Cloud Offerings News Today

(Reuters) -International Business Machines is nearing a deal to buy cloud software provider HashiCorp, according to a person familiar with the matter. Hashicorp's stock surged 24%, giving it a market value of $6.1 billion, after the Wall Street Journal first reported the talks. Under CEO Arvind Krishna, IBM has focused on acquisitions to build out its cloud offerings.

(Reuters) -International Business Machines is nearing a deal to buy cloud software provider HashiCorp, according to a person familiar with the matter. Hashicorp's stock surged 24%, giving it a market value of $6.1 billion, after the Wall Street Journal first reported the talks. Under CEO Arvind Krishna, IBM has focused on acquisitions to build out its cloud offerings.

Insightful Analysis of Elastic NV's Financial Health and Market Position

Spending on cloud-related software has been on the rise as more companies seek to benefit from an AI-linked rally in the technology sector over the past year. Snowflake expects product revenue for the fourth quarter to be in the range of $716 million to $721 million, which is above analysts' average estimate of $700.3 million, according to data from LSEG.

Approaching a decade as Microsoft CEO, Satya Nadella has aggressively diversified the tech giant’s revenues. He’s now taking that intent to artificial intelligence

Accelerating Sustainability Innovation in the Cloud

Accelerating Sustainability Innovation in the Cloud

The local governments are competing to show loyalty to the latest ideology from Beijing, says analyst

On a trial basis, the eastern Chinese province is scoring religious personnel to enhance their “ideological awareness

Government says the month’s traditions are uncivilized, and people should take better care of the elderly