Cloud business drives Amazon stock takes off after hours 02/04/2022, 06:30 am The US online retailer Amazon surprisingly doubled its profits in the past quarter. One reason is the best shopping weekend in its history with “Black Friday” and “Cyber Monday”. The quarterly figures give the share a catapult start in the middle of a…
Alphabet, the parent company of Google, announced its financial results for the fourth quarter of 2021 on Tuesday. They are better than expected, thanks to the general strength of advertisers’ spending and the strong online activity of consumers. The company also reported substantial revenue growth from Google Cloud. Advertising and the growing cloud Google advertising…
Google Cloud takes cryptocurrency seriously and is focused on developing blockchain-based applications to expand its business into new areas. The tech giant has announced the creation of a dedicated digital assets team within its cloud division. This aims to “support the needs of customers to create, transact, store value and deploy new products on blockchain-based…
Jan 31 (Reuters) – The American group Citrix Systems, which specializes in dematerialized computing (“cloud”), announced on Monday its acquisition by the fund Elliott Management and the investment company Vista Equity Partners for 16.5 billion dollars (14.75 billion euros), debt included. Under the terms of the deal, Citrix shareholders will receive $104 per share, valuing…
If you want to discover the cloud computing market and its major players, I suggest you take a look at the very good article by Tommy Douziech where he details how the cloud works, the market and the future prospects for this technology.In short, cloud computing is a tool allowing you to benefit from an…
Microsoft’s commercial cloud computing revenue reached $22.1 billion in the second quarter of the US giant’s fiscal year 2022, figures up 32% year-on-year, allowing the firm of Redmond to refine its results. The tech giant’s overall revenue at the end of this quarter amounted to $51.7 billion, up 20% year-on-year, while its net profit rose…
A food delivery service provided by a drone, in Ibiza, on August 24, 2021. JAIME REINA/AFP LMunicipal police officers will not be able to use it to monitor citizens, and the police will have to obtain the prior agreement of the prefect. Regarding the rest, the Constitutional Council validated, on Thursday January 20, the majority…
But what is the cloud exactly? Cloud computing is a computer system operating by the joint action of disparate elements brought together regardless of their geographical location and the underlying infrastructure. Simply put, it is the provision of computing services (servers, storage, databases, network management, software, analysis tools) via the Internet with the aim of…
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For its first financial report since the separation of its Kyndryl managed services activity, IBM did not miss the boat by presenting positive results driven above all by the dynamism of its hybrid cloud activity. Big Blue indeed recorded a 6.5% increase in its turnover in the fourth quarter of 2021, to 16.7 billion dollars….
Shares of the software and services giant fell as much as 6% on Tuesday after reporting lackluster growth in its cloud business. But they bounced back to https://www.reuters.com/article/instant-article/idUSL4N2U548J after Microsoft set a higher growth target than the Wall Exchange for the current quarter, erasing earlier after-hours losses. negotiation to trade at 3% above the closing…
Deutsche Telekom’s cloud streaming service is discontinuing service: MagentaGaming will be shut down at the end of February after a short period of operation. Telekom justifies this step with insufficient demand for the Stadia competitor service. First, “Caschys Blog” reported on the impending end of MagentaGaming. Deutsche Telekom confirmed the report to heise online: “Unfortunately,…
