cloud
Zoom to buy cloud-based call center operator Five9 in $15 billion deal
Zoom has announced a $14.7 billion all-stock deal to buy cloud-based call center operator Five9 Inc in its largest-ever acquisition, as competition intensifies in its core videocon...
The fight by Microsoft and Amazon for the Pentagon’s cloud contract
The US Defense Department dealt a blow to Microsoft Corp when the Pentagon announced it was scrapping the Trump-era award of a $10 billion JEDI cloud-computing project.
Cloud ramp up weighs on Oracle’s profit view, shares fall
Oracle Corp has forecast current-quarter profit below Wall Street estimates, as the business software maker ramps up investments in its cloud computing business to take on rivals i...
Skin in the game: Video chat apps tout ‘inclusive’ AI features
Video conferencing services have for years boasted that their technology is “intuitive” to use or “integrated” to function with other tools, but now vendors...
Software maker Dye & Durham gets offer from management-led group
Dye & Durham Ltd, a Canada-based cloud-based software vendor, has received a buyout offer from a management-led shareholder group worth about C$3.4 billion (approximately $2.8 ...
Oracle launches Arm-based cloud computing service using Ampere chips
Oracle Corp has launched a cloud computing service powered by data center chips from Ampere Computing based on technology from Arm Ltd, the second major cloud company to offer an A...
Israel signs cloud services deal with Amazon and Google
Israel’s government has said it had signed a deal with Amazon Web Services (AWS) and Google for a more than $1 billion project to provide cloud services for the country’...
Baidu beats quarterly revenue estimates on AI, cloud boost
Baidu Inc has reported quarterly revenue that beat Wall Street estimates, as the company beefed up its cloud and artificial intelligence services to fend off competition in the adv...
IBM to acquire software provider Turbonomic for over $1.5 billion
IBM has said it has agreed to acquire Turbonomic, a provider of software that helps companies monitor the performance of their business applications, the latest in a series of clou...
Microsoft sales grow on cloud strength, shares dip on heightened valuation
Microsoft Corp met analysts’ quarterly sales expectations and beat profit estimates, but its shares fell slightly as investors hoped for an even stronger performance after a ...
IBM returns to sales growth after a year of declines on cloud strength
IBM returned to sales growth in the first quarter after a year of declines and beat Wall Street targets on Monday, boosted by its bets in the high-margin cloud computing business.
KKR invests $500 million in cloud storage firm Box
Box Inc has said private equity giant KKR & Co Inc would lead a $500 million investment in the company and get a board seat, marking an end to the cloud services provider’...
Oracle offers to move clients to cloud for free as it plays catch-up
Oracle Corp has announced it will migrate companies’ most complicated computer programs to its cloud for free as it tries to catch a new wave of potential cloud-computing cli...
Microsoft rolls back update to fix access issues for thousands
Microsoft Corp has stated that the glitches that affected access to its workplace messaging app Teams, Outlook.com and other services have been largely fixed after it rolled back a...