Oracle Confirms Deal with Meat, Sees AI Cloud Margin Up to 40% to Reassure Investors

Oracle last month was reported to discuss with Meta for a multi-year cloud computing deal worth about $20 billion. Under the ...

Oracle’s Ambitious Vision: Projecting $166 Billion in Cloud Revenue by 2030

Oracle has put forth a bullish forecast for its future, projecting that its Cloud Infrastructure revenue will soar to $166 billion by 2030.
CSOonline

Cloud computing security chaos continued at RSA Conference 2018

My esteemed colleague Doug Cahill did a great job at the RSA Conference with a killer presentation on hybrid cloud security. Unfortunately, Doug’s presentation occurred on Thursday afternoon, when ...

NXP, Amazon partner to connect cars to cloud computing services

Dutch chipmaker NXP Semiconductors on Tuesday said it had entered a strategic relationship with Amazon.com's cloud computing unit to help cars communicate with data centers.
JournalofAccountancy

FASB’s new cloud computing standard reduces complexity

Many companies and accounting firms have been focusing on new standards on revenue recognition and accounting for leases, hedging, and credit losses. But another new FASB standard — on cloud computing ...