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Cloud Services

All articles tagged with #cloud services

Brookfield Bets Big on AI Infrastructure With Nvidia Tie-Up
business3 days ago

Brookfield Bets Big on AI Infrastructure With Nvidia Tie-Up

Brookfield Corporation is positioning itself as a leading AI infrastructure play, launching a Brookfield AI Infrastructure Fund to deploy up to $100 billion in AI assets with seed commitments from Brookfield and Nvidia, and launching Radiant—an Nvidia cloud partner to build AI data centers. With a broad footprint in infrastructure, power, and credit, Brookfield expects strong earnings growth over the next five years. At about $46 a share, it trades at a discount to an estimated value of roughly $68 per share, with a long-term bull case near $130 by 2030, which is why it’s cited as the highest-conviction AI stock to buy now.

Belkin's Wemo Cloud Shutdown Kills Remote Access This Weekend
technology26 days ago

Belkin's Wemo Cloud Shutdown Kills Remote Access This Weekend

Belkin will shut down cloud services for most Wemo devices this weekend, ending remote access and integrations with Google Home and Alexa; the Wemo app will stop receiving updates on Jan 31, and many devices will only work manually after the shutdown. A subset of Thread-based devices and those configured with HomeKit may continue to function, while warranty-covered units could qualify for partial refunds.

Microsoft Azure Outage Disrupts Services Across Multiple Platforms
technology3 months ago

Microsoft Azure Outage Disrupts Services Across Multiple Platforms

Microsoft Azure experienced a widespread outage affecting all regions, including major services like Microsoft 365, Xbox, and Azure's cloud offerings. Recovery efforts are underway, involving reloading configurations and rerouting traffic, with full restoration expected by late October 29. The outage highlights systemic risks associated with reliance on centralized cloud services.

Xbox Hardware Sales Drop 29% Amidst Revenue Growth from Game Pass
business3 months ago

Xbox Hardware Sales Drop 29% Amidst Revenue Growth from Game Pass

Microsoft's Xbox hardware sales continue to decline significantly, with a 29% drop in Q1 2026, as the company shifts focus to an 'Xbox everywhere' strategy and emphasizes cloud services like Azure, which are driving its overall revenue growth. Despite hardware struggles, Microsoft's cloud division remains a major growth driver, contributing to an 18% increase in total revenue for the quarter.

Global Microsoft Azure Outage Disrupts Businesses and Services
technology3 months ago

Global Microsoft Azure Outage Disrupts Businesses and Services

A Microsoft Azure outage affecting its cloud services and Microsoft 365 has begun to ease, after causing disruptions for businesses worldwide, including airlines and telecom providers, with the issue linked to a recent configuration change. The outage led to significant user reports and impacted major online platforms, highlighting the vulnerability of interconnected digital infrastructure.