Robert Hof
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CLOUD SPECIAL REPORT: THE GREAT MIGRATION
At re:Invent, Amazon beefs up its cloud with AI and takes it to the network edge
In the big reveals of its annual cloud computing conference, Amazon Web Services Inc. today debuted new processors and a bunch of new machine learning services intended to make high-performance computing and machine learning easier, as well as yet more services intended to extend its cloud to corporate data centers and mobile devices. Among the ...
Citing Trump interference, Amazon files protest of Pentagon’s $10B JEDI cloud contract award to Microsoft
Amazon.com Inc. late Friday filed a protest of the Pentagon’s award of a $10 billion cloud computing contract to Microsoft Corp., citing evidence in videos that showed the process was improperly influenced by opposition from President Donald Trump. Amazon Web Services Inc. was the odds-on favorite to win the lucrative Joint Enterprise Defense Infrastructure or ...
HP rejects $33.5B buyout offer from Xerox
HP Inc. today soundly rejected an unsolicited bid by copier and printer stalwart Xerox Holdings Corp. to buy the personal computer and printer maker for $33.5 billion, saying it undervalues the company. Xerox made the bid back on Nov. 5, a day after it was reported that its board discussed a cash and stock offer ...
Report: Xerox makes a bold bid to buy much bigger HP
Updated: Xerox Holdings Corp. is considering a bid to acquire HP Inc. in a deal that would combine two struggling technology veterans. That’s according to a report Tuesday night in the Wall Street Journal. According to people familiar with the matter, the Journal said, the copier and printer producer’s board discussed a cash and stock ...
What controversies? Facebook ad engine keeps steaming ahead
Continuing to resemble two entirely different companies, Facebook Inc. today reported upside earnings results that stand in stark contrast to a continuing stream of bad news on the regulatory, political and privacy fronts. The social networking giant reported a third-quarter net profit of $6.1 billion, or $2.12 a share, up 20% from a year ago. ...
Google Cloud fails to lift Alphabet enough to please investors
Three months after revving up investors with better-than-expected earnings, Alphabet Inc. today reversed course with a third-quarter report that left investors less impressed this time. The parent of Google LLC earned a profit of $7.07 billion, or $10.12 a share, down 23% from a year ago on a 20% revenue rise, to $40.5 billion, or 22% if ...
In a big surprise, Pentagon grants Microsoft $10B JEDI cloud contract over Amazon
Microsoft Corp. today won the Department of Defense’s hotly contested $10 billion, 10-year cloud computing contract, beating out frontrunner Amazon Web Services Inc. Amazon.com Inc.’s cloud computing unit had been the presumed favorite for the plum contract, known as the Joint Enterprise Defense Infrastructure or JEDI, for well over a year partly thanks to its ...
Legendary venture capitalist Don Valentine dies at 87
Don Valentine, the longtime founding venture capitalist at Sequoia Capital who led investments in Cisco Systems Inc., Oracle Corp., Electronic Arts Inc. and many other iconic Silicon Valley firms, died today at age 87 at his home in Woodside, California. As Sequoia itself said in a post today on its site, “Remembering Don Valentine,” he’s ...
ANALYSIS
Despite AWS cloud growth, Amazon shares sag on lower forecast
Updated: The cloud no longer is lifting Amazon.com Inc.’s business into the sky, at least not from investors’ point of view. The retail, media and cloud giant today said revenue at its Amazon Web Services Inc. cloud computing unit continued to slow but still rose 35%, to $9 billion, in its third quarter, maintaining its ...
AWS announces full lineup for Intersect, its first public music and tech festival
In case it wasn’t already apparent, Amazon Web Services Inc. is serious about mounting a full-blown public music festival in Las Vegas in early December. Amazon.com Inc.’s cloud computing operation this morning announced a fleshed-out roster of artists set to perform at its Intersect Music Festival, which will be held Dec. 6 and 7 at ...