While Google Cloud is buying Cornerstone Technology and expanding profits, the eyes of investors are aimed at the Alphabet (GOOGL) stock price and tech giant’s financial reports.
Walmart revealed it spent $11.8 billion the last year on dividends. Amazon doesn’t have such a strategy but AMZN stock price is growing.
Binance Cloud will help users and developers to launch their own digital asset exchanges using Binance’s technology and liquidity.
U.S. court granted Amazon’s request to temporarily halt the U.S. Department of Defense and Microsoft from moving forward with the $10 billion cloud computing JEDI contract.
Google Cloud has become a new partner of Hedera Hashgraph. Now they will cooperate to give a significant bump to the Distributed Ledger Technology (DLT).
Amazon Web Services (AWS) said in the filing that it wants to depose President Donald Trump, Defense Secretary Mark Esper and former Defense Secretary James Mattis over a $10 billion Pentagon’s JEDI contract awarded to Microsoft.
Within 10 days, Binance will announce a new product dubbed ‘Binance Cloud’. There was also a job announcement on Binance called for a Senior Cloud Engineer, indicating that the company is looking into the cloud and perhaps even a decentralized one.
Nvidia (NVDA) stock rose 2.8% to $247.04 after the company announced the full release of its GeForce Now game streaming service, which has been in beta for several years. Now GeForce will compete against other similar services like Google Stadia.
Oracle has added new 5 cloud data centers. By the end of 2020, the company plans to have such centers in 36 locations. Oracle (ORCL) stock price is increasing.
Microsoft reported earnings for its second fiscal quarter of 2020, including revenue of $36.9 billion, net income of $11.6 billion, and earnings per share of $1.51 (compared to revenue of $32.5 billion, net income of $8.4 billion, and earnings per share of $1.08 in Q2 2019).
Cloud computing is the on-demand availability of computer system resources, especially data storage and computing power, without direct active management by the user. The term is generally used to describe data centers available to many users over the Internet.