From Amazon Towards Microsoft — A Shift in the Cloud Arms Race
Microsoft could chip away further market share from Amazon cloud subsidiary Amazon Web Services.
Alphabet Discloses $15B in 2019 YouTube Ad Revenue
In its fourth-quarter report, Google's parent broke out results for YouTube and its cloud services business for the first time.
Oracle Reports Sales Miss, Co-CEO Taking Leave
Mark Hurd says he decided that he needed to spend time focusing on his health.
Juniper Networks Makes Less Money — On Purpose
Companies are moving more of their IT needs to the cloud, and Juniper is moving right along with them. For now, that means lower revenue.
Azure Cloud Growth Powers Microsoft Q4 Beats
“Our early investments in the intelligent cloud and intelligent edge are paying off," CEO Satya Nadella says.
IBM Shares Sink on Unexpected Revenue Drop
Investors express their impatience with the pace of IBM's turnaround effort by sending its shares down nearly 5% to $161.84.
Apollo to Take Rackspace Private in $4.3B Deal
The acquisition by the PE firm may help Rackspace compete with the likes of Amazon and Google in the cloud computing services market.
Public Cloud Market to Grow 16.5% in 2016
The strong growth is being driven by the shift away from legacy IT as organizations pursue a digital business strategy.