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Oracle Layoffs 2026: Massive Job Cuts Could Affect 30K Workers — Is AI to Blame?

Oracle Corporation is considering cutting up to 30,000 jobs to fund its AI infrastructure expansion, according to a report by TD Cowen.

EU Launches DMA Investigation into US Hyperscalers over Market Power

EC's DMA probe on cloud Infrastructure providers is a step to ensure Europe's digital future.

IBM Massive Layoff: Company To Axe Thousands of Jobs Amid Cloud And AI Rush

IBM is set to cut thousands of jobs as it shifts focus to cloud and AI growth. Here's what the layoffs mean for the tech giant, its workforce, and the industry. Who is safe?

OpenAI's $38 Billion AWS Switch After Restructure – Tech World Holds Its Breath

OpenAI's $38 billion switch to Amazon Web Services after its restructure reshapes the AI landscape, sparking industry tension and global anticipation.

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Nationwide DMV Outage Disrupts Services, Sparks Concerns Over Connectivity

A nationwide DMV outage, caused by cloud connectivity issues, disrupted license-related transactions.

Jarin Noshin Mar 21, 2024

Google announced booming quarterly profits

Google's Parent Alphabet Soars Into $2 Trillion Club, Joining Microsoft And Apple

Google’s parent Alphabet joined the exclusive club of companies that are worth more than $2 trillion.

Nicholas Morgan Nov 08, 2021

Cloud computing allows firms to cut costs and hassle by having outside firms host their data and provide processing power for certain applications

The Future Of Finance Is Connected Finance

With unified, real-time financial data, the connected CFOs can revolutionize how different departments interact.

Abhinav Tiwari Jul 15, 2021

The Salesforce Tower in San Francisco is the headquarters of the US cloud computing giant, which is allowing most employees to work from anywhere under a new flexible workplace policy

With Flexible Policy, Salesforce Says 9-5 Workday Is 'Dead'

With flexible policy, Salesforce says 9-5 workday is 'dead'

AFP News Feb 10, 2021

Amazon said its web hosting division pulled the plug on Parler after the social network failed to crack down on incitements of violence

Who Is Andy Jassy? AWS Head Replaces Jeff Bezos As New Amazon CEO

Andy Jassy helped turn Amazon into one of the most profitable technology companies.

Danielle Ong Feb 02, 2021

A new funding round for AI startup Databricks highlights surging interest in tech startups in the cloud computing segment

AI Startup Databricks Valued At $28 Bn, Tech Giants Join Funding

AI startup Databricks valued at $28 bn, tech giants join funding

AFP News Feb 01, 2021

Ford Motor Co will be using Google cloud computing services for its connected vehicles and to help improve factory efficiency

Ford To Put Google Cloud To Work In Cars And Factories

Ford to put Google cloud to work in cars and factories

AFP News Feb 01, 2021

Microsoft boosted revenue and profit in the final three months of last year with the pandemic accelerating the need for cloud computing for people working from home -- and playing more internet-based games

Microsoft Profit Soars As Pandemic Speeds Shift To Cloud

Microsoft profit soars as pandemic speeds shift to cloud

AFP News Jan 26, 2021

India's Tata Consultancy Services CEO and Managing Director Rajesh Gopinathan said growing demand helped the company overcome seasonal headwinds

India IT Giant TCS Sees Profits Jump On Pandemic Demand

India IT giant TCS sees profits jump on pandemic demand

AFP News Jan 08, 2021

Target Recalls Children's Rashguards, Rompers Due To Choking, Laceration Risk: Is Yours Included?

Target is recalling 299,000 Cloud Island rompers and 181,000 Cat & Jack one-piece rashguards for children.

Athena Chan Dec 31, 2020

The 2006 launch of Amazon Web Services (AWS) gave the online giant a huge lead over its competitors

Twitter And Amazon Team Up On Cloud Infrastructure

Using AWS should improve the social media service's performance for users, and on the bottom line.

Luis Sanchez Dec 23, 2020

The Uighur issue looms as a worrying threat for Chinese companies as global criticism grows over Beijing's policies in the northwest region of Xinjiang

China's Alibaba 'Dismayed' By Uighur Facial-recognition Software

China's Alibaba 'dismayed' by Uighur facial-recognition software

AFP News Dec 17, 2020

Google's email service, Gmail, was down for about two and a half hours, though the internet giant did not disclose the precise cause of the trouble

Gmail Service Disrupted In New Google Mishap

Gmail service disrupted in new Google mishap

AFP News Dec 15, 2020

The state of California has accused Amazon of failing to adequately comply with subpoenas demanding details about coronavirus cases and protocols at its facilities

Amazon Slams Trump Administration As 'Increasingly Corrupt' In Lawsuit Against Pentagon

The $10 billion JEDI cloud computing contract would involve storing and managing sensitive information, including U.S. military and defense data.

Danielle Ong Dec 15, 2020

Microsoft could regain momentum with consumers if it moves ahead with a deal to buy the TikTok app, but it faces both business and political risks

Salesforce Buys Slack For $27.7 Billion, How Does The Deal Affect Microsoft?

Business software maker Salesforce acquired the messenger app Slack for $27.7 billion in an attempt to compete against Microsoft. Microsoft added a team messaging app to Office 365 as it continues to play catch up.

Anthony Raimondi Dec 02, 2020

Amazon will join forces with BlackBerry on an automobile cloud platform that will build off the Canadian firm's QNX software, seen here at the Los Angeles Auto Show

BlackBerry, Amazon Team Up On Smart Car Software Platform

BlackBerry, Amazon team up on smart car software platform

AFP News Dec 01, 2020

IBM Layoffs: 10,000 Job Cuts Expected In Europe; UK, Germany Most Affected

The cuts come as the technology company focuses on its hybrid cloud computing and artificial intelligence unit.

Danielle Ong Nov 25, 2020

How to Choose a Cloud Storage Plan for your Small Business

Check out these tips on how to choose the right cloud storage plan for you.

IBT Staff Reporter Nov 24, 2020

Amazon said profits grew in the past quarter on robust retail sales and gains in cloud computing

Amazon Quarterly Profit Triples To $6.3 Bn On Retail, Cloud

Amazon's third-quarter profits tripled from a year ago on strong retail sales during the pandemic and growth in cloud computing, the company announced Thursday.

AFP News Oct 29, 2020

Facebook has tightened its rules on political advertising ahead of the 2020 election; file illustration photo taken March 25, 2020

Facebook Is Rolling Out A Free Cloud Gaming Service Focused On Smaller Titles

Facebook is entering the cloud gaming service market but will focus on free-to-play games that won't require fast download speeds. These games include “Asphalt 9: Legends,” “Solitaire: Arthur’s Tale” and “Mobile Legends: Adventure.”

Jason Inocencio Oct 27, 2020

No need to tip, a robot now pulls beers at one bar in the Spanish city of Seville

Report: Robotics Will Eliminate Millions Of Jobs In Coming Years, But Create Nearly As Many

The rapid digitalization of global economies will make many professions obsolete but also lead to newer vocations.

Palash Ghosh Oct 21, 2020

Microsoft’s Azure To Be Connected To SpaceX’s Starlink Satellite Internet

Microsoft aims to tackle space, SpaceX aims to be the global high-speed internet provider. With this partnership, their ambitions may get realized.

Vaibhavi Khanwalkar Oct 21, 2020

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