Account
As Amazon.com Inc seeks to transform itself into a leading provider of technology to the world's largest corporations, it's discovering that it needs help.The online retailer, which since 2006 has moved aggressively into the business of renting remote computing, storage and other IT services, is roping in thousands of consulting and technology partners, from Cap Gemini SA to BMC Software Inc, in a major push to woo big-spending corporate customers to its cloud computing division.Amazon Web Services (AWS), as the business is known, has been a hit with startups which need robust and inexpensive Web services that they can purchase as the need arises.But big corporations and government agencies, often referred to as enterprise customers, represent a far larger opportunity: they spend more than $300 billion a year on data centers, Bernstein Research estimates.That market opportunity has helped Amazon's stock price more than triple in the past five years as investors bet that the retailer's ...
More than a year after introducing Office 365, the cloud version of its flagship business software, Microsoft Corp. (MSFT) is increasing its focus on retailers, a ma...
All Things Digital Writer Arik Hesseldahl on reports Iran is behind a recent string of cyber-attacks against banks.
Tech blogger Robert Scoble on the future of the tech giant in the aftermath of the video game, technology release and executive departure.
Tech blogger Robert Scoble on the latest products from the tech giant.
Tech blogger Robert Scoble on the battle between the iPhone and the Galaxy S.
These stocks are up on high volume today:Eli Lilly & (NYSE:LLY) experienced a price hike on above-average volume today, trading at a volume of 15.1 million, or 1.8 t...
A few stocks are up on high volume today:Express Scripts (NASDAQ:ESRX) is experiencing a price increase on above-average volume today. 10.1 million shares have moved...
Here are stocks that gapped up today with opening prices significantly higher than the close on the previous trading day:Rackspace Hosting (NYSE:RAX) opened at $56.2...
Rackspace Hosting Inc. saw its shares jump more than 10% to $54.62 on Wednesday morning, after the company reported better-than-excpected revenue for the second quar...
Rackspace Hosting Inc.'s (RAX) second-quarter earnings rose 43% as the data-storage provider continued to record strong revenue growth and add customers.Shares were ...
These stocks are up on high volume today:Viacom (NASDAQ:VIAB) saw its price spike on above-average volume today, as 7.1 million shares, which is 1.5 times the stock'...
Rackspace .com’s Robert Scoble on Facebook’s earnings, mobile advertisements and Mark Zuckerberg’s performance.
Technology stocks were mostly lower Thursday, weighed down by declining shares of Rackspace Hosting Inc. and Microsoft Corp. even as the group got a lift from rising...
The U.S. stock market recorded small losses on Thursday despite a report which showed a drop in both initial jobless claims and continuing claims.Volatility levels r...
Shares of Groupon Inc. rose sharply Thursday after reporting better-than-expected results, but the tech sector was weighed down by plunging shares of Rackspace Hosti...
Dell Inc. (DELL) has acquired enterprise cloud-management software and services provider Enstratius for an undisclosed amount in what it describes as a bid to enhanc...
Rackspace Hosting Inc. (RAX) wants to expand its Web-hosting business by partnering with telecom companies to build and operate cloud data centers for enterprise cus...
Rackspace Hosting Inc. (RAX) Friday bowed to pressure from price-cutting rivals by slashing rates for cloud-computing services by as much as a third, tweaking its st...
Retail Sales in the U.S. rose for the third straight month, showing that the economy remains on solid, if not spectacular, footing. Wall Street traders yawned at the...