News Stocks 

Cloud and Defense Stocks Could Be Big Winners in a Trade War

“That also means that to me, any sell-off in my favorite defense names from here is simply opportunity on sale” writes Stephen Guilfoyle for thestreet.com. I also think Boeing deserves to be in my portfolio, despite any trade-related news.Keep in mind that many of your favorite cloud names are not very dependent upon Chinese revenue.Even though the defense contractors have been under pressure, watch for news on naval maneuvers in the Pacific. Source: thestreet.com Share This:

Read More
News 

Google’s Cloud TPU comes to Europe and Asia with preemptible pricing

“And preemptible pricing offers the same performance advantages as standard Cloud TPU training” writes Kyle Wiggers for venturebeat.com. In Stanford’s DAWNBench AI benchmarking competition, Google’s Cloud TPU trained a ResNet-50 model 6 times faster than non-TPU submissions, taking just 30 minutes to reach the target accuracy.Google says that training a Cloud TPU ResNet-50 — a neural network that’s often used as a benchmarking tool for AI training speed — on a database of images from scratch costs as little as $7.50.Google’s in-house tensor processing units (TPU) are packed with specialized…

Read More
News Stocks 

Oracle 4th Quarter Earnings: What to Expect

“Database and Cloud software giant Oracle (ORCL) will report fourth quarter fiscal 2018 earnings results after the closing bell Tuesday” writes Richard Saintvilus for nasdaq.com. This compares to the year-ago quarter when earnings came came to 89 cents per share on revenue of $10.94 billion.In the three months that ended May, Wall Street expects Oracle to earn 94 cents per share on revenue of $11.19 billion. And to the extent Oracle can continue growing its Cloud market share, albeit a slow growth trend, Oracle will continue to be awarded the…

Read More
News Platforms 

Uptycs raises $10 million for its security analytics platform

“Uptycs has raised $10 million for its security analytics platform that uses osquery, a universal open source endpoint agent” writes Dean Takahashi for venturebeat.com. The platform is designed to enable unified fleet visibility, intrusion detection, vulnerability management, and compliance across Linux, MacOS, Windows, containers, and cloud workloads.Uptycs is helping companies leverage the benefits of osquery quickly, and at scale.” “The Uptycs osquery-powered security analytics platform represents an inflection point in the industry,” said J. Alberto Yépez, managing director of Forgepoint Capital, in a statement. “The combination of open source software with carrier-grade architecture…

Read More
News Platforms 

Pulumi, founded by Microsoft and AWS veterans, raises $5M seed and debuts an open-source project and commercial SaaS product to help devs be cloud agnostic

“At a certain point, that stops making sense; Pulumi thinks it has found the way forward for the cloud computing era” writes Tom Krazit for geekwire.com. The Pulumi open-source project allows developers to write new multicloud-aware applications in popular languages like JavaScript, TypeScript, Python, and Go at launch, with support for Java and C# coming soon.Microsoft’s Brendan Burns, who was part of the team that created Kubernetes, the multicloud deployment darling of today’s world, proposed something similar to Pulumi last December at KubeCon.The Seattle-based startup, founded last year by veterans…

Read More
News 

The only dark cloud over the U.S. economy is Trump’s trade fights with, well, everybody

“Even if the trade disputes worsen, the harm to the U.S. economy will probably be limited for the next few months” writes Jeffry Bartash for marketwatch.com. As a result, gross domestic product is on track for heady 4%-plus growth in the second quarter “If it weren’t for trade right now, the U.S. economy would be hitting on all cylinders,” Bullard said. Source: marketwatch.com Share This:

Read More
News 

Has technology evolved beyond our control?

“As a result, we understand less and less about the world as these powerful technologies assume more control over our everyday lives” writes James Bridle for theguardian.com. Our technologies are extensions of ourselves, codified in machines and infrastructures, in frameworks of knowledge and action.The network – us and our machines and the things we think and discover together – demands it.It also meant that hackers who gained access to the then inadequately secured machines could read their owner’s Gmail passwords. Source: theguardian.com Share This:

Read More
News 

Equifax Looks to AI Leadership to Boost Tech, Security

“Citing heavy investments in data security and IT infrastructure, Equifax Inc. this week named a former IBM tech chief for Watson as its new chief technology officer” writes Angus Loten for wsj.com. There, he led a team that included cloud engineers, architects and security professionals, Equifax said in a statement.He was previously chief technology and information officer at The Weather Company, which was acquired by IBM in 2015.Last year, Equifax disclosed a massive data breach in its IT systems that compromised personal information on nearly 150 million U.S. consumers.Mark Begor, Equifax…

Read More