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India's financial sector embraces technology to boost country's economy
Dec 20,2023
India is taking significant steps to build a robust technology infrastructure to support its financial services sector. Over 60,000 small rural lenders, known as Primary Agriculture Cooperative Credit Societies (PACS), have signed up to join a nation...
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AWS blames Microsoft for anti-competitive practices in the UK
Dec 11,2023
Amazon Web Services (AWS) has blamed Microsoft for anti-competitive practices in the cloud computing segment in a letter to the UK's Competition and Markets Authority (CMA)."Some IT providers, such as Microsoft, use licensing practices that restrict ...
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EU approves?Important Project on Next Generation Cloud and Edge Computing
Dec 05,2023
The European Commission has approved an Important Project of Common European Interest (IPCEI) to develop industrial advanced cloud and edge computing technologies among multiple providers in Europe. TheIPCEI Next Generation Cloud Infrastructure and S...
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Amazon Q: AWS' answer to Microsoft's GPT-driven Copilot
Dec 04,2023
AWS CEO Adam Selipsky on Tuesday premiered the star of the cloud giant's ongoing re:Invent 2023 conference: Amazon Q,the company's answer to Microsoft's GPT-driven Copilot generative AI assistant.   Selipsky's announcement of Q was reminisc...
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UK regulator refers cloud infrastructure market for investigation
Nov 13,2023
UK communications regulator Ofcom has published an interim report that proposes the cloud infrastructure market be referred to the UK's Competition and Markets Authority (CMA) due to concerns around a decline in competition. The report said that exis...
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Cloud boosts Microsoft's strong third quarter
Nov 13,2023
Microsoft posted strong results across the board for its third quarter of 2022, with total revenue increasing by 18% year-over-year to$49.4 billion, thanks in large part to continued growth of its cloud products. Net income for the quarter was$16.7 b...
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Annual public cloud revenue reaches half a trillion dollars
Nov 13,2023
Global revenue generated by public cloud services topped the$500 billion mark in 2022, according to new data released this week by research firm IDC. The actual figure was$545.8 billion, IDC's research found, a sum that represents a 22.9% increase ov...
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Apple-friendly iDrive pushes price to build S3 service for SMBs
Nov 13,2023
iDrive recently introduced what it claims to be the fastest S3-compatible cloud storage, which could be an option for  any enterprise seeking cross-platform, off-site storage assets for shared or app supporting data. S3 cloud services anyone can...
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Meet Chrome OS Flex, Google's new weapon for desktop domination
Nov 13,2023
Google's Chrome OS platform has come a ridiculously long way in an incredibly short time. Back when it launched in 2010, Chrome OS truly was just a browser in a box - a dead-simple operating system designed to act as a portal to the web and not much ...
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What you need to know as Apple shutters one iCloud service
Nov 13,2023
It took eight years, but Apple has finally completed the transition to replace iCloud Documents and Data service with iCloud Drive. What is happening, why did Apple do this, what might it mean to your business and what should you do now? Wh...
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Microsoft offers to change cloud licensing practices to avoid EU antitrust probe, says report
Nov 13,2023
Microsoft has reportedly agreed to change its cloud computing practices in order to avoid an antitrust probe from the European Commission, the EU's antitrust authority. The potential probe relates to complaints made by European cloud companies includ...
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Microsoft says cloud demand waning, plans to infuse AI into products
Nov 13,2023
Microsoft on Tuesday said it expects the growth across its cloud business to temper down through 2023 as enterprises brace for economic headwinds. The Windows-maker reported 29% growth in total cloud revenue to$21.5 billion for the second quarter of ...
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