cloud computing

NetApp profit beats estimates as cloud focus, cost cuts pay off

NetApp reported a quarterly profit that beat analyst's appraisals, as the organization's cost control measures and a movement to cloud-based storage items start to yield results.

Alibaba names Gobi Partners its investment manager for $130-mn Entrepreneurs Fund

Alibaba Group has launched Entrepreneurs Fund for Hong Kong and Taiwan markets. The Chinese e-Commerce major has earmarked HK$ 1 billion for Hong Kong and NT$10 billion for Taiwan. Startups and new entrepreneurs can take advantage of Alibaba's infrastructure and expertise.

Microsoft Focus on Cloud Service Raise Its Third Quarter Revenue

A strategy shift from Microsoft to focus on cloud service has gained a positive result. With the raise of their third quarter revenue, Microsoft will continue to focus on integrating their cloud and mobile business strategy.

Web services push Amazon revenues up; posts profit

Amazon has posted encouraging performance for the third quarter ending September 2015. The higher sales in the US and cloud computing business pushed its bottom line to swell. Amazon announced profits for the consecutive second month.

IBM revenue down for the 14th quarter, cuts profit forecast

IBM) has announced more than projected fall in revenues as the stronger US currency put pressure on demand from China and other emerging economies. As a result, IBM has lowered its profit forecast for full year. The revenues were down 13.9 percent to $19.28billion for the quarter ending September as against the forecast of $19.62bn.

Nvidia targets $1 billion revenue from cloud computing in 3 years

Nvidia revenue from cloud computing will hit the $1 billion mark within the next two to three years. The company claims that the increase in revenue will be due to increasing demand for big data analysis, which will then drive growth for its graphics chips. Shares of the company went up 1% to $22.35 in early market trading on Monday.

Latest Stories

The Surge in Copper Prices: Predictions and Market Reactions

The global copper market has been experiencing a significant surge in prices, driven by supply constraints and increasing demand. This trend has caught the attention of investors, industry analysts, and policymakers alike, as copper is needed in various sectors, particularly in the growing fields of renewable energy and electric vehicles. Here are some of the key factors behind the price surge, market reactions, and future predictions for copper prices.

Beyond Wealth: Giving Compass for Business Simplifies Philanthropy for Financial Advisors

Giving Compass for Business, one of these innovations is gaining popularity since it provides a fresh method for incorporating generosity into wealth management.

Belgian Billionaire Shukhrat Ibragimov Puts Private Jet on Market for $46m

Shukhrat Ibragimov, the chairman of mining giant Eurasian Resources Group (ERG), has put his Dassault Falcon 8X up for sale for $46 million.

IC Funded: Revolutionizing Prop Trading for Retail Traders

IC Markets has recently launched its proprietary trading platform, IC Funded, and it's already creating a buzz in the trading community. What started as a soft launch has now captured the attention of traders worldwide, highlighting a significant shift in how retail traders can access capital and participate in the markets.

Protecting Your Practice: The Importance of Professional Liability Insurance for Professionals

In today's complex and litigious business environment, professionals across various industries face numerous risks that could jeopardise their practice. From legal claims and client disputes to regulatory investigations, the potential threats are vast.

Must Read

As Copper M&A Wars Escalate, Solaris Resources' Warintza Project Stands Out

The mining industry has been busy with mergers and acquisitions (M&A) activity in recent years, and 2024 has been one of the busiest. Major mining companies are all vying for a piece of the action in the promising copper sector. As the global push towards electrification and clean energy intensifies, the demand for copper—a critical component in electric vehicles, renewable energy systems, and infrastructure—is expected to soar. This has sparked even more interest from mining giants looking to secure their position for production.

Amin Makhlouf: Redefining Real Estate Transactions with Digital Innovation

In an industry often rooted in tradition, Amin Makhlouf brings a fresh perspective, combining youthful energy with groundbreaking ideas in real estate. As the founder of Makyee, he's transforming the way properties are bought and sold in Dubai, aiming to make these processes more accessible, efficient, and transparent.

Is Mr. Black Being Silenced by X in His Mission to Bring About the Messianic Age?

The enigmatic artist Mr. Black, known for his cryptic street art and ambitious 21,000-piece ordinal collection on the Bitcoin blockchain, claims that the Messianic Age will be revealed once the collection is fully minted. However, recent developments suggest that Mr. Black might be facing censorship on the social media platform X, formerly known as Twitter.

Fed's Powell Hints at Rate Cuts with Strong Economic Data

Fed Chair Powell hints at potential rate cuts amid strong economic data, signaling a shift in monetary policy to support continued growth and stability.

Employers Rethink Financial Wellness Programs to Address Worker Needs

Traditional financial wellness programs are failing to meet the needs of today's workforce.

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