The Big-Tech Clean Energy Crunch Is Here
Big Tech’s appetite for energy is just about visible from the east coast of Scotland. Some 12 miles out to sea sits a wind farm, where each of the 60 …
cloud computing
The Ticketmaster Data Breach May Be Just the Beginning
One of the biggest hacks of the year may have started to unfold. Late on Friday, embattled events business Live Nation, which owns Ticketmaster, confirmed it suffered a data breach …
Alibaba’s US$4.5 billion convertible bond sale ‘oversubscribed’, as tech giant builds war chest to fund share buy-backs
Alibaba Group Holding is selling up to US$5 billion worth of convertible bonds to fund its share buy-backs, as leaders of the Chinese tech giant declared e-commerce and cloud computing …
Alibaba bets on AI to fuel cloud growth as it expands globally
Alibaba Offices In Beijing Bloomberg | Bloomberg | Getty Images Alibaba on Thursday said it expanded its global cloud computing availability, while the head of the unit’s international arm touted …
Alibaba chairman Joe Tsai voices confidence in Chinese consumer spending as e-commerce, cloud business units get back on growth track
Confidence among Chinese consumers was showing “early signs of growth”, according to Alibaba Group Holding co-founder and chairman Joe Tsai, as the e-commerce giant expects its core businesses to be …
Breaking Down Its 2400% Uptrend And Market Outperformance
Decentralized and open-source computing platform Akash Network has captured significant attention in the cryptocurrency market as its native token, AKT, has outperformed the top 100 cryptocurrencies with a 2400% price …
Apple supplier Foxconn reiterates second-quarter revenue growth, posts record April sales
Taiwan’s Foxconn Technology Group, the world’s largest electronics contract manufacturer and the biggest assembler of Apple’s iPhone, reiterated on Sunday it expected a rise in second-quarter revenue, and reported record …
Microsoft CEO unveils US$1.7 billion outlay over four years in Indonesia to build major AI and cloud computing infrastructure
Company chief executive Satya Nadella announced the outlay, to be made over four years, after meeting with President Joko Widodo in Jakarta on Tuesday. The US software giant also pledged …
Nokia Gives Google Nod for IT Infrastructure
Finnish telecoms equipment maker Nokia on Wednesday unveiled a five-year strategic tie-up with Google for the US giant to run its data centres and servers as well as numerous software …
Verizon Signs Up Microsoft, Nokia to Help Clients Build Private 5G Networks
Verizon said on Monday it has struck deals with Microsoft and Nokia to improve the telecoms giant’s ability to target business customers by offering clients the ability to automate factory floors, lower …