cloud
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...
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.
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 ad...
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.
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 ...
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 ...
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...
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...
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 pand...
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 th...
Google Cloud unveils carbon footprint tracker, satellite imagery suite
Google will tell its cloud customers the carbon emissions of their cloud usage and open satellite imagery to them for the first time for environmental analysis, as part of a push t...
Global Payments Chief Executive says its open to big deals again
Global Payments Inc CEO Jeff Sloan has said in an interview he would be open to a large acquisition again, two years after acquiring peer TSYS in a $21.5 billion all-stock deal, wh...
Thales partners with Google on secure cloud services
Defence company Thales and Google are partnering to offer state-vetted cloud computing services for the storage of some of France’s most sensitive data, the companies have sa...
Bank of England: Big Tech cloud services could face resilience test
Amazon, Google and other tech companies providing cloud computing to banks in Britain may have to comply with minimum resilience standards and testing, a senior Bank of England off...
Microsoft warns Azure customers of flaw that could have permitted hackers access to data
Microsoft has warned some of its Azure cloud computing customers that a flaw discovered by security researchers could have allowed hackers access to their data.