CLOUD COMPUTING

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S&P 500 Posts Highest Close in Nearly 4 Years

The S&P 500 rose on Friday to close at the highest level since before the collapse of Lehman Brothers in 2008, continuing a pattern of steady gains on signs of U.S. economic recovery.

Apple Mac OS X Mountain Lion: The 5 Best New Features

iOS 6
Apple announced its upcoming operating system for Mac computers on Thursday, dubbed Mountain Lion. The system's new features will make working on the Mac, and transferring that work to other Apple devices, extremely simple. Here are the five best features of the new operating system.
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Apple iPhone, Mac to Converge with New Laptop

Chief Executive Officer Tim Cook told the Wall Street Journal that the Cupertino, Calif.-based company's new Macintosh operating system, dubbed the Mountain Lion, will use several different features from the iPhone.
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AMD's CEO Prepares Chipmaker for a Fight

Advanced Micro Devices' new chief executive delivered an enthusiastic pitch in his debut before Wall Street analysts, telling them he was getting the struggling PC chipmaker fit to fight in a quick-changing computer industry.
Graphics of new Amazon Kindle tablets seen at news conference in New York

Amazon Shares Fall as Outlook Disappoints

Amazon.com Inc's shares slid 12 percent in early trade on fears that heavy spending would hurt the retailer's profits even as revenue growth falls short of Wall Street expectations.
Amazon will roll out updates for its first tablet, the Kindle Fire, in about two weeks.

Amazon Keeps Spending to Grow, Slashing Profits

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.
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SAP Bullish on 2012 after Record Results

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.
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SAP Sets Sights on Fresh Profit Record

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.
Visitors watch a presentation about cloud computing at an IBM booth

Top 10 Cloud Computing Predictions and Implications

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.
OnLive Brings Hottest Gaming Revolution on Smartphones and Tablets via Cloud

OnLive Brings Hottest Gaming Revolution on Smartphones and Tablets via Cloud

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.
A pedestrian walks past the NASDAQ building in New York City

Still Want to Bet Against Groupon? UBS Has a Gift for You

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.
Shareholders arrive for the SAP group general shareholder assembly in Mannheim

SAP to buy SuccessFactors for $3.4 Billion

Germany's SAP announced a $3.4 billion cash deal to buy U.S. Web-based software company SuccessFactors, joining the scramble among technology firms to offer cloud-computing services to businesses.

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