Mike Wheatley
Latest from Mike Wheatley
Report: Trump to sign order banning US firms from doing business with Huawei
U.S. President Donald Trump is reportedly set to sign an executive order this week that will prevent American companies from buying telecommunications equipment from Chinese firm Huawei Technologies Co. Ltd. Reuters cites three U.S. officials “familiar with the plan” as saying that the order is designed to block U.S. firms from doing business with any company that ...
Google opens new center for privacy engineering in Munich
Google LLC is getting deadly serious about user privacy, announcing plans today to create what it calls a “Google Safety Engineering Center” in Munich. The center will house a dedicated engineering team that will focus on creating privacy features for all of its products. Google Chief Executive Sundar Pichai said in a blog post the company intends ...
AI chip startup Hailo announces specialized deep learning processor
Israeli computer chipmaker Hailo Technologies Ltd. is the latest startup to try to crack the artificial intelligence world with a new processor customized for deep learning workloads. The company, which is focused on the automotive sector, says its chip enables devices to run “sophisticated” deep learning applications at the edge of the network that could ...
Application performance monitoring firm Unravel Data raises $35M
Big-data application performance monitoring firm Unravel Data Systems Inc. today said it has raised $35 million in a round of funding led by Point72 Ventures. Harmony Partners and existing investors Menlo Ventures, GGV Capital and M12 also participated in the Series C round, which brings Unravel’s total funding to date to just over $57 million. The ...
Microsoft earmarks $100M for its first Africa Development Center
Microsoft Corp. says it will open its first “development center” in Africa, with plans to spend more than $100 million over the next five years and hire 400 new staff over the next four years. The initiative will stretch across the African continent. Microsoft plans to open two initial offices, in Nairobi, Kenya, on the ...
Nvidia accelerates financial trading algorithms for hedge funds
Nvidia Corp. is showing off the credentials of its artificial intelligence platform in the financial services industry, claiming a 6,000-times performance boost for running an algorithm used by hedge funds to benchmark the testing of trading strategies. “Backtesting,” as it’s called, is important for financial traders because it allows them to evaluate how new trading ...
Symantec’s stock crumbles as CEO Greg Clark quits
Cybersecurity firm Symantec Corp. saw its stock plunge more than 15% in after-hours trading today after announcing that President and Chief Executive Officer Greg Clark has quit the company. Board member Richard S. Hill has been appointed as the company’s interim CEO while it launches a search for a permanent replacement. In addition, Symantec announced its ...
Cybersecurity firm Forescout flops on disappointing guidance
Forescout Technologies Inc. was left reeling today after investors dumped its shares in the wake of guidance for its second quarter that fell well short of expectations. The “internet of things”-focused cybersecurity firm actually did quite well in the quarter just gone. It reported a first-quarter loss before certain costs such as stock compensation of 41 cents per ...
Dropbox tops earnings estimates as customers pay more
Updated: Things are looking up for the cloud storage company Dropbox Inc., which not only beat forecasts on first-quarter earnings and revenue but also persuaded its customers to pay more for its storage and other services, boosting its average revenue per user. The company, which began life as a free cloud storage service but now ...
Google expands SAP partnership, offering HANA Enterprise Cloud as a managed service
Google LLC is expanding a two-year-old partnership with German enterprise software company SAP SE with a deal to offer SAP’s HANA Enterprise Cloud on its cloud as a fully managed service. The tech giant is also publishing a series of “market approved journeys” tied to reference architectures to help customers get set up with Sap’s ...