CLOUD COMPUTING

International Business Machines (NYSE: IBM) is expected to report lower third-quarter revenue, but earnings should rise at least 5%.

Amazon.com (Nasdaq: AMZN) said its Amazon Web Services clients include more than 300 government agencies and 1,500 colleges.

Agawi is inviting game developers to submit content with its new Windows 8 app, solidifying Microsoft’s move into cloud-based gaming.

Shares of Adobe Systems Inc. (Nasdaq: ADBE), the top graphics software developer, rose more than 3 percent despite poor revenue outlook.

The worldwide cloud services market is estimated to grow 19.6 percent in 2012 to surpass the $109-billion mark, according to a new report by Gartner.

The second largest computer manufacturer in the world, Lenovo Group Ltd (0992) has decided to acquire a U.S.-based software company Stoneware Inc that marks its venture into Cloud Computing, the Wall Street Journal has reported.

Apple revealed the long-anticipated iTunes 11 at its press conference today, highlighting new features that update the available cloud media services along with a sleek redesign of the media player itself. The announced changes largely focused on greater integration between different Apple mobile devices and computers, complete with a fully integrated iCloud service.

Microsoft has announced a deal with cloud-streaming company Agawi in its plans to bring the service to its Azure platform. The deal, which effectively gives users of Microsoft’s Windows 8 OS access to game streaming content, indicates Microsoft’s passion for a more cloud-based experience.

Baidu Inc (BIDU) has launched a new browser for mobile devices running on Android operating system that allows users to play games and watch videos without a media player, Bloomberg has reported.

International Business Machines Corp. (NYSE: IBM), the No. 2 computer company, said it will start providing services in the cloud for consumer electronics makers, starting with Dutch giant Philips Electronics (NYSE: PHG).

Americans have no idea what cloud computing is, with many believing it relates to the weather, or even pillows, drugs and toilet paper, a new survey commissioned by enterprise software developer Citrix Systems Inc. (Nasdaq: CTXS) found.

International Business Machines Corp. (NYSE: IBM), the No. 2 computer maker, introduced its most powerful server for enterprises, the zEnterprise EC 12 mainframe, which it said cost as much as $1 billion to develop. The unit is intended for enterprises that can manage their own systems but also shift data processing to the cloud.

International Business Machines Corp. (NYSE: IBM), the No. 2 computer maker, said it will pay about $1.6 billion to acquire Kenexa Corp. (NYSE: KNXA), for its human-resources software cloud technologies.

According to VentureBeat, Microsoft is courting former OnLive employees now that the game-streaming company has entered a period of restructuring that caused layoffs for multiple employees.

According to a new Gartner report, the worldwide application development (AD) software market is expected to cross $9 billion in 2012, an increase of 1.8 percent over 2011. The report said that the growth will be driven developing software delivery models, new development methodologies, emerging mobile application development and open source software.

Before the curtain falls on this earnings season, investors will hear next week from several more major players, including Dell, Hewlett-Packard, Lowe's and Best Buy.

Technology firms Amazon and Apple have decided not to entertain account change and password reset requests over phone following hacking of iCloud account of Wired reporter August 3. Besides, Amazon and Apple are likely to enforce stringent security measures against growing hacking concerns.

Oracle Corporation (Nasdaq: ORCL) said Monday it will buy Xsigo Systems, a network virtualization technology company, to expand its presence in the cloud computing business. The value of the deal was not disclosed.

Cisco Systems Inc. (Nasdaq: CSCO), the No. 1 provider of Internet gear, said it had acquired private Virtuata, a two-year-old specialist in cloud computing and security.

Cloud Computing just got a shot in the arm as online storage service provider Dropbox decided to double the capacity of its offerings to consumers without hike in prices owing to intense competition and also offers a new 500GB service plan at $499 a year.

CaptureToCloud, a year-old web developer, announced a new ?social workspace? for all kinds of digital content in the Cloud that?s tightly integrated with services from Google (Nasdaq: GOOG), the No. 1 search engine.