News

Year to Date Review of Cloud Based Stocks

As of November 1st 2013, there are several cloud based stocks that have surprised investors both positively and negatively. Based on data provided by Forbes, the best performing cloud stock year to date is NetSuite with a positive change of 46.63%. ...

IBM Acquires SoftLayer and Dumps SmartCloud Enterprise

Tech giant IBM has recently squired SoftLayer's cloud services and they plan on replacing their current cloud offering named “SmartCloud Enterprise” in efforts to mitigate some of the negative feedback they have received from customers. IBM's ...

RackSpace buys ZeroVM

RackSpace has announced that they have purchased the Israeli start-up ZeroVM. Terms of the deal have not been immediately released. ZeroVM is a solution for provisioning servers that will function in a cloud environment. The deal allows RackSpace to ...

Recent IT Survey Says Cloud Computing is Currently the Most Desirable IT Skill

Robert Half is a technology recruiting firm that syncs up contractors with IT managers. They recently surveyed 100 IT directors and Chief Information Officers from the United Kingdom in efforts to find out which IT skill is currently most desirable ...

Windows Azure Cloud Experiencing Issues Worldwide

On Wednesday, users of the Windows Azure Cloud were plagued with all sorts of issues such as users not being able to upload files onto their websites as well as being unable to perform management functions. According to a release from Microsoft, the ...

How Mobile Changed Cloud Storage

As one of the biggest waves of technology to ever hit the planet, mobile computing devices are changing many things. The divide between work and leisure is fading. Power is ever more in the hands of customers compared to manufacturers and service ...

IBM Gives Up Bid to Secure CIA Private Cloud project

There has been an ongoing legal battle between Amazon and IBM over a $600 million government contract to build out a private cloud infrastructure for the CIA. On October 30th, IBM effectively gave up this legal fight by withdrawing its complaint ...

Asurion Buys Soluto for $130 Million

Asurion is a mobile device insurer that has partnered with major phone carriers such as Sprint and Verizon in order to provide replacements for broken handsets. Many analysts are reporting that Asurion has recently acquired Soluto for $130 Million.  ...

B/E Aerospace Invests $4M in HR Cloud Project

In efforts to stay competitive on a global scale, B/E Aerospace has decided to invest $4 million in a cloud based human resources project powered by SuccessFactors. B/E Aerospace aims to reduce HR overhead and increase profitability by utilizing a ...

Ingram Micro Acquires Shipwire

Shipwire is based in Palo Alto and the company provides a cloud logistics and supply chain management platform for ecommerce retailors. Ingram Micro has acquired Shipwire for an undisclosed amount. Shipwire is the same cloud startup that received ...

IBM Improves Data Security With New Patent

IBM is continuing its cloud storage and computing stranglehold by announcing their development of a new and patented technique for safeguarding sensitive data before transmittance to the cloud. Currently, clients across the globe experience cloud ...

Calxeda Announces 2nd Generation Cloud Server

Calxeda had made a big announcement today concerning the release of their 2nd generation cloud server at the ARM TechCon trade show. Other than being referred to as codename “Midway,” this project has remained shrouded in mystery. Calxeda’s intent ...

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