Cloud Services

A coalition of 26 European industry groups has called for a non-discriminatory approach to the proposed European Union Cybersecurity Certification Scheme (EUCS) for cloud services. The groups demanded that tech giants like Microsoft Corp. (NASDAQ:MSFT), Alphabet Inc.’s (NASDAQ:GOOG) (NASDAQ:...

Microsoft Corp (NASDAQ:MSFT) has announced a $2.2 billion investment in Malaysia’s cloud and artificial intelligence (AI) services over the next four years. What Happened: Microsoft’s investment is its largest in Malaysia in 32 years. The investment will be used to expand cloud and AI...

Global investors are turning their attention to Asia, lured by the region’s soaring computing and data storage needs, driven primarily by the surge in artificial intelligence (AI) and cloud services. Private equity firms KKR & Co Inc (NYSE:KKR) and Bain Capital ...

Amazon.com, Inc. (NASDAQ:AMZN) is stepping into the generative AI arena with a new product called Bedrock, which offers its Amazon Web Services (AWS) clients the ability to use and adapt generative AI tools for their needs. Starting Thursday, AWS is making this on-demand AI service — first...

On Monday, Oracle Corporation (NYSE: ORCL) fell short with its fiscal first quarter and revenue guidance. Shares went down 9% during extended trading. Although Oracle remains much smaller compared to Amazon (NASDAQ: AMZN), Microsoft Corporation (NASDAQ: MSFT) and Google, Oracle touted contracts...

This story was published on the Benzinga India Portal. Microsoft Corporation's (NASDAQ: MSFT) Indian arm is shaking things up in its upper ranks, with several key executives being promoted. What Happened? Amid a major rejig at the tech major’s operations, the India business...

In an effort to revamp and modernize its risk management regulations, the U.S. Commodity Futures Trading Commission (CFTC) solicited public feedback on potential updates. The CFTC released a proposal on Thursday, inviting commentary on suggested alterations to its risk management program, including...

The enterprise software maker reported its fiscal first-quarter revenue on Monday, with its top segment, as well as hardware, missing expectations. Revenue came below expectations as Oracle Corporation (NYSE: ORCL) announced a program during the quarter to encourage customers to adopt its public...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. In the wake of more cloud outages, this platform offers businesses a cheaper, more reliable way to source processing power Last month...

Alphabet (NASDAQ: GOOGL) arguably hit it out of the park last quarter when it reported earnings that left analysts’ estimates in the dust. Overall revenue came in strong at $55.3 billion, up 34% year over year, with each business segment topping expectations by a wide margin except for...

Microsoft Corporation (NASDAQ: MSFT) on Tuesday launched Azure Communications Services, composed of cloud-based voice and video calling, chat, and telephony features. What Happened: The new features are built natively on top of the tech giant’s Azure cloud, according to TechCrunch, which...

Snowflake Inc. (NYSE: SNOW) has raised about $3.4 billion in its initial public offering, according to several reports Tuesday. What Happened: The cloud-based software startup has sold 28 million shares priced at $120 each, the Financial Times reported.The IPO values Snowflake at about $33.3...

After filing for an IPO late last month, the cloud-based software startup Snowflake has managed to secure investments from industry bigwigs like Berkshire Hathaway Inc (NYSE: BRK-A) (NYSE: BRK-B) and Salesforce Ventures LLC (NYSE: CRM). What Happened: Both these companies have agreed to buy 3.125...

Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) owned Google will not be offering its new cloud service termed “Isolated Region” in China and other sensitive markets. What Happened Isolated Region was an initiative that aimed at helping countries keep control of data within their borders...

Founded in 2012, Digital Ocean is a leading cloud service offering virtual private servers and managed databases. Initially primarily focused on small independent developers and hobbyists, the company is quickly adding products such as managed Kubernetes and databases such as PostgreSQL that seem...