Mike Wheatley
Latest from Mike Wheatley
Rackspace shares drop 11% on dismal Q2 guidance
Shares in the cloud hosting provider Rackspace Inc. took a battering on Monday as the company reported a dismal-looking forecast for its second quarter fiscal 2015. Rackspace said it’s total revenue for the first three months of the year was $480.2 million, a 14.1 percent increase on the previous year’s first quarter. That’s not bad ...
Russia & China sign anti-hacking pact, pledge to cooperate on cybersecurity
China and Russia have pledged not to hack or launch cyberattacks against one another, in a deal that’s designed to pave the way for wider cooperation in the areas of information technology and law enforcement. The agreement was detailed in a 12-page Russian language document posted on the Moscow government’s website. The documents states the ...
The ‘OS everywhere’ battle: For Microsoft, it’s all about the apps
One of two articles contrasting the strategies Canonical Ltd. and Microsoft are using to seed their respective operating systems across every platform ranging from phone to supercomputer. Read Maria Deutscher’s profile of Canonical’s strategy here. Last month’s Microsoft Build Conference gave us the first close-up look at the company’s strategy to reassert its dominance in the computing ...
Uber could be worth $50 billion by the end of the month
Uber Inc., which builds the ride-sharing app of the same name that has taxi firms the world over running scared, could soon be worth $50 billion if rumors of a new $2 billion funding round hold true. Uber apparently told investors of its plan to raise between $1.5 billion and $2 billion last Friday, The ...
Russian-made Elbrus chips, PCs and servers hit the market
Ever since Edward Snowden lifted the lid on the full extent of the NSA’s mass surveillance programs, foreign nations have been looking for alternatives to U.S. manufactured equipment. In the wake of Snowden’s revelations, one Russian firm announced its intention to build its own homegrown microprocessors, and today these have finally gone on sale. Moscow ...
Tableau Software thrashes analyst expectations in Q1
Tableau Software Inc. posted blockbuster first quarter of 2015 earnings, showing an astonishing 75 percent revenue growth year-over-year to $130.1 million. That figure helped the firm to smash the estimate among analysts surveyed by Thomson Reuters of $115 million in revenue. Tableau also posted earnings of 8 cents a share, beating out analyst predictions of ...
New Relic aims to keep a lid on Docker containers
While Docker containers are still relatively rare as far as actual production deployments go, security will be a major challenge for IT operations teams in the coming years. A number of Docker security concerns have already been raised, but data analytics firm New Relic Inc. is hopeful it has the tools to address them. The ...
Teradata stock price tumbles on poor Q1 earnings
Teradata Corp’s stock price took a tumble after it reported disappointing first quarter earnings numbers yesterday. The Big Data analytics firm saw its first quarter revenues slip by seven percent to $582 million, compared to $628 million in the previous year. Also, net income for the quarter fell to $22 million, compared to $59 million ...
Uber bids $3B to take HERE Maps off Nokia’s hands
Alternative transportation outfit Uber Inc. has yet to make any major acquisitions, but that could be about to change, with rumors emerging that its entered the race to snap up Nokia’s mapping product HERE, according to The New York Times. That Nokia is looking to get rid of HERE is no secret. The company said ...
SAP takes a shot at the Internet of Things with its Hana Cloud Platform
SAP SE might be struggling to get its cloud business up and running, but that hasn’t deterred it from pushing onwards and upwards. And so what’s next? The Internet of Things (IoT). The company unveiled its HANA Cloud Platform (HCP) for the IoT at Sapphire Now 2015 yesterday, before saying it plans to deepen its ...