EghtesadOnline: The ICT company FANAP, affiliated to Bank Pasargad, is investing 400 billion rials ($3.8 million) in local cloud computing service provider Arvan Cloud Company.
EghtesadOnline: Amazon.com Inc.’s shares rose briefly just above $1,000 for the first time Tuesday, marking a new milestone for a company wooing investors by dominating online commerce and cloud computing.
EghtesadOnline: Alphabet Inc. will focus its biggest bets next year on the staid world of business software and cloud computing, a marked departure from lofty "moonshots" of recent years, such as burrito-carrying drones and super-fast internet service.
EghtesadOnline: Investment manager T. Rowe Price Group Inc expressed opposition to Oracle Corp's proposed acquisition of U.S. cloud computing company NetSuite Inc, saying the $9.3 billion deal price is too low.
EghtesadOnline: Chinese e-commerce giant Alibaba Group Holding Ltd is offering to help international technology firms such as SAP SE to enter China, a market where foreign tech companies face increased government scrutiny.