Tag Archives: cloud

Amazon is a shopping site. Google is all about search. Microsoft makes Windows. That’s what a lot of people think of when they consider three of the biggest tech companies around. But increasingly, the labels are out of date as the three companies turn more toward a far more profitable line of business: cloud computing. The elevation Tuesday of Andy Jassy as Amazon’s future CEO was the latest evidence that the forecast for Big Tech is increasingly cloudy. Jassy spent the last two decades… Source link

Google Cloud posted an operating loss of $1.2 billion in the final quarter of 2020, 4% worse than a year earlier, the tech giant reported Tuesday. The unit lost $5.6 billion for the full year, an increase of nearly 21%. The company’s overall business is doing just fine, however, with a net profit of $15.2 billion — up 43% from the same period last year — on revenues of nearly $57 billion, up 23% and higher than analyst estimates. Google (GOOGL) stock jumped more than 6% in after-hours… Source link

TipRanks 3 ‘Strong Buy’ Stocks With 8% Dividend Yield Let’s talk portfolio defense. After last week’s social flash mob market manipulation, that’s a topic that should not be ignored. Now, this is not to say that the markets are collapsing. After 2% losses to close out last week’s Friday session, this week’s trading kicked off with a positive tone, as the S&P 500 rose 1.5% and the Nasdaq climbed 2.5%. The underlying bullish factors – a more stable political scene, steadily… Source link

Ford F recently entered into a six-year partnership with Alphabet GOOGL owned Google, that will make the tech giant responsible for reinventing the connected vehicle experience aimed at accelerating the automaker’s current $11-billion restructuring plan. Highlights of the Partnership The alliance, effective 2023, will revolutionize virtually every element of the automotive business, from the way vehicles are designed, engineered and assembled to the way customers shop and then experience… Source link

TipRanks 3 ‘Strong Buy’ Stocks With 8% Dividend Yield Let’s talk portfolio defense. After last week’s social flash mob market manipulation, that’s a topic that should not be ignored. Now, this is not to say that the markets are collapsing. After 2% losses to close out last week’s Friday session, this week’s trading kicked off with a positive tone, as the S&P 500 rose 1.5% and the Nasdaq climbed 2.5%. The underlying bullish factors – a more stable political scene, steadily… Source link

Google Cloud is the latest company to put its tech muscle behind efforts to vaccinate millions of Americans against the COVID-19 virus. The company launched artificial intelligence and machine learning tools Monday to help organizations forecast and model COVID-19 cases to better inform vaccine allocation. The cloud-based tools also are designed to assist with vaccine distribution, appointment scheduling, eligibility screening and communications. The technology, called the Intelligent… Source link

TipRanks 3 ‘Strong Buy’ Stocks With 8% Dividend Yield Let’s talk portfolio defense. After last week’s social flash mob market manipulation, that’s a topic that should not be ignored. Now, this is not to say that the markets are collapsing. After 2% losses to close out last week’s Friday session, this week’s trading kicked off with a positive tone, as the S&P 500 rose 1.5% and the Nasdaq climbed 2%. The underlying bullish factors – a more stable political scene, steadily… Source link

Alphabet has been reporting Google Cloud revenue for a year now. Photo: David Paul Morris/Bloomberg News … Source link

Bloomberg NYC Apartment Landlords Getting Burned in Gentrification Crash (Bloomberg) — New York’s apartment investors are suddenly waist-deep in distress.By December, they were behind on $395 million of debt backed by mortgage bonds, almost 150 times the level a year earlier, according to Trepp data on commercial mortgage-backed securities. Tenants in rent-stabilized units owe at least $1 billion in rent and wealthier ones are fleeing the city, leaving behind vacancies and pushing… Source link

Google Cloud Tuesday unveiled BeyondCorp Enterprise, its new zero trust identity and security platform with agentless support delivered through Google’s Chrome browser that’s used by more than 2 billion users globally. Now generally available, BeyondCorp Enterprise is designed to provide continuous and real-time end-to-end protection, scalable DDoS protection and built-in, verifiable platform security. It includes embedded data and threat protection built into Chrome—which has… Source link