Chinese e-commerce and technology giant Alibaba announced its financial results for the quarter that ended December 31, 2017. In the report, Alibaba disclosed that it had generated cloud computing revenue of RMB3,599 million (US$553 million) for the quarter. That’s a 104% year-over-year increase from the same quarter in the previous year. In the report, Alibaba…
Another Chinese company is taking direct aim at Amazon Web Services and Microsoft Azure by announcing plans to launch cloud computing services in Europe and the United States Xunlei Ltd will become the latest Chinese tech firm to expand into lucrative markets in America and Europe. The company launched its cloud service in August called…
Alibaba is considering adding a second datacenter in Dubai, company officials said, as part of the tech giant’s plans to grow its global footprint to challenge Amazon and Microsoft in the cloud. The company’s first datacenter in the Middle East, also located in Dubai, opened last year and has the capacity to service up to…
This is your weekly Cloud News Round-Up on LiftrNews.com! This week, our anchors talk cloud revenue, AWS expansion in China, concerns over billion dollar Pentagon contract, and new Microsoft offerings in India. Do you have any cloud predictions for 2018? We want to hear from you. Email us at ideas@liftrnews.com.
Amazon Web Services is expanding its presence in China, opening a second cloud region in a lucrative market governed by strict laws targeting foreign tech firms and already dominated by local rivals like Alibaba. AWS announced in a blog post it is partnering with cloud services firm Ningxia Western Cloud Data Technology Co. to launch…
Amazon is selling parts of its cloud computing business in China to its local partner to comply with tough new data laws for foreign tech firms in the world’s second largest economy. In a statement, Amazon said it is not exiting the Chinese market dominated by rival Alibaba but that it “sold certain physical infrastructure…
Microsoft will triple capacity for its Azure-based international public cloud service in China, significantly ramping up the company’s cloud presence in a market dominated largely by Alibaba. CEO Satya Nadella made the announcement Wednesday during the company’s tech summit in Beijing, saying the Azure capacity expansion will give customers in the region and multinational corporations…
On this week’s segment, we’ll discuss Amazon’s new AI, Google Cloud, China, Alibaba, Cisco’s new acquisition, LinkedIn, Microsoft Azure and more.