Computing Platform News
From cloud hosting, PaaS and IaaS, through to Machine Learning and AI, this is our latest news and ongoing commentary on the computing platform sector.
Upgrade for EU antitrust rules, more funds for digital projects
The European Commission will revise its own antitrust principles to keep up with global changes and invest a fifth of its 750-billion-euro (approximately $890 billion) coronavirus ...
Microsoft takes aim at Sony with cloud gaming service
This coming Tuesday, Microsoft will launch its Xbox cloud gaming service, initially priced at $1 for new users’ first month, in a major drive to attract casual gamers with th...
France wants the EU to continue with a digital tax if global efforts fail
The EU should push ahead with its own digital taxation in the first quarter of 2021 if wider efforts to find an international solution don’t bring a breakthrough this season,...
Wall Street sees a bright side in ‘healthy’ tech stock selloff
Some of Wall Street’s biggest players are seeing the stock market’s recent tech-led selloff as a bout of turbulence as opposed to the beginning of a longer slide —...
Snowflake looks to raise about $2.38 billion from its US float
Snowflake Inc, backed by the venture capital business Sequoia, said it expects to raise approximately $2.38 billion in its initial public offering in the US, about two weeks after ...
Japan looks to AI as coronavirus challenges go-and-see quality control mantra
At a mill south of Japan’s Toyota City, robots have started sharing the work of quality-control inspectors, since the pandemic accelerates a change from Toyota’s vaunte...
Elon Musk’s Neuralink puts computer chips in pigs brains
Elon Musk’s neuroscience start-up Neuralink has introduced a pig called Gertrude who has had a coin-sized keyboard in its own mind for fourteen years, displaying a first step...
US to spend $625 million in five quantum research hubs
The US Department of Energy has said that it will provide $625 million over the next five years for five recently formed quantum information research hubs as it tries to keep ahead...
Hong Kong activist warns West to shun ties to Chinese tech
Chinese businesses like Huawei pose a threat to the West, a Hong Kong pro-democracy activist has said on a trip to Italy, ahead of the Italian foreign ministry’s meeting with...
Alibaba beats estimates as pandemic fuels online
Alibaba Group beat quarterly revenue and profit estimates, as its e-commerce and cloud computing companies continued to grow after China’s emergence in the coronavirus lockdo...
Apple’s stock market value hits $2 trillion
Just two years after Apple became the first publicly listed US company to achieve a $1 trillion stock market value, the iPhone maker has topped $2 trillion.
Tech fuelled ‘everything’s awesome’ rally looking unstoppable
Today’s $72 trillion question for investors: To buy or not to buy into the international equities rally? Notwithstanding inflated share prices, politics and the pandemic, the...
Oracle enters race to buy TikTok’s US operations
The Financial Times newspaper has reported that Oracle has held preliminary talks with TikTok’s owner, ByteDance, and is said to be seriously considering buying the viral sho...
Amazon to help Toyota build cloud-based data services
Amazon.com’s cloud computing device will help Japan’s Toyota Motor Corp construct a platform to help manage and monetise information accumulated from the automaker̵...