Mike Wheatley
Latest from Mike Wheatley
Moving into software, Broadcom announces $19B acquisition of CA Technologies
More consolidation is coming in the semiconductor market with the news today that Broadcom Inc. has agreed to acquire traditional software giant CA Technologies Inc. for almost $19 billion. The planned acquisition, which was confirmed by both companies late Wednesday, is Broadcom’s first new acquisition since it was blocked by U.S. President Donald Trump’s administration from pursuing ...
Salesforce adds Einstein Bots to its customer service cloud platform
Salesforce.com is continuing to build out its portfolio of software-as-a-service products with the general availability of Einstein Bots for its Service Cloud platform. Service Cloud is software that’s used by customer service professionals to provide support services after a sale has been made. The division is Salesforce’s second-most profitable business after its flagship Sales Cloud ...
Next Insurance nets massive $83M Series B funding round
Startup Next Insurance Inc. today said it has raised a massive $83 million round of funding that seems to validate its model of providing customized insurance policies for small businesses. The Series B round, led by Redpoint Ventures, brings Next Insurance’s total funding to $131 million since its founding in 2016. Other investors, including Nationwide Insurance, Munich ...
Google unveils more advanced ad products powered by machine learning
Google LLC today unveiled a new suite of tools for marketers that leverage its latest developments in machine learning, a subset of artificial intelligence that mimics the way the human brain works. The idea is to help marketers create and place better optimized and therefore more effective advertisements on its platforms. First up is the ...
Box is acquiring Butter.ai’s teams and talent to boost its AI strategy
File sharing company Box Inc. is getting its hands on some top artificial intelligence talent after signing up the team behind Butter AI Corp., which makes AI-based enterprise file search software. The deal, which is essentially an “acqui-hire” since Box is not buying the entire company, means that Butter.ai’s original application will also shut down, ...
Apple combines its Siri and AI teams under former Googler John Giannandrea
Apple Inc. is revamping its artificial intelligence teams into a single unit headed up by former Google LLC exec John Giannandrea. Giannandrea (pictured), who was formerly Google’s head of search and AI, will lead Apple’s machine learning division, its Siri team and the team working on Core ML, which is an application programming interface designed ...
HarperDB adds geoanalysis tools to its IoT database
“Internet of things” database specialist HarperDB Inc. is updating its namesake product with new capabilities such as real-time geographical data analysis and storage optimization for “edge” devices. The updates allow organizations to establish a “truly intelligent” network edge without the need to splash out on additional hardware, the company said. HarperDB was launched earlier this ...
Canonical intros Minimal Ubuntu OS for software containers
U.K. software company Canonical Ltd. today released yet another slimmed-down release of its Ubuntu operating system. Designed for software containers and cloud computing, the new Minimal Ubuntu OS Docker image weighs in at just 29 megabytes. The Minimal Ubuntu 18.04 Long Term Support release, as it’s officially known, is said to be an efficient container operating ...
Marvell completes acquisition of semiconductor maker Cavium
U.S. semiconductor firm Marvell Technology Group Ltd. today said it has completed its $6 billion takeover of rival Cavium Inc. after receiving regulatory approval in China. The newly combined company packs a broad portfolio of intellectual property and patents that will “unlock significant opportunities” for growth as new kinds of compute workloads emerge, Cavium Chief Executive ...
Alibaba Cloud to host Siemens’ MindSphere IoT platform in China
German electrical engineering and electronics conglomerate Siemens AG is teaming up with China’s internet giant Alibaba Group Holding Ltd. in a deal that will see it use Alibaba’s public cloud computing platform to host its MindSphere operating system for the “internet of things.” The deal was announced in Berlin under the watchful eyes of German ...