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Nico Grant

Xerox withdraws 2020 guidance

Xerox withdraws annual revenue forecast after posting loss due to virus

Xerox reported results for the first time after it announced calling off its efforts to take over HP due to the economic uncertainties caused by the pandemic.
Zoom has 19 data centers, which are shared with other tenants, and also uses cloud-computing services from Amazon.com Inc. and Oracle Corp.

Zoom introduces new call controls for paid users amid privacy concerns

Zoom has gone from being used by 10 million office workers a day to more than 200 million people, including many consumers.
Chief Financial Officer Tarek Robbiati said HPE wouldn’t produce any revenue growth this year, citing the supply chain disruptions

Hewlett Packard Enterprise reports sales that miss estimates on weak server demand

HPE’s server sales decreased 16% to $3.01 billion in the period ended Jan. 31 because of macro uncertainty, supply chain disruption and a factory consolidation.
HP will increase share repurchases to $15 billion from a $5 billion program announced in October.

HP will return $16 billion to investors, boost cost cuts to parry Xerox bid

HP has announced it will return $16 billion to shareholders, primarily through buybacks, and boost cost cuts, trying to rally investors against Xerox Holdings Corp. for control of the world’s second-largest personal computer maker.
Microsoft was among the investors in the $250 million financing

Microsoft invests in ‘Boring AI’ startup valued at $2.75 billion

Databricks sells tools that pool a company’s databases and apply a form of artificial intelligence to search for meaningful information.
Since becoming a major provider of cloud computing, Amazon has moved to toss out its Oracle software.

Amazon will soon stop using Oracle software for database management

Oracle Executive Chairman Larry Ellison had ridiculed Amazon last month for relying on Oracle databases to track transactions and store information
Photoshop that will be available on Apple’s iPad for the first time

Adobe shifts attention to mobile as it launches Photoshop for Apple iPad

With Photoshop CC, Adobe has stepped up its multi-device strategy to capture creative professionals and hobbyists who enjoy working on touchscreens.
Facebook CEO Mark Zuckerberg has to testify before Congress and US lawmakers on the company’s recent data leak scandal.

Facebook data scandal has left Zuckerberg isolated in tech

Facebook has been facing criticism from tech giants like Tesla’s Elon Musk and Apple’s Tim Cook.

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