Tag: Cloud
Cloud spending said to top $30B in Q4 as Amazon, Microsoft battle for market share
We all know the cloud infrastructure market is extremely lucrative; analyst firm Canalys reports that the sector reached $30.2 billion in revenue for Q4 2019. Cloud numbers are hard to parse because companies often lump cloud revenue into a single bucket regardless of whether it’s generated by infrastructure or software.…
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Egnyte unifies its security and productivity tooling into single platform
Egnyte announced today it was combining its two main products — Egnyte Protect and Egnyte Connect — into a single platform to help customers manage, govern and secure the data from a single set of tools. Egynte co-founder and CEO Vineet Jain says that this new single platform approach is…
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Startup buys startup: PullRequest snags remote developer hiring platform Moonlight
PullRequest, a startup that provides code review as a service, announced today that it was buying Moonlight, an early-stage startup that has built an online platform for hiring remote developers. The companies did not share the terms. Lyal Avery, founder and CEO at PullRequest, says that he bought this company…
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Alibaba Cloud revenue reaches $1.5B for the quarter on 62% growth rate
Alibaba issued its latest earnings report yesterday, and the Chinese eCommerce giant reported that cloud revenue grew 62 percent to $1.5 billion U.S., crossing the RMB10 billion revenue threshold for the first time. Alibaba also announced that it had completed its migration to its own public cloud in the most…
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Judge halts Microsoft work on JEDI contract after AWS request
A sealed order from a judge today has halted the $10 billion, decade long JEDI project in its tracks until AWS’s protest of the contract award to Microsoft can be heard by the court. The order signed by Judge Patricia E. Campbell-Smith of the US Court Federal Claims stated: The…
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Google closes $2.6B Looker acquisition
When Google announced that it was acquiring data analytics startup Looker for $2.6 billion, it was a big deal on a couple of levels. It was a lot of money and it represented the first large deal under the leadership of Thomas Kurian. Today, the company announced that deal has…
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