Mike Wheatley
Latest from Mike Wheatley
Study: One data breach, and suddenly your company’s worth 5% less
The cost of a data breach isn’t just from time spent fixing the issue and dealing with bad publicity. A company that loses customer data to hackers can expect to see its share price fall by an average of 5 percent, while losing between two and three percent of their customers. That’s according to a new Ponemon ...
Broadcom leads the bidding for Toshiba’s flash memory business with $20B offer
Broadcom Corp. is reportedly leading the bidding in an auction of Toshiba Corp.’s flash memory business, having offered to pay $20 billion, Bloomberg reported late last week, but the situation remains complicated. Toshiba put its memory business up for auction in order to recapitalize after losing millions of dollars with its U.S. nuclear power business, ...
Neurala fights poaching in Africa with AI-powered drones
Deep learning startup Neurala Inc. is applying its technology to a partnership with the Lindbergh Foundation that aims to combat illegal elephant poaching in Africa with artificial intelligence-powered drones. Despite increased efforts to combat poaching in several African countries, the statistics remain rather grim. The Lindbergh Foundation says more than 100,000 elephants were killed in ...
SignalFx delivers new monitoring capabilities for cloud operators
Effective monitoring of information technology systems becomes increasingly important in the migration to a modern IT architecture such as containers or microservices, but many companies lack the ability to identify trends in their data that could indicate potential problems. SignalFx Inc., a company that makes operational intelligence solutions for the cloud, wants to change that. ...
Microsoft to open Azure Cloud data centers in Africa in 2018
Microsoft Corp. is eyeing African customers for its Azure cloud with the opening of its first two data centers on the continent. The company announced on Thursday it’s planning to open two new facilities in Cape Town and Johannesburg, South Africa, in a move that will stretch its cloud presence to 40 regions globally. Up until ...
Cloud-native security startup Aporeto lands $11.2M funding round
Aporeto Inc., a “cloud-native” security startup that aims to secure untrusted information technology environments, has just raised $11.2 million in a Series A funding round ahead of its product launch later this year. The company said it’s launching its services in public beta today, ahead of a full product launch slated for this summer. Aporeto is just the ...
IBM lands $700M cloud computing contract with Bombardier
Troubled Canadian transportation giant Bombardier Inc. has just inked a six-year, $700 million deal with IBM Corp. to use its cloud services as part of a larger restructuring initiative. Last year, Bombardier said it was laying off more than 14,000 of its staff worldwide, following a $2 billion budget overrun and a two-year delay of ...
Google enables location awareness in IoT devices without GPS
Google Inc. Tuesday announced it’s teaming up with Internet of Things platform provider Particle Industries Inc. to make devices “location aware” using the Google Maps geolocation application programming interface. Previously, in order to make devices location aware, it was necessary to install a GPS module on the device or sensor. But these modules can be expensive, ...
Microsoft and the UN partner on technology to combat human rights abuses
Microsoft Corp. announced Tuesday that it’s entering into a “landmark” five-year partnership with the United Nations that will see them use advanced new technologies to further the cause of human rights. The company said it’s donating $5 million in the form of a grant to the U.N. Humans Rights Office. In addition, it will also ...
AWS still dominates cloud infrastructure market but Google and Microsoft gain
To no one’s surprise, Amazon Web Services maintains its lead in the worldwide cloud infrastructure services market, according to the latest analysis released Monday from research outfit Canalys. AWS commanded a 31 percent share of the market in the first quarter of 2017, though its main rivals Google Inc. and Microsoft Corp. both saw superior revenue ...