Category Archives: alibaba

APAC cloud infrastructure revenue reaches $9B in Q2 with Amazon leading the way

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When you look at the Asia-Pacific (APAC) regional cloud infrastructure numbers, it would be easy to think that one of the Chinese cloud giants, particularly Alibaba, would be the leader in that geography, but new numbers from Synergy Research show Amazon leading across the region overall, which generated $9 billion in revenue in Q2. The […] Continue reading APAC cloud infrastructure revenue reaches $9B in Q2 with Amazon leading the way→

Chinese cloud infrastructure market generated $3.3B in Q42019

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Research firm Canalys reports that the Chinese cloud infrastructure market grew 66.9% to $3.3 billion in the last quarter of 2019, right before the COVID-19 virus hit the country. China is the second largest cloud infrastructure market in the world, with 10.8% share. The quarter puts the Chinese market on a $13.2 billion run rate. […] Continue reading Chinese cloud infrastructure market generated $3.3B in Q42019→

Sisense nabs $100m at a $1B+ valuation for accessible big data business analytics

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Sisense, an enterprise startup that that has built a business analytics business out of the premise of making big data as accessible as possible to users — whether it be through graphics on mobile or desktop apps, or spoken through Alexa — is announcing a big round of funding today and a large jump in […] Continue reading Sisense nabs $100m at a $1B+ valuation for accessible big data business analytics→

Databricks brings its Delta Lake project to the Linux Foundation

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Databricks, the big data analytics service founded by the original developers of Apache Spark, today announced that it is bringing its Delta Lake open-source project for building data lakes to the Linux Foundation and under an open governance model. The company announced the launch of Delta Lake earlier this year and even though it’s still […] Continue reading Databricks brings its Delta Lake project to the Linux Foundation→

600,000 GPS child trackers found vulnerable to location tracking

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By Sudais
Avast set out to study a variety of GPS tools found on the internet and how secure they are which can be found on Amazon, Alibaba, and eBay among others.
This is a post from HackRead.com Read the original post: 600,000 GPS child trackers foun… Continue reading 600,000 GPS child trackers found vulnerable to location tracking→

Alibaba cloud biz is on a run rate over $4B

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Alibaba announced its earnings today, and the Chinese ecommerce giant got a nice lift from its cloud business, which grew 66 percent to more than $1.1 billion, or a run rate surpassing $4 billion. It’s not exactly on par with Amazon, which reported cloud revenue of $8.381 billion last quarter, more than double Alibaba’s yearly run […] Continue reading Alibaba cloud biz is on a run rate over $4B→

Alibaba to help Salesforce localize and sell in China

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Salesforce, the 20-year-old leader in customer relationship management (CRM) tools, is making a foray into Asia by working with one of the country’s largest tech firms, Alibaba. Alibaba will be the exclusive provider of Salesforce to enterprise customers in mainland China, Hong Kong, Macau, and Taiwan, and Salesforce will become the exclusive enterprise CRM software […] Continue reading Alibaba to help Salesforce localize and sell in China→

Kabbage secures $200M to fuel its AI-based loans platform for small businesses

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Kabbage, the AI-based small business loans platform backed by Softbank and others, is adding more firepower to its lending machine: the Atlanta-based startup has secured an additional $200 million in the form of a revolving credit facility from an unnamed subsidiary of a large life insurance company, managed and administered by 20 Gates Management, and […] Continue reading Kabbage secures $200M to fuel its AI-based loans platform for small businesses→

Alibaba has acquired Teambition, a China-based Trello and Asana rival, in its enterprise push

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Alibaba has made an acquisition as it continues to square up to the opportunity in enterprise services in China and beyond, akin to what its US counterpart Amazon has done with AWS. TechCrunch has confirmed that the e-commerce and cloud services giant has acquired Teambition, a Microsoft- and Tencent-backed platform for coworkers to plan and collaborate […] Continue reading Alibaba has acquired Teambition, a China-based Trello and Asana rival, in its enterprise push→