Mike Wheatley
Latest from Mike Wheatley
Samsung earns record profit on surging semiconductor business
South Korean technology giant Samsung Electronics Co. Ltd. reported record quarterly profits on Thursday, blowing past analysts’ expectations on the success of its new Galaxy S8 smartphone and its surging semiconductor business. The company reported net income of 10.8 trillion won ($9.6 billion) for the second quarter, up 85 percent from a year ago. Analysts were ...
ServiceNow does it again with second-quarter earnings beat
Information technology automation software provider ServiceNow Inc. is showing no signs of letting up, pulling another strong quarter out of the bag. The company, which sells a wide range of software products for automating workflows, managing customer relationships and tracking business processes, reported a number of big new enterprise deals in the second quarter, and ...
Survey: IT pros, executives disagree on what a hybrid cloud actually is
As companies increasingly shift their information technology operations to the cloud, more and more are adopting so-called “hybrid cloud” solutions. But surprisingly, not everyone shares the same definition of what a hybrid cloud actually is. A newly published survey by cloud infrastructure company Stratoscale Ltd. found that IT specialists define hybrid cloud somewhat differently to ...
RightScale’s Optima tool helps companies manage cloud computing costs
As cloud computing rapidly becomes the norm, enterprises have found there are big benefits to be had from adopting what’s called a “multicloud” strategy that involves using services from more than one provider. The problem is that managing the costs of using those resources becomes increasingly complex when more than one service is involved. To tackle ...
Miss those moonshots? Google develops algorithm to accelerate nuclear fusion research
Google Inc. may have cut back on its moonshots, but it’s not done with them just yet. The tech giant said Tuesday that its scientific researchers are working with nuclear power company Tri Alpha Energy Inc. to try to create “an abundant source of zero-carbon energy” using nuclear fusion. Nuclear fusion refers to the process of ...
Vending machine company will implant microchips in employees’ hands
A Wisconsin-based vending machine company next week will become the first in the U.S. to offer its employees embedded biochip technology. Three Square Market, known as 32M for short, said it will offer the implantable microchip technology to all of its employees as a replacement for ID badges. They’ll be able to use the embedded ...
Windows 10 business adoption growing slowly but surpasses Windows XP
Although Microsoft Corp. probably deserves high marks the efforts it has made to make Windows 10 more friendly for large enterprises, it turns out that the operating system is only slightly more popular than the aging Windows XP among business users. That’s the main takeaway from a new survey on Windows 10 adoption by information ...
Facebook buys digital rights management startup Source3 to protect content creators
Facebook Inc. Monday acquired an intellectual property startup called Source3 so it can use the company’s technology to identify pirated content shared on its social network. The acquisition was revealed by Source3 on its website and first spotted by Recode. The terms of the deal were not disclosed, and Source3 itself didn’t provide much by ...
China launches grand plan to become world leader in AI by 2030
China’s chief administrative authority is pushing for the country to become a world leader in artificial intelligence technology in less than 15 years. The State Council of the People’s Republic of China laid out its plans in a “New Generation Artificial Intelligence Development Plan” published late last week that envisions an AI industry worth $148 ...
Intel sides with Apple in its legal spat with Qualcomm
Intel Corp. is siding with Apple Inc. in the iPhone maker’s ongoing legal battle with Qualcomm Technologies Inc. over patent royalties, saying that the rival chip maker has weaved together an “interlocking web of abusive practices.” Intel’s statement came in a filing late last week with the U.S. International Trade Commission following a complaint from ...