CLOUD COMPUTING

S&P 500 Posts Highest Close in Nearly 4 Years

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The S&P 500 rose on Friday to close at the highest level since before the collapse of Lehman Brothers in 2008, continuing a pattern of steady gains on signs of U.S. economic recovery.
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Cloud computing report slams Brazil, India, China

A U.S. software industry report on Wednesday chided Brazil, China and India for policies it said threatened the future of cloud computing, but also took aim at developed countries such as Germany that did well on its inaugural scorecard.
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Cisco Profit Up 43 Percent in Q2

Cisco Systems Inc. (CISCO) has reported that its second quarter profit rose 43 percent from last year, helped by higher sales and better cost control.
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AMD's CEO Prepares Chipmaker for a Fight

Advanced Micro Devices' new chief executive delivered an enthusiastic pitch in his debut before Wall Street analysts, telling them he was getting the struggling PC chipmaker fit to fight in a quick-changing computer industry.
Graphics of new Amazon Kindle tablets seen at news conference in New York

Amazon Shares Fall as Outlook Disappoints

Amazon.com Inc's shares slid 12 percent in early trade on fears that heavy spending would hurt the retailer's profits even as revenue growth falls short of Wall Street expectations.
Amazon will roll out updates for its first tablet, the Kindle Fire, in about two weeks.

Amazon Keeps Spending to Grow, Slashing Profits

Amazon.com warned of a possible operating loss in the first quarter following a sharp drop in fourth-quarter profits, a sign that the online retailer is continuing to spend heavily on expansion and new ventures at the expense of shorter-term profits.
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SAP Bullish on 2012 after Record Results

SAP, the world's biggest maker of business software, was upbeat on its topline growth this year citing its investment in new technologies and robust corporate spending.
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SAP Sets Sights on Fresh Profit Record

SAP, the world's biggest maker of business software, aims to set a fresh profit record this year as it banks on robust corporate spending on technology.
Visitors watch a presentation about cloud computing at an IBM booth

Top 10 Cloud Computing Predictions and Implications

The cloud computing is going to be the next big buzzword in 2012 as it would spread to mobile devices, mobile advertising, and wireless equipment. In other words, the Cloud could be the new operating system.
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Cloud tech firm CloudShare sees 2012 sales surge

U.S.-Israeli start-up CloudShare, whose technology enables Web-based development and testing of software applications, expects to as much as triple sales in 2012 as its benefits from the rapidly growing cloud computing market.
OnLive Brings Hottest Gaming Revolution on Smartphones and Tablets via Cloud

OnLive Brings Hottest Gaming Revolution on Smartphones and Tablets via Cloud

Good news to smartphones and tablet users who crave for gaming without compromising on splendid graphics - OnLive, a Silicon Valley-based gaming service, has announced the launch of an application (app) which enables users of mobile devices such as iPhone, iPad and Android-based smartphones and tablets, including Amazon's Kindle Fire, to enjoy console-class gaming.

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