Mike Wheatley
Latest from Mike Wheatley
Bossa Nova lands $17.5M funding to roll out robots in retail stores
Inventory-taking robots could soon become a common sight in supermarket stores across the country, if a company called Bossa Nova Robotics Inc. gets its way. The company, whose robots are already being tested in number of Wal-Mart Stores Inc. locations across the country, today closed on a $17.5 million Series B funding round. That brings ...
Amazon sells some cloud infrastructure to local China partner but says it’s staying in the market
Updated with Amazon comment: Bowing to Chinese law, Amazon.com Inc. said late Monday it has sold some physical infrastructure for its cloud computing operation in China but plans to keep providing cloud services in the country for years to come. Earlier reports from the Wall Street Journal and Reuters said the public cloud giant had decided to sell its Amazon ...
Startup QCI raises $18M to build the world’s first useful quantum computers
With any new technology, it’s inevitable that a bunch of startups will emerge at the cutting edge to challenge more established players, and it’s no different in the weird world of quantum computing. Although companies such as IBM Corp., Microsoft Corp. and Intel Corp. have all made great strides toward making quantum computing a reality, ...
LightStep launches monitoring tools for microservices-based apps
A startup backed by $29 million in funding and boasting big customers such as Lyft Inc. and Twilio Inc. is exiting stealth mode today, offering application performance management software for both modern and legacy apps. LightStep Inc., co-founded by Chief Executive Ben Sigelman, who built and ran monitoring technologies at Google LLC, said its new ...
Rackspace teams up with HPE to offer pay-as-you-go OpenStack private cloud
Cloud services company Rackspace Inc. is teaming up with Hewlett-Packard Enterprise Co. to deliver what they say is the first pay-per-use version of OpenStack. Open Stack is an open source platform for creating and managing large collections of virtual private servers in a cloud computing environment. The new offering will be delivered as a managed service, ...
Here’s how enterprises will waste $10 billion on cloud spending next year
Enterprise cloud management company RightScale Inc. has come up with the alarming forecast that almost $10 billion in cloud spending will be wasted by companies in the next year. The biggest problem is the enormously complex way in which public cloud providers such as Amazon Web Services Inc. and Microsoft Corp. bill customers for their ...
IBM unveils new quantum processors to power its commercial Q Systems
In another sign of the ascendance of quantum computing, IBM Corp. says it’s beefing up the power of its online commercial quantum system, IBM Q, which will be made available to early-access customers later this year. The company today announced two quantum processor upgrades, including a new 20-qubit processor and a working prototype of a ...
Microsoft open-sources effort to build hardware that protects firmware from hackers
Microsoft Corp. has unveiled a blueprint for special hardware that will be able to secure server firmware from hackers, and it wants the open-source community to help it out. The software giant said the new chip and associated hardware will be able to protect firmware from some of the most dangerous threats around, including “malicious ...
Uber teams up with NASA to make its flying taxi dream a reality
Uber Technologies Inc.’s dream of providing a flying taxi service might not be all that farfetched. Today the company announced it’s teaming up with NASA to develop the technology and systems they need to take to the skies. The controversial ride-hailing firm, which never ceases to amaze with its combination of constant scandals and revolutionary ideas, said ...
Twilio shares rally as it surpasses $100M in quarterly revenue for the first time
Cloud communications company Twilio Inc. made investors happy Thursday after posting third-quarter earnings results that blew past Wall Street analysts’ forecasts. The company, which builds web service application programming interfaces for software developers to make and receive phone calls and send and receive text messages in an automated fashion, surpassed $100 million in quarterly revenues for the first time in its ...