EU, U.S. officials tackle last hurdles in data pact talks ahead of key deadline

New deal is crucial for the thousands relying on "Safe Harbor" to move data from the EU to the U.S

Reuters

Brussels (Reuters)- European and U.S. officials are rushing to finalize a key data transfer pact days before a meeting of EU regulators who are poised to start restricting transatlantic flows of personal data used by firms in the billion dollar online advertising industry.

Microsoft's secret weapon for growth in the cloud: email

CEO reporting better than expected 2nd quarter earnings

Reuters

San Francisco (Reuters) - In reporting better-than-expected fiscal second-quarter earnings on Thursday, Microsoft Corp. CEO Satya Nadella touted his company's success in the cloud.

"Businesses everywhere are using the Microsoft Cloud as their digital platform to drive their ambitious transformation agendas," he said.

Big Pharma's bet on Big Data creates opportunities and risks

Swiss drugmaker Novartis teams up with Qualcomm to develop Internet-connected inhaler

ZURICH (Reuters) - Novartis wants every puff of its emphysema drug Onbrez to go into the cloud.

The Swiss drugmaker has teamed up with U.S. technology firm Qualcomm to develop an internet-connected inhaler that can send information about how often it is used to remote computer servers known as the cloud.

This kind of new medical technology is designed to allow patients to keep track of their drug usage on their smartphones or tablets and for their doctors to instantly access the data over the web to monitor their condition.

Microsoft beats Wall Street view on high demand for cloud products

Quarterly revenue and profits exceed analysts' expectations, however total revenue is down.

Reuters

(Reuters) : Microsoft Corp reported quarterly revenue and profit that beat analysts' expectations, driven by aggressive cost cutting and growing demand for its cloud products and services.

Slowing data center revenue growth dims Intel's profit beat

Quarterly profit overshadowed by slowing growth in its highly profitable data center business

Reuters

(Reuters) - Intel Corp's strong quarterly profit beat was overshadowed by concerns about slowing revenue growth in its highly profitable data center business, sending its shares down about 5.6 percent in after-market trading.

Chief Executive Brian Krzanich has looked to weather a slump in demand for chips used in personal computers by focusing on the business of supplying chips for high-end servers.

Cisco tries to bolster cloud credentials with new monitoring tool

Company has been trying to beef up its offerings for increasingly Internet-based business culture

Reuters

SAN FRANCISCO (Reuters) - When Cisco introduces its latest product on Wednesday, a tool for monitoring how employees use third-party software, it aims to bolster its offerings in the “cloud,” meaning Internet-delivered services. It also has information technology specialists like Robert Florescu in mind.

The head of Information technology at New York City-area urgent-care provider CityMD, Florescu must deal with complicated regulations around the privacy of patient data, on top of network security.

How a Boston private equity firm became a major fiber and data center player

A conversation with Gillis S. Cashman, managing partner, M/C Partners

Background

M/C Partners is a Boston-based communications-focused private equity firm, originally the media/communications arm of TA Associates and spun out in the mid-80s. The firm was an early investor in Western Wireless, Nextel, and a host of smaller wireless companies across the country. Its most recent big wireless deal helped to fund the initial build out of MetroPCS in 2001-2002.

Connected Devices Seen as Building Blocks of Smart Cities

Local government spending on Smart Cities may reach 25% of all government external spending on IoT by 2018

One of the key limiting factors to growth of IoT beyond existing objects is that many envisioned use cases involve low value. There is a need for improvements in both on the demand side (higher valued use-cases) and the supply side (lower cost of inputs for IoT by way of less expensive components and service costs). >> Read more
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With an eye on Russia, Estonia seeks security in computing cloud

One of the world's most wired countries with 95 percent of government services online

Reuters

TALLINN (Reuters) - Concerned about its assertive neighbor Russia, Estonia plans to upload much of its government data to computing clouds to guard against security threats, enabling the Baltic state to be run from abroad if necessary.

Estonia is one of the world's most wired countries with 95 percent of government services online. You can vote, register births and cars, sign official documents and set up businesses online, often in a matter of minutes.

Alphabet, Microsoft, Amazon give Wall Street reason to cheer

Cloud computing remains the priority for all 3, as large enterprises shift to hosted data services

Reuters

(Reuters) - Google parent Alphabet Inc, Microsoft Corp and Amazon.com Inc made headway in the latest quarter in the areas that will be their main engines of growth for years to come, driving up shares across the tech sector on Friday.

Shares of all three surged in early trading, adding more than $120 billion to their combined market value - more than the gross domestic product of Morocco.

For Alphabet, search traffic on mobiles surpassed desktop traffic worldwide for the first time, while Amazon was able to boost margins, an area of concern, as its cloud business boomed.

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