Tag Archives: contracts

Google Cloud Gets DOD’s Blessing. But Will It Win Contracts?

Google Cloud Gets DOD’s Blessing. But Will It Win Contracts?

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Google goes all in vs. Microsoft over lucrative federal contracts

Google goes all in vs. Microsoft over lucrative federal contracts

Illustration: Shoshana Gordon/Axios Google is squaring off again against familiar competitors like Microsoft and Amazon — but this time it’s for lucrative contracts with the federal government. Why it matters: Google sees an opening to chip away at Microsoft’s dominance in federal government contracting, to keep making more money off its Cloud service and to nip at the heels of its other main competitor, Amazon Web Services. Google is already battling Microsoft on a number of fronts over… Source link

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Google and Amazon Workers Protest Military Cloud Contracts

Google and Amazon Workers Protest Military Cloud Contracts

Chandravongsri’s parents were born in Laos, where he still has extended family. He has seen first-hand how CIA-led bombing campaigns during the 1960s and 1970s left a deadly legacy of unexploded ordnance that still threatens lives today, a problem seen in many war zones, including Gaza. He says reading the AI capabilities included in Project Nimbus “really scared me.” Chandravongsri is far from the only worker in Google’s vast, international workforce whose background provides a… Source link

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Palantir cuts revenue forecast, says govt contracts timing ‘uncertain’

Palantir cuts revenue forecast, says govt contracts timing ‘uncertain’

By Chavi Mehta (Reuters) -Palantir Technologies Inc lowered its annual revenue forecast to below market estimates after the data analytics software company reported a surprise quarterly loss on Monday, sending its shares down 15%. The company had to temper its revenue forecast as the timing of some government contracts remained uncertain, Chief Executive Alexander Karp said, calling the uncertainty “frustrating.” The large size of the government awards and the long-drawn procurement procedure… Source link

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Shopify Tumbles on a Report of It Terminating Fulfillment Contracts

Shopify Tumbles on a Report of It Terminating Fulfillment Contracts

(Bloomberg) — Shopify Inc. plunged by the most since March 2020 after a report that the Canadian e-commerce company terminated contracts with several warehouse and fulfillment partners. Most Read from Bloomberg Its U.S.-traded shares closed down 14% on Friday to the lowest level since September 2020 on high trading volume after the business publication Insider said Shopify was expected to have about half of its previous capacity for e-commerce orders for merchants, once changes are… Source link

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Google executives tell employees it can compete for Pentagon contracts without violating its principles.

Google executives tell employees it can compete for Pentagon contracts without violating its principles.

Google executives told employees last week in a companywide meeting that it is interested in a Pentagon contract for cloud computing and that working for the military would not necessarily conflict with principles created by the company for how its artificial intelligence technology would be used. Google is pursuing the contract three years after an employee revolt forced the company to abandon work on a Pentagon program that used artificial intelligence and to establish new guidelines… Source link

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First Bitcoin ETF Is Already in Danger of Breaching a Limit on Futures Contracts

First Bitcoin ETF Is Already in Danger of Breaching a Limit on Futures Contracts

(Bloomberg) — Just days after launch, the first U.S. Bitcoin futures exchange-traded fund risks becoming too popular for its own good. Most Read from Bloomberg The Proshares Bitcoin Strategy ETF (ticker BITO) is already on track to breach a limit on the number of futures contracts it is permitted to hold by the Chicago Mercantile Exchange, according to data compiled by Bloomberg. After two days trading BITO owns nearly 1,900 contracts for October, and CME rules cap the number of front-month… Source link

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Amazon And Microsoft Scored $50 Million In Pentagon Surveillance Contracts After Google Quit

Amazon And Microsoft Scored  Million In Pentagon Surveillance Contracts After Google Quit

Amazon and Microsoft have taken on much of the same work Google was scheduled to do for the DOD in providing analysis tools for aerial footage, contract records show. (Photo by Ethan Miller/Getty Images) Getty Images After Google decided to quit working on Project Maven in 2018 thanks to staff protests, rivals Amazon and Microsoft quietly took on Department of Defense contracts worth $50 million to help the military identify objects from drone and other aerial footage,… Source link

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Head of Google legal ops and CLOC leaves for digital contracts startup

Head of Google legal ops and CLOC leaves for digital contracts startup

Mary Shen O’Carroll, a creator and leader of the legal operations team at Alphabet Inc’s Google who also served as president of the Corporate Legal Operations Consortium, said Thursday that she is leaving both roles and joining contract management platform Ironclad as its chief community officer. Mike Haven, head of legal operations and associate general counsel for Intel Corp, will succeed her as president of CLOC, an industry group that now has thousands of members. CLOC only allows… Source link

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