cloud services

The Latest

  • Splunk Shares Surge Following Cisco's $20 Billion Takeover Bid
    PATENT LOSS
    Shares of software company Splunk surged by more than 14% after news broke that Cisco had made a $20 billion takeover bid.
  • Alibaba Unveils New Cloud Products, Announces Overseas Cloud Expansion
    REVENUE MISS
    Apart from its new data centers, Alibaba Cloud also unveiled new cloud products such as its new Yitian 710 processor.
  • Amazon Web Services Outage Takes Down Apps, Websites
    AWS
    Amazon Web Services' outage brought down news outlets, streaming platforms and several of Amazon's own web-based services.
  • GDS Holdings Seeking To Raise $1.8 Billion In Secondary Listing
    Data Center
    Depending on demand, the company has the option to sell an additional 24 million shares during its secondary share sale.
  • Snowflake Stock More Than Doubles In New York Trading Debut
    Snowflake
    Snowflake's share prices jumped from an IPO price of $120 per share to more than $300 per share during its debut.
  • Alibaba Sets $28.26 Billion Budget To Bolster Cloud Business
    Alibaba Cloud
    Alibaba announced plans of investing up to 200 billion yuan over the next three years to bolster its global cloud business.
  • Expert Claims China Should Completely Digitize Banking Systems
    China Central Bank
    An expert in the finance sector claimed that China's banking policies should support the digitization of its banking systems to improve its economy.
  • Microsoft Offers Free Access To Its Cloud Services In China
    Microsoft
    Microsoft has offered more cash donations to China and free access to its cloud services in the country.