Cloud computing is Internet-based computing, whereby shared resources, software, and information are provided to computers and other devices on demand, as with the electricity grid.

Cloud Computing? Relates To Weather, Citrix Survey Finds

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.

Worldwide Application Development Software Market To Exceed $9 Billion In 2012: Gartner

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.

Oracle Buying Xsigo Systems, Price Not Disclosed

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.

Amazon Cuts Cloud Costs For Web Services Clients Inc. (Nasdaq: AMZN), the No. 1 e-retailer, said it would trim costs for its Cloud computing unit known as Amazon Web Services, which operates in 190 countries and serves clients like Netflix (Nasdaq: NFLX).

IBM Deploying Cloud Servers For French Open Fans

International Business Machines Corp. (NYSE: IBM) said it was deploying cloud, or Internet, computing services for the website of the French Open so that it can handle as much as 100 times normal traffic.

SAP To Expand Cloud Presence, Buying Ariba For $4.3 Billion

SAP AG (NYSE: SAP) has agreed Tuesday to buy Internet commerce company Ariba Inc. (Nasdaq: ARBA) for $4.3 billion, as the German business software giant looks to expand its cloud-based services and challenge rival Oracle Corporation (Nasdaq: ORCL).

Steve Jobs Played Franklin Delano Roosevelt In Apple's 1984 Inspirational Macintosh Ad [VIDEO]

Steve Jobs is remembered not merely for the company he co-founded, but also for his mannerism, determination and marketing skills that helped Apple reach the zenith of success. But what about his acting skills? Yes, the Apple wizard did have some. He appeared as former U.S. President Franklin Delano Roosevelt in a long-lost TV commercial to charge up the company's sales team to take on IBM.


Seagate 60TB Hard Drive in the Horizon

Seagate 60TB Hard Drive in the Horizon

Seagate has become the first hard drive manufacturer to pack 1 terabit - one trillion bits - into a single square inch, a remarkable milestone that will lead to hard drives as large as 60TB within the next decade.
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CERN to Tap New Europe Cloud Computing Project

Three key research centers and a consortium of Internet companies said on Thursday they would work together on a European cloud computing platform to handle the continent's rapidly growing demand for computer capacity.
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S&P 500 Posts Highest Close in Nearly 4 Years

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.