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Cloud

Microsoft launches Ultra Disk cloud storage service for data-intensive workloads

By Mike Wheatley Aug 15, 2019

Microsoft Corp. today announced the general availability of its new Azure Ultra Disk solid-state drive storage service in three of its cloud regions. Azure Ultra Disk is what the company calls a next-generation distributed block storage…

Infra

Graphic turnaround: Nvidia posts solid revenue gains thanks to AI, graphics chip sales

By Mike Wheatley Aug 15, 2019

Updated: Things are looking up at Nvidia Corp., which easily beat expectations on earnings and revenue in its second quarter thanks to growing demand for its artificial intelligence and graphics chips. The company reported…

Big Data

Data analytics startup Incorta raises $30M to expand operations

By Duncan Riley Aug 15, 2019

Data analytics startup Incorta Inc. today said it has raised $30 million in new funding to expand its headcount, invest in further product development, deepen relationships with the major public cloud providers and reduce operational costs.…

Emerging Tech

Betting on automation, UPS buys stake in self-driving truck startup TuSimple

By Maria Deutscher Aug 15, 2019

United Parcel Service Inc. today disclosed that it has acquired a minority stake in TuSimple Inc., a San Diego-based startup developing autonomous driving technology for trucks. The shipping giant didn’t reveal the size of…

Cloud

Cloudflare files for IPO, revealing revenue of $129M in first half of 2019

By Maria Deutscher Aug 15, 2019

Cloudflare Inc. today filed to go public, becoming the second tech firm after WeWork Cos. to do so since the start of the week. San Francisco-based Cloudflare wrapped up the six months ended June…

Cloud

Alibaba blows past earnings estimates as cloud business hits $4.5B run rate

By Maria Deutscher Aug 15, 2019

Alibaba Group Holding Ltd. shrugged off the slowdown in the Chinese economy and the Washington-Beijing trade dispute in its fiscal first quarter, posting earnings today that beat analyst expectations on all major counts. The Chinese…

Infra

Dell and AT&T collaborate on open-source 5G network edge infrastructure

By Mike Wheatley Aug 15, 2019

Dell Technologies Inc. and AT&T Inc. said today they’re working together to develop open-source infrastructure necessary to enable the “network edge” ahead of the transition from 4G to 5G wireless networks. The network edge…

Apps

Facebook changes Groups privacy settings and vows crackdown on extreme content

By James Farrell Aug 14, 2019

Privacy settings for Facebook Inc.’s Groups are changing to make things simpler, the company announced on Wednesday. The social media giant said that from now on public, closed and secret group settings will either…

Blockchain

Bitcoin price drops as US-China trade tensions ease, renminbi rises

By Duncan Riley Aug 14, 2019

The price of bitcoin looked set to drop below the important $10,000 mark in trading Wednesday as the cryptocurrency loses most of it gains made since the beginning of the month. Bitcoin was trading at $10,043.19 as of…

Infra

NetApp beats estimates two weeks after revising its outlook

By Mike Wheatley Aug 14, 2019

Data storage company NetApp Inc. managed to beat its own expectations on earnings and revenue in its first quarter, but that was only because it slashed its original forecast two weeks ago. The company,…

all stories

Graphic turnaround: Nvidia posts solid revenue gains thanks to AI, graphics chip sales

Data analytics startup Incorta raises $30M to expand operations

Betting on automation, UPS buys stake in self-driving truck startup TuSimple

Cloudflare files for IPO, revealing revenue of $129M in first half of 2019

Alibaba blows past earnings estimates as cloud business hits $4.5B run rate

Dell and AT&T collaborate on open-source 5G network edge infrastructure

Bitcoin price drops as US-China trade tensions ease, renminbi rises

NetApp beats estimates two weeks after revising its outlook

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