Robert Hof, Author at SiliconANGLE

Cloud

Cloud and ad spending lift earnings at Amazon, Alphabet and Facebook

By Robert Hof Oct 29, 2020

The big three internet giants today revealed improved earnings despite and in some cases thanks to the COVID-19 pandemic, as advertising and cloud computing growth buoyed third-quarter results. As online ads saw a rebound,…

Infra

Report: SoftBank close to selling Arm to Nvidia for $40B+

By Robert Hof Sep 12, 2020

SoftBank Group Corp. is in exclusive talks with Nvidia Corp. to sell chip designer Arm Holdings Ltd. to the graphics chipmaker for more than $40 billion, according to a report this morning in the…

Cloud

AWS keeps ‘commanding’ lead in latest Gartner cloud report

By Robert Hof Sep 4, 2020

Amazon Web Services Inc. remains the “commanding” leader in cloud computing over No. 2 Microsoft Corp. and No. 3 Google LLC, but Google and “niche” providers Oracle Corp. and Alibaba Group Ltd. are coming…

Cloud

Cloud and COVID boost Amazon but ad swoon hits Alphabet and Facebook

By Robert Hof Jul 30, 2020

Updated: Hot off Wednesday’s congressional grilling of their chief executives on whether they’re too big, three internet giants today reported a total of almost $146 billion in second-quarter revenue even after the impacts of…

Cloud

Dell to explore spinoff of its 81% stake in VMware

By Robert Hof Jul 15, 2020

Updated: Personal computer and server giant Dell Technologies Inc. today said it’s exploring a possible spinoff of its 81% stake in computer virtualization software firm VMware Inc. The aim of the deal, outlined in…

Cloud

Report: Dell eyes spinning out $50B stake in VMware

By Robert Hof Jun 23, 2020

In a bid to boost its stock price, Dell Technologies Inc. is looking at potentially spinning off its $50 billion stake in VMware Inc., or alternatively buying the rest of the publicly held computer…

Infra

Cisco to acquire network intelligence startup ThousandEyes for reported $1B

By Robert Hof May 28, 2020

Networking giant Cisco Systems Inc. today announced plans to acquire San Francisco-based network intelligence startup ThousandEyes Inc. for an undisclosed amount. Under the deal, ThousandEyes’ technology will be used across Cisco’s core Enterprise Networking and Cloud services…

Infra

IBM hands down first layoffs under new CEO Arvind Krishna

By Robert Hof May 21, 2020

IBM Corp. is cutting jobs in the first major layoffs under new Chief Executive Officer Arvind Krishna, according to reports late Thursday by Bloomberg and the Wall Street Journal. It wasn’t clear how many jobs were…

Cloud

Cloud can’t save Amazon as pandemic boosts sales but costs sting profits

By Robert Hof Apr 30, 2020

Updated: With expectations for Amazon.com Inc.’s quarter in the stratosphere thanks to potential benefits from the coronavirus pandemic, the retail and cloud computing giant had a lot to live up to today. It couldn’t.…

Apps

Facebook misses earnings forecast, but pandemic-driven ad slump may be easing

By Robert Hof Apr 29, 2020

Another big-tech leader has shown the market it can weather the coronavirus pandemic: Facebook Inc. today pleased investors with a better-than-expected first quarter despite a late slump in ad revenue. The social media giant…

Robert Hof

Report: SoftBank close to selling Arm to Nvidia for $40B+

Cisco to acquire network intelligence startup ThousandEyes for reported $1B

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