CLOUD COMPUTING

Network equipment maker Cisco Systems Inc said global cloud data traffic will grow at a compound annual rate of 66 percent between 2010 and 2015, as consumers and businesses seek untethered access to content and applications.

iTunes Match is part of Apple's latest mobile operating system update, and after a brief delay, it's now up and running. It's a cloud-based storage system that can hold all the music from your computer's library, even the ones you didn't actually buy from Apple. Now all of your 90's hits that you had stored on your old laptop can be digitized and stored in the cloud.

Box.net finally launched its Box Innovation Network (/bin), a service where developers can create APIs for enterprise and mobile applications on Box's cloud platform.

There may be one silver lining to the economic cloud hanging over the United States this holiday season: The odds of having to put in an appearance at the sometimes-awkward company party are at a record low.

Cloud computing could be key for Oracle's (NASDAQ:ORCL) future and the company's recent acquisition of RightNow implies it is making the right moves in this space.

Advanced Micro Devices (AMD) has unveiled the world's first 16-core x86 Opteron 6200 server chip, formerly code-named Interlagos. The chip maker also launched its 8-core 4200 Series processors, code-named Valencia.

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Apple has recently filed a case with the World Intellectual Property Organization (WIPO) over seven domain names that use Apple's trademarked term iPhone. The seven sites in dispute lead to mobile porn services and are not related to Apple or Apple products.

Mobile operator Telefonica is to slash its range of handsets as part of its efficiency drive, freeing it up to develop new products and services within its digital division.

Business software maker Oracle (NASDAQ: ORCL) may be setting its sights on Salesforce.com (NYSE: CRM) but the deal may not be an imminent one, according to an analyst at Global Equities Research.

Global Equities Research has downgraded Salesforce.com (NYSE: CRM) to equal weight, saying that the company would face stiff competition that may hurt revenue and margins.

In Technology Group Ltd. announced a 4.3-inch xpPhone 2 smartphone should be launched early next year. ITG, claiming to be known as China Apple, announced in its press release that the xpPhone 2 will be a Post-Smartphone.

Now that Dropbox has a comprehensive group collaboration offering, it is finally on-par with Box.net. Which is the best cloud solution for you?

Dropbox Launches Dropbox for Teams With Administrative Controls and Plenty of Space

Sharing for businesses and students is easier now and advanced photo editing is possible with Creative Kit.

Research In Motion has parted ways with a senior executive involved with the company's move into cloud-based services, adding to a string of high-level departures from the BlackBerry maker.

Dropbox, the company behind the popular virtual file cabinet, is branching out to small and medium-sized businesses with the new service Dropbox for Teams.

SAP said it would consider buying back shares to return cash to shareholders, sparking a skeptical response from analysts who said they would rather see the world's biggest maker of business software spend money on acquisitions.

Dropbox is offering 5GB of free storage in an upcoming joint venture with HTC.

Fujitsu Ltd <6702.T> said its quarterly operating profit fell 35 percent, dragged down by losses in its devices business, sluggish IT spending in Japan and a strong yen, but it stuck to its full-year profit forecast on hopes for a pickup in IT spending in the October-March period.

IBM global sales chief Virginia Rometty will take over as CEO from Sam Palmisano in January, becoming one of the most powerful women in business and technology today.