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cloud computing

An AWS Configuration Issue Could Expose Thousands of Web Apps

by Ron Morgan
An AWS Configuration Issue Could Expose Thousands of Web Apps

A vulnerability related to Amazon Web Service’s traffic-routing service known as Application Load Balancer could have been exploited by an attacker to bypass access controls and compromise web applications, according …

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AI demand returns Alibaba Cloud to company growth engine as e-commerce slows

by Anas Siddiqui
AI demand returns Alibaba Cloud to company growth engine as e-commerce slows

AI investment has boosted the company’s revenue in search and recommendation scenarios, Chen said, and helped increase the frequency with which shoppers repurchase products on the company’s e-commerce platforms such …

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Alibaba shares dip 4% in premarket after earnings miss expectations despite cloud acceleration

by Walter Watson
Alibaba shares dip 4% 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 …

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Equinix to spend US$124 million on 6th Hong Kong data centre to serve Greater Bay Area

by Anas Siddiqui
Equinix to spend US4 million on 6th Hong Kong data centre to serve Greater Bay Area

Equinix plans to spend US$124 million to build its sixth data centre in Hong Kong, expanding its storage capacity to cater to the growing demand in the Greater Bay Area …

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Europe Scrambles for Relevance in the Age of AI

by Anas Siddiqui
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 …

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EU cybersecurity label should not discriminate against Big Tech, European groups say

by Walter Watson
EU cybersecurity label should not discriminate against Big Tech, European groups say

A proposed cybersecurity certification scheme (EUCS) for cloud services should not discriminate against Amazon.com, Alphabet’s Google and Microsoft, 26 industry groups across Europe warned on Monday. The European Commission, EU …

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QuantumPharm soars in Hong Kong trading debut as traders bet on AI-backed drug researcher

by Anas Siddiqui
QuantumPharm soars in Hong Kong trading debut as traders bet on AI-backed drug researcher

QuantumPharm’s shares soared on their trading debut in Hong Kong, as traders piled into the stock even before the AI-powered pharmaceuticals researcher posted any profit. Listed under the stock code …

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Apple’s AI Cloud System Makes Big Privacy Promises, but Can It Keep Them?

by Ron Morgan
Apple’s AI Cloud System Makes Big Privacy Promises, but Can It Keep Them?

Apple’s new Apple Intelligence system is designed to infuse generative AI into the core of iOS. The system offers users a host of new services, including text and image generation …

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Former Autonomy CEO Mike Lynch Cleared in US Fraud Trial

by Anas Siddiqui
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 …

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Microsoft Reportedly Laying Off Over 1000 in Cloud Division

by Anas Siddiqui
Microsoft Reportedly Laying Off Over 1000 in Cloud Division

More layoffs are reportedly in order for Microsoft as the tech behemoth and other companies in the tech sector focus on reorganization amid a changing landscape. Citing people familiar with …

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