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…
Nvidia turns to AI cloud rental to spread new technology
By Stephen Nellis (Reuters) -Nvidia Corp Chief Executive Jensen Huang on Tuesday laid out the company’s plans to make the powerful and expensive supercomputers used to develop AI technologies like ChatGPT available…
Apple cloud chief Abbott to step down in April – Bloomberg News
(Reuters) -Apple Inc’s top executive Michael Abbott, who is in charge of cloud services, is leaving the company in April, Bloomberg News reported on Friday citing people familiar with the matter. The…
In China, more families on the fence on home buying, foreclosures cloud sector
BEIJING (Reuters) – The number of Chinese households that decided against buying a home soared in the fourth quarter of 2022, a private survey showed, as COVID infections and lockdowns sapped sentiment,…
France to see meagre first half growth as strikes cloud outlook-INSEE
PARIS (Reuters) – France’s economy is on course for marginal growth in the first half of this year, the INSEE statistics agency said on Tuesday, adding that whether strikes over pension reforms…
STMicro leans on AI, cloud as chip designs become more complex
By Stephen Nellis (Reuters) – European chipmaker STMicroelectronics and chip design software maker Synopsys on Tuesday said STMicro had for the first time used artificial intelligence software running on Microsoft Corp’s cloud…
Republican Budget Members Blast Murphy Administration Plans to Tax Cloud Computing & Software Subscription Services
Republican members of the Senate Budget Committee blasted a new report from the Murphy Administration that calls for the taxation of cloud computing and software subscription services.…
Microsoft, Amazon results to highlight softening cloud business
By Yuvraj Malik and Aditya Soni (Reuters) – Slower cloud spending by inflation-hit businesses is expected to stall the sales momentum at Amazon.com Inc and Microsoft Corp and add to the troubles…
Google Cloud to support Kuwait’s digitisation drive
DUBAI (Reuters) – Google Cloud has formed a strategic alliance with the Kuwaiti government to support digitisation efforts across the country’s public sector, the company said on Friday. Most Gulf states are…
Microsoft targets internet expansion in Africa, longer-term cloud adoption
By Jeffrey Dastin (Reuters) – Microsoft Corp aims to secure internet access for 100 million more people in Africa by 2025, teaming up with a satellite provider and setting the stage for…
Energy politics cloud Mexican bid to join U.S. semiconductor rush
By Dave Graham MEXICO CITY (Reuters) – Mexico’s hopes of reaping an investment windfall from a U.S. drive to boost North American semiconductor production risk foundering on companies’ concerns over energy supply,…
Broadcom forecasts current-quarter revenue above estimates on cloud strength
(Reuters) – Broadcom Inc forecast current-quarter revenue above Wall Street estimates on Thursday, signaling strong demand for chips used in data centers and networking equipment. Companies are increasingly investing in the infrastructure…
Amazon’s cloud computing unit plans to invest 2.5 billion euros in Spain, to support 1,300 jobs
MADRID (Reuters) – Amazon’s cloud computing unit AWS plans to invest 2.5 billion euros ($2.60 billion) in Spain over the coming 10 years, supporting 1,300 full-time jobs in the country, the U.S.-based…
TOUS les JOURS Sweetens Summer Menu With Fruity Cloud Cake Lineup
TOUS les JOURS Unveils Orange Cream Cake & Peach Cream Cake for Summer Popular French-Asian Bakery Franchise Launches Orange Cream & Peach Cream Cakes Commerce, CA (-) TOUS les JOURS, a French-Asian…
IBM expects to exceed annual revenue target on resilient cloud momentum
By Chavi Mehta (Reuters) -IBM Corp beat quarterly earnings estimates on Wednesday and said it expects to exceed full-year revenue growth targets as robust demand for the company’s digital services helps cushion…
ValueAct’s Morfit sees Insight Enterprises stock surging as cloud computing grows
By Svea Herbst-Bayliss NEW YORK (Reuters) – Insight Enterprises Inc, which helps clients with the critical but largely unsung work of digital transformation, is poised for a dramatic stock price jump as…
Oracle Cloud adding tens of thousands of Nvidia chips for AI
By Jane Lanhee Lee OAKLAND, Calif. (Reuters) – Oracle Corp and Nvidia Corp on Tuesday announced they are expanding their partnership and adding tens of thousands of Nvidia’s chips to boost artificial…
Intel and Google Cloud launch new chip to improve data center performance
By Jane Lanhee Lee (Reuters) – Intel Corp and Alphabet Inc’s Google Cloud on Tuesday said they have launched a co-designed chip that can make data centers more secure and efficient. The E2000 chip,…
Under a cloud of belt-tightening, Paris Fashion Week struts on
By Mimosa Spencer PARIS (Reuters) – Celebrities and international crowds have descended on the French capital, marking the fashion industry’s sweeping return as it rides a post-pandemic spending frenzy. The final stretch…
Owner Of St. Cloud Press Bar Sentenced to 71 Months in Prison for Arson
ST. PAUL, Minn. – Andrew Charles Welsh has been sentenced to prison for intentionally setting fire to the Press Bar and Parlor as part of a scheme to obtain insurance money, announced…
Taiwan exports up in Aug; war in Ukraine, inflation cloud outlook
TAIPEI (Reuters) – Taiwan’s exports eked out growth in August helped by demand for technology products, though shipments to China dropped on economic woes there and the government said the outlook was…
Amazon, Google slam Microsoft’s cloud computing changes
By Foo Yun Chee BRUSSELS (Reuters) – Amazon and Alphabet unit Google criticised Microsoft’s cloud computing changes on Tuesday, saying they limit competition and discourage customers from switching to rival cloud service…
Cloud hangs over U.S. chipmakers on worries data center growth could slow
By Jane Lanhee Lee (Reuters) – Cloud and data centers, the chip industry’s strongest sector, may be its next problem: Signs are showing growth could slow in what has been a pillar…
St. Cloud Man Sentenced To 21 Months In Prison For Possessing A Short-Barreled Rifle
Orlando, Florida – United States District Judge Carlos E. Mendoza has sentenced Yunis Isaac Mejia (28, St. Cloud) to 21 months in federal prison for possessing an unregistered short-barreled rifle. Mejia had…
Google Stockholders Reject Activists’ Claim Israel Cloud Deal Causes Harm
Google Stockholders Reject Activists’ Claim Israel Cloud Deal Causes Harm Micaela Burrow on June 23, 2022 Stakeholders of Alphabet, Google’s parent company, overwhelmingly voted down a proposal to reassess a $1.3 billion…
Bahrain in talks for cloud computing, FDI deals
By Yousef Saba DUBAI – Bahrain is in advanced talks for investment deals with cloud computing companies from the United States, China and the United Arab Emirates, an Economic Development Board executive…
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