Mike Wheatley
Latest from Mike Wheatley
Teradata stumbles to $265M net loss in Q2
There’s bad news for shareholders of Teradata Corp., which has lost $265 million in Q2 2015 thanks to a $340 million “goodwill impairment charge” that sucked away its profits. Meanwhile the company’s bottom line isn’t being helped by longer sales cycles and the continued deferrals of large transactions, it said in a statement. According to ...
Ubiquiti Networks falls victim to $46.7M email scam
High-performance networking gear manufacturer Ubiquiti Networks Inc. has fallen victim to email fraudsters, who made off with an astonishing $46.7 million of the company’s cash. Ubiquiti admitted being scammed in an SEC filing made on August 4, but the incident has only just come to the attention of the press. According to that filing, the ...
Opera calls for “strategic review”, but will the fat lady sing?
Norwegian browser maker Opera Software ASA isn’t looking too healthy at the moment. The company has just posted second quarter results that missed analysts’ expectations, with adjusted earnings missing the target by almost $1.6 million. That’s forced Opera to cut its 2015 total revenue projection from $630-650 million to just $600-618 million. The company also ...
Nvidia jumps 9% after smashing Wall Street Q2 earnings expectations
Graphics and mobile chip maker Nvidia Corp. has surprised Wall Street watchers with unexpectedly strong results for the second-quarter of its fiscal 2016, and has projected similarly strong numbers for the next quarter as well. Nvidia posted earnings of $0.34 per diluted share, which is three times the $0.10 per share that Wall Street analysts ...
Informatica seals $5.3B deal to go private
Data integration and management firm Informatica Corp. has finally concluded a deal to make itself a private company. The $5.3 billion deal was announced this April, and for the first time it can be revealed that Microsoft and Salesforce.com, Inc. have both taken a stake in the firm. Informatica said investors were paid $48.75 per ...
Hortonworks blows past analysts expectations in Q2
Hadoop vendor Hortonworks Inc. gave shareholders lots to cheer about yesterday after posting second-quarter earnings that beat Wall Street estimates, and new revenue forecasts well ahead of previous views. The company also reported a substantial increase in new subscriptions as its share price jumped by 4.9 percent. Hortonworks still isn’t profitable though, and probably won’t ...
Systems of Intelligence: What impact will they have? | #BigData on Crowdchat
Wikibon analyst George Gilbert recently penned a groundbreaking piece of research entitled “Systems of Intelligence”, (Part 1 and Part 2) which looks out how the next generation of apps built on intelligent and predictive platforms will revolutionize the ways in which enterprises do business. On Tuesday, Gilbert, along with fellow Wikibon analysts Dave Vellante, Stu ...
VMware considers buy out of parent company EMC
EMCs existential crisis just keeps getting more confusing. There’s a new twist in the battle for control of the storage giant’s federation, with reports suggesting that EMC is considering being bought out by its subsidiary VMware Inc., the virtualization software giant, on the recommendation of its activist investor Elliott Management Corp. According to Re/Code‘s unnamed ...
Databricks casts its net wider with Apache Spark platform update
Just two months after launching its Apache Spark-powered cloud platform, Databricks has announced a major update with a range of new feautures designed to help users facilitate Spark app development and control access to date. Databricks’ platform is a cloud-based Big Data processing engine based on Spark, offering a multi-user graphical interace and standard libraries ...
Report: Enterprises aren’t doing enough to mitigate API security threats
A new survey on API security has revealed the emergence of a new “digital divide”, as more companies embrace APIs without fully understanding how to mitigate the new threat vectors that might lead to critical data being exposed. API management firm Akana Inc. quizzed over 250 security practitioners for its first-ever Global State of API ...
