Mike Wheatley
Cloud infrastructure giants Amazon, Microsoft, Google and Alibaba all gain market share
Enterprise spending on cloud infrastructure services in the fourth quarter of 2017 leaped by 46 percent to more than $13 billion from the previous year, according to a new report released Friday by Synergy Research Group. Synergy attributed the rapid rise in spending to the growth of major cloud providers such as Amazon Web Services Inc., Alibaba ...
Heptio announces new Kubernetes subscription service for multicloud deployments
Startup Heptio Inc. is looking to differentiate its platform from the numerous Kubernetes software distributions inundating the market with what it calls the first “undistribution” of the container orchestration software. Heptio’s new Kubernetes subscription service is aimed at helping enterprises achieve the multicloud goal of avoiding getting locked into a particular provider’s information technology infrastructure ...
Broadcom ups its bid to acquire Qualcomm to $121B
Updated: U.S.- and Singapore-based semiconductor firm Broadcom Ltd. doesn’t like taking no for an answer. The company, which recently saw an offer to acquire rival chipmaker Qualcomm Technologies Inc. rejected, Monday said it has made a new offer of $121 billion. Reuters Sunday cited unnamed sources who say the new bid is designed to force Qualcomm ...
Lightelligence aims to accelerate AI workloads to light speed
Boston-based startup Lightelligence has just landed $10 million in seed funding as it bids to accelerate artificial intelligence workloads with a new technology based on light. The round was led by Baidu Venture and a consortium of U.S. semiconductor executives. The company’s approach is to speed up information processing through the use of a nascent ...
Cisco jumps on the Kubernetes bandwagon with its new Container Platform
Cisco Systems Inc. may have a been a bit late to the software container game, but it’s hoping to make up for lost time with the launch today of its own Kubernetes distribution, wrapped up in its new “Container Platform.” The networking giant said the Cisco Container Platform is designed for managing containerized software applications across a ...
ServiceNow delivers solid earnings thanks to growing enterprise customers
Workflow automation and service management software provider ServiceNow Inc. has chalked up another solid quarter, signing up 41 new customers in deals worth over $1 million as it beat analysts’ expectations. The company today reported a fourth-quarter profit after certain costs such as stock compensation of $63.6 million, or 35 cents per share, in line with Zack ...
Portworx open-sources STORK software to fix issues with data services on Kubernetes
Software container company Portworx Inc. is unveiling a new open-source project aimed at developers, enabling them to run stateful applications such as databases, queues and key value stores more efficiently on Kubernetes. The STorage Orchestrator Runtime for Kubernetes, or STORK, works by communicating with storage drivers via a plugin interface so it can help address ...
Microsoft launches Azure Event Grid for managing serverless computing functions
Extending its reach in the cloud, Microsoft Corp. today announced its Azure Event Grid service is now generally available. The service is a key part of the company’s strategy for serverless computing, which is a cloud computing execution model in which the cloud provider automatically manages the allocation of machine resources. The main promise of ...
Samsung enjoys record profits thanks to booming memory chip business
Samsung Electronics Co. Ltd. saw its share price jump 5 percent early Wednesday in South Korea after posting a record-breaking fourth-quarter operating profit of 15.2 trillion won ($14.15 billion). That’s up 64 percent from the same quarter a year ago. Samsung also said its revenue rose 24 percent, to 66 trillion won, in line with ...
Upping its bet on software containers, Red Hat acquires CoreOS for $250M
Enterprise Linux company Red Hat Inc. today made what’s probably the most significant acquisition in information technology so far this year, announcing a deal to buy Kubernetes-focused startup CoreOS Inc. for $250 million. The move is viewed as an attempt by Red Hat to bring in more talent and expertise to enhance its OpenShift software, which ...