CLOUD COMPUTING

Stern Advice: Where to Put Your Money Now

A share trader checks share prices as she sits behind her trading terminals at the trading floor of the German stock exchange in Frankfurt
You've got to put your money somewhere, right? Under the mattress doesn't really work as a retirement program. It's lumpy, vulnerable to theft and your kids might find it.
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RIM unveils new cloud-based music service

Canada's Research In Motion Ltd will unveil a new cloud-based social music sharing service called BBM Music, as companies begin to bet on entertainment delivered over the Internet that incorporates social networking features.
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HP logo is seen outside Hewlett-Packard Belgian headquarters in Diegem

HP Upgraded to 'Buy' at Jefferies

Jefferies has upgraded PC giant Hewlett-Packard Co. (NYSE:HPQ) to "buy" from "hold," saying that the company is expected to deliver higher margins over long-term and is best positioned to benefit from the increasing demand for cloud services.
VMware

FBR Upgrades VMWare to 'Outperform'

FBR Capital Markets has upgraded the shares of VMWare, Inc. (NYSE:VMW) to "outperform" from 'market perform," saying that the company would be a leading beneficiary of increasing demand for virtualization solutions.
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Like Zynga, Digital Chocolate pulls back from the cloud

It looks like Zynga?s infrastructure strategy is rubbing off on social gaming startups. Digital Chocolate, purveyor of social games such as Millionaire City and Pro MMA Fighter, is following in Zynga?s footsteps of launching games in the cloud, then bringing them back in house when demand levels off. It doesn?t have Zynga?s much ballyhooed hybrid cloud infrastructure quite yet, but Digital Chocolate is working on its own flavor of the ideal gaming cloud.
Driver delivers two packages from Amazon.com in Boston, Massachusetts

Amazon flies high, may rise 25 percent more: Barron's

Amazon.com Inc shares, just below their all-time high, could rise 10 percent to 25 percent if its capital spending translates to fast growth in its retailing, Kindle e-readers and cloud-computing businesses, Barron's said in its August 1 edition.
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Default cloud hangs over U.S. job market

The terrifying prospect of a U.S. debt default has left a cloud over businesses already reeling from the economy's tepid performance, and likely left them reluctant to ramp up hiring in July.
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Amazon flies high, may rise 25 percent more: Barron's

Amazon.com Inc shares, just below their all-time high, could rise 10 percent to 25 percent if its capital spending translates to fast growth in its retailing, Kindle e-readers and cloud-computing businesses, Barron's said in its August 1 edition.
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Amazon revenue surges

The largest Internet retailer benefited from growth in e-commerce, though margins continued to be pressured by heavy spending on distribution, technology and digital content.
bin Laden

Terrorists Use Facebook to Launch Cyber-jihad

The al-Qaida is launching a ‘cyber jihad’ on the West and there have been increasing attempts by terrorists to ‘invade’ Facebook and other social networking sites for propaganda and to organize attacks.
Dell founder and CEO Michael Dell delivers his keynote address at Oracle Open World in San Francisco, September 22, 2010.

Dell Facing Challenge from Tablets, Cloud

Dell Inc. (NASDAQ: DELL) has longer-term disadvantages in a tablet and cloud world as Dell is not focused on tablets and is well behind Hewlett-Packard Co. (NYSE: HPQ) in developing a full cloud stack, Jefferies said in a note to clients.

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