Search results for "cloud"

Asian shares slide after tech, bank sell-off on Wall Street

Shares skidded in Asia on Wednesday after Wall Street closed lower for a second straight day, led by drops in technology companies and banks. Worsening coronavirus outbreaks in Asia have cast a shadow over prospects for a rebound from the pandemic. Tokyo’s Nikkei 225 fell more than 2% and other benchmarks also declined. On Tuesday, […]

Zoom Apps to receive $100 million investment to expand ecosystem

Popular video-conferencing platform Zoom Video Communications Inc. announced on Monday the creation of a new $100 million venture fund created to stimulate growth of the company’s ecosystem of Apps, integrations, developer platform, and hardware. The Zoom Apps fund will comprise of portfolio companies who will receive initial investments between $250,000 and $2.5 million to build […]

SolarWinds hacking campaign puts Microsoft in the hot seat

The sprawling hacking campaign deemed a grave threat to U.S. national security came to be known as SolarWinds, for the company whose software update was seeded by Russian intelligence agents with malware to penetrate sensitive government and private networks. Yet it was Microsoft whose code the cyber spies persistently abused in the campaign’s second stage, […]

Cybersecurity market to reach $300bn by 2027

The beginning of April was considered the worst week for social media firms across the aisle, as news headlines as far as the finger can scroll were swamped with news of billions of user accounts were leaked on a hacker forum for sale. Leaks affected social networking giants such as Facebook, popular audio drop-in app […]

Microsoft buying speech recognition firm Nuance in $16B deal

Microsoft, on an accelerated growth push, is buying speech recognition company Nuance in a deal worth about $16 billion. The acquisition will get Microsoft deeper into hospitals and the health care industry through Nuance’s widely used medical dictation and transcription tools. Microsoft will pay $56 per share cash. That’s a 23% premium to Nuance’s Friday […]

COVID-19 vaccines boost consumer confidence across the board, IBM study finds

IBM’s consumer survey released Thursday adds to the growing amount of data showing optimism as the world slowly emerges from the pandemic. The study shows that global consumer confidence is high, “with more than half of respondents surveyed saying that they expect COVID-19 vaccines to keep them protected,” the company said. According to IBM’s study […]

Endless opportunities at the Intelligent Edge

In the past 24 months we’ve seen Artificial Intelligence (AI) go mainstream with consumers and enterprises. Today you can find AI in automobiles, appliances, wearables, speakers, buildings, industrial systems, and just about everything in between.  These advancements are truly remarkable, and yet we have an insatiable appetite for even better and faster technologies. As more […]

Microsoft wins $22 billion deal making headsets for US Army

Microsoft won a nearly $22 billion contract to supply U.S. Army combat troops with its augmented reality headsets. Microsoft and the Army separately announced the deal Wednesday. The technology is based on Microsoft’s HoloLens headsets, which were originally intended for the video game and entertainment industries. Pentagon officials have described the futuristic technology — which […]