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Winning With WCLD In 2021: How Cloud Computing Stocks Can Deliver More Upside
Monday, January 4, 2021 - 5:29pm | 582Read More...In 2020, the technology sector was hot, but many cloud computing equities were simply scintillating, a theme that's still in its early innings. What Happened: For investors that like the idea of cloud exposure, but don't like the idea of stock picking in this segment, there are three...
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Amazon Continues Legal Fight For $10B JEDI Contract, Says Award To Microsoft A 'Politically Corrupted Decision'
Wednesday, December 16, 2020 - 5:49am | 467Read More...Amazon Inc’s (NASDAQ: AMZN) cloud division AWS has not given up on the fight to reclaim the $10 billion defense deal from Microsoft Corporation (NASDAQ: MSFT), Reuters reports. Microsoft received a contract for the $10 billion Joint Enterprise Defense...
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Amazon Aims To Upskill 29 Million In Cloud Computing
Friday, December 11, 2020 - 7:17am | 472Read More...Amazon Inc (NASDAQ: AMZN) disclosed plans to retrain 29 million people globally in cloud-computing skills by 2025. As a part of the effort, Amazon will offer cloud computing training events using current AWS designed programs and newly developed courses. What Happened: The...
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Microsoft, Deutsche Telekom Expand Partnership To Speed Up Cloud Computing Initiatives
Thursday, December 10, 2020 - 6:43am | 448Read More...German telecommunications company Deutsche Telekom AG (OTC: DTEGY) and Microsoft Corporation (NASDAQ: MSFT) have inked a seven-year deal to accelerate the digitalization of midmarket businesses and enterprise customers. What Happened: An official...
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Cisco Acquires London-Based IMImobile In $721m Deal
Tuesday, December 8, 2020 - 5:55am | 375Read More...Networking services and hardware company Cisco Systems Inc (NASDAQ: CSCO) is buying London-based cloud communications software startup IMImobile PLC. Through the acquisition, Cisco is attempting to enhance its Customer Experience as a Service (CXAAS). IMImobile shares on...
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Amazon Brings MacOS To AWS — Making App Development For Apple Devices Possible Over Cloud
Tuesday, December 1, 2020 - 3:39am | 399Read More...Amazon Web Services, Amazon Inc’s (NASDAQ: AMZN) cloud computing division, on Monday released EC2 Mac Instances — a first of its kind platform for developers building apps for Apple Inc’s (NASDAQ: AAPL) devices. This makes macOS available on the cloud for the first time ever....
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Google Thinking Of 2023 With Its Gaming Service Stadia As War With Fellow Tech Giants Heats Up
Wednesday, November 25, 2020 - 2:50am | 528Read More...Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) subsidiary Google’s Director of Games Jack Buser said that the tech giant has 400 games under development for its Stadia service, The Verge reported Tuesday. What Happened: Buser made the revelation in an interview with MobileSyrup, disclosing ...
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Adobe's Plans To Strengthen Its Experience Cloud Segment With $1.5B Workfront Acquisition
Tuesday, November 10, 2020 - 7:05am | 563Read More...Adobe Inc (NASDAQ: ADBE) will acquire Workfront Inc, a Utah based software company providing cloud-based work and project management solutions, for $1.5 billion. The deal is expected to close in Adobe's first fiscal quarter of 2021. What Happened: The $1.5 billion...
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SAP Lowers 2020 Guidance As Revenue Falls In Q3
Monday, October 26, 2020 - 2:39am | 463Read More...Software company SAP SE (NYSE: SAP) reported revenue of €6.5 billion for its third quarter on Monday, approximately 4% lower year-over-year. Its predictable revenue, that is, combined non-IFRS revenues from the cloud segment and the software support segment, for Q3 was 74%. EPS...
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IBM Makes Esports Debut With Multi-Year Overwatch Deal
Friday, October 9, 2020 - 2:47am | 332Read More...International Business Machines Corporation (NYSE: IBM) announced a multi-year deal with the professional esports league Overwatch late Thursday. The deal will introduce IBM’s cloud computing and artificial intelligence capabilities, including its natural language processing and...
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Microsoft Plans To Skirt Apple Ban On Cloud Gaming Apps Via Browser-Based Service: Report
Friday, October 9, 2020 - 1:06am | 431Read More...Microsoft Corporation (NASDAQ: MSFT) is opting to use a web-browser based solution to bring its xCloud gaming service to iOS devices, Business Insider reported Thursday. What Happened: The Redmond, Washington-based company’s executive vice president of gaming told employees at a company...
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Alibaba Sees Cloud Business Finally Turning Profitable This Year
Wednesday, September 30, 2020 - 3:51am | 364Read More...Maggie Wu – the Chief Financial Officer of Alibaba Group Holdings Inc (NYSE: BABA) — believes that the company’s cloud business may turn profitable in the current fiscal year ending on March 2021, according to CNBC. What Happened: Zhang said cloud computing is overall in a "...
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Microsoft Launches Cloud Communications Services To Rival Twilio
Tuesday, September 22, 2020 - 10:52pm | 377Read More...Microsoft Corporation (NASDAQ: MSFT) on Tuesday launched Azure Communications Services, composed of cloud-based voice and video calling, chat, and telephony features. What Happened: The new features are built natively on top of the tech giant’s Azure cloud, according to TechCrunch, which...
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Sumo Logic Prices IPO Above Indicated Range, In Third Software Startup Listing This Week
Thursday, September 17, 2020 - 1:32am | 380Read More...Sumo Logic Inc (NASDAQ: SUMO) priced its initial public offering above indicted range on Wednesday. What Happened: The cloud-based data analytics company disclosed that it plans to issue 14.8 million shares at an offer price of $22 per share. The common stock will trade under...
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Apple, Google, Dropbox Face Italy Antitrust Probes Over Cloud Computing Services
Monday, September 7, 2020 - 11:29pm | 398Read More...Italy’s antitrust authorities said Monday they are opening six investigations against global operators of cloud computing services such as Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) subsidiary Google, Apple Inc (NASDAQ: AAPL), and Dropbox, Inc (NASDAQ: DBX). What Happened: Italy’s...
