cloud

Platform News: KKR investments

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’...

Platform industry news: Oracle Corp

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 Corp

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...

Platform Economy: Parler App

Parler sues Amazon again, alleging effort to ‘destroy’ app

Parler, a wildly social media app, filed a new lawsuit accusing Amazon.com of trying to destroy its business following the January 6th storming of the US Capitol building by suppor...

Platform News: Spotify music streaming app based out of Sweden

Spotify to allow employees to work from anywhere

The Swedish music streaming titan, Spotify Technology will allow its employees to work from anywhere, the company announced in a blog post late last week, further upending the futu...

Platform Industry: Ford logo on a truck

Ford, Google join hands to offer cloud-based data services

Ford Motor Company will utilise software, cloud computing and AI offered by Google to develop new consumer services and modernize its internal operations, the companies announced o...

Platform Industry: SAP software logo

SAP, promising transformation, kicks off its cloud computing push

Christian Klein, the Chief Executive Officer of software group SAP, has launched a campaign to encourage customers to move operations to the cloud, a change that has attracted shor...

Platform News: IBM logo

IBM revenue disappoints as software sales mark rare decline

IBM Corp missed Wall Street estimates for quarterly revenue, hurt by a infrequent earnings decline in its software unit as customers shied away from longer-term prices as a result ...

Platform News: Amazon building

Amazon urged judge to set aside $10 billion cloud contract award to Microsoft

Amazon.com urged a US judge to throw out the Pentagon’s $10 billion JEDI cloud computing contract award after the Defense Department said in September a court-ordered re-eval...

Platform Industry: Microsoft logo

Microsoft beats sales estimates as Azure growth ticks upward

Microsoft beat Wall Street estimates for annual revenue and profit yesterday, driven by a slight uptick in expansion in its flagship cloud computing firm since the software maker c...

Platform News: Tech Titans including Facebook, Google, Amazon and Apple

Big Tech earnings approach under antitrust cloud

Apple, Alphabet, Amazon and Facebook, together accounting for about a fifth of their S&P 500’s total value, report their quarterly results on Thursday, with their stocks ...

Twilio

Twilio to buy cloud customer data start-up Segment for $3.2 billion

Cloud communications platform provider Twilio Inc has said it would purchase customer information platform Segment for $3.2 billion within an all-stock deal.

Platform News: Alibaba online marketplace

News short: Alibaba CFO says cloud division to be profitable within FY2021

Chinese platform giant Alibaba’s cloud unit hopes to be profitable inside 2021, a senior executive said early on Wednesday.

Platform Industry: Microsoft operating system users

Microsoft enters 5G race with Azure cloud for telecom operators

Microsoft has unveiled a brand new cloud platform on Monday aimed at allowing telecom operators to construct 5G networks quicker, reduce costs and sell customised solutions to busi...