After an aborted attempt last year, Google is set to acquire cloud security platform Wiz. The tech giant announced Tuesday (March 18) it would pay $32 billion to purchase Wiz, which will join Google Cloud once the deal — said to be Google’s largest — becomes final. “This acquisition...
Whether you’re streaming a movie on Netflix, collaborating with co-workers on a project, or running an artificial intelligence (AI) model, most likely you’re using cloud computing. Cloud computing is how many businesses and individuals today store, process and manage data. But what exactly is cloud...
Microsoft reportedly still plans to earmark $80 billion for capital expenditures, despite reports suggesting otherwise. As CNBC reported Monday (Feb. 24), the tech giant says its spending plan is still on track, while adding that it “may strategically pace or adjust our infrastructure in some areas.” This came...
Global IT spending is expected to increase by 9% in 2025, driven by AI and cloud expenditures, according to a report from S&P Global Ratings. But a divided picture is also emerging: As major cloud providers — AWS, Microsoft Azure and Google Cloud — along...
February 14, 2025
Global IT spending is expected to increase by 9% in 2025, driven by AI and cloud expenditures, according to a report from S&P Global Ratings. But a divided picture is also emerging: As major cloud providers — AWS, Microsoft Azure and Google Cloud — along with Meta raise their AI investments to about $320 billion […]
February 06, 2025
Amazon continues its push into artificial intelligence (AI) and robotics, signaling a shift in its retail and technology business strategies. CEO Andy Jassy described AI Thursday (Feb. 6) as “the...
January 22, 2025
Technology plays a vital role in enabling innovation in banking and payments, i2c Global Head of Product Seth Perlman writes in a new PYMNTS eBook, “The Innovation Mindset: How to...
November 20, 2024
The fraudsters come in droves, inundating would-be victims across all manner of attack vectors, from phishing scams to bots. And in the process there’s a significant amount of information being...
March 18, 2025
After an aborted attempt last year, Google is set to acquire cloud security platform Wiz. The tech giant announced Tuesday (March 18) it would pay $32 billion to purchase Wiz, which will join Google Cloud once the deal — said to be Google’s largest — becomes final. “This acquisition represents an investment by Google Cloud to accelerate two large […]
February 24, 2025
Microsoft reportedly still plans to earmark $80 billion for capital expenditures, despite reports suggesting otherwise. As CNBC reported Monday (Feb. 24), the tech giant says its spending plan is still on track, while...
December 02, 2024
Amazon Web Services (AWS) says its data transfer terminal offering has gone online. The terminals, announced in a blog post on Sunday (Dec. 1), provide a physical location where users...
December 02, 2024
Dutch cloud computing company Nebius has reportedly raised $700 million from investors including Nvidia. The company, which rebranded from Russian internet company Yandex, has sold that business’s search engine and...