Mike Wheatley
Latest from Mike Wheatley
Trump tariffs force tech firms to move manufacturing operations out of China
Numerous big technology firms have announced they’re preparing to shift some of their key manufacturing operations away from China to other nations in response to U.S. President Donald Trump’s intensifying trade war with the world’s second-largest economy. Bloomberg reported today that Google LLC is the latest company to take evasive action, announcing Tuesday that it’s shifting production ...
GraphQL company Apollo lands $22M funding round
GraphQL technology company Meteor Development Group Inc., which does business as Apollo, is trying to change how developers approach the way they build application programming interfaces after landing a $22 million round of funding. The Series C round was led by Andreessen Horowitz and Matrix Partners, with participation from existing investors Trinity Ventures and Webb ...
Oracle launches new AI-powered Exadata 8X database computer
Oracle Corp. is updating its powerful Exadata database server appliance that’s used by companies to run its Autonomous Database and cloud applications. The Oracle Exadata Database Machine X8, made generally available today, brings with it some “unique machine learning capabilities” that help to improve performance and monitoring. It’s the latest update of a computer that was ...
API marketplace company RapidAPI lands $25M funding round
R Software Inc., the company behind RapidAPI, which has built a developer-focused marketplace for application programming interfaces, said today it has raised $25 million in a round of funding led by Microsoft Corp.’s venture capital arm M12. Andreessen Horowitz, Green Bay Capital, and DNS Capital also participated in the Series B round, which brings RapidAPI’s total ...
Report: Apple is in talks to buy part of Intel’s smartphone modem business
Apple Inc. is reportedly having discussions with Intel Corp. about the possibility of buying part of its smartphone modem business. The report today from The Information would seem to confirm earlier rumors that Apple might be interested in a potential deal in order to reduce its reliance on third-party suppliers by designing and manufacturing its ...
GE Power touts AI-powered analytics tools to maintain electricity supplies
General Electric Co.’s subsidiary GE Power wants to help its electrical grid customers keep a better handle on their operations with a suite of new artificial intelligence-based analytics products that it says can make better use of their network data. The new products leverage GE’s latest machine learning technology, which is a subset of AI ...
Logi Analytics buys data visualization firm Zoomdata
In the latest, rapid consolidation of the business intelligence software market, Logi Analytics Inc., which sells tools for developers to embed data analytics capabilities into their software applications, today said it’s acquiring data visualization firm Zoomdata Inc. The acquisition, for an undisclosed sum, will help to further Logi Analytic’s embedded analytics capabilities, according to Zoomdata Chief ...
Intel buys Barefoot Networks to boost data center communications
Intel Corp. today said it has acquired networking infrastructure startup Barefoot Networks Inc. as it seeks to improve the communications capabilities of its data center chips. The acquisition, which was announced late Monday by Intel Executive Vice President Navin Shenoy (pictured, second from left), is designed to help the chipmaker better compete with its rival Broadcom Inc., ...
About to go public, Slack posts first-quarter loss on 67% rise in revenue
Slack Technologies Inc. today posted its full financial results for the first time as it gears up for its direct listing on the New York Stock Exchange later this month. The workplace collaboration tools company first said it was planning to go public in April, shunning the more traditional initial public offering in favor of a direct ...
White House budget chief asks for a delay on Huawei product ban
The White House’s budget chief has written to U.S. Vice President Mike Pence and nine other members of Congress asking for a delay on restrictions against China’s Huawei Technologies Co. Ltd.’s products. Reuters reported today that Russell Vought, chief deputy director of the Office of Management and Budget, sent his letter last Tuesday, requesting that some ...