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.
Rackspace IPO prices at low end of target range
Cloud solutions firm Rackspace Technology sold shares in its IPO on Tuesday at $21 per share, the lowest end of its target range, to raise $703.5 million, the company said.
Google Cloud prepares for Black Friday ‘peak on top of peak’
Google Cloud unit is well poised for a surge in fourth-quarter earnings from US merchants, since they brace for listing internet shopping through the holidays because of the ongoin...
White House adviser Navarro suggests Microsoft divest its China holdings
White House trade adviser Peter Navarro suggested on Monday that Microsoft Corp could divest its holdings in China if it were to buy the Chinese possessed short-video program TikTo...
Google advertising rebound offsets Alphabet’s first-ever sales drop
Google’s advertising sales have recovered since they plummeted back in March because of the COVID-19 pandemic, parent Alphabet Inc said on Thursday, easing worries about its ...
US lawmakers accuse Big Tech of crushing rivals to boost profits
Google and Facebook took the sharpest jabs from politicians at a much-anticipated congressional hearing that put four of America’s most notable tech Chief Executives in the p...
International prospects dim for China’s tech businesses
Huawei Technologies founder Ren Zhengfei’s global ambitions are marked in mortar and bricks in a business campus in China, where the buildings are replicas from European town...
Can remote work growth offset stalls in Microsoft’s one-time deals?
Investors have pushed shares of Microsoft up almost 30% since the start of the year, betting that the pandemic-induced shift to more remote computing will boost its business.
Top EU court ditches transatlantic data transfer deal
Europe’s highest court has ruled that a transatlantic data transfer deal is invalid because of concerns about US surveillance in a decision that could disrupt thousands of co...
Blow for EU as Apple wins fight against $15 billion tax order
Apple has scored a major win as Europe’s second-highest court rejected an EU order for Apple to pay 13 billion euros (approximately $15 billion) in Irish back taxes, dealing ...
News Short: Google shuts down ‘Isolated Region’ cloud project
Google has said it has shut down its cloud project named “Isolated Region” and added that it was not weighing options to offer its cloud platform in China.
Deutsche Bank and Google agree a multi-year strategic partnership
Deutsche Bank has said it has agreed a strategic, multi-year partnership with Google to give the German lender access to cloud services and drive innovation in technology-based fin...
Sushi meets AI: Japanese inventor’s app scopes out the best tuna cuts
If you’ve ever bought sushi in a supermarket, you may know the taste trauma that hit Kazuhiro Shimura one night. But “disappointing” tuna sparked an idea: he̵...
Tencent adopts more aggressive tactics in its push for Chinese cloud dominance
For Chinese cloud services companies, the COVID-19 pandemic has generated new business as businesses shift to work online and authorities develop apps and systems to help contain o...
British police arrest “iconic” criminals in biggest ever operation after encryption breakthrough
The British police have said they had carried out their biggest operation ever, arresting “iconic” figures and smashing thousands of conspiracies including murder plots...