Alphabet, the parent company of Google, is reportedly in advanced negotiations to acquire the cybersecurity startup Wiz for about $23 billion, according to sources familiar with the matter. If successful, this acquisition would be Alphabet’s largest to date and would signal a major strategic shift for the technology giant. Wiz is one of the fastest-growing… Read more »
The post Google targets cybersecurity firm Wiz in record $23 billion deal appeared first on Cloud Computing News.
The cloud computing sector has been on an impressive growth trajectory, with projections suggesting its market capitalisation will quadruple to a staggering $2.3 trillion by 2032. However, this rapid expansion comes with its own set of challenges. The market’s concentration among a few major players like AWS, Azure, and Google Cloud poses significant risks. A… Read more »
The post CoinTelegraph: How DePIN will change the cloud computing game appeared first on Cloud Computing News.
In a surge of activism highlighting the moral quagmire inside big tech, students and workers at Google and Amazon are coming together to protest their employers for becoming embroiled in a $1.2 billion dollar surveillance system development project for the Israeli government dubbed Project Nimbus. The project – which is believed to have included top-tier… Read more »
The post Silicon Valley’s moral crossroads: Project Nimbus sparks rebellion appeared first on Cloud Computing News.
The cloud computing sector in Europe is under considerable regulatory review at the moment, particularly around the proposed cybersecurity certification scheme (EUCS) for cloud services, which is a major topic of industry conversations. Reuters has reported that this initiative has triggered discussions among stakeholders about how it might affect leading cloud service providers, as well… Read more »
The post European organisations demand fair EU cybersecurity practices for big tech appeared first on Cloud Computing News.
Google has teamed up with NV Energy, an electric utility subsidiary of Warren Buffett-owned Berkshire Hathaway, in a groundbreaking deal that will see its Nevada data centres powered with cutting-edge geothermal electricity. Subject to regulatory approval by state utility regulators, the deal is set to nearly double the power output. This increase in carbon-free geothermal… Read more »
The post Google’s global expansion: Investing in geothermal energy in Nevada and a major data centre in Malaysia appeared first on Cloud Computing News.
Multinational computer technology firm, Oracle, has unveiled details of its latest financial performance, fueled by its commitment to cloud computing and AI. The company’s higher-than-expected bookings and major cloud partnerships reflect continued progress in its efforts to challenge industry leaders like Amazon, Microsoft, and Google. Among the notable announcements was Oracle’s cloud partnership with OpenAI,… Read more »
The post Oracle reports strong bookings and partners with OpenAI to enhance Microsoft Azure AI platform appeared first on Cloud Computing News.
Google has reached a significant milestone with the completion of its latest data centre and cloud region campus expansion in Singapore. This expansion brings the tech giant’s total investments in technical infrastructure in the country to a staggering US$5 billion, up from US$850 million in 2018. The company now employs over 500 people across its… Read more »
The post Google advances Singapore data centre and cloud region with new expansion appeared first on Cloud Computing News.
Business Insider reports that Microsoft is now reportedly reducing staff in the Azure cloud computing division, joining the growing layoffs that have roiled the tech and media space this year. Teams such as Azure for Operators and Mission Engineering will face hefty job cuts: some insiders report as many as 1,500 redundancies in Azure for… Read more »
The post Google and Microsoft restructures cut jobs in cloud and AI divisions appeared first on Cloud Computing News.
AWS is in talks with the Italian Government over a multi-billion-euro investment to expand data centres in Italy as part of the tech giant’s plan to strengthen its European cloud services. Specifics are still being finalised, according to a Reuters report, with discussions focusing on the size and location of the investment. One source even mentioned that AWS… Read more »
The post Amazon negotiates multi-billion Euro cloud investment with Italy, sources report appeared first on Cloud Computing News.
NetApp, a data infrastructure company, has expanded its partnership with Google Cloud to make it easier for organisations to leverage their data for generative AI (GenAI) and other hybrid cloud workloads. NetApp and Google Cloud are announcing the Flex service level for Google Cloud NetApp Volumes which supports storage volumes of nearly any size. NetApp… Read more »
The post NetApp partners with Google Cloud to maximise flexibility for cloud data storage appeared first on Cloud Computing News.