Cloud computing revenues passed $ 50 billion for the first time last quarter
The three major cloud infrastructure providers accumulate 64% profits from total cloud computing revenue of $53.5 billion.
In the fourth quarter of 2021, companies globally spent $53.5 billion on cloud infrastructure, surpassing the highest revenue milestone for the first time in history. The cl... Read more
EU tech rules should also apply to cloud computing providers
Draft EU rules aiming to curb the power of big tech companies like Amazon, Alphabet, Apple, and Facebook should also be applied to cloud computing services providers. The assertion comes from a study whose report coincides with the concerns of some EU lawmakers who are reviewing the Digital Markets... Read more
Cloud security startup Wiz reaches $6 billion, 18 months after launch
Cybersecurity startup Wiz announced on Monday that it reached the $6-billion valuation mark only 18 months after its launch, thanks to a new $250 million funding round led by Insight Partners and Greenoaks Capital.
The round comes six months after the startup’s previous raise. The Israeli star... Read more
OpenStack Xena is live: more integrations, less technical debt
Xena, the latest version of open source cloud infrastructure OpenStack, is available starting today.
The update consists of 15,000 tweaks, contributed by 680 developers contributed over the past six months. Improved integrations of OpenStack's applications, support for new hardware features and ... Read more
96% of third-party container apps have known vulnerabilities
Palo Alto Networks' Unit 42 published a new report outlining how the software supply chain has come to be seen as a threat to cloud security. The research unit conducted a red team exercise, with a large SaaS provider signed up with Palo Alto Networks.
Within three days, the team found critical ... Read more
Google invests $1.2 billion on cloud infrastructure in Germany
Google is investing $1.2 billion to expand its cloud infrastructure in Germany and is committed to using more renewable energy sources. Google is currently number three among the premier cloud providers in the world.
The CEO of Google Cloud, Thomas Kurian, is making it his mission to take the nu... Read more
European regulators approve CISPE Code of Conduct
The European Data Protection Board (EDPB), under which all European Data Protection Authorities (DPAs) fall, gave a favourable resolution on Thursday that said the CISPE Data Protection Code of Conduct complies with the General Data Protection Regulation (GDPR).
The CISPE Code was submitted by t... Read more
IBM Power Virtual servers now offer Red Hat’s OpenShift
On Tuesday, IBM unveiled a new series of Power Systems capabilities and open-source-based tools. The goal is to help companies deploy and manage hybrid cloud infrastructures. That is not all the company is releasing, though.
IBM also announced the availability of Red Hat’s OpenShift, on Big Bl... Read more
Google Cloud launches Apigee X to help enterprises scale up
On Wednesday, Google announced the launch of Apigee X, the new major release of the Apigee API management platform it bought in 2016. Amit Zavery, Google Cloud’s head of platform, said that if we look at current events, especially after the pandemic started in 2020, the volume of digital activiti... Read more
AWS unveils new tool for moving data from one data store to another
AWS has launched Glue Elastic Views, a new tool that developers can use to move data from one store to another. During the AWS re:Invent Keynote, the CEO, Andy Jassy, said that Glue Elastic Views is a service that programmers can use to move data in multiple data stores without any trouble.
The ... Read more