When Sony unveiled a cloud gaming pact with arch rival Microsoft, it surprised the industry. Perhaps no one was more shocked than employees of Sony’s PlayStation division.
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Microsoft plans to spend more than R1.4-billion over five years to open its first development centres in Africa to work with local partners and governments, as well as hire engineering talent.
With $2-trillion added since Christmas, the Nasdaq 100 has a shot at beating the market for the 10th time in 11 years. But it may be taking on dot-com-era trappings.
Alphabet’s first-quarter revenue missed analysts’ estimates, sparking concern that advertisers are shifting some spending to digital rivals. Shares of Google’s parent company fell more than 7% following the results.
Amazon.com spent $1.7 billion on video and music content during the first quarter of this year, the first time the technology and retail giant has itemised the growing cost of providing streaming services to consumers.
Intel, which had been the biggest beneficiary of a years-long, multibillion-dollar spending spree by the cloud computing industry, signalled an end to an expansion that drove record revenue and profit.
Amazon.com confirmed on Thursday what has been a slowly evolving financial picture. It is now a company that is more profitable than it has been in years, but the supercharged growth is gone.
Microsoft’s cloud computing business fuelled quarterly sales and profit that topped analysts’ estimates, boosted by several new deals with large corporate clients.
A swathe of the world is adopting China’s vision for a tightly controlled Internet over the unfettered American approach, a stunning ideological coup for Beijing that would have been unthinkable less than a decade ago.
Access-based consumption has obscured the rise of a range of fragmented ownership configurations in the digital realm that provide the customer with an illusion of ownership while restricting their ownership rights.