Softbank founder and CEO Masayoshi Son invested $20 million in Alibaba in 2000 After posting a $23 billion quarterly net loss on Monday, SoftBank announced plans to reduce
Infrastructure as a Service grew 41% in 2021 to $90 billion – Gartner
With Amazon leading, five hyperscalers dominate 80% of the IaaS market Gartner Inc.’s latest poll of the public cloud Infrastructure as a Service (IaaS) market shows the segment grew 41.4%
Alibaba misses estimates but beats EPS on tough headwinds
Alibaba’s quarterly cloud division revenue is up 20% year over year, sequentially down by 33% Chinese hyperscaler Alibaba Group Holding on Thursday reported third-quarter revenue of
China Broadcasting Network gets funding injection for 5G rollout
China Broadcasting Network Corp (CBN), a cable TV operator and a new entrant in China’s telecom sector, has received investments of more than CNY100 billion
Alibaba operates 10 data centers in China and 11 more internationally In response to the ongoing COVID-19 pandemic, which has heightened demand for cloud computing services
China’s rapid rollout of 5G heightens cloud gaming competition
Chinese 5G cloud gaming is particularly tied to the mobile industry As part of the ongoing race towards 5G, China’s three state-owned wireless carriers – China
The new technology will use hardware from Intel and cloud computing capabilities provided by the Chinese firm Intel and Chinese tech giant Alibaba say they are
Tips for cloud migration
Transitioning to the cloud Companies are increasingly moving to the cloud as a way to run day-to-day business operations. Migrating to the cloud is easier said
Five cloud market leaders
A growing market The cloud computing market has become increasingly dense as vendors of all sizes compete for customers who have gravitated to the technology as
AWS launches new cloud region in China Amazon announced Monday it is expanding its cloud computing service Amazon Web Services (AWS) in China with a local