Meta signs $10 billion cloud deal with Google - source Google has struck a six-year cloud computing deal with Meta Platforms worth more than $10 billion, a source familiar with the matter told Reuters, the search giant's second big agreement recently after one with OpenAI. Business • 22 Aug
Meta signs $10 billion cloud deal with Google - source Google has struck a six-year cloud computing deal with Meta Platforms worth more than $10 billion, a source familiar with the matter told Reuters, the search giant's second big agreement recently after one with OpenAI. Business • 22 Aug
Amazon shares drop as cloud growth, sales forecast lag Amazon.com investors drove shares down sharply on Wall Street last night due to weakness in the retailer's cloud computing unit and lower-than-expected forecasts for first-quarter revenue and profit. Business • 07 Feb
Amazon shares drop as cloud growth, sales forecast lag Amazon.com investors drove shares down sharply on Wall Street last night due to weakness in the retailer's cloud computing unit and lower-than-expected forecasts for first-quarter revenue and profit. Business • 07 Feb
SAP sees higher operating profit, cloud revenue growth SAP, Europe's largest software maker, said today it was more optimistic about its financial results this year due to accelerating growth in revenue from cloud computing. Business • 28 Jan
SAP sees higher operating profit, cloud revenue growth SAP, Europe's largest software maker, said today it was more optimistic about its financial results this year due to accelerating growth in revenue from cloud computing. Business • 28 Jan
Data loss and ransomware attacks top cloud risks - survey A new survey reveals that data loss/theft and ransomware/malware attacks are the cybersecurity concerns most cited by IT leaders when it comes to the cloud. Business • 29 Aug 24
Data loss and ransomware attacks top cloud risks - survey A new survey reveals that data loss/theft and ransomware/malware attacks are the cybersecurity concerns most cited by IT leaders when it comes to the cloud. Business • 29 Aug 24
Microsoft in talks to end trade body's cloud complaint Microsoft is in talks with CISPE in an attempt to resolve its European Union antitrust complaint about the US software giant's cloud computing licensing practices, the trade group said today. Business • 07 Feb 24
Microsoft in talks to end trade body's cloud complaint Microsoft is in talks with CISPE in an attempt to resolve its European Union antitrust complaint about the US software giant's cloud computing licensing practices, the trade group said today. Business • 07 Feb 24
Cloud Clutter: Why you need a digital spring clean Multiple devices and countless clouds have made it easy for digital clutter to accumulate – which can stress us out, slow us down, and harm the environment, writes Adam Maguire. Business • 01 Feb 24
Cloud Clutter: Why you need a digital spring clean Multiple devices and countless clouds have made it easy for digital clutter to accumulate – which can stress us out, slow us down, and harm the environment, writes Adam Maguire. Business • 01 Feb 24
EU clears €1.2 billion of state aid for cloud computing The European Commission has today approved up to €1.2 billion of state aid for a European cloud computing project in a bid to boost the involvement of EU business in a field dominated by US companies. Business • 05 Dec 23
EU clears €1.2 billion of state aid for cloud computing The European Commission has today approved up to €1.2 billion of state aid for a European cloud computing project in a bid to boost the involvement of EU business in a field dominated by US companies. Business • 05 Dec 23
Ransomware, data loss and dark web top risks for firms A new survey has found that access from the dark web is a concern for 32% of IT leaders in enterprises across Ireland. Business • 07 Sep 23
Ransomware, data loss and dark web top risks for firms A new survey has found that access from the dark web is a concern for 32% of IT leaders in enterprises across Ireland. Business • 07 Sep 23
Avanade plans to add 200 staff in next 18 months Digital service provider Avanade plans to create up to 200 jobs over the next 18 months. Business • 27 Jun 22
Avanade plans to add 200 staff in next 18 months Digital service provider Avanade plans to create up to 200 jobs over the next 18 months. Business • 27 Jun 22
Microsoft says will address cloud computing complaints Microsoft will revise its licensing deals and make it easier for cloud service providers to compete, its president Brad Smith said today, as the US software giant sought to dodge a lengthy EU competition probe into its cloud computing business. Business • 18 May 22
Microsoft says will address cloud computing complaints Microsoft will revise its licensing deals and make it easier for cloud service providers to compete, its president Brad Smith said today, as the US software giant sought to dodge a lengthy EU competition probe into its cloud computing business. Business • 18 May 22
IBM marks strong start to new chapter IT giant IBM has beaten Wall Street estimates for revenue in the fourth quarter, as its focus on the cloud paid off in Big Blue's first earnings after exiting the slow-growing managed infrastructure business. Business • 25 Jan 22
IBM marks strong start to new chapter IT giant IBM has beaten Wall Street estimates for revenue in the fourth quarter, as its focus on the cloud paid off in Big Blue's first earnings after exiting the slow-growing managed infrastructure business. Business • 25 Jan 22
SAP reports 28% jump in Q4 cloud computing revenue German business software group SAP said that fourth-quarter revenue from its cloud computing business jumped 28% as more customers shift their IT operations to its cloud business database. Business • 14 Jan 22
SAP reports 28% jump in Q4 cloud computing revenue German business software group SAP said that fourth-quarter revenue from its cloud computing business jumped 28% as more customers shift their IT operations to its cloud business database. Business • 14 Jan 22
Oracle Q1 revenue falls short of expectations Enterprise software firm Oracle has fallen short of Wall Street expectations for first-quarter revenue, hurt by competition in the cloud computing space. Business • 14 Sep 21
Oracle Q1 revenue falls short of expectations Enterprise software firm Oracle has fallen short of Wall Street expectations for first-quarter revenue, hurt by competition in the cloud computing space. Business • 14 Sep 21
SAP says new cloud package a hit, confirms outlook Software group SAP said today that its new all-in cloud package was proving to be a hit with its customers, as it confirmed its first-quarter results and recently raised guidance. Business • 22 Apr 21
SAP says new cloud package a hit, confirms outlook Software group SAP said today that its new all-in cloud package was proving to be a hit with its customers, as it confirmed its first-quarter results and recently raised guidance. Business • 22 Apr 21
IBM's quarterly sales growth highest in over two years International Business Machines recorded its highest quarterly sales growth in more two years and beat Wall Street targets last night, boosted by its bets in the high-margin cloud computing business. Business • 20 Apr 21
IBM's quarterly sales growth highest in over two years International Business Machines recorded its highest quarterly sales growth in more two years and beat Wall Street targets last night, boosted by its bets in the high-margin cloud computing business. Business • 20 Apr 21
IBM revenue disappoints as software sales mark decline IBM has missed Wall Street estimates for quarterly revenue, hurt by a rare sales decline in its software unit as clients shied away from longer-term deals due to pandemic-induced economic uncertainty. Business • 22 Jan 21
IBM revenue disappoints as software sales mark decline IBM has missed Wall Street estimates for quarterly revenue, hurt by a rare sales decline in its software unit as clients shied away from longer-term deals due to pandemic-induced economic uncertainty. Business • 22 Jan 21
IBM to break up 109-year old company to focus on cloud International Business Machines is splitting itself into two public companies, capping an effort by the world's first big computing firm to diversify away from its legacy businesses to focus on high-margin cloud computing. Business • 09 Oct 20
IBM to break up 109-year old company to focus on cloud International Business Machines is splitting itself into two public companies, capping an effort by the world's first big computing firm to diversify away from its legacy businesses to focus on high-margin cloud computing. Business • 09 Oct 20
Oracle wins cloud computing deal with Zoom Zoom Video Communications has started using Oracle's cloud computing service to help handle the surge in online video call volumes brought on by the novel coronavirus pandemic. Business • 29 Apr 20
Oracle wins cloud computing deal with Zoom Zoom Video Communications has started using Oracle's cloud computing service to help handle the surge in online video call volumes brought on by the novel coronavirus pandemic. Business • 29 Apr 20
Amazon's gloomy forecast misses estimates Amazon.com last night forecast revenue and profit for the Christmas quarter below expectations, as it faces fierce competition and rising costs from its plan to speed up delivery times globally. Business • 25 Oct 19
Amazon's gloomy forecast misses estimates Amazon.com last night forecast revenue and profit for the Christmas quarter below expectations, as it faces fierce competition and rising costs from its plan to speed up delivery times globally. Business • 25 Oct 19
Microsoft forecasts cloud sales above expectations Microsoft last night forecast sales for its cloud computing services that topped analysts' estimates, despite quarterly growth slowing for its Azure business. Business • 24 Oct 19
Microsoft forecasts cloud sales above expectations Microsoft last night forecast sales for its cloud computing services that topped analysts' estimates, despite quarterly growth slowing for its Azure business. Business • 24 Oct 19
Amazon's quarterly profit jumps while shares slip Amazon last night said that its profit in the past quarter surged on strong Christmas retail sales and its soaring cloud computing business. Business • 01 Feb 19
Amazon's quarterly profit jumps while shares slip Amazon last night said that its profit in the past quarter surged on strong Christmas retail sales and its soaring cloud computing business. Business • 01 Feb 19
Microsoft's cloud computing business grows Microsoft's profit forecast was better than Wall Street's forecast, helped by growth in its cloud computing business, but it took a $13.8 billion one-time charge due to the new US tax law. Business • 01 Feb 18
Microsoft's cloud computing business grows Microsoft's profit forecast was better than Wall Street's forecast, helped by growth in its cloud computing business, but it took a $13.8 billion one-time charge due to the new US tax law. Business • 01 Feb 18
Microsoft's quarterly Surface sales sink Microsoft slightly missed Wall Street's average revenue estimate for the latest quarter, as sales of its Surface tablets and laptops slumped in the face of revamped competition in the personal computer market. Business • 28 Apr 17
Microsoft's quarterly Surface sales sink Microsoft slightly missed Wall Street's average revenue estimate for the latest quarter, as sales of its Surface tablets and laptops slumped in the face of revamped competition in the personal computer market. Business • 28 Apr 17
Microsoft shares hit high as cloud business soars Microsoft said sales of its flagship cloud product doubled in its first quarter, propelling earnings above analysts' estimates. Business • 21 Oct 16
Microsoft shares hit high as cloud business soars Microsoft said sales of its flagship cloud product doubled in its first quarter, propelling earnings above analysts' estimates. Business • 21 Oct 16
Intel's third quarter results beat estimates Intel last night reported better than expected quarterly earnings and revenue, boosted by improving personal computer demand and growth in its data centre and cloud businesses. Business • 19 Oct 16
Intel's third quarter results beat estimates Intel last night reported better than expected quarterly earnings and revenue, boosted by improving personal computer demand and growth in its data centre and cloud businesses. Business • 19 Oct 16
