Amazon’s computing unit AWS is in talks with Italy to invest billions of euros in the expansion of its data center business in the country as part of the tech giant’s effort to boost its cloud offer in Europe, four people familiar with the matter said. Cesc Maymo | Getty Images News | Getty Images … Read more
Signage at the Alibaba Group Holding Ltd. headquarters in Hangzhou, China, on Friday, Aug. 2, 2024. Qilai Shen | Bloomberg | Getty Images Alibaba missed top and bottom line expectations for the June quarter of 2024 as it continues to face headwinds in its core e-commerce business amid rising competition and a cautious Chinese consumer. … Read more
Amazon reported a significant increase in quarterly profits for the period of April-June, surpassing analyst expectations. The company earned $13.5 billion, up from $6.7 billion a year earlier. However, Amazon’s revenue forecast for the next quarter fell short of predictions, leading to a decline in its stock price during after-hours trading. Amazon projected sales between … Read more
This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. Traders work on the floor of the New York Stock Exchange during afternoon trading on April 09, … Read more
Traders work on the floor of the New York Stock Exchange (NYSE) on the first trading day of 2024 on Jan. 2, 2024 in New York City. Spencer Platt | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they … Read more
The exterior view of the Microsoft Times Square building in New York City on Jan. 29, 2023. Kena Betancur | Corbis News | Getty Images Microsoft’s cloud services have been restored after suffering an outage, the company said on Friday. The U.S. tech giant said late on Thursday that customers in the Central U.S. region … Read more
That appears to still include the IDF. WIRED identified several Israeli government statements and documents published since 2022 that confirm the IDF’s continued involvement with Project Nimbus, although they do not provide details of the tools and capabilities it uses. For instance, a government document published on June 15, 2022, that outlines the scope of … Read more
Traders work on the floor of the New York Stock Exchange during afternoon trading in New York City. Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. … Read more
Amazon appeared to have significantly heightened security for its New York Amazon Web Services Summit on Wednesday, two weeks after a number of activists disrupted the Washington, DC, AWS Summit in protest against Project Nimbus, Amazon and Google’s $1.2 billion cloud computing contract with the Israeli government. The clampdown in New York quelled several activists’ … Read more
That concentration of power is uncomfortable for European governments. It makes European companies downstream customers of the future, importing the latest services and technology in exchange for money and data sent westward across the Atlantic. And these concerns have taken on a new urgency—partly because some in Brussels perceive a growing gap in values and … Read more
