Tag: Cloud
The CIA wants to upgrade its cloud tech without DoD’s JEDI drama
The CIA is ready to update its cloud technology, and multiple reports this week indicated that the agency has begun a multi-billion procurement process. A CIA spokesperson was tight-lipped when asked to confirm. That could be because an agency used to working in secret, simply wants to avoid all the…
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Datree announces $8M Series A as it joins Y Combinator
Datree, the early stage startup building a DevOps policy engine on GitHub, announced an $8 million Series A today. It also announced it has joined the Y Combinator Winter 20 cohort. Blumberg and TLV Partners led the round with participation from Y Combinator . The company has now raised $11…
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Google Cloud makes strides but still has a long way to go
In earnings reported this week, Alphabet announced that Google Cloud generated a robust $2.61 billion for the quarter, a number that includes revenue from both Google Cloud Platform and G Suite. That puts the division on a nice little run rate of $10.44 billion. It feels like a lot until you…
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Nvidia officially launches cloud gaming service GeForce Now for $5 per month
After a lengthy beta phase, Nvidia is launching its cloud gaming service GeForce Now. Unlike Google’s Stadia, GeForce Now isn’t trying to build a console-like experience with its own lineup of games. Nvidia connects with your Steam, Epic or Battle.net account so you can play games you purchased on those…
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Koch Industries acquires Infor in deal pegged at nearly $13B
Infor announced today that Koch Industries has bought the company in a deal sources peg at close to $13 billion. Infor, which makes large-scale cloud ERP software, has been around since 2002 and counts Koch as both a customer and an investor, so the deal makes sense on that level.…
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Alphabet earnings show Google Cloud on $10B run rate
Today after the bell, Alphabet reported its fourth-quarter and full-year financial results. The company’s revenue grew from $39.3 billion in 2018 to $46.1 billion in 2019. The firm’s net income also expanded from $8.9 billion to $10.7 billion over the same time frame. The figures, when compared to expectations, were…
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