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Amazon wins key cloud security clearance from governmentBy Alistair Barr SAN FRANCISCO (Reuters) - Amazon.com Inc has been given a security clearance by the U.S. government that will make it easier for federal agencies to use its cloud computing services. Amazon Web Services, known as AWS, was certified to operate as a clo... ...Read More »Analysis: Amazon gets help to lure big business to the cloudBy Alistair Barr SAN FRANCISCO (Reuters) - As Amazon.com Inc seeks to transform itself into a leading provider of technology to the world's largest corporations, it's discovering that it needs help. The online retailer, which since 2006 has moved aggressively ... ...Read More »Rackspace expects revenue below estimates as price cuts weighBy Neha Alawadhi (Reuters) - Rackspace Hosting Inc, which leases online storage space to companies, forecast current-quarter revenue below analysts' estimates as effects of product price cuts linger, sending its shares down 17 percent in after-hours trading. The c... ...Read More » |
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BMC to go private in $6.9 billion deal led by Bain, Golden GateBy Sayantani Ghosh (Reuters) - Business software maker BMC Software Inc, whose anemic growth has been a source of frustration for its largest shareholder, said it would be taken private by a group led by Bain Capital and Golden Gate Capital for about $6.9 billion. Ell... ...Read More »Amazon's success formula: move bits instead of boxesBy Alistair Barr and Ben Berkowitz SAN FRANCISCO/NEW YORK (Reuters) - Amazon.com Inc appears to have figured out the secret to being more profitable: sell less physical stuff. The company reported slowing revenue growth and offered a disappointing outlook for this qua... ...Read More »EMC reaffirms full-year forecast after first-quarter missBy Nicola Leske and Sayantani Ghosh (Reuters) - EMC Corp reported slightly weaker-than-expected quarterly results as customers remained cautious about tech spending but the data storage equipment maker reiterated its full-year forecast, sending its shares up nearly 2 percent. ... ...Read More »VMware forecasts second-quarter revenue below estimates, shares fall(Reuters) - Cloud computing software maker VMware Inc forecast current-quarter revenue that fell short of analysts' estimates, sending its shares down 7 percent in extended trading. VMware, controlled by data storage equipment maker EMC Corp, said it expects revenue in the range of $1.... ...Read More »SAP's cloud computing push stalls in AsiaBy Harro Ten Wolde FRANKFURT (Reuters) - SAP AG's Asian business stumbled at the start of 2013 when top sales managers left the business software company, giving rivals an edge just as customers were switching from hardware to cloud computing. The German company v... ...Read More »Amazon lifts executive stock awards as Apple rivalry heats upBy Alistair Barr SAN FRANCISCO (Reuters) - Amazon.com Inc increased stock compensation for key executives in 2012 as the world's largest Internet retailer stepped up competition with Apple Inc, according to a regulatory filing on Friday. In the filing with the Sec... ...Read More »Quarter of U.S. firms in China face data theft-business lobbyBy Michael Martina BEIJING (Reuters) - A quarter of firms that are members of a leading U.S. business lobby in China have been victims of data theft, a report by the group said on Friday, amid growing vitriol between Beijing and Washington over the threat of cyber attacks. ... ...Read More »Quarter of U.S. firms in China face data theft: business lobbyBy Michael Martina BEIJING (Reuters) - A quarter of firms that are members of a leading U.S. business lobby in China have been victims of data theft, a report by the group said on Friday, amid growing vitriol between Beijing and Washington over the threat of cyber attacks. ... ...Read More » |
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