Mike Wheatley
Latest from Mike Wheatley
Microsoft tried and failed to buy Salesforce
It’s been ‘revealed’ that Microsoft was the mystery suitor interested in acquiring Salesforce.com Inc., but the deal reportedly collapsed after the latter company’s CEO Marc Benioff rejected the offer. Talks between the two companies reached a “serious level”, CNBC reported, citing anonymous sources. Microsoft reportedly offered an eye-watering $55 billion to acquire the San Francisco-based ...
Intel CEO Brian Krzanich dismisses PC market slump
Few companies are so invested in the PC business as Intel Corp., which derived more than 95 percent of its operating income from the market in the year just gone. But you wouldn’t know it from Intel CEO Brian Krzanich’s comments about the declining fortunes of the PC market, which he confidently brushed aside as ...
HP sells 51 percent stake in Chinese businesses to Tsinghua
Hewlett-Packard Co. has just sold a majority stake in its Chinese server and storage business to Tsinghua Holdings Co. Ltd., after launching a joint-venture the company hopes will boost sales of its hardware products in the country. Tsinghua will take a 51 percent stake in the joint venture, to be called H3C, for about $2.3 ...
Cisco accused of sanctions-busting to supply banned networking equipment to Russian intelligence agencies
Cisco Systems Ltd. has come under fire following allegations that it skirted U.S. sanctions against Russia in order to sell networking equipment to its intelligence services. The allegations were made in an investigative report by Buzzfeed, which obtained internal company documents it claims show that Cisco officials knowingly approved the deal, which was made through ...
LightCyber adds new features to shut down intrusions faster
Instead of trying to keep the bad guys out of corporate networks, a new wave of startups is turning cybersecurity on its head with a different approach: let the bad guys in, identify them, and isolate them before they can do any damage. One of the most promising of these startups is LightCyber Ltd., an ...
DataStax launches DSE 4.7 for mixed workload environments
Most enterprises find themselves with more volume and variety of data than ever before, but at a time when everyone is jumping on the analytics bandwagon, that only increases the pressure on decision makers to exploit their data more effectively. Which is why DataStax Inc. is trying to take the pressure off with its new ...
Evernote CEO Phil Libin bemoans proposed European data laws as “silly and cumbersome”
Evernote CEO Phil Libin has weighed into the European data row, saying that increased regulation over where data should be stored won’t make it safer. On the contrary, it could make data even more vulnerable to hackers, he claimed. Liblin’s comments came during an interview with the Wall Street Journal, where he said that European ...
Gartner warns of competitive landscape shift in IaaS as market grows by 33%
Cloud adoption is accelerating exponentially, according to new research from Gartner Inc. which shows the Infrastructure as a Service (IaaS) segment grew by 33 percent this year to become an estimated $16.5 billion market. Even better news for cloud providers – the market shows no signs of slowing down, with Gartner predicting an annual compound ...
Alibaba plans more data centers as part of global cloud push
When China’s Alibaba Group Holding Limited opened up its first U.S.-based data center earlier this year, many analysts said the company would refrain from trying to muscle in on the turf of more established firms like Amazon Web Services and Microsoft. Instead, most analysts appeared to buy Alibaba’s story that it’s only targeting Chinese businesses that are ...
IBM, Deloitte team up to bring Big Data analytics to risk management
IBM is teaming up with Deloitte Touche Tohmatsu Limited to develop risk management and compliance solutions for the financial services industry. The two companies outlined their plans in a statement this week, saying Deloitte would provide its expertise in financial services and risk management consulting to assist IBM as it builds a range of cloud-based ...