cloud

Business

IBM Revenue Up 8% on Continued Momentum in Hybrid Cloud Business

International Business Machines Corp. reported a stronger-than-expected 8% revenue increase in the first quarter on continued momentum in its hybrid cloud platform, a key focus of the tech company’s transformation. Revenue rose to $14.2 billion, from $13.19 billion a year earlier, beating analysts’ expected $13.78 billion, according to FactSet. The results were boosted by a […]

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Business

Sudbury’s Cloud Nine Toys to close after 40 years in business

A beloved independent toy store that opened in 1980 is selling holiday gifts to Massachusetts families for the last time.Sudbury’s Cloud Nine Toys is closing in March and this will be the last holiday season for the local business, according to owners Laura and Charlie Brauer.”The wildest thing is when five generations came in,” Charlie […]

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Business

Microsoft reorgs its cloud business, creates new Strategic Missions and Technologies team

Microsoft’s Cloud + AI business is reorganizing, and current Executive Vice President of Azure, Jason Zander, is taking on a newly created team called Strategic Missions and Technologies (SMT). Zander will be reporting in his new role directly to CEO Satya Nadella, with the mission of accelerating several of Microsoft’s key emerging businesses, according to […]

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Travel

Asia holds tight on borders, casting cloud over COVID-hit travel | International Trade News

Hwaseong, South Korea – Asia-Pacific countries are sticking to tight border controls even as vaccination rates top out, dampening prospects for a revival of the region’s pandemic-battered travel industry. While mainland China and Hong Kong sink deeper into isolation under a strict “zero COVID” policy that mandates weeks of hotel quarantine, countries such as Japan, […]

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