CLOUD COMPUTING

Google’s newly announced CEO Larry Page will face challenges from Facebook, Apple

The main challenge that is going to grip Page is going to be the confrontation with Facebook, the world’s largest networking site which is closing in on 1 billion users. And another competitor would be Apple in terms of mobile advertising. Recently Facebook was in the new about the challenge it posses over Google in terms of advertising.
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Google Doc to allow users to upload videos too

Over the next few weeks Google will be rolling out the option to upload, store and organize any type of file in Google Docs and with this change one would be able to upload and access file from any computer, said a Google blog post.
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Treasury.gov moves to Amazon cloud

Smartronix announced the launch of the new Treasury.gov web site and the migration of four other agency sites to Amazon Web Services (AWS) cloud, marking the first time a cabinet level agency has moved its Web sites to AWS.
4. IBM

NATO Turns To IBM For Cloud Computing

IBM will provide cloud computing software that will consolidate and integrate technology capabilities for critical command and control programs at NATO.
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Red Hat Says Profits Up 92 Percent

Red Hat announced financial results for its fiscal year 2011 third quarter, reporting a rise in operating income of 92 percent year over year.
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Oracle Apps Now Available From Amazon

Amazon said several applications of Oracle are now available in its Amazon Elastic Compute Cloud, a commercial web service that allows customers to rent computers on which to run their own computer applications.
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NetApp upgraded at Barclays Capital

Barclays Capital upgraded rating of the data storage equipment maker NetApp, Inc. (NTAP) to 'overweight' from 'equal weight' and increased its price target to $67 from $56.
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Google says shut out of USDA cloud computing deal

Google Inc didn't get the chance to compete for the largest federal government cloud computing deal yet announced, according to the Web firm, adding to its concerns that government agencies are unfairly favoring rival Microsoft Corp.
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Salesforce acquires Heroku; ramps up platform-as-a-service offering

Salesforce is on the roll as the enterprise cloud-computing company announced that it has acquired Heroku, a company that offers Ruby platform-as-a-service (PaaS), for $212 million cash, just a day after releasing Database.com, the first cloud-based enterprise database.

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