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Posts Tagged ‘cloud’

Serverless, Inc expands free Framework to include monitoring and security

Serverless development has largely been a lonely pursuit until recently, but Serverless, Inc has been offering a free framework for intrepid programmers since 2015. At first, that involved development, deployment and testing, but today the company announced it is expanding into monitoring and security to make it an end-to-end tool — and it’s available for ...

Azure revenue continues to slow down for Microsoft

Microsoft reported in its FY19, Q4 earnings report today that Azure, the company’s infrastructure as a service (IaaS) offering, grew at 64 percent. It may feel like a large number, but was part of a downward trend Microsoft has been experiencing throughout the entire fiscal 2019 earnings cycle. The growth rates for FY19 were, Q1: ...

AT&T signs $2 billion cloud deal with Microsoft

While AWS leads the cloud infrastructure market by wide margin, Microsoft isn’t doing too badly, ensconced firmly in second place, the only other company with double-digit share. Today, it announced a big deal with AT&T that encompasses both Azure cloud infrastructure services and Office 365. A person with knowledge of the contract pegged the combined ...

Contract management startup Icertis becomes unicorn with $115M new round

Icertis, a Washington-headquartered startup that develops cloud-based software to help large companies manage contracts, has raised $115 million at more than a billion dollar valuation to become the latest SaaS unicorn as it looks to further expand its footprints across the globe. The Series E round for the 10-year-old firm was led by Greycroft and ...

Judge dismisses Oracle lawsuit over $10B Pentagon JEDI cloud contract

Oracle has been complaining about the procurement process around the Pentagon’s $10 billion, decade-long JEDI cloud contract, even before the DoD opened requests for proposals last year. It went so far as to file a lawsuit in December, claiming a potential conflict of interest on the part of a procurement team member. Today, that case ...

With $34B Red Hat deal closed, IBM needs to execute now

In a summer surprise this week, IBM announced it had closed its $34 billion blockbuster deal to acquire Red Hat. The deal, which was announced in October, was expected to take a year to clear all of the regulatory hurdles, but U.S. and EU regulators moved surprisingly quickly. For IBM, the future starts now, and ...

A prolific credit-card theft ring is scanning for unsecured “buckets” in Amazon’s cloud and has compromised 17,000 domains (so far)

Magecart is the hacker gang that pulled off the British Airways and Ticketmaster credit-card heists; now they've build an Amazon cloud scanner that systematically probes S3 storage "buckets" for configuration errors that allow them to overwrite any Javascript files they find with credit-card stealing malware.

Security researchers Riskiq have identified 17,000 domains that they ...

It was a really bad month for the internet

If these past few weeks felt like the sky was falling, you weren’t alone. In the past month there were several major internet outages affecting millions of users across the world. Sites buckled, services broke, images wouldn’t load, direct messages ground to a halt and calendars and email were unavailable for hours at a time. ...

A Cloudflare outage is impacting sites everywhere

If you’ve been experiencing “502 Bad Gateway” notices all morning, for better or worse, you’re not alone. Cloudflare has been experiencing some major outages this morning, leaving many sites reeling in its wake. In fact, the company’s System Status page, which collects global incidents, reads like a laundry list of every major city across the ...

Synergy Research finds enterprise SaaS revenue hits $100B run rate, led by Microsoft, Salesforce

In its most recent report, Synergy Research, a company that monitors cloud marketshare, found that enterprise SaaS revenue passed the $100 billion run rate this quarter. The market was led by Microsoft and Salesforce. It shouldn’t be a surprise at this point that these two enterprise powerhouses come in at the top. Microsoft reported $10.1 ...