China forces large overhaul in company behind Alipay
The Central Bank of China has ordered the Ant Group to make substantial changes to its policy. The company, which manages the Alipay payment platform, is said to violate financial regulations.
Regulatory authorities require Ant to change its business practices to stop breaking the rules, Reuters... Read more
Alibaba now in 4th place ahead of IBM in cloud infrastructure
Alibaba made its foray into the cloud infrastructure market in 2015, with ambitions to become one of the biggest. Now, the company announced that it had quarterly revenue of $2.194 billion. That number shows it has surpassed IBM, which had about $1.65 billion in revenue.
$2 billion is a large fi... Read more
Alibaba unveils its Cloud 2.0 iteration and its first cloud computer
Alibaba unveiled the next version of its cloud computing platform. Jeff Zhang, the CTO of Alibaba Group, introduced the 2.0 version and said that they aim to make cloud technology available to all who need it.
Zhang's exciting comments about the Alibaba Cloud 2.0 also promised that operations w... Read more
Trump considers banning more Chinese technology
The U.S. president, Donald Trump, already banned Huawei and TikTokand is now looking at restrictions or bans for other Chinese companies. Trump acknowledged this during a press conference.
TikTok has been given 90 days by Trump to divest the American branch before a complete ban on the app can b... Read more
Alibaba Cloud expands in Europe via Equinix data centres
Alibaba Cloud will further expand the reach of its public cloud environment through Equinix's data centers. With this partnership Alibaba gets better coverage in in Europe. Both parties recently signed a partnership agreement for this purpose.
As part of the partnership, the public cloud environ... Read more
Alibaba Cloud will invest heavily in its own infrastructure
Alibaba Cloud is going to invest heavily in its own cloud infrastructure and basic technology. This in order to meet the growing demand for its services from customers in the coming years.
According to the public cloud provider, an amount of RMB 200 billion or approximately 26 billion euros will... Read more
Commvault expands possibilities for various public clouds
Business backup specialist Commvault Systems has released a new release of its cloud-based data protection platform. In the latest edition a lot of functionality has been added for, among others, AWS, Microsoft Azure, Alibaba Cloud, ServiceNow and Oracle.
Specifically, the now added cloud and on... Read more
Alibaba Cloud makes AI technology free of charge to fight Coronavirus
Public cloud platform Alibaba Cloud provides medical staff and researchers with various AI tools, free of charge, in the fight against the COVID-19 virus. The tools should help provide faster diagnostics and more data-based insights.
According to the public cloud provider, this is a trial versio... Read more
Cloud infrastructure market was worth 32 billion dollars in 2018
The global market for Infrastructure-as-a-Service (IaaS) grew by 31.3 percent to 32.4 billion dollars in 2018. In 2017, the market was still worth 24.7 billion dollars.
The market was again led by Amazon, according to figures from Gartner. Amazon's revenue growth was 26.8 percent compared to 2017. ... Read more
Rackspace makes Service Blocks subscriptions available
Rackspace has made its Service Blocks subscription packages available in the EMEA region. The service was launched last year in the United States.
With Service Blocks it is possible to set up your own stack service, writes The Register. Users can choose from a combination of public cloud services of... Read more