Robert Hof
Latest from Robert Hof
To boost its cloud, Google doubles down on machine learning for enterprises
As Google Inc. aims to catch up in cloud computing with leaders Amazon Web Services and Microsoft Azure, it’s doubling down on what is arguably its biggest technology advantage: the branch of artificial intelligence called machine learning. Today the search giant announced a series of new machine learning services and features available through its cloud ...
Hortonworks moves into Amazon Web Services’ cloud
In another sign of the ever-fuzzier line between the corporate data center and the cloud, big data software company Hortonworks Inc. today announced that its data handling and analysis software is now available on Amazon.com’s Inc. cloud computing service. The Hortonworks Data Cloud for Amazon Web Services was announced in a technical preview in June ...
Nvidia shares soar as sales of its graphics chips crush forecasts
Strong sales of graphics chips for gaming, artificial intelligence and autos helped Nvidia Corp. nearly double earnings in its third quarter, driving shares up almost 16 percent in after-hours trading Thursday. The Santa Clara, Calif.-based maker of graphics processing unit chips said revenues rose 54 percent, to $2 billion. Net profit jumped to $542 million, ...
In era of cloud giants, venture capitalists still want to invest in enterprise startups
Despite the inexorable advance of cloud computing giants into data centes and enterprise technologies, venture capitalists are still betting that startups in storage, networking, databases and other enterprise products have plenty of opportunity to thrive. OK, so maybe it’s no surprise VCs, who are paid to find startups to invest in, insist that, yes, of ...
Hortonworks shares jump as revenues top forecasts
Big data leader Hortonworks Inc. managed to win back at least some investors’ confidence today with third-quarter earnings that beat revenue expectations despite a somewhat higher-than-forecast loss. The company, whose software helps companies collect and analyze massive amounts of data across networks of computers, reported a loss of $40.2 million, or 68 cents a share, ...
Mobile ads drive soaring Facebook earnings, but investors worry about 2017
Facebook Inc. again crushed Wall Street earnings estimates today, thanks to all those video ads you’re watching on your smartphone. But investors worry if the good times will last. The social network reported yet another better-than-expected quarter — cementing, along with search giant Google Inc., a growing duopoly in online advertising. The chief driver was mobile ...
Marc Andreessen joins board of cloud communications startup Dialpad
You probably haven’t heard of Dialpad Inc. Marc Andreessen intends to change that. The well-known venture capitalist and general partner at Andreessen Horowitz today joined the board of Dialpad, a San Francisco-based startup that’s aiming to kill the traditional desk phone with its entirely cloud-based phone and communications system. Its founder and chief executive is ...
Who needs text chat? HipChat debuts link to Amazon’s Alexa voice assistant
Amazon.com Inc.’s Echo, the smart speaker with a Star Trek-style intelligent voice assistant called Alexa, is still something of a novelty for consumers to ask about the weather forecast or order products. Now it’s finding its way into the office. HipChat, the team chat application owned by Atlassian Corp. PLC, today announced a connection between ...
Despite surging cloud business, Amazon’s profits miss forecasts
Despite continuing strength in the cloud computing business that has buoyed profits for the past year or more, Amazon.com Inc. today reported third-quarter profits that missed analysts’ expectations. The Seattle-based online retailer and cloud giant said it earned a profit of $252 million, or 52 cents per share. That was way above the 17 cents ...
Google beats earnings forecasts on mobile ads, YouTube and a wisp of cloud
Bolstered by ads on smartphones and YouTube, Google Inc. parent company Alphabet Inc. posted a 23 percent jump in profits on a similar rise in revenues for its third quarter. The company said it earned a profit before certain expenses such as stock compensation of $9.06 a share, up from $7.35 a year ago, on ...