Mike Wheatley
Latest from Mike Wheatley
Box finally turns cash-flow positive, but investors balk at tepid outlook
Enterprise cloud storage firm Box Inc. ended its fiscal 2017 with a solid fiscal fourth quarter, beating analysts’ expectations and moving to positive free cash flow for the first time since its initial public offering two years ago. It’s an important milestone for the company, but that success was tempered by first-quarter guidance lower than ...
‘Low-code’ software development poses security and data integration risks, survey finds
The growth of open-source software in the last decade has helped to revolutionize software development, enabling the rise of a phenomenon known as the “citizen application developer” who uses “low-code” platforms to build apps with minimal fuss. “Low-code” software development involves minimizing hand-coding of applications, instead configuring existing functions from other platforms and applications quickly ...
Big data pioneer Cloudera reportedly planning an IPO later this year
Big data company Cloudera Inc. could be heading for an initial public offering sometime this year, after it reportedly hired underwriters to help prepare the company for the move. Bloomberg broke the news, citing the usual “people with knowledge of the matter.” It said Cloudera is seeking to raise $4.1 billion valuation for its IPO, ...
ServiceNow appoints a new CEO, former eBay boss John Donahoe
ServiceNow Inc. has appointed former eBay Inc. and Bain & Co. Chief Executive John Donahoe to be CEO. The company announced the change late on Monday, after current CEO Frank Slootman decided a transition of leadership was in order. Donahoe, who is also the current chairman of PayPal Holdings Inc. and sits on the boards of ...
Microsoft signs up for Facebook-led Telecom Infra Project
Microsoft Corp. is among a number of new companies to sign up to Facebook Inc.’s one-year-old Telecom Infra Project, which is an attempt to repeat the success of the Open Compute Project in the telecommunications industry. Microsoft, along with Facebook and other hyperscale Internet firms such as Amazon.com Inc. and Google Inc., has been investing heavily ...
Oracle launches on-premises edition of Exadata Cloud service
Oracle Corp. is slowly clearing a path to its public cloud with the launch today of its new Oracle Exadata Cloud Machine service. As part of the company’s Cloud at Customer portfolio launched last year, the new offering allows companies to deploy the popular Oracle Exadata platform as a cloud service inside their own data centers. ...
Workday outpaces earnings forecast, but investors yawn
Human resources software provider Workday Inc.’s momentum showed no sign of slowing down Monday as the company powered past Wall Street earnings expectations with its fourth-quarter results. The company posted a profit before certain costs such as stock compensation of 7 cents a share on record revenues of $436.7 million, up 35 percent from a year ...
Microsoft enhances database diagramming in Visio Pro
Microsoft Corp. is offering database users the chance to shed more light on their most complex deployments and business processes with a new update to Visio Pro, its diagramming application software. The main update is something called a database reverse engineering tool, which allows system administrators to explore how their databases are structured and how ...
Google turbocharges cloud data centers with Intel’s newest Skylake Xeon chips
Google Inc. has stolen a march on public cloud rivals Amazon Web Services and Microsoft Azure by becoming the first provider to bring Intel Corp.’s next-generation Xeon Skylake chips to its data centers. The move follows Google’s announcement last November that it was planning to incorporate Intel’s next line of server chips into its public ...
Email automation service Mailgun spins out from Rackspace, raises $50M in financing
Rackspace Inc. is still ringing in changes following an acquisition that took the company private, spinning out its email automation platform Mailgun Technologies, Inc. as an independent firm. The new entity also announced a whopping $50 million funding round on Wednesday. Mailgun was acquired by Rackspace back in August 2012, in order to provide an ...