Author Archives: Scalper1

Amazon Cloud Business Threatened By New Google Exec

Amazon (AMZN) and its cloud business are likely going to face vigorous competition from Alphabet’s (GOOGL) Google for its now-dominant cloud computing business, as Microsoft (MSFT) and other competitors continue to struggle to gain market share. Late Thursday, Google CEO Sundar Pichai announced in a blog post that the tech-giant has hired former VMWare (VMW) CEO Diane Greene to lead the firm’s cloud operations. The new team will combine Google for

CIOs see Apple taking more enterprise business

A recent survey of chief information officers found that 46% expect Apple (AAPL) products to become more pervasive in the enterprise market in 2016. That is more than twice the number of those who expect Apple products to become less pervasive. “Apple’s enterprise momentum seems set to continue,” Nomura Securities analyst Jeffrey Kvaal said in a report Friday. Nomura surveyed 50 U.S. CIOs for its inaugural IT spending poll. “We expect enterprise

Intel Shares Up on Dividend Hike, Raised FY16 Sales Outlook

Intel Corp.’sINTC share price went up more than 3% to $34.30 following the announcement of a dividend hike and an improved sales guidance for fiscal 2016 at its annual investor meeting.Dividend Hike Intel’s board approved an 8.3% hike in