Tag: computing

Microsoft profit rises on shift to cloud computing

SAN FRANCISCO, United States (AFP) — Microsoft on Thursday reported that its quarterly profit climbed to $6.5 billion, lifted by its shift to computing services hosted in the internet cloud. The United States technology giant said revenue in the recently ended quarter rose to $23.3 billion, with $7.4 billion of that due to its “intelligent cloud” offerings. “Innovation across our cloud platforms drove strong results this quarter,” Microsoft chief executive Satya Nadella said in a […]

Samsung to buy US cloud computing startup

SEOUL, South Korea (AFP) — Samsung Electronics said Thursday it had agreed to buy US cloud computing company Joyent — the latest in a series of start-up acquisitions aimed at strengthening the South Korean giant’s software capacity. The purchase of the San Francisco-based firm would provide Samsung with its own cloud platform to support its main mobile business and connect with Samsung household appliances such as TVs, refrigerators and air conditioners, a company statement said. […]