Mike Wheatley
Latest from Mike Wheatley
Despite beating earnings expectations, Box sees stock fall again
Cloud storage company Box Inc. struggled to generate much enthusiasm from its investors today, despite posting second-quarter financial results that beat expectations. The company’s earnings before certain costs such as stock compensation came in at zero cents per share. Revenue rose 16% from a year ago, to $172.5 million. That was better than expected, as Wall Street ...
Nutanix stock pops on strong earnings beat
Data storage company Nutanix Inc. is flying high late today after reporting fourth-quarter financial results that easily beat expectations. The company, which sells so-called hyperconverged information technology infrastructure that integrates compute, storage and networking components, reported a loss before certain costs such as stock compensation of 57 cents per share on revenue of $299.9 million. ...
Rackspace debuts more managed services for hybrid clouds
Managed cloud services company Rackspace Inc. today announced new offerings aimed at helping its customers better manage their hybrid cloud deployments. The new services are intended to facilitate the deployment and management of modern applications, the company said. The new services come after Rackspace recently rebranded itself as an unbiased managed cloud services provider that aims to ...
With sanctions yet to bite, Huawei sees strong smartphone sales growth
China’s Huawei Technologies Co. Ltd. somehow managed to increase its share of the global smartphone market in the second quarter after seeing strong sales growth, despite the specter of a U.S. government-led embargo hanging over it. That’s according to the latest reckoning of the smartphone market from Gartner Inc. released today. Huawei, currently the world’s ...
Google’s Cloud Text-to-Speech gets more languages and voices
Google LLC today updated its Cloud Text-to-Speech service with new languages and voices in order to make it useful to more of its customers. Google Cloud Text-to-Speech is intended to help companies develop better conversational interfaces for the services they supply. It works by transforming written text into artificial speech that’s spoken in realistic human ...
Cloud-native infrastructure management firm Platform9 raises $25M
Private cloud services company Platform9 Systems Inc. said today it has raised $25 million in a late-stage round of funding that brings its total amount raised to date to $61.5 million. NGP Capital led the Series D round, which also saw participation from Mubadala Ventures and previous investors Redpoint Ventures, Menlo Ventures, Canvas Ventures and ...
VMware debuts new virtual cloud network tools to support multicloud deployments
VMware Inc. is building out its portfolio of software-defined wide-area network tools as part of an effort to advance its vision of a “virtual cloud network” that connects and secures applications, data and users across multiple cloud platforms. VMware’s idea of a virtual cloud network is a key ingredient of its wider hybrid cloud strategy, ...
France and the US agree to tax deal on tech giants
France and the U.S. say they’ve reached a deal to put an end to a French technology tax that would have hurt some of America’s biggest companies. The two countries announced the compromise today during a press briefing at the end of the Group of Seven summit in Biarritz, France. The French tax, which was announced ...
Nvidia brings AI workloads to VMware on AWS Cloud
Nvidia Corp. is enabling artificial intelligence and machine learning in the public cloud with the launch of new “accelerated GPU services” on VMware Cloud on AWS. Announced at the VMworld 2019 conference today, the new services make it simple to migrate existing vSphere-based applications and software containers to VMware Cloud on AWS, which is a ...
SPECIAL REPORT: COPING WITH MULTICLOUD
With new platform, VMware extends hybrid cloud push
VMware Inc. kicked off the opening day of its VMworld 2019 conference early today with a number of announcements that aim to further its hybrid cloud strategy. As the leading public cloud companies all fight among themselves to grab enterprise workloads that were previously deployed in on-premises data centers, VMware has cleverly positioned itself as the ...