Tag: cloud

Tech Giants’ Revenue Face More Heat as Cloud Cover Fades

Big Tech results reinforced concerns a boom in cloud services is easing, limiting a lucrative source of profit when a slowing economy has hit the companies' other businesses and prompting…

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Microsoft Cloud Platform Downtime Affects Users around the world

Microsoft on Wednesday was hit with a networking outage that took down its cloud platform Azure along with services such as Teams and Outlook, potentially affecting millions of users globally.…

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Cloud Service Providers Microsoft, Amazon Results to Highlight Unstiffening Cloud Business

Slower cloud spending by inflation-hit businesses is expected to stall the sales momentum at Amazon.com Inc and Microsoft Corp and add to the troubles of the sector that laid off thousands this…

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Microsoft set to increase investment OpenAI as tech race heats up

Microsoft Corp on Monday announced a further multibillion dollar investment in OpenAI, deepening ties with the startup behind the chatbot sensation ChatGPT and setting the stage for more competition with rival…

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