Steve Ballmer, the former CEO of Microsoft, has a net worth of more than $100-billion, making him the ninth person in the world to reach that lofty plateau.
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The Pentagon has scrapped a $10-billion cloud computing contract awarded in 2019 to Microsoft after several years of wrangling between the government and some of the biggest US tech companies.
Zhang Yiming, founder of TikTok owner ByteDance, told employees he will step down as CEO and be succeeded by human resources chief Liang Rubo, the company disclosed on Thursday.
Twitter temporarily suspended an Oracle executive from posting after he used the social network to publicise the e-mail address and Signal phone number of a journalist whose reporting he found objectionable.
Eskom has said it’s urgently seeking new providers of technical support after Oracle’s South African unit withdrew its services over a payment dispute.
Eskom said on Monday that it has put “contingency measures” in place to reduce the risk of its reliance on software from US technology firm Oracle, with which it is in a contractual dispute.
Amazon.com founder Jeff Bezos will step down as CEO and become executive chairman, naming the head of its lucrative cloud computing division as successor.
SAP says it is ready to lead customers into a cloud-based future, but it may need all its powers of persuasion to convince its 400 000-strong client base to launch a major overhaul of systems in a pandemic.
A deadline set by the Trump administration for the forced sale of TikTok’s US assets is expected to come and go on Friday night without a final deal, according to people familiar with the discussions.
ByteDance, the Chinese parent company of TikTok, has filed a petition with a US appeals court challenging a Trump administration order set to take effect on Thursday requiring it to divest TikTok.