Mike Wheatley
Latest from Mike Wheatley
Report: Foxconn leads bidders for Toshiba’s chip business with $27B offer
Hon Hai Precision Industry Co., commonly known as Foxconn, is said to be readying a massive $26.93 billion bid to acquire Toshiba Corp.’s semiconductor business. The Wall Street Journal first reported news of the potential bid, saying that the Taiwanese electronics manufacturer faces bidding competition from companies including SK Hynix Inc., Broadcom Ltd. and Silver ...
Gartner slashes tech spending growth forecast on strong US dollar, shift to the cloud
Strong headwinds, including a rising U.S. dollar and an ongoing slowdown in the server market, have forced analyst firm Gartner Inc. to cut its forecast on global information technology spending. In its latest quarterly Worldwide IT Spending Forecast, Gartner pegs global spending at $3.46 trillion this year, which represents a 1.4 percent increase over the ...
Cloud infrastructure spending grew 9.2 percent in 2016
Enterprises ramped up spending on networking gear in 2016 in order to build out their data centers, public and private cloud infrastructure, International Data Corp. said in its latest Worldwide Quarterly Cloud IT Infrastructure Tracker. IDC’s report found that revenue from infrastructure gear, which refers to servers, storage and Ethernet switches, increased by 9.2 percent ...
Connected car chip maker Valens lands $60m Series D funding round
Valens Semiconductor Ltd., an Israeli semiconductor startup focusing on connected cars, has just landed $60 million in a late-stage funding round. The Series D financing was led by Israel Growth Partners, with participation from Delphi, Samsung Catalyst Fund, Goldman Sachs and MediaTek, as well as previous investors. The company, based in the city of Hod Hasharon, ...
Google to add open-source search engine Elasticsearch to its Cloud Platform
Google Inc. said last week that it’s teaming up with the startup Elastic to offer fully managed versions of that company’s Elasticsearch and Kibana open-source search software on its cloud platform. Elasticsearch is a search engine for structured and unstructured data, while Kibana provides a dashboard for Elasticsearch as well as data visualizations. What the partnership ...
Enterprises can now sign up to Microsoft’s Windows Insider program
Microsoft Corp. has finally opened up its Windows Insider program for information technology departments that want to test new features in its software ahead of time. The company said the Windows Insider Program for Business enables companies to try out upcoming releases of its Windows 10 operating system in workplace test environments before they’re made ...
Microsoft updates Azure Stack preview with Functions, App Service
Microsoft Corp. has updated its third and final Azure Stack technical preview with some of the Azure cloud’s more advanced features and also some of its platform-as-a-service tools. Azure Stack is Microsoft’s hybrid cloud offering that will come preloaded on hardware from partner firms Dell Technologies Inc., Hewlett-Packard Enterprise Co., Lenovo Group Ltd. and Cisco ...
Samsung expects strong profits thanks to chips, Galaxy S7 phone
Samsung Electronics Co. Ltd. has managed to overcome both a political scandal and an exploding phone. The Korean electronics giant issued preliminary guidance for its first-quarter 2017 Thursday, forecasting an operating profit of 9.9 trillion won ($8.8 billion) and sales of $50 trillion won ($44 billion). The strong showing underscores the strength of a business ...
Tableau Software finally rolls out subscription prices for all of its products
Tableau Software Inc. is catching up with the times, rolling out subscription pricing for its entire suite of business intelligence products as it prepares to ditch its old software license business model. The company said subscription pricing will significantly reduce the startup expense for deploying its products, which include Tableau Desktop, Tableau Server and Tableau ...
Google ships out a host of updates for application containers
Google Inc. is making it easier for enterprises to get application container workloads up and running on its cloud platform with new automated management of nodes, or servers on a network. The new features came the same day as the company announced general availability of its Container Optimized OS, and Kubernetes 1.6, its container orchestration ...