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CISA Eyes Competition for AWS Cloud Hosting Contract
1+ hour, 56+ min ago (192+ words) by Jane Edwards June 1, 2026, 10: 48 am The Department of Homeland Security's Cybersecurity and Infrastructure Security Agency plans to compete a follow-on contract worth more than $100 million for Amazon Web Services cloud hosting support through a certified AWS reseller. The planned procurement…...
Exclusive-EU cloud rules to curb Big Tech's access to strategic tenders, draft document shows
2+ hour, 17+ min ago (501+ words) BRUSSELS/AMSTERDAM, June 1: The European Union plans to propose strict criteria for cloud computing services in highly critical state tenders that could exclude Amazon, Microsoft and Google from such projects, according to documents seen by Reuters. The proposal is part…...
Alphabet Stock Falls 3. 8% to $375. 32 on AI Search Shift, June 01
1+ hour, 46+ min ago (290+ words) Alphabet stock fell 3. 8% to $375. 32 on AI Search concerns. Google announced biggest Search update in 25 years with AI Overviews and search agents. Meyka rates GOOGL B+ with $275. 60 target, implying 26. 6% downside. Analyst consensus remains Strong Buy with 72 buy ratings versus 7 holds. Alphabet's…...
Nvidia and Microsoft Bet the PC Can Beat the Cloud
34+ min ago (455+ words) For years, enterprise artificial intelligence has lived in the cloud. Employees typed prompts into browser windows, queries traveled to data centers and responses came back. That model suited hyperscalers. It suited corporate IT and security teams less. Nvidia and Microsoft…...
Amazon and Google Face Tougher Cloud Rules in Europe
49+ min ago (404+ words) Europe reportedly wants tougher criteria for bidding on government cloud projects. That's according to a report Monday (June 1) from Reuters, which said that this move by the European Commission (EC) could leave companies such as Amazon, Google and Microsoft locked…...
End-user public cloud spending in India to surpass $17 billion in 2026
52+ min ago (261+ words) Published - June 01, 2026 10: 05 pm IST - Bengaluru End-user spending on public cloud services in India is forecast to grow 28. 1% to total $17. 5 billion in 2026, up from $13. 7 billion in 2025, according to Gartner, Inc, a business and technology insights company. "Strong enterprise demand for AI-ready…...
Economics of cloud services: How Lvov optimizes architecture and reduces AWS costs
3+ hour, 6+ min ago (102+ words) For technology companies, server rental expenses account for a substantial share of operating budgets. As the number of users grows, many firms address rising...
Microsoft Stock Drops Eight Percent as Capital Expenditures Rise
1+ hour, 17+ min ago (305+ words) Microsoft shares decreased by approximately 8% over the past six months to around $450 as increasing capital expenditures squeezed short-term returns for investors, according to an analysis published by Forbes. The current stock price sits significantly below the high of $542 recorded in…...
Full Host Launches Canadian-Sovereign S3-Compatible Object Storage
42+ min ago (380+ words) New service keeps data in Canada while giving developers a familiar, standards-based way to store and scale unstructured data The launch comes as Canadian organizations face mounting pressure to control where their data lives. Rising regulatory scrutiny and concerns about…...
Wall Street Analysts Forecast Revenue Upside for Microsoft AI Infrastructure
2+ hour, 28+ min ago (277+ words) Wall Street analysts issued bullish projections for Microsoft stock on June 1, 2026, citing significant revenue upside from massive ongoing investments in artificial intelligence infrastructure and strategic enterprise partnerships. Morgan Stanley analyst Keith Weiss released a deep dive into the technology firm's…...