CLOUD COMPUTING

Amazon.com warned of a possible operating loss in the first quarter following a sharp drop in fourth-quarter profits, a sign that the online retailer is continuing to spend heavily on expansion and new ventures at the expense of shorter-term profits.

Data from Megaupload and Megavideo could be deleted as soon as Thursday, federal prosecutors said

SAP, the world's biggest maker of business software, was upbeat on its topline growth this year citing its investment in new technologies and robust corporate spending.

SAP, the world's biggest maker of business software, aims to set a fresh profit record this year as it banks on robust corporate spending on technology.

In today's volatile markets, for buyers, building stronger Mergers & Acquisitions (M&A) capability, strategy, capital and integration skills will enable them to capitalize on quick deals and monetize new assets quickly after deal close according to an expert in the field.

Cloud computing, a way to store information and access software programs from far-away data farms is transforming computers from a product-based to a service-based industry.

More than a dozen of the biggest technology companies including IBM, Cisco Systems and SAP formally announced a new standards-setting committee for the emerging sector of cloud computing.

Only 48 percent of consumers in a typical week watched broadcast or cable television, down from 71 percent in 2009, according to a survey released by consulting firm Accenture.

Apple iPad 3 Latest: What we Know and Top 10 Things we Need to Know

Oppenheimer has upgraded shares of VMware, Inc. (NYSE:VMW) to “outperform” from “perform” on valuation.

The cloud computing is going to be the next big buzzword in 2012 as it would spread to mobile devices, mobile advertising, and wireless equipment. In other words, the Cloud could be the new operating system.

A creepy cloud formation was reportedly photographed today hovering over England and users on the forum site Reddit began spreading the picture.

Shares of Oracle, the biggest enterprise software developer, fell more than 15 percent Wednesday after the company missed second-quarter estimates for earnings.

U.S.-Israeli start-up CloudShare, whose technology enables Web-based development and testing of software applications, expects to as much as triple sales in 2012 as its benefits from the rapidly growing cloud computing market.

The top after-market NASDAQ gainers are: Saba Software, Urban Outfitters, Skullcandy, Cypress Semiconductor, Avanir Pharma and Atmel Corp. The top after-market NASDAQ losers are: Liquidity Services, Perceptron, Diamond Foods and BioMarin Pharma.

Good news to smartphones and tablet users who crave for gaming without compromising on splendid graphics - OnLive, a Silicon Valley-based gaming service, has announced the launch of an application (app) which enables users of mobile devices such as iPhone, iPad and Android-based smartphones and tablets, including Amazon's Kindle Fire, to enjoy console-class gaming.

IBM, the No. 2 U.S. computer company, unveiled an advanced analytical software and services tool that used its powerful Watson supercomputer.

UBS announced Tuesday it will be adding five recently-public Web 3.0 companies, including Groupon Inc. (NASDAQ:GRPN) to its benchmark index of young public Internet companies, officially called the UBS Next Generation Internet Index.

SAP AG's purchase of Web-based software company SuccessFactors Inc could be the catalyst the old-school German technology giant needs to try to catch up to rivals in the fast-growing cloud computing market.

Stocks of several cloud-computing companies rose on Monday, after German software giant SAP offered to buy Web-based software maker SuccessFactors at a high premium on Friday.

Shares of specialty software vendors like MicroStrategy and Qlik Technologies rose sharply early Monday as investors contemplate Oracle’s retaliation for SAP’s $3.4 billion bid for SuccessFactors.