Consumers Want Payment Options That Help Manage Spending

pymnts.com As consumers look for simpler and more intuitive eCommerce experiences, Harvest Hosts sees providing more payment options as key to meeting shoppers’ demand to be able to…

Time to Pounce! Buy the Dip in These 3 Magnificent Tech Stock Superstars

investorplace.com Don't sleep on these steady tech stocks to buy on the dip The tech industry has seen remarkable growth, particularly over the past year, attracting retail and institutional…

Hugging Face to make $10M worth of old Nvidia GPUs freely available to AI devs

theregister.com Open source AI champion Hugging Face is making $10 million in GPU compute available to the public in a bid to ease the financial burden of model development faced by smaller…

UK competition regulator says Microsoft's stake in Mistral is not a merger

theregister.com Britain's competition watchdog does not think Microsoft's investment in Mistral AI constitutes a merger situation – just weeks after calling for industry views on the…

Good Company Launches $30 Million Fund to Drive Innovation in Mission-Driven Startups Addressing Global Challenges

benzinga.com Good Company, the pioneering Israeli venture capital firm specializing in building mission-driven businesses that solve the world's biggest problems, announced today the…

The 3 Most Undervalued Robinhood Stocks to Buy in May 2024

investorplace.com With more than 11.9 million users, Robinhood's influence on stock trends is undeniable Being dynamic in stock market investing is crucial, especially given the recent…

Amazon’s Cloud and AI Bets Make the Stock a Compelling Buy

investorplace.com Amazon makes for an extremely strong investment if you want strong returns Amazon.com Inc (NASDAQ: ) is a multinational technology company with a concentration in…

AWS to spend €7.8B on its sovereign cloud in Germany

theregister.com AWS is to invest €7.8 billion in the AWS European Sovereign Cloud in Germany and make the first AWS Region in the State of Brandenburg available to all customers by the end…

Amazon axed more than 100 customer service managers in CEO Andy Jassy’s latest job cuts

finance.yahoo.com Amazon on Wednesday slashed layers of middle management in some of its customer service divisions as part of an organizational restructuring, Fortune has learned. The cuts…

Microsoft's custom Cobalt chips will come to Azure next week

techcrunch.com Microsoft will launch its custom Cobalt 100 chips to customers as a public preview at its Build conference next week, TechCrunch has learned. In an analyst briefing ahead of…

Amazon axes more than 100 customer service managers

fortune.com Amazon on Wednesday slashed layers of middle management in some of its customer service divisions as part of an organizational restructuring, Fortune has learned. The cuts…

Now Is the Time to Buy Stocks: Experts’ 3 Top Picks

investorplace.com Invest now as experts say these top stocks are going to skyrocket The future of the U.S. economy appears promising, marked by significant investments and rapid industrial…

Amazon's latest VMs promise savings for your burstiest apps

theregister.com Amazon Web Services added another set of cost-optimized instances to its EC2 lineup on Tuesday, aimed at customers whose workloads aren't pegging the CPU 100 percent of the…

Meet the Only 3 "Magnificent Seven" Stocks Outperforming the Nasdaq Composite Over the Last 3 Months

finance.yahoo.com The "Magnificent Seven" companies caught the market by storm in 2023 for their market-crushing gains. But the group has showed signs of cooling off. Nvidia (NASDAQ: NVDA),…

YC-backed Recall.ai gets $10M Series A to help companies use virtual meeting data

techcrunch.com More money for the generative AI boom: Y Combinator-backed developer infrastructure startup Recall.ai announced Thursday it’s raised a $10 million Series A funding round,…

1 Extraordinary Stock Set to Join Microsoft, Apple, Nvidia, and Alphabet in the $2 Trillion Club

finance.yahoo.com This year already saw two new companies' market caps surpass $2 trillion, and a third is poised to hit that milestone. The current members of the $2 trillion club are some…

Matt Garman, Amazon's Cloud CEO, Is a 'Bulldozer' With an AI Challenge

businessinsider.com By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time. Access your favorite topics in a personalized feed while you're on…

April’s Inflation Report Finally Hints at Progress

thedailyupside.com The wealth-devouring monster is not dead, but it may be gravely wounded. Inflation showed signs of easing slightly in April, and core prices — which exclude food and energy…

Hot Stocks 2024: The 3 Best Places to Put Your Money This May

investorplace.com This month's hot stocks are entering an elevated state that investors don’t want to miss With the market performing relatively well and many companies posting first-quarter…

Matt Garman taking over as CEO with AWS at crossroads

techcrunch.com It’s tough to say that a $100 billion business finds itself at a critical juncture, but that’s the case with Amazon Web Services, the cloud arm of Amazon, and the clear…

HII Signs Strategic Collaboration Agreement with AWS to Fast-Track Mission-Critical Capability Development

benzinga.com NEWPORT NEWS, Va., May 15, 2024 (GLOBE NEWSWIRE) -- HII announced today that it has signed a Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS). The…

Decentralization Unleashed: How Mask Network is Rethinking Social Media and Privacy

beincrypto.com Decentralized social networks remain a hot topic as concerns over data privacy, censorship, and corporate influence continue to escalate. People seek more control over their…

Networking infrastructure startup Alkira, which lets users virtualize hybrid cloud assets, raised a $100M Series C led by Tiger, for $176M in total funding

techcrunch.com As cloud adoption continues to surge towards the $1 trillion mark in annual spend, we’re seeing a wave of enterprise startups gaining traction with customers and investors…

Veeam adds support for VMware alternative Proxmox to its backup software

theregister.com Data protection outfit Veeam has confirmed it is to add support for the open source virtualization platform Proxmox, bringing more backing behind the VMware alternative.…

An AI agent may soon be at your beck and call, but it might cost you a bit of your privacy

aol.com None This post originally appeared in the Insider Today newsletter. • None You can sign up for Business Insider's daily newsletter here. Halfway to the weekend! What do you…

Prediction: 2 Artificial Intelligence (AI) Stocks That Could Be Worth More Than Nvidia 5 Years From Now

finance.yahoo.com Nvidia (NASDAQ: NVDA) has wowed investors over the past few years with its triple-digit earnings growth and explosive share-price performance. And that's helped the company…

AWS to invest €7.8bn into European Sovereign Cloud project

siliconrepublic.com AWS plans to open its first European Sovereign Cloud facility in Germany by the end of 2025, to keep European data on the continent. Amazon Web Services (AWS) has revealed…

AWS details its European “sovereign cloud”, designed to enable greater data residency, starting in Germany, and plans to invest €7.8B in the region by 2040

techcrunch.com Amazon’s cloud computing business, has confirmed further details of its European “sovereign cloud,” which is designed to enable greater data residency across the region. The…

AWS’ New CEO Garman Will ‘Crush It’; Partners Shocked At Selipsky Exit

crn.com AWS’ New CEO Garman Will ‘Crush It’; Partners Shocked At Selipsky’s Exit In a blockbuster move today, AWS CEO Adam Selipsky unveiled he is leaving the company on June 3,…

Amazon Web Services CEO to resign, effective June 3

finance.yahoo.com Amazon's (AMZN) cloud computing arm, Amazon Web Services (AWS), is undergoing a leadership transition. Adam Selipsky, the CEO of AWS, has announced his resignation after an…

Amazon AWS CEO Adam Selipsky is out

fortune.com Amazon Web Services CEO Adam Selipsky is stepping down, the tech giant announced on Tuesday, around three years after he made a return to the tech giant to replace Andy…

Amazon Names Matt Garman to Lead Cloud Computing Unit

pymnts.com Amazon’s all-important cloud computing division has a new leader. Adam Selpiski, who has headed Amazon Web Services (AWS) since 2021, is setting down from that position in…

Amazon Stock: AWS Announces New Chief Amid AI Race

investors.com The leader of Amazon's (AMZN) cloud-services division, Amazon Web Services, will step down early next month, the tech giant announced Tuesday. Amazon stock edged lower in…

AI News: Elon Musk’s xAI Eyes $10 Billion Oracle Server Deal

coingape.com Elon Musk’s artificial intelligence company, xAI, is said to be close to signing a $10 billion contract to lease cloud servers from Oracle. This alliance will make xAI one…

AWS CEO Adam Selipsky steps down

techcrunch.com Adam Selipsky is stepping down from his role as CEO of Amazon Web Services, Amazon has confirmed to TechCrunch. In a memo shared internally by Amazon CEO Andy Jassy and…

Amazon Web Services CEO Adam Selipsky to step down

cnbc.com Adam Selipsky, CEO of Amazon 's cloud computing business, will step down from his role next month, the company announced Tuesday. Matt Garman, senior vice president of sales…

Amazon's cloud unit CEO Adam Selipsky to step down

finance.yahoo.com The CEO of Amazon's (AMZN) cloud computing business, Adam Selipsky, is stepping down next month, the company announced Tuesday, punctuating a phase of rapid growth at the…

It's no surprise to see Amazon shares lower after cloud CEO shakeup

cnbc.com Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Tuesday's key moments. U.S. stocks were little…

Amazon Web Services chief to step down, veteran named successor

theguardian.com The chief of the wildly profitable Amazon Web Services (AWS) cloud computing unit will step down next month after a three-year term. Adam Selipsky, 57, who is also a member…

Amazon Web Services CEO to step down

aol.com Amazon’s biggest moneymaker, Amazon Web Services, is getting a new leader. Adam Selipsky, the chief executive of the cloud computing unit, will step down from his role next…

AWS CEO logs off after three years at the helm

theregister.com Amazon Web Services CEO Adam Selipsky is stepping down to pursue new ventures. The cloud giant's future now rests in AWS veteran Matt Garman's hands. Amazon CEO Andy Jassy,…

Andy Jassy makes AWS leadership announcement

aboutamazon.com This morning, Andy Jassy, Adam Selipsky, and Matt Garman shared the following messages with our teams. A little over three years ago when Jeff announced my new role, one of…

Amazon’s AWS business is getting a new CEO, and the stock is dipping

marketwatch.com Matt Garman, a sales and marketing leader for AWS, will succeed Adam Selipsky.

AWS CEO Adam Selipsky is stepping down

siliconrepublic.com The announcement follows news of layoffs at the company earlier this year. Three years after taking up the role, Adam Selipsky will step down as CEO of Amazon Web Services…

Amazon replaces cloud unit chief Adam Selipsky with veteran Matt Garman

theglobeandmail.com Amazon Web Services CEO Adam Selipsky will step down, handing over the reins of the retail giant’s crucial cloud business to long-time insider Matt Garman, the company said…

Amazon replaces cloud unit chief Selipsky with veteran Garman

aol.com May 14, 2024 at 9:33 AM (Reuters) -Amazon Web Services CEO Adam Selipsky will step down, handing over the reins of the retail giant's crucial cloud business to long-time…

Wall Street Favorites: 3 Cloud Computing Stocks With Strong Buy Ratings for May 2024

investorplace.com Businesses are increasingly rely on AI and the cloud The stock market rebounded last week, igniting hopes of a sustained rally. However, in contrast to the previous…

What Wall Street Doesn’t Want You to Know About Alibaba Stock

marketbeat.com Shares of Alibaba Group NYSE: BABA fell by as much as 5% in the pre-market session of May 14th; the reaction came after a wild first quarter 2024 earnings result, which is…