Tag Archives: Cloud Computing

Chinese tech giant Alibaba will cut the prices of its cloud services by up to 50% starting today as it hopes to grow the sector. Alibaba Group (NYSE: BABA) recently announced cutting its cloud prices by 50% to spur business growth. The Chinese tech giant seeks to carve out a bigger share of its local cloud market amid increasing competition. By drastically reducing the prices of cloud-based products and services, Alibaba hopes to better compete with the likes of Tencent. Reports state the...

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While Google Cloud is buying Cornerstone Technology and expanding profits, the eyes of investors are aimed at the Alphabet (GOOGL) stock price and tech giant’s financial reports.Google Cloud buys Cornerstone Technology company to boost the development of cloud computing, AI and similar tech. CEO Google Cloud Thomas Kurian is very happy with the announcement, as Microsoft Corporation (NASDAQ: MSFT) and Amazon.com Inc. (NASDAQ: AMZN) kept their upholstered offers ready. Now, Alphabet Inc....

Walmart revealed it spent $11.8 billion the last year on dividends. Amazon doesn’t have such a strategy but AMZN stock price is growing.Amazon (AMZN) stock is in green these days while Walmart (WMT) stock is falling. Do these events have any relation to the companies’ performance and approaches? Let’s have a look at how both companies are doing.John Furner, President and CEO of Walmart US, said recently that the role of corporations has changed. By saying that, Furner was thinking of making...

Google Cloud has become a new partner of Hedera Hashgraph. Now they will cooperate to give a significant bump to the Distributed Ledger Technology (DLT).As it is known from the recent reports, Hedera Hashgraph is actively working on Distributed Ledger to boost the finance industry.  Now it has chosen Google Cloud as its new reliable partner to move forward in this direction. The digital economy evolves as the developers from DLT camp present new challenges and answers to the public. DLT is...