Phil Murphy Wants to Tax the Cloud, Raising Costs for Millions to Use Online Services
TRENTON, N.J. — Senate Republican Budget Officer Declan O’Scanlon on Thursday demanded answers from Gov. Phil Murphy regarding a proposed new tax on digital services that could raise costs for millions of…
Google Cloud removes data transfer fees when clients switch to rivals
By Supantha Mukherjee STOCKHOLM (Reuters) – Alphabet’s Google Cloud said on Thursday its customers who want to migrate their data to another cloud provider will not have to pay any network fees…
Stellantis uses Amazon cloud to cut in-car software development to a day
By Nick Carey LONDON (Reuters) – Stellantis said on Tuesday using Amazon’s computing power and BlackBerry technology it has developed a “virtual cockpit” to create and test new versions of car controls…
Australian home prices surged 8% in 2023 but rates, inflation cloud outlook
SYDNEY (Reuters) – Australian home prices rose last year, a significant turnaround from the 5% dip seen in 2022, but interest rate hikes and persistent cost of living pressures have somewhat slowed…
Oracle tumbles as tepid forecast fans cloud growth concerns
(Reuters) – Oracle shares fell 9% in premarket trading on Tuesday as another quarter of below-expectations cloud sales and a bleak forecast amplified concerns over the pace of growth at the business…
Salesforce shares jump as strong cloud demand drives stellar results
By Chibuike Oguh NEW YORK (Reuters) – Salesforce Inc’s stock jumped by about 10% on Thursday to a nearly two-year high after the U.S. cloud and business software company reported stellar third…
Marketmind: Powell pushback puts cloud 9 beyond reach
A look at the day ahead in U.S. and global markets from Mike Dolan A slightly exaggerated market reaction to Fed chair Jerome Powell’s pushback against early U.S. interest rate cuts was…
Marketmind: Yen hangs under intervention cloud
A look at the day ahead in European and global markets from Ankur Banerjee The Japanese currency needed a fresh and sterner intervention warning from Tokyo on Wednesday to lift it off…
Marketmind: Megacaps scatter in the cloud
A look at the day ahead in U.S. and global markets from Mike Dolan Differing fortunes in artificial intelligence and cloud computing have seen the herd of Big Tech megacaps scatter as…
Amazon Web Services to launch European sovereign cloud
STOCKHOLM (Reuters) – Amazon Web Services (AWS) said on Wednesday it will launch a sovereign cloud in Europe for government and customers in highly regulated industries. The sovereign cloud will store data…
China’s Big Tree Cloud in $500 million SPAC deal for US listing
(Reuters) -U.S. blank-check firm Plutonian Acquisition Corp agreed to merge with Big Tree Cloud International Group for the Chinese personal care products company to go public in a deal that will value…
US Supreme Court prepares for new term under ethics cloud
By Andrew Chung (Reuters) – The U.S. Supreme Court is preparing to begin its new nine-month term on Monday with the public focused not only on the big cases due to be…
Oracle to use Ampere’s newest chips in its cloud offering
By Stephen Nellis (Reuters) – Oracle said on Tuesday that it would use Ampere Computing’s flagship processor chips in its cloud computing service, in a boost to the chip company that has…
Arm touts cloud computing expansion, royalties to IPO investors
By Echo Wang and Svea Herbst-Bayliss NEW YORK (Reuters) – SoftBank Group Corp’s Arm Holdings Plc on Thursday told potential investors in its roughly $5 billion initial public offering that cloud computing…
Amazon to invest $7.2 billion in Israel, launches AWS cloud region
(Reuters) – Amazon.com said on Tuesday it is planning to invest about $7.2 billion through 2037 in Israel, and launched its Amazon Web Services (AWS) data centers in the country. Amazon’s cloud…
Angus Cloud, star of TV show ‘Euphoria,’ dead at 25
By Daniel Trotta (Reuters) – Angus Cloud, cast member of the HBO teen drama series “Euphoria,” died on Monday at age 25 just days after the death of his father, his family…
Amazon touts its low-cost cloud computing in generative AI race
By Jeffrey Dastin AUSTIN (Reuters) – A key way that Amazon’s cloud division aims to set itself apart from rivals perceived to have a leg up on artificial intelligence is by competing…
Tech companies including Google gripe about unfair cloud practices
(Reuters) -Technology trade groups as well as Alphabet’s Google have griped to the Federal Trade Commission about allegedly unfair business practices in the cloud, including by the industry’s No. 2 by market…
HPE to offer cloud computing service for artificial intelligence
By Stephen Nellis (Reuters) – Hewlett Packard Enterprise Co (HPE) on Tuesday said that it is rolling out a cloud computing service designed to power artificial intelligence systems similar to ChatGPT. HPE’s…
OIT Paves The Way For CBP’s Cloud Future
U.S. Customs and Border Protection’s (CBP) Office of Information and Technology (OIT) strives to provide the best services and tools to fulfill CBP’s multifaceted operations at the speed of the mission. Cloud…
Twitter is refusing to pay its Google Cloud bills – Platformer
(Reuters) – Twitter has refused to pay its Google Cloud bills as its contract comes up for renewal this month, which could result in the social media company’s trust and safety teams…
Marketmind: Inflation cloud obscures Fed peak
A look at the day ahead in U.S. and global markets from Mike Dolan The Federal Reserve’s willingness to end its interest rate rise campaign here hinges just a few high-frequency data…
Marketmind: Cloud control – tech trumps banks
A look at the day ahead in U.S. and global markets from Mike Dolan Just as markets were getting all antsy again about regional U.S. banks, Big Tech mega caps seem to…
Amazon cranks up AI competition against Microsoft, Google with new cloud tools
By Stephen Nellis (Reuters) – Amazon.com Inc’s cloud computing division on Thursday released a suite of technologies aimed at helping other companies develop their own chatbots and image-generation services backed by artificial…
Analysis-Alibaba overhaul leaves fate of prized cloud unit up in the air
By Josh Horwitz SHANGHAI (Reuters) – Alibaba’s six-way breakup plan has raised questions about the long-term shape of its profitable cloud unit, given that it will have to tackle heavy regulatory scrutiny…
Microsoft offers to change cloud practices to ward off EU antitrust probe -source
By Foo Yun Chee BRUSSELS (Reuters) -Microsoft Corp has offered to change its cloud computing practices to settle antitrust complaints filed by smaller rivals, a person with direct knowledge of the matter…
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