Intuit Is Selling Its Largest Data Center
As a result of the deal, the software company, maker of Quickbooks, will incur an operating loss of as much as $85 million.
Switch to Raise up to $500 Million From IPO
The data center company's offering would be the third-largest of the year in the tech sector behind Snap and Altice.
Moving Up to the Public Cloud
Lured by cost savings, corporate IT is shifting from data centers and company-owned servers to the public cloud.
Fewer Than Half of IT Orgs Adding Headcount
But only 19% of IT organizations are planning to cut staffing levels, says Computer Economics.
Intel to Cut 11% of Workforce, Reassign CFO
CFO Stacy Smith will take on a new, unnamed role "leading sales, manufacturing, and operations."
Intel Earnings Beat Estimates
But concern arises about slowing momentum in the semiconductor maker's data-center division.
U.S., Microsoft Battle Over Data Stored Abroad
Microsoft is challenging a U.S. search warrant for customer emails stored in a data center in Ireland.
Finance Chief Eyes Steady Shift to the Cloud
The new CFO of Interactive Intelligence Group will try to balance on-premises software against the priority of a cloud solution.
Have Data Center, Will Travel
Companies are steering away from fixed-structure data centers in large buildings to modular data centers that are easier to deploy and more cost effective.