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11.12.24 - 01:45
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Google asks FTC to break up Microsoft′s cloud deal with OpenAI, the Information says (Reuters EN)
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UPDATE 1-Google asks FTC to break up Microsoft's cloud deal with OpenAI, the Information says Updates with details from the report throughout Dec 10 (Reuters) - Google GOOGL.O has asked the U.S. government to break up Microsoft's MSFT.O exclusive agreement to host OpenAI's technology on its cloud servers, the Information reported on Tuesday. The conversation happened after the U.S....
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10.12.24 - 16:38
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Oracle slides as revenue target miss spotlights tough cloud competition (Reuters EN)
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UPDATE 1-Oracle slides as revenue target miss spotlights tough cloud competition Updates share move in paragraph 1, market valuation in paragraph 2 Dec 10 (Reuters) - Oracle's ORCL.N shares tumbled more than 9% on Tuesday after its quarterly revenue fell short of Wall Street expectations, signaling investor concerns over fierce competition in the cloud business amid booming demand from AI service providers....
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10.12.24 - 16:07
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Neue KI-Modelle in der Amazon-Cloud (Heise)
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AWS legt bei seiner KI-Plattform Bedrock nach. Der Dienst kommt mit neuen Modellen für unterschiedliche Anwendungsfälle und überarbeiteter Prompt-Verarbeitung....
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10.12.24 - 15:12
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AI-fuelled cloud storage boom threatens Irish climate targets, report warns (The Guardian)
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Friends of the Earth calls on government to rein in growth of datacentres for fear they could increase fossil fuel use Ireland has allowed itself to become a “data dumping ground” for big technology companies such as Amazon and Meta which are monopolising clean energy generation for their datacentres, campaigners claim.They say the growth of the cloud storage sector in Ireland is so rapid it is threatening the country's legally binding decarbonisation commitments. Continue reading......
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10.12.24 - 14:08
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Street View: Oracle′s growth momentum on track amid cloud competition (Reuters EN)
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BUZZ-Street View: Oracle's growth momentum on track amid cloud competition ** Oracle's ORCL.N second-quarter revenue grew less than Wall Street expectations on Monday, hit by stiff competition among database and cloud services providers ** ORCL shares down 6.90% at $177.30 premarket STRONG CLOUD MOMENTUM ** Piper Sandler ("overweight", PT: $210) sees encouraging signs from Oracle Cloud momentum, consistent expense discipline coupled with improving margins across cloud applications and infrastruc...
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10.12.24 - 11:52
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Oracle slides as it misses Wall Street revenue targets on tough cloud competition (Reuters EN)
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Oracle slides as it misses Wall Street revenue targets on tough cloud competition Dec 10 (Reuters) - Oracle's ORCL.N shares sank over 8% on Tuesday in premarket trading after its quarterly revenue fell short of expectations, hindered by fierce competition among database and cloud services providers. The cloud computing company is on track to lose about $45 billion in market capitalization at current share price levels of $174.14, as per LSEG data....
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09.12.24 - 23:07
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Oracle misses quarterly results estimates on stiff cloud competition (Reuters EN)
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UPDATE 2-Oracle misses quarterly results estimates on stiff cloud competition Updates share movement in paragraph 2, adds details and background throughout Dec 9 (Reuters) - Oracle ORCL.N missed Wall Street expectations for second-quarter revenue and adjusted profit on Monday, hit by stiff competition and softer-than expected spending on its database and cloud services as enterprise clients slash budgets amid an uncertain economy....
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09.12.24 - 18:10
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Bangladesh, India hope to clear ′cloud′ over relations as officials meet (Reuters EN)
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REFILE-Bangladesh, India hope to clear 'cloud' over relations as officials meet Corrects typo in spelling of 'officials' in headline MUMBAI, Dec 9 (Reuters) - India and Bangladesh said on Monday they would pursue constructive relations after months of tensions that have boiled over into protests and confrontations since the ousting of Dhaka's last leader....
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