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Tag: cloud

IBM returns to sales growth after a year of declines on cloud strength

FILE PHOTO: A man stands near an IBM logo at the Mobile World Congress in Barcelona, Spain, February 25, 2019. REUTERS/Sergio Perez April 19, 2021 By Munsif Vengattil (Reuters) -International Business Machines Corp returned to sales growth in the first quarter after a year of declines and beat Wall Street targets on Monday, boosted by […]

Oracle cloud revenue misses as competition intensifies

FILE PHOTO: An exterior view of the Oracle Field Office at Wilson Boulevard in Arlington, Virginia, U.S., October 18, 2019. REUTERS/Tom Brenner/File Photo March 11, 2021 (Reuters) – Business software maker Oracle Corp’s cloud division reported quarterly revenue that missed analysts’ estimates, on increased competition from Amazon.com Inc and Microsoft Corp for cloud services due […]

China’s Baidu beats revenue estimates on strong cloud, AI demand

FILE PHOTO: Employees wearing face masks are seen next to a Baidu AI robot, in front of a sign of Baidu at the company’s headquarters in Beijing, following the novel coronavirus disease (COVID-19) outbreak, China May 18, 2020. REUTERS/Tingshu Wang February 18, 2021 (Reuters) – China’s Baidu Inc reported quarterly revenue above Wall Street expectations […]

Volkswagen taps Microsoft’s cloud to develop self-driving software

FILE PHOTO: A logo of German carmaker Volkswagen is seen on a car parked on a street in Paris, France, July 9, 2020. REUTERS/Christian Hartmann/File Photo February 11, 2021 By Stephen Nellis (Reuters) – Volkswagen AG on Thursday said it will use Microsoft Corp’s cloud computing services to help it streamline its software development efforts […]

BNY Mellon, Google Cloud technology to predict Treasury settlement failures

FILE PHOTO: The Bank of New York Mellon Corp. building at 1 Wall St. is seen in New York’s financial district March 11, 2015. REUTERS/Brendan McDermid February 4, 2021 (Reuters) – The Bank of New York Mellon Corp said on Thursday it has partnered with Google Cloud on technology that uses artificial intelligence and […]

Rep. Cloud: Biden Should Allow States to Exclude Abortion Providers From Medicaid Funding

Rep. Michael Cloud (R-Texas) said the Biden administration should support the Republican bill he and Sen. James Lankford (R-Okla.) introduced, which would prevent taxpayer dollars from funding abortion providers. “What we haven’t seen is that middle-of-the-road approach so far. I hope we make a turn from that but that’s not what we’re seeing right here off […]

All eyes on Alphabet’s first-ever disclosure of Google Cloud profit

FILE PHOTO: The brand logo of Alphabet Inc’s Google is seen outside the company’s office in Beijing, China, August 8, 2018. Picture taken with a fisheye lens. REUTERS/Thomas Peter February 1, 2021 By Munsif Vengattil and Paresh Dave (Reuters) – Alphabet Inc will report the cost and operating profit of its Google Cloud business for […]

Higher costs, weak revenue cloud Citi’s quarterly profit beat

FILE PHOTO: A view of the exterior of the Citibank corporate headquarters in New York, New York, U.S. May 20, 2015. REUTERS/Mike Segar/Files January 15, 2021 By Ambar Warrick and Imani Moise (Reuters) – Citigroup Inc reported fourth-quarter profit that beat market expectations on Friday, but that failed to impress Wall Street as higher costs […]

Factories bounce back from COVID-19 hit, tighter controls cloud outlook

FILE PHOTO: An employee wearing a protective face mask and face guard works on the automobile assembly line as the maker ramps up car production with new security and health measures as a step to resume full operations, during the outbreak of the coronavirus disease (COVID-19), at Kawasaki factory of Mitsubishi Fuso Truck and Bus […]

Intel’s Habana starts to chip away at Nvidia in cloud with AWS deal | One America News Network

FILE PHOTO: The logo of Amazon Web Services (AWS) is seen during the 4th annual America Digital Latin American Congress of Business and Technology in Santiago, Chile, September 5, 2018. REUTERS/Ivan Alvarado December 2, 2020 By Steven Scheer JERUSALEM (Reuters) – Intel Corp’s Habana Labs business said on Wednesday it would take time to gain […]