Mike Wheatley
Latest from Mike Wheatley
Rackspace rocks it with a solid Q4, but weak outlook worries shareholders
Rackspace Inc. beat out analyst’s expectations in its fourth quarter earnings report yesterday, thanks to a number of early signups for its managed services on Amazon Web Services. Rackspace said it hit earnings of $32 million in its fourth quarter, or $0.24 per share. Revenues hit $523 million for the quarter, an 11 percent rise ...
SKYNET, an AI system built by the NSA to locate terrorists, is mislabeling innocents as threats
A fundamental flaw with a US National Security Agency (NSA)’s machine learning program to identify terrorist suspects in Pakistan may have led to thousands of people in that country being wrongly labeled. A report in Ars Technica says that the SKYNET program – yep, they copied Terminator – uses what’s called an “analytic triage”, using ...
Infinit wants to become the “Docker of Storage”
File management startup Infinit International Inc. has just outed its latest product. Dubbed by the company as “The Docker of Storage”, the software is able to unify storage resources like clouds, servers and NAS into a single, centralized file system that reduces the latency associated with accessing data from multiple remote locations. Infinit’s software can ...
No more Moore’s Law, but innovation will continue
The semiconductor industry is no longer able to keep up with “Moore’s Law” and the theory will be laid to rest, experts say. Moore’s Law was first theorized by the legendary co-founder of Intel Corp., Gordon E Moore, way back in 1965. Moore stated at the time that the processing power of semiconductors and microchips ...
GridGain ignites its In-Memory Data Fabric platform
GridGain Systems Inc. is trying to fix a need for speed with a new update to its in-memory data fabric platform that promises a 2X performance boost. GridGain offers a high-performance, integrated and distributed in-memory data fabric based on Apache Ignite that’s designed for computing and transacting on large-scale data sets in real-time. GridGain Enterprise ...
Iron.io’s Project Kratos promises AWS Lambda without the lock-in
San Francisco-based startup Iron.io, which recently landed $8 million in funding, has just kicked off a project aimed at defeating the specter of cloud vendor lock-in. Called Project Kratos, the initiative will “enable enterprises to run AWS Lambda functionality in any cloud provider, as well as on-premises”, the company said. Iron.io already offers a task-queuing ...
AWS buys a very NICE high-performance computing startup
Amazon Web Services (AWS) is bolstering its high-performance computing (HPC) efforts with the acquisition of Italian software and services company Nice Software s.r.l. AWS didn’t divulge many details, but chief evangelist Jeff Barr did comment on the reasoning behind the acquisition in a blog post. “These [Nice] products help customers to optimize and centralize their high-performance computing ...
Will it? Won’t it? New doubts raised over Dell-EMC takeover
Dell Inc.’s proposed $67 billion takeover of EMC Corp. is once again, with the New York Post reporting that bankers are having difficulty in raising the necessary cash to fund the acquisition. When the deal was announced last October it looked to be cut and dried, with Dell carefully laying out its plans to fund the ...
Rackspace now hosts Red Hat’s Enterprise Linux OpenStack on its private cloud
Rackspace Inc. has teamed up with Linux vendor Red Hat Inc. to add another Openstack-as-a-Service offering to its lineup. Rackspace Private Cloud powered by Red Hat is essentially Red Hat’s Enterprise Linux OpenStack Platform hosted on Rackspace’s private cloud, and sits alongside Rackspace’s own Private Cloud powered by OpenStack. The service comes with Rackspace’s standard ...
Ignore Wall Street: Tableau’s still the king of Business Intelligence
Stock market analysts trampled all over Tableau Software Inc. this week after the ‘darling of Big Data’ slashed its guidance on next quarter’s earnings. That move caused profit-hungry shareholders to recoil in horror, and resulted in Tableau’s stock losing more than half of its value in a single day. To recap, Tableau’s stock was trading at $81.75 on Monday ...