According to a source with knowledge of the discussion, Alphabet Inc’s Google is in talks to acquire cybersecurity firm Mandiant for an undisclosed amount. With the news reaching the market, Mandiant’s shares rose by 16%. Mandiant has a market capitalization of around $4.53… Read More ›
Keith Block, the CEO of Salesforce.com Inc has stepped down from his office on Tuesday making Marc Benioff the sole CEO of the business software company. With the news reaching the market, shares of Salesforce fell by around 3% in… Read More ›
Volkswagen’s tie up with Amazon will help improve production at its factories. According to a report by Germany newspaper Sueddeutsche, the European Union’s biggest carmaker Volkswagen has struck a strategic partnership with Amazon.com Inc to create a kind of “industry… Read More ›
A Foxconn subsidiary, Foxconn Industrial Internet is its parent vehicle to raise sufficient funds to enable Foxconn to wean itself off from manufacturing devices for Apple Inc and instead align itself towards Made in China 2025 policy by entering into… Read More ›
In a paradigm shift, businesses are increasingly shifting from owning data centres to cloud computing, which is creating the basis for a new bull run. The combined revenues of Alphabet, Amazon and Microsoft have totaled to more than $100 billion… Read More ›
With demand exceeding supply, chipmakers are expected to report record profits this year. On Tuesday, Samsung Electronics Co Ltd disclosed it plans on investing at least $18.63 billion (21.4 trillion won) in South Korea in order to extend its lead… Read More ›
Although it is unclear whether Amazon will be able to reach its targeted ads target at its intended price, or whether this effort will generate it any profit, one has to keep in mind that the e-commerce giant has traditionally… Read More ›
With demand for memory chips outstripping supply, SK Hynix could significantly benefit if it wins its bid. As per a source familiar with the matter at hand, South Korea’s SK Hynix Inc, is vying for a stake in Toshiba Corp’s… Read More ›
The demand for video and data is pushing the growth of cloud services and data centres. Intel’s and Microsoft’s quarterly results have risen thanks to these demands. Sources familiar with the matter at hand have stated, Digital Bridge Holdings LLC,… Read More ›
With the software market moving away from its traditional business model and onto cloud computing and mobile applications, Microsoft under Satya Nadella is reporting strong steady growth, but has miles to go before it can catch up with Amazon’s Web… Read More ›
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