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Shares of Intel (INTC) are up 10 cents at $34.88 as the Street ponders implications for the chip business of the strong results from Alphabet (GOOGL) and Amazon.com (AMZN) last night, two of the larger builders of cloud computing infrastructure, along with many, many server chips from Intel. Chiming in this morning is Ian Ing of MKM Partners, […]
When Oracle bought Netsuite yesterday for a cool $9.3 billion in cash, it let the world know it was now totally serious about growing cloud computing revenue — it wasn’t always the case. In the early days of the cloud, Oracle was content to sit on the sidelines and make fun, while it raked in traditional license and maintenance revenue. In fact, CEO Larry Ellison… Read More
The layoffs come amid the tech giant's continuing transition to a focus on cloud computing.
The idea of cloud computing evokes a wide range of reactions from business owners. Many sales professionals question the security of storing data in virtual space, while others wonder if the benefits are really worth the effort. Cloud...Show More Summary
BOSTON — IRobot took one more step toward its overarching vision to become a leading "connected home" company when it became a customer of Amazon Inc.'s cloud computing division this past quarter. Amazon Web Services (Nasdaq: AMZN) offers...Show More Summary
Google beat analyst expectations, but the real good news for the company is that its cloud computing services are taking off. The post Google's Cloud Investments are Finally Starting to Pay Off appeared first on WIRED.
Amazon's cloud computing business, Amazon Web Services, didn't fail to impress again this quarter. It had $2.8 billion in revenue, up 58% year-over-year, on a healthy 25% operating margin. That puts AWS on a very impressive $11 billion...Show More Summary
Has there ever been a phenomenon quite like Pokémon GO?
Cloud computing got another boost on Thursday after Oracle announced it was purchasing NetSuite for $9.3 billion.
More businesses are switching to the cloud model because it provides flexibility and saves on the cost of running their own computers. Oracle is a commercial tech giant that has traditionally sold software programs to customers who installed...Show More Summary
Despite rising competition from Microsoft's Azure and Google's cloud service, Amazon Web Services still reigns supreme in the cloud computing industry. And in a note published Wednesday, Goldman Sachs reminded investors once again that...Show More Summary
Though some doubted it, Oracle (ORCL) has, in fact, said this morning it will purchase cloud computing pioneer NetSuite (N), in a deal worth $9.3 billion, or $109 in cash per share of NetSuite. That price is above yesterday’s close even after the stock spiked on takeout chatter, ergo, the stock is up $16.78, over 18%, at $108.35. Show More Summary
The deal will help Oracle improve its cloud computing offerings, and is among the largest in Lawrence J. Ellison’s history of acquiring companies.
The software giant is finally on a roll, with its stock at 52-week highs.
Stocks are opening down as energy prices edged slightly lower and bond yields inched upward. The Labor Department said applications for unemployment benefits rose slightly last week. Oracle agreed to buy NetSuite, a cloud computing business, for about $9 billion. Materials companies and banks fell...
Business software maker Oracle agreed to buy NetSuite for $9.3 billion, a cloud computer firm whose largest investor is Oracle Chairman Larry Ellison.
by Angela Guess A new release out of Gemalto states, “Despite the continued importance of cloud computing resources to organizations, companies are not adopting appropriate governance and security measures to protect sensitive data in the cloud. Show More Summary
Top 4 Cloud Computing Languages To Learn Now! The Cloud is here, and it’s here to stay. And if you love programming, script-writing, and earning the cushy income that skill set can award you, you’ve probably looked into coding on cloud-based platforms. And while you might think that the Cloud you’ve chosen to work on... Read More at Top 4 Cloud Computing Languages To Learn Now!
Shares of cloud computing pioneer NetSuite (N) are higher by $7.11, or almost 9%, at $91.01, having surged at the open. And Cowen & Co.’s Derrick Wood this afternoon opines that it’s more a familiar speculative bet making the rounds that Oracle (ORCL) will buy the company. But Wood, who has a Underperform rating on […]