Mike Wheatley
Latest from Mike Wheatley
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 ...
Conversica acquires Intelligens.ai to teach its sales chatbots to speak Spanish
Artificial intelligence-based sales automation company Conversica Inc. is eying an expansion into Spanish-speaking markets after acquiring another conversational AI firm called Intelligens.ai. Conversica’s AI-based platform powers virtual assistants, or chatbots, which carry out much of the routine and mundane tasks associated with sales prospects, such as sending confirmations, offers, updates and requests for additional meetings. The ...
BigID raises $14M for data protection software to help enterprises comply with GDPR
Israeli data protection outfit BigID Inc. is prepping for its next stage of growth after landing a $14 million round of funding. The Series A round was led by ClearSky Security, Comcast Ventures and the SAP.iO Fund. Previous investor BOLDstart Ventures also participated in the round, which brings BigID’s total funding to $16.1 million. BigID’s ...
Baker Hughes GE and Nvidia team up on AI for the oil and gas industries
General Electric Co. subsidiary Baker Hughes GE is teaming up with Nvidia Corp. to introduce artificial intelligence and data analytics technology to the oil and gas industries. The initiative aims to make the two energy industries more efficient and predictive by collecting data from drilling operations, seismic activity, sensors and weather patterns. The collaboration will leverage ...
Microsoft updates Teams collaboration tool with new app integrations
Microsoft Corp. today rolled out a major new update to its Teams collaboration tool, which competes with the likes of Slack Technologies Inc. and Facebook Inc.’s Workplace. The update is billed as the “biggest single release of new functionality” since Teams was launched last year, and provides new ways to interact with and share data, ...
Chipmaker Renesas reported in talks to buy Maxim for $20B but denies deal
American chipmaker Maxim Integrated Products Inc.’s share price jumped to a 17-year high today rumors that it’s holding talks to be acquired for $20 billion by its Japanese rival Renesas Electronics Corp. News of the potential acquisition was first reported by CNBC, citing several sources close to the matter, who asked not to be named ...
New CNCF project Rook provides persistent storage for Kubernetes clusters
The Cloud Native Computing Foundation, which houses the Kubernetes project and other cloud-native technology initiatives, is pitching its latest project Rook as a solution for persistent storage systems in Kubernetes clusters. Last week the CNCF voted to accept Rook as its 15th hosted project, alongside Kubernetes, Prometheus, OpenTracing, Fluentd, Linkerd, gRPC, CoreDNS, containerd, rkt, CNI, ...
ContentSquare lands $42M to expand digital experience insights platform
ContentSquare is setting its sights on dominating user engagement analytics after landing a hefty $42 million in funding. Cannan Partners and Highland Europe led the Series B round together with participation from Eurazeo and H14. Including a $20 million Series A round in 2016, the company has raised total funding of $62 million. ContentSquare’s main product is a ...
Microsoft’s prototype Ink to Code app transforms sketches into working code
Microsoft Corp.’s experimental Garage Project team has unveiled a new application that aims to bring to life all of those wonderful ideas that are first jotted down on a scrap of paper. The app, called Ink to Code, is designed to help developers export rough sketches of their ideas into its Visual Studio platform. From ...