Amazon makes £8 billion UK investment to build cloud and AI infrastructure
Amazon’s computing unit AWS is in talks with Italy to invest billions of euros in the expansion of its data center business in the country as part of the tech …
cloud computing
Alibaba shares dip 3% in premarket after earnings miss expectations despite cloud acceleration
Signage at the Alibaba Group Holding Ltd. headquarters in Hangzhou, China, on Friday, Aug. 2, 2024. Qilai Shen | Bloomberg | Getty Images Alibaba missed top and bottom line expectations …
olympics 2024: Why is Amazon afraid of the Olympics?
Amazon reported a significant increase in quarterly profits for the period of April-June, surpassing analyst expectations. The company earned $13.5 billion, up from $6.7 billion a year earlier. However, Amazon’s …
BOJ ups rate to 0.25%; U.S. stocks fall
This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they …
Microsoft says it restored cloud services after global outage
The exterior view of the Microsoft Times Square building in New York City on Jan. 29, 2023. Kena Betancur | Corbis News | Getty Images Microsoft’s cloud services have been …
The Hidden Ties Between Google and Amazon’s Project Nimbus and Israel’s Military
That appears to still include the IDF. WIRED identified several Israeli government statements and documents published since 2022 that confirm the IDF’s continued involvement with Project Nimbus, although they do …
CNBC Daily Open: Trump assassination attempt
Traders work on the floor of the New York Stock Exchange during afternoon trading in New York City. Michael M. Santiago | Getty Images This report is from today’s CNBC …
Amazon Ramps Up Security to Head Off Project Nimbus Protests
Amazon appeared to have significantly heightened security for its New York Amazon Web Services Summit on Wednesday, two weeks after a number of activists disrupted the Washington, DC, AWS Summit …
Europe Scrambles for Relevance in the Age of AI
That concentration of power is uncomfortable for European governments. It makes European companies downstream customers of the future, importing the latest services and technology in exchange for money and data …
Former Autonomy CEO Mike Lynch Cleared in US Fraud Trial
The objective of the defense, says Zachary Terwilliger, a former US prosecutor and partner at the law firm Vinson & Elkins, was to humanize Lynch. “As a defense attorney, you …