📅 - Expectations of Alibaba Group Holding Ltd. quarterly sales were shattered as the company exceeded earlier projections. The company reported on Wednesday a 55 percent increase in revenue, growing even as the Chinese economy appears to be slowing.
“At this rate, Alibaba's cloud unit could break even as soon as next quarter. The company's ability to make money from advertisers on its core e-commerce platforms has also improved.” reported Li Muzhi, a Hong Kong based analyst at Arete Research Services LLP.
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📅 - Stronger IoT Security Called for by Smart Card Alliance due to DDoS Attacks - After the Dyn DDoS Attack, Brian Kres, a security researcher is calling for the industry associations to handle the IoT security issues. This led to a statement from the Smart Card Alliance, which stated that security should be embedded in internet-facing systems and devices, just as it should be in smart cards.
With the estimate of 21 billion devices being connected to the internet by 2020, it's important to secure every device. The Alliance believes some of the reasons for the attacks is the growing number of devices connected to the internet.
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📅 - CEO of Automattic Says Wix is Using Proprietary Code - CEO Matt Mullenweg has called out Wix in a blog posts put up last week. He is claiming that Wix is using proprietary code from the WordPress mobile app, which is protected under the general public licenses, GPLs.
It's not clear whether Wix has violated any GPL, but the two companies may be testing the limits of GPLs very soon. Mullenweg already stated if Wix doesn't release the app as GPL, he isn't afraid to go to court over ...
Amazon, IBM, Microsoft and Google are the largest cloud providers in the world with more than half of the worldwide market share and it's growing every day. AWS also has nearly the same amount of Public PaaS as Salesforce, IBM and Microsoft combined. However, IBM is the dominate company in the Managed Private Cloud Sector.
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📅 - Microsoft Claims Russian Hackers Exploiting Windows - Tuesday, Microsoft reported a Russian hacking group had been taking advantage of a newly found Windows security flaw. The group known as Strontium, or more commonly known as “Fancy Bear”, allegedly has close ties to the Russian government and has been involved in previous U.S. political cyber attacks.
Microsoft posted a message on their website advising of a small number of “spear phishing” email attacks, although the company did not name the victims.
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📅 - AWS Aims for 40% Renewable Energy with New Wind Farm - Amazon Web Services, or AWS, is the largest entity in the public cloud market – and consequentially, one of the largest energy users in the industry. An incredible amount of energy is required to run AWS data centers, and the company is taking steps to reduce and offset that amount with their new wind farm.
AWS announced the construction of their new 189 megawatt wind farm in Ohio this week. The Hardin County wind farm will generate around 530,000 megawatt hours (MWh) of what is considered renewable electricity annually. The wind farm will be in use by December 2017.
It is AWS' second such farm in Ohio, and combined with their current wind farm, they will produce around 2.2 million MWh of
📅 - Wall Street Journal Says IT Industry Outlook ‘Holds Steady’ - The IT industry in the United States appears to have an optimistic outlook for the future, according to reports from the Wall Street Journal citing research by IT trade group CompTIA. Cloud providers, tech firms, software vendors, and other IT industry components are going strong in the fourth quarter, with IT industry business confidence index numbers at 61.7 out of 100.
Gains in IT company self-assessment of their own health were also apparent in the reports, with more IT companies saying they were on target to meet or surpass year-end goals – a record 82%. The reports looked at executives and senior management at more than 280 IT firms and companies than span across industry sectors. Abo