Volvo Cars is the newest car manufacturer that decided to join the Responsible Sourcing Blockchain Network (RSBN) – a cross-industry collaboration for responsible sourcing of minerals, with the focus on strengthening human rights and environmental protection in mineral supply chains.As per the report sent to CoinSpeaker the consortium is pioneering the use of IBM’s blockchain technology for accountability and compliance in the mining and production of minerals from the mine to the...
Read More »Big 3 Ruling Cloud Infrastructure Market with Almost $22B Earnings This Quarter
The famous Big 3 – Amazon, Microsoft and Google – went crazy in this earning season with their revenues made through cloud infrastructure reaching almost $22 billion. The rulers of the cloud infrastructure market have driven major societal change via their dominance and role in online activities, unlike other tech giants as is for example IBM. They are ruling the online market through anti-competitive practices, constant-rising financial power, and intellectual property law.Be it as it may,...
Read More »Microsoft Wins the Pentagon $10 billion JEDI Contract in Battle with Amazon
Recently, on Friday, the U.S. Department of Defense (DOD) made it clear that they had chosen Microsoft over Amazon in their $10 billion cloud computing contract, also known as JEDI. With this contract, the Department of Defense will move its database to the cloud. However, this has left Amazon Web Services wondering as they were considered as leaders in the field, and the most likely winner of this contract.“We’re surprised about this conclusion. AWS is the clear leader in cloud computing,...
Read More »It’s Time for Investors to Get Picky as Jefferies Upgraded Microsoft Stock
The stocks of Microsoft Corp. rose 0.033% on Tuesday after Jefferies analyst Brent Thill said the next phrase:“It’s time for software investors to get picky.”Thill picked up the company’s coverage of the software sector at the beginning of the week with a swirl of rating and price target changes “to be more defensive in light of valuation and macroeconomic concerns.”In his research note, Thill says he remains positive on the software industry in general. But he highlights that there has to be...
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