Oracle tumbles as tepid forecast fans cloud growth concerns
Oracle shares slumped 10.4% on Tuesday as another quarter of below-expectations cloud sales and a bleak forecast amplified concerns over ...
Tag: cloud
China’s Alibaba shakes up cloud unit management after scrapping the division’s IPO
The World Artificial Intelligence Conference in Shanghai in July 2023.Aly Song | ReutersAlibaba has begun an overhaul of its cloud ...
Microsoft’s AI boost helped cloud business outpace rivals Amazon and Google in latest quarter
Microsoft CEO Satya Nadella, left, departs from federal court in Washington on Oct. 2, 2023.Nathan Howard | Bloomberg | Getty ...
Amazon launches European ‘sovereign’ cloud as EU data debate rages
The Amazon Web Services (AWS) logo, a subsidiary of Amazon that provides on-demand cloud computing platforms to individuals, companies, and ...
Alphabet shares drop as cloud miss overshadows better-than-expected overall results
An illuminated Google logo is seen inside an office building in Zurich, Switzerland.Arnd Wiegmann | ReutersAlphabet reported 11% revenue growth ...
Arm gets Wall Street’s ‘buy’ on royalty plan, cloud expansion
Several Wall Street brokerages started coverage of Arm Holdings with their top ratings on Monday, saying the chip designer's dominance ...
Amazon and Microsoft’s cloud dominance referred for UK competition probe
Britain's anti-competition regulators have been tasked with investigating Microsoft and Amazon's dominance of the cloud computing market.Media watchdog Ofcom on Thursday referred ...
Oracle founder Larry Ellison makes first-ever trip to Microsoft headquarters for cloud announcement
Oracle Co-founder Larry Ellison, left, and Microsoft Co-founder Bill Gates watch a match between Gael Monfils of France and Alexander ...
Shares of Alibaba tumble over 3% after outgoing CEO unexpectedly quits cloud business
Alibaba CEO Daniel Zhang Yong speaks during the launching ceremony of Alibaba Rural Vitalization Fund on May 17, 2021 in ...
Instacart’s IPO filing sparked an online spat between cloud rivals Snowflake and Databricks
A banner for Snowflake Inc. is displayed at the New York Stock Exchange to celebrate the company's initial public offering, ...
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