Mike Wheatley
Latest from Mike Wheatley
Dropbox beats earnings estimates but stock falls on slower customer growth
Updated: Shares in cloud storage company Dropbox Inc. took a beating today after it fell short on a key quarterly metric that indicates future growth and reported its slowest growth in paid users since going public. Dropbox’s second-quarter results were pretty good, though. The company reported a profit before certain costs such as stock compensation ...
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Broadcom acquires Symantec’s enterprise security business for $10.7B
Computer chipmaking company Broadcom Inc. announced Thursday that it’s buying Symantec Corp.’s enterprise security business in a deal valued at $10.7 billion, confirming earlier reports that discussions of an acquisition were at an advanced stage. The acquisition means Symantec will effectively split into two, with Broadcom taking over its portfolio of enterprise security products and ...
Google heralds a new era of ‘Deployed AI’ to transform businesses
Google LLC today declared that the use artificial intelligence has entered a new era, as companies move on from simply conceptualizing what the technology can potentially do to actually using it to elevate their businesses. This new era is called the age of “Deployed AI,” which Google Vice President of AI Andrew Moore said in ...
VMware HCX app mobility platform now handles non-vSphere migrations
Virtualization software company VMware Inc. today is updating the enterprise version of its VMware HCX application mobility platform with some useful new capabilities, including the ability to perform live migrations of both vSphere and other workloads. VMware HCX Enterprise is a set of integrations that connects various on-premises systems, private clouds, VMware Cloud on AWS ...
AMD announces next-generation EPYC data center chips and big customer wins
Advanced Micro Devices Inc. today announced the launch of its second generation of EPYC processing chips for data centers, adding some new big-name customers including Google LLC and Twitter Inc. The company’s 2nd Gen AMD EPYC processors are built using new technology from contract manufacturers that delivers better performance while using less power than its previous-generation ...
Salesforce to acquire field service software provider ClickSoftware for $1.35B
Customer relationship management software giant Salesforce.com Inc. said today it will buy ClickSoftware Technologies Ltd. for $1.35 billion in cash and stock. ClickSoftware sells what’s called field service software, which is used to keep track of company employees that perform maintenance tasks and provide other services “out in the field” for customers. Salesforce already sells ...
Broadcom reportedly close to $10B deal to buy Symantec’s enterprise business
Computer chipmaker Broadcom Inc. is about to acquire cybersecurity firm Symantec Corp.’s enterprise business for about $10 billion, according to separate reports from the Wall Street Journal and Reuters late today that cite people familiar with the matter. The companies are reportedly at the “advanced talks” stage, and a deal could be confirmed as early as this week, ...
Google extends zero-trust security model with context-aware access for virtual machines
Google LLC is making new context-aware access capabilities in its cloud-based Identity-Aware Proxy service generally available today as it tries to encourage wider adoption of its BeyondCorp, or “zero-trust,” security model among its enterprise customers. The zero-trust security model is a framework that involves shifting access controls from the perimeter to individual devices and users, allowing ...
Debugging software startup Rookout lands $8M funding
Israeli debugging tools provider Rookout Inc. is hoping to get a bit more traction after raising $8 million in a new round of funding. Announced today, the Series A round was led by Cisco Investments along with existing investors TLV Partners and Emerge. Also participating in the round were GitHub Inc. Chief Executive Nat Friedman, LaunchDarkly Chief ...
Microsoft and Informatica team up to ease cloud data warehouse migration
Microsoft Corp. is teaming up with data integration software company Informatica LLC in a bid to tempt more enterprises to use its cloud-based Azure SQL Data Warehouse service. The companies are working together to make it easier for potential customers to migrate their data analytics processes to the cloud, John ‘JG’ Chirapurath, general manager of ...