Tag: Cloud

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Alibaba is making its cloud OS compatible with multiple chip architectures

Alibaba’s cloud computing unit is making its Apsara operating system compatible with processors based on Arm, x86, RISC-V, among other architectures, the company announced at a conference on Friday. Alibaba Cloud is one of the fastest-growing businesses for the Chinese e-commerce giant and the world’s fourth-largest public cloud service in the second half of 2020, according…
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29 May 2021 0

Construction tech upstart Assignar adds a Fifth Wall with $20M Series B

Construction technology may not be the sexiest of industries, but it is one where tremendous opportunity lies — considering it has historically lagged in productivity. And, lags in productivity means project delays, which typically costs everyone involved more time and more money. There are a number of larger players in the space (think Procore, PlanGrid…
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19 May 2021 0

Styra, the startup behind Open Policy Agent, nabs $40M to expand its cloud-native authorization tools

As cloud-native apps continue to become increasingly central to how organizations operate, a startup founded by the creators of a popular open-source tool to manage authorization for cloud-native application environments is announcing some funding to expand its efforts at commercializing the opportunity. Styra, the startup behind Open Policy Agent, has picked up $40 million in…
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18 May 2021 0

Activist investor Starboard Value makes official bid for Box board seats in letter

Last week activist investor Starboard delivered a public letter rebuking the company for what it perceives as under performance. Today the firm, which owns 8% of Box stock, making it the company’s largest stock holder, took it a step further with an official slate of four candidates it will be putting up at the next…
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10 May 2021 0

Solving the security challenges of public cloud

Nick Lippis Contributor Nick Lippis is an authority on advanced IP networks and their benefits to business objectives. He is the co-founder and co-chair of ONUG, which sponsors biannual meetings of nearly 1,000 IT business leaders of large enterprises. Experts believe the data-lake market will hit a massive $31.5 billion in the next six years,…
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24 April 2021 0

Google’s Anthos multicloud platform gets improved logging, Windows container support and more

Google today announced a sizable update to its Anthos multicloud platform that lets you build, deploy and manage containerized applications anywhere, including on Amazon’s AWS and (in preview) on Microsoft Azure. Version 1.7 includes new features like improved metrics and logging for Anthos on AWS, a new Connect gateway to interact with any cluster right…
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22 April 2021 0

As UiPath closes above its final private valuation, CFO Ashim Gupta discusses his company’s path to market

After an upward revision, UiPath priced its IPO last night at $56 per share, a few dollars above its raised target range. The above-range price meant that the unicorn put more capital into its books through its public offering. For a company in a market as competitive as robotic process automation (RPA), the funds are…
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21 April 2021 0

IBM breaks latest revenue losing streak as cloud revenue shows modest growth

For IBM, much of the last 8 years simply posting positive revenue growth was a challenge. In fact, the company had a period between 2013 and 2018 when it experienced an astonishing 22 straight quarters of negative revenue growth. So when Big Blue reported yesterday that revenue was up slightly, I’m sure the company took…
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20 April 2021 0

Once VMware is free from Dell, who might fancy buying it?

TechCrunch has spilled much digital ink tracking the fate of VMware since it was brought to Dell’s orbit thanks to the latter company’s epic purchase of EMC in 2016 for $58 billion. That transaction saddled the well-known Texas tech company with heavy debts. Because the deal left VMware a public company, albeit one controlled by…
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18 April 2021 0

Should Dell have pursued a more aggressive debt-reduction move with VMware?

When Dell announced it was spinning out VMware yesterday, the move itself wasn’t surprising: there had been public speculation for some time. But Dell could have gone a number of ways in this deal, despite its choice to spin VMware out as a separate company with a constituent dividend instead of an outright sale. The…
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15 April 2021 0