Mike Wheatley
Latest from Mike Wheatley
NetApp partners with Lenovo on new products and joint venture in China
Data storage company NetApp Inc. is plotting an expansion into China by teaming up with Lenovo Group Holding Ltd. The companies today announced a new technology partnership and plans to create a joint venture company that will allow NetApp to sell its products and services to Chinese firms. The international technology partnership will see the companies collaborate ...
Public cloud revenue to grow 17.3 percent in 2019, Gartner says
In its latest forecast for the worldwide public cloud services market released Wednesday, Gartner Inc. said it expects revenue to keep shooting up, by 17.3 percent, to top $206 billion next year. The analyst firm said infrastructure as a service, which includes the bulk of the public cloud services offered by companies such as Amazon Web ...
Pivotal Software stock crashes despite earnings and guidance beat
Updated: Pivotal Software Inc. must be wondering what it did wrong today after seeing its share price plunge by more than 25 percent in after-hours trading. The stock drop came after beating Wall Street’s estimates on both earnings and guidance in its second quarterly earnings report since going public in April. The company, which makes software ...
Container monitoring and security firm Sysdig raises $68.5M round
Container security startup Sysdig Inc. today announced a beefy $68.5 million late-stage round of funding that brings its total capital raised to $121.5 million. Insight Venture Partners led the Series D round, which also saw participation from previous investors, Bain Capital Ventures and Accel. Sysdig’s backers are betting on the company’s “unified approach” to container security, which ...
Developer cloud startup Packet lands $25M round and three new high-profile execs
There has been a flurry of activity behind the scenes at bare-metal automation platform company Packet Hosting Inc. in recent weeks, and now the startup is ready to reveal what’s up. Packet announced today a major update to its “bare-metal” cloud platform, which provides server capacity with no software preinstalled. The company also landed a ...
Microsoft launches Azure DevOps to succeed Visual Studio Team Services
Microsoft Corp. Monday effectively rebranded its Visual Studio Team Services software suite for developers, rolling up its tools into a new service called Azure DevOps. VSTS is a service used by developers to collaborate on code development and deployment. Among its features are Git repositories for storing code and source control, tools for planning and ...
Google appoints Carnegie Mellon’s Andrew Moore new AI chief, replacing Fei-Fei Li
Google LLC’s artificial intelligence unit is getting ready for a transition with the news that Fei-Fei Li, chief scientist of AI at Google Cloud and a Stanford University professor, is stepping down from the role at the end of the year. Li will be replaced by Dr. Andrew Moore (pictured), the current dean of the ...
DARPA plans to spend billions on AI research for weapons and other uses
The Pentagon’s research unit, known as the Defense Advanced Research Projects Agency, said Friday it’s looking to invest up to $2 billion in artificial intelligence systems over the next five years. Among other things, the hope is to be able to develop more advanced and trustworthy weapons targeting systems that could one day be adopted ...
Rigetti edges closer to achieving a ‘quantum advantage’ with new hybrid computing service
Rigetti Computing Inc. is getting closer to its goal of delivering what it calls the “quantum advantage,” or a working quantum computer that can solve problems faster, for less money or with better-quality results than a traditional machine can do. Rigetti aims to become one of the first companies in the world to deliver a ...
Microsoft to offer Extended Security Updates for Windows 7 enterprise holdouts
Microsoft Corp. is throwing a lifeline to holdouts who refuse to drop its Windows 7 operating system, offering extended support beyond its upcoming end of life date. The company is also extending support for users of Windows 10 who’re getting frustrated at the pace at which it keeps rolling out updates. Despite Microsoft’s best efforts ...