Updated: In a deal sure to shake up the worlds of open-source software and cloud computing alike, IBM Corp. today announced a deal to acquire Red Hat Inc. for a stunning $34 billion. Red Hat is one of the pioneers to commercialize open-source software, in which code is made freely available for others to redistribute ...

Updated: Cloud computing continues to make an outsized impact on advertising giant Alphabet Inc. and e-commerce goliath Amazon.com Inc., but it wasn’t quite enough in their latest quarters to boost revenue growth up to what investors hoped. Still, the two tech giants’ third-quarter cloud results signal that the move by companies to rent computing power and ...

Updated: In a sign of rising investor worries about how long the technology bull market can run, shares of Advanced Micro Devices Inc. plunged more than 20 percent in extended trading after the chipmaker reported disappointing quarterly results and an even more disappointing outlook. AMD’s shares had already fallen 9 percent, to $22.79 a share, ...

Arm Holdings Ltd., whose computer chip designs are best known for powering consumer devices from smartphones and smartwatches to televisions and printers, has been worming its way into data center equipment such as network switches and computer servers for years. Now, it’s getting serious. Today at its TechCon conference in San Jose, California, the British semiconductor ...

In one of several additions to its cloud computing offerings today, Google LLC announced new ways make data more accessible in its Cloud Storage service and control where it’s stored around the world. Introduced early Thursday at the company’s Cloud Next conference in London, the new options for storage across multiple regions are intended to ...

Updated: Two big-data pioneers, Cloudera Inc. and Hortonworks Inc., today announced what they called a merger of relative equals, saying they’ll combine their companies into a new entity with about $720 million in annual revenue. The all-stock deal, really closer financially to an acquisition by the somewhat larger Cloudera, signals an acceleration of a long-simmering consolidation in ...

Nvidia Corp.’s graphics processing unit chips have become the foundation of the burgeoning field of machine learning, which uses software roughly emulating parts of how the brain works to enable computers to learn on their own. GPUs’ ability to run many tasks at once in parallel at has led to recent breakthroughs in speech and ...

Collaborative file-sharing giant Box Inc. kicked off its annual BoxWorks conference in San Francisco today with a series of new features aimed at building out its vision of serving as the main content hub for enterprises. “Users are looking for one content layer across everything,” one that spans the wide range of applications they’re using ...

Kubernetes, the software that manages the deployment of software containers, has grown in usage like a weed since Google LLC announced it in 2014. That’s because containers have become enormously popular for allowing developers to create one version of their software that can run on many operating systems and servers, and Kubernetes standardized the process ...

Updated: On the eve of this week’s VMworld in Las Vegas, conference host VMware Inc. Sunday night debuted several new technologies and some lower prices for its cloud software suite atop Amazon Web Services Inc. The new services are an expansion of VMware Cloud on AWS launched a year ago. At VMworld. They’re aimed at ...