Mike Wheatley
Latest from Mike Wheatley
Oracle Corp. Chief Executive Mark Hurd has said that the company’s $9.3 billion bid to acquire NetSuite Inc. is its final offer, even as NetSuite investors agitate for more. Hurd told CNBC in an interview that Oracle has set a deadline of …
Databricks brings deep learning capabilities to Apache Spark
Databricks Inc. is turning its attention to machine learning by adding support for deep learning on its cloud-based Apache Spark platform. The gist of the announcement is that Databricks is adding graphics chip support and integrating popular deep learning libraries to accelerate these …
IBM’s OpenPower data center consortium sets sights on Europe
The OpenPower Foundation, an IBM Corp.-led initiative that aims to build server, networking, storage and graphics acceleration technologies for hyperscale and cloud data centers, is targeting European expansion as the next stage of its growth. The consortium said at its inaugural OpenPower …
Intel unveils new Atom chips for the Internet of Things
Intel is making an Internet of Things play with the launch of an update Atom chip that packs in double the compute power and boosts graphics performance by three times of its predecessor. Intel’s Atom E3900 series is the next step up …
OpenStack demonstrates ability to work across multiple clouds
The reality of information technology today is that most enterprises want to mix and match platforms from multiple different vendors, a reality that has driven the OpenStack open source cloud computing platform to make interoperability a key goal. At the OpenStack Summit in Barcelona …
ServiceNow beats analysts’ forecasts with strong Q3 results
Cloud automation platform vendor ServiceNow Inc. posted better-than-expected results in its third quarter, prompting its shares to jump by almost 5 percent in after-hours trading, to $78.90. The company registered a net loss of $36.3 million, or 22 cents a share, on …
Samsung’s smartphone profits collapse after Galaxy Note7 recall
The world’s largest smartphone maker, Samsung Electronics Co. Ltd., saw its revenues and profits tank in the last quarter. Not surprisingly, the consumer electronics giant blamed the losses on plunging sales that resulted from its recall of the high-end Galaxy Note7. Samsung said …
Red Hat: OpenStack moving beyond the proof-of-concept phase
OpenStack production deployments increased significantly in the last year, according to a survey of 150 information technology decision makers and professionals carried out by Red Hat Inc. Red Hat’s annual poll found that 43 percent of respondents have deployed the cloud platform …
Mirantis, HPE announce new solutions at OpenStack Summit
Pure-play OpenStack vendor Mirantis Inc. had good news and bad news to reveal at Tuesday’s OpenStack Summit. The company has signed what could be a profitable deal with the world’s third-largest telecommunications firm, NTT Communications. However, that news was dampened somewhat by …
Forrester: U.S. tech spending to grow 5.1 percent in 2017
Forrester Research Inc. has offered up a rather optimistic forecast on tech spending in the U.S., saying it will increase by 5.1 percent to $1.51 trillion in 2017. The forecast comes just a week after Gartner Inc. published its own report on global …