Industry Keyword: cloud
Computing Platforms
Oracle opens data centre to provide cloud services across Africa
Oracle opened a data centre in South Africa to provide local cloud services across Africa for the first time, joining the likes of Microsoft and Amazon in setting up facilities in the southernmost country...
Application Platforms
EU antitrust regulator seeks input on Microsoft’s $16 billion Nuance deal
EU's antitrust regulator is taking a deeper look into Microsoft Corp's $16 billion deal for transcription technology company Nuance Communications, asking customers and competitors to draw up a list of concerns, according to a...
Application Platforms
Salesforce forecasts lower revenue as cloud competition heats up
Salesforce.com has forecast first-quarter revenue below Wall Street's estimates, casting a shadow on an upbeat performance in the third quarter, and sending its shares down 6% in extended trading.
The San Francisco, California-based company also...
Application Platforms
Software company VMware forecast profits above expectations
VMware Inc on Tuesday forecast fiscal fourth quarter adjusted profits above expectations and the global demand for cloud computing pushed up sales.
VMware said that it expects fourth quarter adjusted profits of $1.96 per share,...
Application Platforms
Baidu warns of ad revenue slowdown after quarterly results beat
Baidu has beaten quarterly revenue and profit estimates on the strength of its cloud business, but warned that China's regulatory crackdown and the pandemic would weigh on advertising sales in the coming quarters.
Beijing's wide-ranging...
Computing Platforms
Google to invest $1 billion in CME Group, agrees cloud computing deal
Google has invested $1 billion in CME Group and has struck a separate deal to move the futures exchange operator's trading systems to the cloud, the companies have said.
Under the terms of the 10-year...
Computing Platforms
Microsoft rolls out new tech to connect its cloud to rivals
Microsoft Corp has announced a new round of technologies aimed at making its cloud computing services work in data centers it does not own - including the cloud data centers of its rivals.
The strategy,...
Communication & Collaboration
Microsoft sees cloud business growth, but supply woes continue for Xbox
Microsoft has forecast a strong end to the calendar year thanks to its booming cloud business but said supply chain woes will continue to dog key units such as those producing its Surface laptops...
Computing Platforms
Study: EU tech rules should curb cloud computing providers
Draft EU rules to curb the power of Amazon, Apple, Google and Facebook should also tackle cloud computing services providers over potential anti-competitive practices, a study said.
The report coincides with concerns that some EU...
Application Platforms
Finland’s Aiven raises $60 million at $2 billion valuation
Finland-based cloud software firm Aiven has raised $60 million from existing investors World Innovation Lab, IVP and Atomico, giving the firm a valuation of $2 billion, it has said.
The funding round, an extension of...
Computing Platforms
Cloud storage provider Backblaze files for US IPO
Cloud storage provider Backblaze Inc filed for a US IPO, cashing in on growing demand for cloud computing from businesses expanding their digital offerings during the COVID-19 pandemic.
We reported back in November last year...
Computing Platforms
Computing firm OVHcloud IPO set to go ahead at low end of price range
French cloud computing services provider OVHcloud's IPO is set to move ahead at a price of 18.5 euros per share, at the low end of the range, one of the banks in charge of...