Almost five months after Oracle Corp. surprised investors with more disappointing growth in its cloud computing services, a lawsuit filed Friday claims executives lied about the nature of that growth. The suit, filed by Bernstein Litowitz Berger & Grossmann LLP on behalf of the City of Sunrise [Florida] Firefighters’ Pension Fund, alleges that executives issued “false and misleading” press ...

It’s no secret that Google LLC Chief Executive Sundar Pichai has been angling to get the company back into China, and now those efforts may extend to its cloud services. According to anonymous sources cited in a report Friday afternoon by Bloomberg, the company is in talks with internet giant Tencent Holdings Ltd., cloud and ...

Once again, cloud computing as well as strength in core retail operations helped lift Amazon.com Inc.’s profits in its latest quarter above the already heady forecasts of Wall Street. The retail and cloud computing giant today reported a second-quarter net profit of $2.5 billion, or $5.07 per share, up from just $197 million a year ...

As the lead story of SiliconANGLE’s Cloud Special Report makes apparent, serverless computing is the next big disruption the cloud is bringing to computing, freeing software developers from the hassle of managing hardware, software and networking technologies. Essentially, serverless technology executes software functions automatically based upon an event triggered by a human or by a program, ...

To no one’s surprise, Google LLC parent Alphabet Inc. today reported that its advertising business continues to roll, but a $5 billion fine recently imposed by the European Union wiped out a large chunk of its net profit. Moreover, Google’s “other revenues” besides advertising, the large majority of which are its cloud computing operations as ...

Cloud computing is only a dozen years old, at least in its modern sense, but as software eats the world, there’s little doubt anymore that it’s the blazing center of information technology. Think about it: Sure, you love your iPhone, but it’s a slick little brick without thousands of apps to run on it. And ...

The open-source Kubernetes software has made it possible to automate the management of applications in containers, a way of running software unchanged across different kinds of computers and clouds. But initially deploying apps on clusters of computers running Kubernetes still requires a lot of manual work. That’s what Google LLC is aiming to start fixing ...

High-profile cybersecurity firm Centrify Inc. today said the private equity giant Thoma Bravo is acquiring a “significant” majority stake in the company. Thoma Bravo, which has been investing in several cybersecurity firms such as Bomgar and Sailpoint in the last few years and bought security firm Barracuda Networks in November for $1.6 billion, is buying ...

Armed with $400 million for its latest fund announced today, Scale Venture Partners revealed plans to open up its internal software used to help keep its portfolio cloud startups growing. The Foster City, California-based venture capital firm is showing an early preview of Scale Studio, a software platform it has been using for a couple ...

In a surprise move, Google Cloud Chief Operating Officer Diane Bryant has left the company after serving only seven months on the job. The departure of Bryant (pictured), first reported by Business Insider, was confirmed by Google LLC today. “We can confirm that Diane Bryant is no longer with Google,” the company said in a statement. “We are ...