Mike Wheatley
Latest from Mike Wheatley
Hortonworks shares plunge 22% on news of secondary IPO
Bad vibes among shareholders of Hortonworks Inc. resulted in the company’s share price collapsing 22 percent yesterday. The stock fell following an announcement that that company is looking to raise $100 million in a secondary share offering, often referred to as a “secondary IPO”. Hortonworks is one of the three major Hadoop vendors, alongside Cloudera ...
Microsoft announces a great cloud giveaway: $1 billion up for grabs
Microsoft’s CEO Satya Nadella is in a somewhat generous mood, and has decided to donate his company’s expertise in cloud computing to the “public good” by giving away $1 billion worth of cloud services to nonprofits over the next three years. Altogether, Microsoft wants to support around 70,000 nonprofit organizations using its cloud product, including ...
IBM beats Wall St. estimates but investors remain unimpressed
IBM took another battering from investors even as it unexpectedly beat analysts’ estimates in its fourth quarter earnings. Although IBM execs were predictably upbeat over the performance, investors seemed to disagree as Big Blue’s shares slumped by around 3.5 percent in after-hours trading. The most important numbers are these: $22.06 billion in revenues, compared to ...
SnapShot snaps up ex-Googler to lead a revolution in hotel data analytics
Ex-Googler Dr. Stefan Tweraser is hoping to inject some Silicon Valley-style efficiency into his new employer SnapShot GmbH, as the Austrian startup readies itself to revolutionize the hospitality industry with its new Big Data analytics services. Tweraser’s appointment as SnapShot’s new CEO comes at a time when the startup is preparing for the eagerly anticipated ...
Worldwide IT spend fell by six percent in 2015
Enterprises tightened up the purse strings over the last year, leading to an almost six percent decrease in the amount of IT spending worldwide, said Gartner Inc. in a new report. That amounts to the largest year-over-year decrease in IT spending that Gartner has ever seen, and although the analyst firm expects things to pick ...
Gartner calls out cloud vendors for cooking the books
Gartner Inc. has called out supposed “cloud vendors” for doing what everyone has known for years – creatively cooking the books to inflate their cloud-associated revenues. Gartner made its accusations in a paper called Vendor Cloud Revenue Claims — Should Enterprises Care? where it makes the case that enterprises really should care about vendor cloud revenue ...
Microsoft decrees that new PCs will ONLY be able to run Windows 10
Microsoft is stepping up its efforts to push the world onto Windows 10 by revising its support policy in a way that means newly purchased PCs will no longer support older editions of its operating system. The new rules will mean that anyone who buys a PC powered by one of Intel’s, Advanced Micro Devices ...
A third of all IT infrastructure spending now goes to the cloud
The analysts from International Data Corp. (IDC) have just published their latest Worldwide Quarterly Cloud IT Infrastructure Tracker, and it shows that around a third of all IT infrastructure spending is now being thrown at the cloud. According to IDC, enterprises spent a total of $7.6 billion cloud IT infrastructure in the third quarter of ...
Amazon could be about to start shipping containers (really)
Evidence has emerged that Amazon.com Inc., could be about to get into the freight business and start shipping container loads of goodies across the seven seas. The ‘evidence’ comes via The Register, which spotted this blog post from Ryan Peterson, CEO of a freight shipping company called Flexport. In his post, Peterson reveals he’s stumbled ...
MapR offers up Big Data test drives on the AWS Cloud
Big Data vendor MapR Technologies Inc. has teamed up with Amazon Web Services (AWS) to offer its customers the chance to test drive versions of Dataguise DgSecure, HPE Vertica and Apache Drill & TIBCO Spotfire via AWS on its Apache Hadoop and Apache Spark platforms. Called “MapR and AWS Test Drives for Big Data solutions”, ...