Huawei Technologies, already getting squeezed out of Europe’s vast market for the next generation of telecommunications equipment, is under siege in another fast-growing business: cloud computing.
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AMD is in advanced discussions to buy Xilinx in a takeover that could be valued at US$30-billion, according to people familiar with the matter.
Nvidia on Monday laid out a multi-year plan to create a new kind of chip for data centres aimed at siphoning off more functions from its chief rival Intel.
Dimension Data and its parent, Japan’s NTT, on Monday announced plans to build new data centre facilities in Johannesburg offering 12MW of IT load.
Snowflake soared as much as 130% in its trading debut on Wednesday after raising $3.4-billion in an initial public offering, giving it a market value of more than $70-billion.
Deploying data centres under the sea is not only feasible, it is logistically, environmentally and economically practical. That’s the finding from Microsoft, whose Project Natick has been experimenting with the idea of subsea data centres for several years.
Promoted | The long-awaited digital revolution has gained a major boost through the Covid-19 lockdown, speeding up the adoption of cloud services as companies turn their businesses virtual.
The coronavirus pandemic, for all its human and economic tragedy, has spurred a once-in-a-generation opportunity for the technology industry. One lesser-known beneficiary is cloud computing company Okta.
Microsoft’s flagship cloud computing business, Azure, reported quarterly sales growth of under 50% for the first time ever on Wednesday, sending the tech giant’s shares down 2%.
IBM beat estimates for second quarter profit on Monday and signalled that demand in its cloud computing business would get a boost as large corporations accelerate their digital shift due to the coronavirus crisis.