Google + Microsoft + Amazon = Cloud Burst - WSJ
"The old adage of spending money to make money seems particularly apt when looking at the fast-growing cloud-services business."
The Cloud Is Raining Cash on Amazon, Google, and Microsoft - Bloomberg Business
"Each company’s impressive earnings can be attributed to a shift in the industry that’s punishing a slew of legacy firms.
"The old adage of spending money to make money seems particularly apt when looking at the fast-growing cloud-services business."
The Cloud Is Raining Cash on Amazon, Google, and Microsoft - Bloomberg Business
"Each company’s impressive earnings can be attributed to a shift in the industry that’s punishing a slew of legacy firms.
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Amazon.com, Google, and Microsoft all topped profit estimates last quarter, highlighting the widening gulf between companies that deliver computing via server-laden warehouses and a generation of latecomers to the cloud boom. Together, the three companies added more than $90 billion in market cap in after-hours trading following their earnings reports on Thursday."
"There's no end in sight for this trend—or at least, that's what one of the early leaders thinks. "It just reflects a secular shift," said Google's Pichai. "Every business in the world is going to run on cloud eventually."
"At IBM, the future doesn't look so bright. Shares dropped to a five-year low after the company cut its profit forecast earlier this week."
HP drops out of the public cloud storm | ZDNet
"That's not to say that HP is entirely abandoning the cloud. It's not. HP will still be selling its Helion Rack for integrated private clouds; its hyperscale Cloudline and Moonshot servers; and a variety of private and hybrid cloud offerings. It's just that HP will no longer try to battle it out with Amazon Web Services and the like."
Google says it's 'rethinking everything' around machine learning | PCWorld
"New Google CEO Sundar Pichai took part in his first earnings call, and in between discussing the numbers he revealed how important Google thinks machine learning is to its future.
”We’re thoughtfully applying it across all our products, be it search, ads, YouTube, or Play,” Pichai said. “We’re in the early days, but you’ll see us in a systematic way think about how we can apply machine learning to all these areas.”
Machine Learning @ Microsoft Azure
