Mike Wheatley
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Report: HTC mulls ‘strategic options,’ including a full sale
Taiwanese smartphone manufacturer HTC Corp. is working with an adviser as it looks at “strategic options” to revive its flagging business, according to one report. Those options include the company selling off its virtual reality business Vive, spinning it off into a separate venture, and even a full sale of the company itself, though that ...
VMware reports solid earnings ahead of VMworld conference next week
VMware Inc. made good on a promise made last week that it would deliver better-than-expected profits in its fiscal second-quarter earnings report. The virtualization software company on Thursday reported a profit of $344 million for the quarter on revenues of $1.9 billion. The company also reported earnings after certain costs such as stock compensation of $1.19 ...
Organizations are desperate for open-source technology skills
Open-source technology skills are becoming highly sought after as organizations fight among themselves to attract the talent they need to take advantage of the burgeoning trend. That’s according to the Linux Foundation’s new 2017 Open Source Jobs Survey and Report, which found that companies are increasingly looking for full-time hires to boost efficiency and reduce ...
Canonical offers new support packages for Kubernetes deployments
Open-source software provider Canonical Ltd. introduced a couple of new consulting packages today to support enterprise Kubernetes deployments in public and private clouds and on so-called bare-metal servers dedicated to a single customer. The company also said it’s expanding its partnerships with a number of container software specialists, including Galactic Fog Inc., a provider of serverless infrastructure, ...
Cyberthreats will drive higher growth in security spending
Spending on security products is forecast to grow by 7 percent this year, or a hefty $6.5 billion, as enterprises become increasingly wary of cybersecurity threats in the wake of several high-profile ransomware attacks earlier this year. Gartner Inc. said it its latest forecast that the global market for information security products and services will ...
Microsoft’s Brainwave accelerates deep learning with Intel programmable chips
Microsoft Corp. is upping the stakes in the race to build artificial intelligence systems with the introduction of a new initiative called Project Brainwave. The company is embedding neural network technology into its programmable computer chips in order to accelerate deep learning, which is one of the key subsets of AI. Project Brainwave is an extension ...
Report: Google to integrate Titan security chips with its cloud services
Google Inc. is set to announce additional details about its new hardware-focused security chip for its public cloud that it believes can help it differentiate its offering from rivals Amazon Web Services Inc. and Microsoft Corp.’s Azure. The new chip is called Titan, and Google will announce full details in a blog post due out on ...
Big data firm Databricks raises massive $140M funding led by Andreessen Horowitz
Big data specialist Databricks Inc. has just landed a massive late-stage funding round of $140 million to fund its expansion into artificial intelligence. The company, which was founded by the creators of the Apache Spark big data engine, said today that the Series D round brings its total capital raised to $247 million. The latest ...
Microsoft’s speech recognition systems achieve parity with humans
Microsoft Corp.’s artificial intelligence research team said it has made a significant breakthrough with its natural-language speech recognition technology. The company announced on Monday that it has finally achieved a human-parity word error rate of 5.1 percent in a conversational speech recognition task known as Switchboard, which is a collection of recorded phone conversations used ...
IT organizations are struggling to recruit skilled server staff
Information technology firms are finding it difficult to hire staff for roles across traditional servers and converged infrastructure due to a decline in the number of applicants with the necessary skills, a new report from 451 Research Inc. reveals. Because of the need to reduce costs associated with storing data in public clouds, many companies ...