Mike Wheatley
Latest from Mike Wheatley
CrowdStrike beats earnings target as enterprises look to protect remote workers
CrowdStrike Holdings Inc. today beat expectations with better-than-expected results thanks to increased adoption of its cloud-native cybersecurity tools as enterprises look to secure remote workers during the COVID-19 pandemic. The company, which consulting and investigation services in addition to its cloud-based security tools, reported a fiscal first-quarter profit before certain costs such as stock compensation of 2 ...
Zoom crushes earning estimates and its guidance doubles expectations
Few companies have become more widely known during the COVID-19 pandemic than Zoom Video Communications Inc., and its first quarter financial numbers reflect its incredible surge in popularity. The company, which sells videoconferencing tools, crushed Wall Street’s estimates, reporting a profit before certain costs such as stock compensation of 9 cents per share on revenue of ...
Google postpones Android 11 public beta launch
Google LLC said today it’s indefinitely postponing the public beta launch of Android 11, which had already been pushed back a month to June 3. The company so far has released three developer previews of Android 11, and was set to launch the first public beta release at an online event called “The Beta Launch ...
Jeff Bezos leads investment in British logistics startup Beacon Technologies
Amazon.com Inc. founder and Chief Executive Jeff Bezos has led a $15 million funding round in the British digital freight forwarding and supply chain finance startup Beacon Technologies Ltd. Freight forwarding is a trillion-dollar global industry, and Beacon wants to act as the booking agent between importers and exporters while providing trade logistics and finance ...
Baidu open-sources its Paddle Quantum machine learning toolkit on GitHub
Chinese internet giant Baidu Inc. has unveiled a new toolkit for quantum machine learning, known as Paddle Quantum. The toolkit, newly open-sourced Wednesday, comes with several quantum computing applications and is meant to be used by developers to build and train quantum neural network models. It’s built atop the company’s deep learning platform PaddlePaddle, which ...
Data storage provider Pure Storage beats earnings targets
Pure Storage Inc. saw its stock rise today after the data storage provider reported solid fiscal first-quarter results that topped expectations. The company, which sells a range of flash memory-based data storage hardware and software products, reported a loss before certain costs such as stock compensation of 2 cents per share on revenue of $367.1 ...
CRM giants Salesforce and Workday deliver strong earnings but lower outlooks
Customer relationship management software giants Salesforce.com Inc. and Workday Inc. pulled successful quarters out of the bag today, delivering first-quarter results that topped expectations. Nonetheless, the companies were forced to revise their outlook downward for the coming quarter, and the market reacted accordingly as both stocks fell slightly in after-hours trading. Salesforce delivered a fiscal first-quarter ...
Mirantis announces first post-acquisition release of Docker Enterprise
Cloud software company Mirantis Inc. today released its first major update to the Docker Enterprise platform since acquiring it from its former owner Docker Inc. last November. The Docker Enterprise 3.1 release brings new features for the open-source Kubernetes container orchestration software, as well as graphics processing unit support for artificial intelligence and machine learning applications. ...
Box beats earnings forecast on strong demand for remote work services
Cloud storage company Box Inc. posted strong fiscal first-quarter results today, boosted by enterprise customers looking for secure remote work services to keep their operations up and running during the COVID-19 pandemic. The company reported a profit before certain costs such as stock compensation of 10 cents per share on revenue of $183.6 million, up 13% from ...
Zuora’s latest platform release aimed at simplifying business workflows
Cloud subscription management services company Zuora Inc. is updating its software-as-a-service platform with new “pre-built Workflows” and “Data Query” capabilities in its latest release. The Zuora Central Platform is used by businesses to automate their’ subscription order-to-cash operations in real time. The platform can be used to launch new businesses, shift products to subscriptions, implement ...