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Amazon's Growing Threat to H-P, Dell and Oracle

At any given moment, Netflix Inc. (NFLX) is serving up thousands if not millions of videos online that are hosted in a big data center that the company's 33 million subscribers couldn't care less about as long as those shows run immediately on demand.While Netflix may be the face for providing its subscribers access to movies such as "The Hunger Games" and TV shows like "Mad Men," it's Amazon.com Inc. (AMZN) actually streaming that content to their screens. And the e-commerce giant has gone well beyond movie streaming, having used its massive technology backbone and expertise to solve the cloud computing needs of many large and small enterprises.As such, Amazon has quickly become a significant force in the market for corporate IT services, where it now competes against big technology names like Hewlett-Packard Co. (HPQ) , Dell Inc. (DELL) and Oracle Corp. (ORCL)--to name a few.Just last week, Andy Jassy, senior vice president of Amazon Web Services, gave attendees at an AWS Summit in S...

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  1. WEEK AHEAD: Tech, Energy, Defense to Report Earnings Next Week

    Next week brings a heavy calendar of quarterly results from some of the biggest tech and energy companies in the U.S. as earnings season heats up.Also, a first-quart...

  2. Boston Business Grinds to a Halt Amid Manhunt

    With authorities scrambling Friday to find a suspect in the Boston Marathon bombings , many Boston-area companies like EMC (NYSE:EMC) and Whole Foods Market (NASDAQ:...

  3. IBM in Talks to Sell Part of Its Server Unit to Lenovo

    International Business Machines Corp. is looking to part ways with the servers that have powered much of the Internet.The company is in advanced discussions to sell ...

  4. LME: Gets Request To List An Aluminum Brand; OKs Zinc Brand Name Change

    The London Metal Exchange said Monday it has received an application from Malaysian aluminum producer Daiki Aluminium Industry (Malaysia) Sdn. Bhd. to list its DIKM ...

  5. Judge limits Assured Guaranty claims against JPMorgan

    A New York judge has narrowed a lawsuit by bond insurer Assured Guaranty Ltd against JPMorgan Chase & Co over alleged misrepresentations involving $337 million in mo...

  6. Benzinga Market Primer: Monday, April 8

    Futures Creep Higher Despite Korean Tensions, Weak PayrollsU.S. equity futures crept higher in early pre-market trade Monday despite North Korea increasing rhetoric ...

  7. Consumer Sentiment Stumbles in Early March

    U.S. consumer sentiment tumbled to its lowest since December 2011 in early March, hit by dissatisfaction with government economic policies and as fewer Americans exp...

  8. Report: IBM, EMC Mull Buyout of SoftLayer Technologies

    In a buyout that could top $2 billion, database web hosting company SoftLayer Technologies has reportedly held takeover talks with tech giants IBM (NYSE:IBM) and EMC...

  9. FBN Morning Market Roundup

    FBN's Diane Macedo breaks down morning-market news.

  10. EMC , VMware to Create Web-Based Software Business

    EMC Corp. (EMC) and VMware Inc. (VMW) executives detailed plans to separate a disparate group of businesses into a new Web-focused software company that they could e...

  11. TECH STOCKS: BlackBerry Gets Late Boost; Netflix Leads Techs

    BlackBerry Inc. got a strong late-day boost on Wednesday on news of a large order for its latest smartphones, while the broader tech sector managed to stay positive ...

  12. TECH STOCKS: Netflix, VMware Gains Lead Tech's Rise

    Tech stocks showed signs of life in afternoon trading Wednesday, with gains from Netflix Inc. and VMware Inc. standing out in the sector's trading action.The Nasdaq ...

  1. TECH STOCKS: LinkedIn Slumps While Most Techs Close Higher

    Tech stocks ended the week with strong gains Friday, as bellwethers such as Apple Inc., Amazon.com Inc. and EMC Corp. advanced and most of the sector joined in a bro...

  2. Apple, EMC , Amazon Among Early Tech Gainers

    Tech stocks mostly rose in early trading Friday, with the sector rising along with the broad market following an upbeat report on the nation's unemployment rate. Gai...

  3. EMC Reports Disappointing Results But Backs Year View

    EMC Corp.'s (EMC) first-quarter profit shrank 1.1%, as the data-storage provider's higher compensation and restructuring costs outpaced its slowest revenue growth si...

  4. EMC Net Down 1.1% on Higher Expenses

    EMC Corp.'s (EMC) first-quarter profit shrank 1.1% as the data-storage provider's higher costs offset revenue growth, leading to weaker-than-expected results.EMC had...

  5. EMC 1st-Quarter Net Down 1.1% on Higher Expenses

    EMC Corp.'s (EMC) first-quarter profit shrank 1.1% as the data-storage provider's higher costs offset revenue growth, leading to weaker-than-expected results.EMC had...

  6. VMware Reports 'Solid Start' to Year, But Outlook Weighs on Stock

    VMware Inc.'s (VMW) first-quarter earnings declined 9.3% as realignment charges weighed on the software maker's results, though services revenue rose and expense con...

  7. VMware 1st-Quarter Profit Down 9.3%, Co Lowers Full-Year Revenue View

    VMware Inc.'s (VMW) first-quarter earnings declined 9.3% as realignment charges weighed on the software maker's results, though services revenue and core earnings im...

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