Online video production startup 90 Seconds will pursue its global expansion after securing $8 million in Series A led by Sequoia India. The startup will also broaden its network of creative freelancers in India as well as in other countries.
Deutsche Bank expressed its skepticism on the hype created around Apple’s shift to Google’s Cloud Platform from Amazon’s AWS. The bank believes that the move will not have a significant impact and that Apple is just trying to reduce its reliance on just one service.
Sources believe that Apple is trying to enhance its security for iCloud amid the legal dispute with the FBI. However, the tech giant will have its challenges to ensure security while retaining users convenience. Reports also said that the company has moved some of its iCloud services to Google servers.
Bosch is seeking to transform itself from equipment manufacturers to service providers. The company has launched its own cloud computing network and is determined to develop its Internet of Things technology and software to be better.
It was confirmed on Monday that Israeli company Ravello was acquired by Oracle for $500 million. Ravello joins Oracle's cloud business with high hopes to take on giant tech companies like IBM, Google, Microsoft, and Amazon.
Microsoft has revealed its quarterly earnings which have surpassed all forecasts and expectations. Its transition from PC platoform to cloud has been successsful as more and more companies are opting for this service. The leaders are quite confident about company growth and revealed their expectations from third-quarter which show some pretty optimistic numbers.
Amazon.com Inc is in a race against Google Inc to store data on human DNA, seeking both bragging rights in helping scientists make new medical discoveries and market share in a business that may be worth $1 billion a year by 2018.
Oracle Corp posted flat third-quarter revenue and slightly lower profit as the U.S. dollar strengthened, but the business software maker on Tuesday raised its quarterly dividend 25 percent to 15 cents a share.
BlackBerry Ltd said on Monday it plans to offer a cloud-based version of its device management platform BES12, a move that will make the service more accessible to small- and medium-sized businesses that need to secure devices on their own networks.
Tencent Holdings Ltd said on Friday it would collaborate with International Business Machines Corp (IBM) on a new cloud software business for corporate customers, a marked departure for one of the dominant forces in China's consumer Internet industry.
German business software maker SAP (SAPG.DE) said on Thursday it has agreed to acquire U.S.-based expense management software maker Concur Technologies Inc (CNQR.O) in an all-stock deal valued at $7.3 billion that expands its presence in internet-based software or so-called cloud computing.
IBM will be investing $1.2 billion to bolster its $2 billion purchase of SoftLayer Technologies last year, a business which it is betting on for growth, Bloomberg reported.
In preparation for its 2014 IPO, Box had appointed banks to manage the share sale and market debut.
Cloud web hosting and domain service provider Endurance International Group Holdings would undertake an IPO soon.
Jyoti Bansal, founder of AppDynamics, have built a company that helps firms manage their high volume data.
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