Mike Wheatley
Latest from Mike Wheatley
Rackspace Inc. has a problem on its hands. The company is growing, but not nearly fast enough to satisfy its investors, who responded by selling off company shares in their droves earlier this week on the back of disappointing guidance. On Monday, …
Filmmakers denounce “six strikes” Copyright Alert System
In a piece of news that barely made any headlines last month, a group of small movie studios teamed up to launch a new coalition dubbed the Internet Security Task Force (ISTF). But while the group’s launch largely went under the radar, …
Samsung unveils its IoT play: The Artik System-on-a-Chip
Samsung Electronics Co., Ltd. might be struggling to grow its smartphone business anymore, but could soon make up for it with a new series of chips it hopes will power the Internet of Things. Announced yesterday at the Internet of Things World …
Bit Stew grabs $17M funding to bring Industrial Internet automation to the oil & gas sector
Bit Stew Systems, a little-known startup that’s landed several major North American utility customers for its data integration and operations software platform, has raised $17.2 million in series B funding to expand into Europe, branch into the oil and gas industry, and …
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, …
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 …
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 …
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 …
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 …
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 …