📅 - Tuesday, the European Union announced that Apple will be forced to repay $14.5 billion after ten years of tax breaks in Ireland. A fine that large would be detrimental to most companies' futures, but Apple is not most companies.
The $14.5 billion fine equals to only 6% of its cash and investments as of June. Over the course of one year, Apple makes nearly four times more than the tax penalty.
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📅 - Biggest Merger in Technology Business History Nears - The largest merger between technology companies in history is close at hand. Dell and EMC have announced plans to close the $67 billion merger on Wednesday, September 7. After the deal is closed, the new company will operate under the name Dell Technologies.
Dell Chairman and CEO, Michael Dell had this to say, “Combined, we will be exceptionally well-positioned for growth in the most strategic areas of next generation IT including digital transformation, software-defined data center, converged infrastructure, hybrid cloud, mobile and security.”
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📅 - PayPal Shopping for Cloud and Google is Current Top Choice - According to a report from CNBC, PayPal is shopping for a public cloud vendor and Google is their current top choice. If PayPal chooses Google, it will be a huge win for the company over Microsoft and AWS.
PayPal processes nearly $11,000 of payments every second with more than 188 million active accounts. Choosing the right cloud vendor is a big deal and the hybrid approach from Google seems to be a good fit for ...
📅 - GoDaddy warns Customers of Phishing Email Scams - GoDaddy customers have become the target of a phishing campaign. Someone is sending fake support emails with a warning about email storage to GoDaddy customers. This email has been identified by Comodo Threat Research Labs as a scam, even though it appears to come from support@godaddy.com.
The email may look legitimate, at first, but when looking at the links, it becomes very obvious it's a scamp. GoDaddy customers should be on alert for these emails and always contact support directly or check your actual GoDaddy account before clicking on any of the links in one of these emails.
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📅 - Cisco Officially Enters Container Market with ContainerX Acquisition - Cisco (CSCO), the well-known networking enterprise, officially entered the container market when they announced their intent to acquire the virtual container startup ContainerX. ContainerX is based in San Jose, California.
A representative from the company said their technology “provides the capability to control containers running under Linux or Windows. In addition, it is compatible with bare metal or virtual machines and can be deployed on a public or private cloud.”
The terms of the acquisition have yet to be disclosed.
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📅 - Global Cloud Computing Company Huawei Looking to Sell - Huawei Technologies is looking to become a large player in the market for cloud computing gear and software. They have an aim of $10 billion in business by the close of 2020. Huawei is a Chinese company that's growing fast. They plan to keep investing in the cloud, while growing the server, chip and equipment supply side of their company.
The company has already started to work with foreign firms, such as Intel and SAP SE. Huawei isn't looking to compete with AWS or Google, as they want to actually supply the components for cloud infrastructure to companies in health care, education and other markets.
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📅 - Cochin Web Host Introduces New SSD Hosting - Cochin Web Host recently announced their plans to introduce new SSD Hosting for their customers. It will be a part of their already wide range of hosting offers, which includes standard web hosting, email hosting, dedicated servers, VPS hosting and reseller hosting.
Cochin is headquartered in Cochin, Kerala, India and the new SSD hosting will be a premium service. The new offering is being made do help ensure high quality hosting from the company for its ...
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