Amid all its privacy, regulatory and content moderation issues, Facebook Inc.’s earnings almost seem irrelevant — but not today, when the social networking giant reported results that disappointed investors. The company actually reported better-than-expected sales of $21.08 billion in its fourth quarter, up 25% from a year ago, and also beat forecasts on profit, earning $7.35 ...

Amazon Web Services Inc. Wednesday evening filed a motion to stop further work on the Pentagon’s $10 billion cloud computing project. The Joint Enterprise Defense Infrastructure or JEDI contract was awarded to Microsoft Corp. last year after a hotly contested competition. The contract, with a value of up to $10 billion over 10 years, was ...

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 ...

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 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 ...

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 ...

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. ...

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 ...

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 ...

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 ...