Mike Wheatley
Latest from Mike Wheatley
Worldwide server revenues fall again as enterprises stall spending
Worldwide server shipments slumped again in the fourth quarter of 2016, according to new data from market watchers International Data Corp. and Gartner Inc. Both analyst firms reported declining revenues in the final quarter of the year. IDC said that revenues plummeted by 4.6 percent, to $14.6 billion, while Gartner saw a more modest 1.9 ...
VMware touts software-defined future for telcos with new vCloud NFV release
VMware Inc. is hoping to convince telecommunications providers to embrace the software-defined data center with the release of a new version of its Network Function Virtualization suite. The new product sports a bunch of telco-friendly features that should allow them to introduce new services faster. The announcement was one of three that VMware made at the ...
Cancer-fighting startup Freenome lands massive $65m Series A funding round
Freenome Inc., a startup that has built a “liquid biopsy diagnosis platform” to diagnose cancer in its early stages, has just raised $65 million in a Series A funding round. The investment was led by Andreessen Horowitz, the same venture capital firm that also headed up its $5.5 million seed round less than 12 months ...
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 ...