Google, a subsidiary of Alphabet, is reportedly considering building a large data centre in Vietnam, according to an unnamed source familiar with the plans. If realised, this would mark the first major investment of its kind by a U.S. technology giant in the Southeast Asian country. According to a confidential source, Google is assessing the… Read more »
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Cloud governance: Managing cloud costs and risks As organisations increasingly rely on public cloud infrastructure, a comprehensive cloud governance strategy and plan become necessary. Cloud governance practices not only help manage related costs but also decrease risks, increase efficiency, and ensure compliance. Building a strong cloud governance model Establishing a strong cloud governance model is… Read more »
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Driven by AI technology, Alibaba Group has reported a 6% year-over-year (YoY) increase in its cloud business revenue for the quarter ending June 30, reaching RMB 26.5 billion ($3.65 billion). This growth marks the segment’s strongest performance since the September 2022 quarter, signalling a potential turnaround after several periods of single-digit growth. Despite the competitive… Read more »
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South Korea’s Financial Services Commission (FSC) has disclosed plans to allow financial companies to utilise generative artificial intelligence and cloud computing for product innovation, provided they implement adequate network security measures. Since September 2013, financial institutions have been required to separate their networks from the Internet to prevent hacking attacks. This requirement has sparked widespread… Read more »
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A US judge has ruled that certain practices of Google in the online search market were anti-competitive because the company promoted its browser unfairly. It is a victorious moment for the US Department of Justice and a stumble for Google. However, it also represents a turning point in the tech industry and sets a precedent… Read more »
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Amazon’s massive investment in AI has created doubts about future profitability despite record sales growth, following publication of the tech giant’s latest financial results. According to the Financial Times, in the three months ending June 30, Amazon’s net sales grew by 10% to $148 billion. Although the result was impressive, it missed analysts’ expectations of… Read more »
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E-commerce and cloud computing giant, Amazon, has filed a sweeping patent infringement lawsuit against Nokia, alleging the Finnish telecoms company has misappropriated Amazon’s cloud computing innovations. The lawsuit, filed in the United States District Court for the District of Delaware on July 30, 2024, comes less than a year after Nokia initiated its legal action against Amazon… Read more »
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Alibaba Group Holding’s cloud computing division is bringing changes to the way Olympic content will be transmitted and consumed, marking a significant milestone in the history of sports broadcasting. On July 25, Alibaba Cloud, in collaboration with Olympic Broadcasting Services (OBS), unveiled OBS Cloud 3.0, an innovative AI-enhanced platform designed to serve as the primary… Read more »
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Google Cloud serverless projects are being used by a Latin American financially motivated threat group, codenamed FLUXROOT, to orchestrate credential phishing campaigns, the The Hacker News has reported. This event is not isolated, as numerous malefactors in cyberspace are exploiting cloud computing services for malicious objectives. Thus, IT and cybersecurity professionals are facing a pressing… Read more »
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Multinational technology conglomerate Alphabet has beaten second-quarter revenue and profit analyst estimates. The company’s performance was driven by a rise in digital advertising sales and healthy demand for its cloud computing services, though it cautioned that capital expenses would remain high for the year. Reuters reported that the popularity of the Paris Olympics and elections… Read more »
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