US banking giant Morgan Stanley has agreed to pay $60 million to settle a lawsuit brought by customers who have alleged that the bank exposed their personal data when it failed – twice – to properly retire its legacy information technology…. Read More ›
data centers
Renewable energy to power Amazon.com Inc’s data centers
Late on Thursday, Japan’s Nikkei reported, Amazon.com Inc is negotiating to build a renewable power plant in Japan with Japanese power utilities and trading houses, in order to procure clean energy for its local data centers. The tech giant is… Read More ›
U.S. tech giants report phenomenal jump in quarterly earnings
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 ›