Verizon sells its private cloud and managed hosting businesses to IBM

 Only a few days after announcing that it was selling 29 of its data centers to Equinix, Verizon today announced that it is selling its cloud and managed hosting business to IBM. The acquisition is expected to close later this year. This move pretty much puts an end to Verizon’s loftier ambitions in the cloud — an area it started pursuing in earnest back in 2011 when it acquired… Read More Continue reading Verizon sells its private cloud and managed hosting businesses to IBM

Docker gets a new CEO

 There is change in the air for Docker, the company that helped make software containers popular among developers. But Docker is under pressure from the growing ecosystem of Kubernetes-based services and other startups. So maybe it doesn’t come as a surprise that Docker CEO Ben Golub is stepping down. Golub will be replaced by Steve Singh, who is joining Docker from SAP. Read More Continue reading Docker gets a new CEO

Bitfusion raises $5M for its AI lifecycle management platform

 When Bitfusion launched in 2015, its focus was on helping developers speed up their applications by giving them pre-compiled libraries that made better use of GPUs, FPGAs and other co-processing technologies. That was then. Today, the hottest market for these technologies is in training deep learning models. Unsurprisingly, that’s exactly what Bitfusion is focusing now. Read More Continue reading Bitfusion raises $5M for its AI lifecycle management platform

Microsoft meets expectations with $23.6B in revenue, Azure revenue up 93%

 Microsoft just reported earnings for the last quarter. The company reported non-GAAP revenue of $23.6 billion and non-GAAP earnings per share of $0.73. Wall Street’s cadre of crack analysts expected the company’s earnings per share to come in at around $0.70, with revenue hitting about $23.6 billion. In the year-ago quarter, Microsoft reported earnings per share of $0.62. Wall… Read More Continue reading Microsoft meets expectations with $23.6B in revenue, Azure revenue up 93%

Marketing tech company Zeta Global raises $140M at a $1.3B valuation

 Zeta Global, the marketing tech company that has recently acquired the likes of eBay’s enterprise arm and Acxiom Impact, is preparing for another round of acquisitions and investments in its technology. To do so, the company today announced that it has raised a $140 million Series F round. Read More Continue reading Marketing tech company Zeta Global raises $140M at a $1.3B valuation

Microsoft launches new IoT services for the enterprise

 Microsoft is launching IoT Central today, a new Internet of Things (IoT) service that gives enterprises a fully managed solution for setting up their IoT deployments without needing the in-house expertise necessary for deploying a cloud-based IoT solution from scratch. It’s basically IoT-as-a-Service. In addition, the company is also bringing its Azure Stream Analytics to edge… Read More Continue reading Microsoft launches new IoT services for the enterprise

Microsoft wants to bring data and machine intelligence closer together

 For Microsoft, the last year or so has been all about infusing its various products with “intelligence.” Those smarts may come in the form of advanced analytics or deep learning, but the main point here is that the company believes these techniques can solve major pain points for its customers, whether they are PowerPoint users or SQL Server admins. Read More Continue reading Microsoft wants to bring data and machine intelligence closer together

Mirantis launches its new OpenStack and Kubernetes cloud platform

 Mirantis, one of the earliest players in the OpenStack ecosystem, today announced that it will end-of-life Mirantis OpenStack support in September 2019. The Mirantis Cloud Platform, which combines OpenStack with the Kubernetes container platform … Continue reading Mirantis launches its new OpenStack and Kubernetes cloud platform

Microsoft launches updates to PowerApps and Flow

 Microsoft’s business-centric IFTTT competitor Flow and its ‘low-code’ PowerApps platform are both getting major updates today. While these are obviously different services that solve different issues, both aim to help non-developers make better use of their existing data and services without having to write their own code. While Flow, at its core, uses the… Read More Continue reading Microsoft launches updates to PowerApps and Flow

Microsoft launches new tools to help enterprises move to its Azure cloud

 Since the dawn of Azure, Microsoft has talked about how enterprises can benefit from a hybrid cloud approach — that is, using the public cloud while still running some of their applications in their own data centers. Even today, Microsoft says that 80 percent of the companies it talks to still want to use a hybrid cloud approach and to help them move to its cloud services, the company… Read More Continue reading Microsoft launches new tools to help enterprises move to its Azure cloud