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Microsoft Cloud revenue rises on AI boom but softer outlook weighs on shares
Warnings of slowing Azure growth and rising data centre costs damp initial optimism on tech giant’s quarterly earningsBusiness - Financial Times - October 31 -
Microsoft Shares Slip as Forecast Sparks Concern About AI and Cloud Revenue
The company’s projection points to less growth than anticipated, causing concern about the payoff for its massive AI investment.Business - The Wall Street Journal - October 31 -
AI demand drives growth and higher spending at Amazon’s cloud business
Ecommerce company’s shares rise as it also gives an upbeat forecast for the holiday quarterBusiness - Financial Times - October 31 -
Google's cloud outpaces rivals in third quarter as AI battle heats up
One takeaway from tech earnings reports this week is that Google's cloud business is gaining momentum.Business - CNBC - 6 days ago -
Generative AI startups get 40% of all VC investment in cloud amid ChatGPT buzz
Venture capital firm Accel says that funding for cloud startups is set to rise 27% in 2024 thanks to a boost from AI — the first year of growth in three years.Business - CNBC - October 16 -
Peter Thiel’s Founders Fund leads $500mn fundraising for AI cloud group Crusoe
Deal values infrastructure start-up at $3bn as it benefits from spending surge on generative AIBusiness - Financial Times - October 29 -
Apple looks strong on AI; Amazon rules the cloud. Earnings will show how much.
Expect positive surprises from these two “Magnificent Seven” standouts.Business - MarketWatch - October 31 -
Astronomers Find Evidence of an Exomoon Spewing a Volcanic Cloud
Astronomers have yet to confirm the existence of exomoons, but a molecular signal around a far away star offers some of the best evidence yet.Science - The New York Times - October 15 -
LVMH Results Cast Cloud on Luxury Stocks
European luxury stocks fell after third-quarter results from industry bellwether LVMH dashed hopes that a sector recovery is under way and renewed concerns over the Chinese market.Business - The Wall Street Journal - October 16 -
Google’s strong earnings boosted by cloud computing gains
Parent company Alphabet’s shares rise 6% as results show lift from AI demandBusiness - Financial Times - October 30 -
Google's Cloud Business Powers Accelerating Revenue Growth
Google reported a 15% jump in year-over-year revenue driven by strong results in its cloud-computing division, boosting the company’s fortunes during a costly push into artificial intelligence.Business - The Wall Street Journal - October 29 -
Amazon shares pop on earnings beat, cloud growth
The company's cloud and advertising units showed strong growth.Business - CNBC - October 31 -
The Future of AI Is AI Building AI for AI
What if the future is even more dystopian than they’re letting on?Business - Inc. - October 13 -
Xbox Cloud Gaming Is Planning For Direct-To-Cloud Controllers And Higher-Quality Streams - Report
Microsoft launched Xbox Cloud Gaming in 2020 with great fanfare, but the company's stated goal to push cloud gaming even further has run into some technological setbacks as well as ongoing ...Tech - GameSpot - October 18 -
CoD: Black Ops 6, MW3, And Warzone Coming To Xbox Cloud Gaming
Microsoft has announced that Call of Duty: Black Ops 6 will be available on Xbox Cloud Gaming for Game Pass Ultimate members at launch. Call of Duty: Warzone and Modern Warfare 3 will also ...Tech - GameSpot - October 15 -
Startup Make Sunsets Wants to Fight Global Warming by Making Aerosol Clouds
Scientific critics are skeptical, but venture funders steered $1.5 million to a California company creating high-altitude particle clouds to slow global warming. Call it a moonshot for the Earth.Business - Inc. - October 15 -
Hurricane victims push for donations as right-wing falsehoods cloud recovery efforts
Residents are launching GoFundMe to finance repairs but worry that scams and falsehoods, including right-wing disinformation, will hamper their appeals for help.Top stories - NBC News - October 17 -
Rising food inflation clouds the good news on headline rates
Let them eat CPIWorld - Financial Times - October 18 -
The human factor: How companies can prevent cloud disasters
Let's explore human engineering techniques that have worked at scale across the most successful tech companies in history.Tech - VentureBeat - October 19 -
License to compete: Regulators must step in to even the cloud playing field
Regulators need to press for a better and fuller solution to the cloud competition challenge right now. The longer the delay, the more entrenched the monopolistic behaviors become and the harder ...Politics - The Hill - October 20 -
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Clippers' fresh start clouded by old struggles in Intuit Dome debut
L.A.'s other team debuted their state-of-the-art Intuit Dome with a valiant effort led by James Harden, but old challenges and uncertainties still loom over their new chapter.Sports - Yahoo Sports - October 24 -
Sequence launches on Google Cloud Marketplace for Web3 gaming tech
Sequence, the all-in-one platform for building Web3 games, has partnered with Google Cloud Marketplace to widen its reach to game developers.Tech - VentureBeat - October 24 -
Indonesia’s Marapi volcano erupts, spewing ash and hot clouds
One of Indonesia’s most active volcanoes has erupted, spewing thick columns of ash at least three times and blanketing villages with debris, but no casualties were reportedWorld - ABC News - October 27 -
What to know about the new way Microsoft will report cloud numbers Wednesday
Some on Wall Street are upbeat about the move. Others are not.Business - CNBC - October 29 -
Alphabet shares rise on earnings beats boosted by cloud revenue
Google parent Alphabet reported third-quarter earnings that beat on top and bottom lines.Business - CNBC - October 30 -
‘Cloud-milking’: the zero-energy technique keeping young trees alive
The project that began in the Canary Islands mimics the way leaves capture water droplets from fog in order to produce water. They call it cloud milking, a zero-energy technique to extract water ...World - The Guardian - October 31 -
Amazon's cloud unit records highest profit margin in at least a decade
Amazon Web Services delivered an operating margin of over 38%, the highest since at least 2014.Business - CNBC - October 31 -
Amazon beats Wall Street expectations with strong cloud business growth
Shares rise as company reports quarterly revenue of $158.9bn – more than analysts had forecast. Amazon became the latest of the “magnificent seven” tech giants to report quarterly earnings on ...World - The Guardian - October 31 -
Amazon crushed it in e-commerce and cloud, forecast an impressive holiday quarter
We're reiterating our 1 rating and raising our price target to $240 price target from $220.Business - CNBC - November 1 -
Amazon’s cloud growth takes a backseat as this retail reality shines through
Often cloud growth drives Amazon’s stock movements after earnings, but this time analysts are keying in on overall profit as well as retail momentum for nondiscretionary purchases.Business - MarketWatch - November 1 -
Silicon Valley super-spenders leave too much in the cloud
Amazon, like its peers, is fuzzy on its investment plans, and the potential paybackBusiness - Financial Times - November 1 -
Election security updates: CISA says election saw only 'minor' disruptive activities
Follow the latest election-related security issues and legal challenges.Top stories - ABC News - 2 days ago -
Nvidia launches GeForce Now Performance membership for cloud games
Nvidia has launched its GeForce Now Performance membership for cloud gaming players who want high-end gaming experiences. Formerly known as GeForce Now Priority, this membership is getting ...Tech - VentureBeat - Yesterday -
Job Seekers Are Using AI to Fight AI
Job-seeking AI might help humans win the battle, but it may cost us the war.Business - Inc. - October 18