KKR to buy 20% stake in Singtel’s data-center business

Posted by September 17, 2023

Private-equity firm KKR has agreed to buy a 20% stake in the regional data-center business of Singapore Telecommunications for 1.1 billio

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These 20 companies are big winners this earnings season. What…

Posted by August 7, 2023

Quarterly earnings reports are continuing to roll in for the S&P 500 — but earnings season never really ends, because about 20% of

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Amazon’s Cloud Business to Invest More Than $12 Billion in…

Posted by May 18, 2023

By Ben Otto Amazon.com's cloud-computing business plans to spend 1.056 trillion Indian rupees (US$12.81 billion) to expand its data-center infrastr

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The Companies With the Most—and Least—AI Exposure

Posted by May 16, 2023

Artificial Intelligence capabilities continue to progress at a dizzying speed. The arrival of ChatGPT in particular seems to have only accelerated the adoption

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WSJ News Exclusive | Ex-Twitter Cyber Chief Joins Cloud-Security Company…

Posted by May 15, 2023

Lea Kissner, former chief information security officer at Twitter, is joining cybersecurity company Lacew

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Credit Hurdles Hold Back Corporate Renewable-Energy Plans

Posted by May 10, 2023

Businesses with less than stellar credit ratings are struggling to sign long-term deals for wind and solar power in the U.S. and Europe. Corporate programs and

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Lumen stock moves higher as company burns less cash than…

Posted by May 2, 2023

Shares of Lumen Technologies Inc. were headed 2% higher in Tuesday’s aftermarket action after the telecommunications company showed cash burn

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Companies Turn to AI to Avoid ‘Cloud Sprawl’

Posted by April 19, 2023

Companies are turning to artificial intelligence to root out savings in runaway cloud-computing bills, tapping software designed to pinpoint overlapping cloud a

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Amazon Warns of Weaker Cloud Sales as Businesses Cut Spending

Posted by April 13, 2023

Amazon. com Inc. is facing “short-term headwinds” in its cloud-computing business, Amazon Web Services, as companies continue

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