Mike Wheatley
Latest from Mike Wheatley
Talena promises “universal data availability” on Hadoop
Big Data availability management startup Talena Inc. has emerged from stealth on the back of a $12 million funding round, which will be used to advance its application recovery and data management solutions. The round was led by Canaan Partners, with participation from Intel Capital, ONSET Ventures and Wipro Ventures, and will see Canaan’s Deepak ...
EMC adds Hortonworks to Technology Connect partner program
Just days after Cloudera Inc. joined EMC Corp.’s Technology Connect partner program, its arch-rival Hortonworks Inc. has also signed up as a select partner, creating a vital new sales channel for its Hadoop distribution. Like the Cloudera arrangement, the deal means that EMC can now resell – either directly or through its channel partners – ...
IDC study: Converged IT leads to cost, speed & agility benefits
Converged IT infrastructure is the best bet for enterprises looking to achieve capacity flexibility while reducing costs and speeding up their return on investment (ROI), according to a new market survey from International Data Corp. The Converged IT infrastructure survey was sponsored by VCE, the spin-off company created by Cisco Systems Ltd. and EMC Corp. According to ...
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 ...