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The Cloud
The Cloud
Adobe to Strengthen Its Cloud Segment With $1.5B Workfront Acquisition
The deal enables Adobe to upgrade its marketing software with collaboration tools for remote work management.
The Cloud
Alibaba’s Cloud Growth Outperforms Amazon’s and Microsoft’s
The Chinese tech giant’s cloud segment posted $2.19 billion in quarterly revenues, growing at 60% year-over-year.
The Cloud
Cloud Growth Drives Microsoft Earnings Beat
Microsoft has benefited from businesses accelerating the shift to cloud infrastructure and applications due to the COVID-19 pandemic.
The Cloud
SAP Shares Fall 23% on Q3 Results, Guidance
“COVID-19 has created an inflection point for our customers," the company said as it announced a "strategic pivot" to cloud computing.
The Cloud
IBM to Spin Off Infrastructure Unit
The move allows it to focus on its hybrid cloud business.
The Cloud
Snowflake Prices IPO Above Indicated Range to Raise $3.4B
The cloud data warehousing company raised the largest IPO ever for a U.S. software company.
The Cloud
Snowflake Sets Terms for $2.7B Public Offering
Investments by Salesforce and Berkshire Hathaway could provide the data warehouse startup with more than $800 million in additional capital.
The Cloud
Zoom Revenue Soars on Remote Work Boom
“Organizations are shifting ... to supporting a future of working anywhere, learning anywhere, and connecting anywhere on Zoom's video-first platform."
The Cloud
Zoom Outage Disrupts Monday Morning Meetings and Classes
Videoconferencing system's widespread outage demonstrates the fragility of the remote work and learn models.
The Cloud
Rackspace Falls 20% After IPO
The company similarly flopped in its initial debut 12 years ago.
Technology
3 Things To Look For In Amazon’s Earnings Report
How have its fulfillment centers handled the surge in online shopping during the pandemic?
The Cloud
French Company to Buy Fintech YayPay
Accounts receivable SaaS provider sells to Quadient for about $20 million in cash.
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