Cloud
Oracle sees US$104 billion sales in fiscal 2029 on cloud expansion
ORACLE said annual revenue will rise to at least US$104 billion in fiscal 2029, an optimistic signal on the growth prospects of the software maker’s cloud infrastructure business.Executive vice-president...
Oracle gains after profit tops estimates on cloud expansion
ORACLE jumped in extended trading after reporting better-than-expected quarterly profit, signalling that artificial intelligence (AI) demand continues to help its cloud computing business boost earnings.Earnings, excluding some items, were...
Amazon’s quarterly profit doubles as cloud business grows
AMAZON reported on Thursday its profit in the recently ended quarter doubled to US$13.5 billion with the help of renewed momentum of its AWS cloud computing business.The e-commerce giant’s...
Microsoft reports outage of some office and cloud services
MICROSOFT said it’s investigating outages of some Office applications and cloud services.
“We are investigating reports of issues connecting to Microsoft services globally,” the company wrote in an update on...
Alphabet’s revenue boosted by cloud computing, search ads
GOOGLE parent Alphabet reported second-quarter revenue that beat analysts’ expectations, boosted by demand for cloud-computing services and advertising on its search engine.Sales, excluding partner payouts, were US$71.36 billion in...
Microsoft cloud service issues disrupt air travel operations
MICROSOFT is investigating a cloud services outage that grounded planes and disrupted flight operations in the US on Thursday (Jul 18) night, though some of the affected airlines said...
Oracle drops after Elon Musk’s xAI shifts away from cloud deal
ORACLE dropped as much as 4.8 per cent after Elon Musk said his artificial intelligence (AI) startup would rely less on cloud technology from the software maker, jeopardising a...
US probing China Telecom, China Mobile over Internet, cloud risks
THE Biden administration is investigating China Mobile, China Telecom and China Unicom over concerns the firms could exploit access to American data through their United States cloud and Internet...
