Mike Wheatley
Latest from Mike Wheatley
Call center software firm Five9 tops earnings forecasts as cloud trends accelerate
Call center software company Five9 Inc. topped expectations for its second-quarter results today as it reaped the benefits of the coronavirus pandemic that has forced more people to work from home. The company reported a profit before certain costs such as stock compensation of 21 cents per share on revenue of $99.8 million, up 29% from a year ...
Linux Foundation announces new initiative to secure open-source software
The Linux Foundation said today it’s presiding over a new foundation that brings some of the world’s most important open-source security initiatives under a new umbrella. The newly launched Open Source Security Foundation will host security projects such as the Core Infrastructure Initiative, which was set up in response to the infamous Heartbleed vulnerability discovered in ...
New Relic revamps its application monitoring portfolio with simpler pricing
Application and DevOps monitoring provider New Relic Inc. said today it’s repackaging its main product suite into just three categories and introducing a more simplified pricing model that should lead to lower costs for its customers. It’s also adding a free pricing tier for software engineers to test its software. New Relic One is the company’s ...
Chipmaker Xilinx beats earnings estimates but its stock falls
Computer chipmaker Xilinx Inc. today topped expectations on earnings and revenue as it delivered its fiscal first-quarter results. The company, which makes chips for the aerospace and defense industries as well as for servers and consumer products, reported a profit before certain costs such as stock compensation of 65 cents per share on revenue of $727 million ...
Despite pandemic store closures, Apple delivers record profit and revenue
Apple Inc. set new records today as it posted third-quarter results that easily beat market estimates thanks to double-digit growth in both its products and its services. The iPhone maker also said it’s going to give its investors three additional shares of the company per share already owned in a four-for-one stock split designed to ...
Samsung profits grow 23% on strong memory chip demand
Samsung Electronics Co. Ltd.’s stock rose slightly today after the Korean electronics giant said it expects to see growing demand for mobile devices and consumer electronics in the second half of the year. However, it warned that its business still faces risks from the coronavirus pandemic and increased competition. The company said its operating profit ...
Apple faces new probe over iPhone performance throttling claims
Apple Inc. is facing another multistate probe into its practice of throttling older iPhones, this time led by Arizona Attorney General Mark Brnovich. The probe, which could also involve Texas, began in October 2018 and is trying to determine if Apple’s deliberate slowing down of older iPhones was in violation of deceptive trade practice laws, ...
Qualcomm shares surge after it announces new licensing deal with Huawei
Smartphone chipmaker Qualcomm Inc.’s shares rose by double digits in after-hours trading today after it reported better-than-expected third-quarter results and said it has resolved a long-running dispute with Huawei Technologies Co. Ltd. It also agreed to a new long-term licensing agreement with the Chinese firm that should bring in about $1.8 billion in revenue in the ...
Nvidia sets 16 new performance records in latest MLPerf AI benchmarks
Nvidia Corp. said today the latest MLPerf benchmark test results prove that its latest platforms deliver the world’s fastest artificial intelligence training performance among all commercially available systems. Nvidia’s new A100 graphics processing unit and its DGX SuperPOD system (pictured), which is a massive cluster of A100 GPUs connected with its HDR InfiniBand technology, both ...
Google Cloud announces three new marquee customers
Google LLC announced a hat trick of customer wins today that showcases the growing strength of its public cloud computing services. The new customers include Indian information technology services giant Wipro Ltd., which said today it’s planning to upgrade its core enterprise resource planning system to SAP SE’s S/4HANA and migrate those workloads to Google Cloud. Wipro said ...