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☆ Watch CNBC's full interview with Baird's Will Power and Mighty Capital's SC Moatti
  + stars: | 2022-11-22 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Baird's Will Power and Mighty Capital's SC MoattiBaird's Will Power and Mighty Capital's SC Moatti join 'TechCheck' to discuss Zoom software changes, understanding differences between cloud service providers and competition within the software sector.
☆ Two takes on the software space with Baird's Will Power and Mighty Capital's SC Moatti
  + stars: | 2022-11-22 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTwo takes on the software space with Baird's Will Power and Mighty Capital's SC MoattiBaird's Will Power and Mighty Capital's SC Moatti join 'TechCheck' to discuss Zoom software changes, understanding differences between cloud service providers and competition within the software sector.
☆ Nvidia revenue falls 17% but data center growth remains strong
  + stars: | 2022-11-16 | by ( Kif Leswing | ) www.cnbc.com   time to read: +3 min
Nvidia reported fiscal third-quarter results on Wednesday for the period ending in October with sales beating analyst expectations but earnings per share coming in light. A brighter spot was Nvidia's data center business, which reported $3.83 billion in sales, up 31% year-over-year. Nvidia attributed the growth to sales to U.S. cloud service providers and consumer internet companies. Nvidia said that the reduced sales from the GPUs barred in China would be largely offset by its alternative products. The company's "other" category reported $73 million in revenue.
☆ Nvidia's quarter fails to excite but offers enough hope that October's bottom can hold
  + stars: | 2022-11-16 | by ( Zev Fima | ) www.cnbc.com   time to read: +12 min
That said, encouragingly, the team expects Gaming inventory levels to approach normal levels as we enter calendar year 2023. Fourth quarter guidance was underwhelming, but it was encouraging to hear management say they expect to see sequential growth in Data Center, Gaming, and Automotive. Segment Q3 sales Data Center revenue grew 31% to $3.83 billion, a tad short versus the $3.84 billion consensus. Gaming revenue fell 51% to $1.57 billion, but it was better than expectations of $1.33 billion. Capital Allocation In its fiscal third quarter, Nvidia returned a total of $3.75 billion to shareholders via dividends and buybacks.
☆ Partners Group buys data center platform EdgeCore Digital with $1.2 bln investment
  + stars: | 2022-11-11 | by ( Krystal Hu | ) www.reuters.com   time to read: +1 min
Nov 11 (Reuters) - Swiss private investment company Partners Group Holding AG (PGHN.S) is investing up to $1.2 billion in U.S. data center operator EdgeCore Digital Infrastructure, the private equity firm told Reuters. Partners Group will use the fund to acquire a majority stake in EdgeCore and help it build out new data center sites across the United States, the latest of Partners' investment in data center assets. Some of the themes include cloud computing, machine learning, artificial intelligence, 5G and mobile," said Ed Diffendal, managing director at Partners Group. In 2021, Partners Group made four digital infrastructure investments, including acquiring atNorth, the largest data center operator in Iceland. Founded in 1996, Partners Group manages $119 billion across private equity, real estate, infrastructure, credit and secondaries globally.
☆ AMD launches data center CPU 'Genoa', taps Google, Microsoft as customers
  + stars: | 2022-11-10 | by ( Jane Lanhee Lee Chavi Mehta | Jane Lanhee Lee | Chavi Mehta | ) www.reuters.com   time to read: +2 min
[1/2] Handout image shows 4th Gen AMD EPYC processor, launched by AMD on November 10, 2022, in this undated handout image. AMD/Handout via REUTERSNov 10 (Reuters) - Advanced Micro Devices Inc (AMD.O) launched its latest data center chip on Thursday and said Microsoft Corp's (MSFT.O) Azure, Alphabet-owned (GOOGL.O) Google Cloud and Oracle Corp would be some of its customers. "What that means for enterprises and for cloud data centers is that it translates into lower capex, lower opex and lower total cost of ownership," she said. Genoa launches at a time when rival Intel Corp's (INTC.O) latest data center chip, code named Sapphire Rapids, has struggled with delays. "IDC expects AMD will stay on track, continue building up market share in public cloud deployments," said Ashish Nadkarni, datacenter and cloud analyst at IDC.
☆ Microsoft Faces Fresh Antitrust Complaint in Europe
  + stars: | 2022-11-09 | by ( Kim Mackrael | ) www.wsj.com   time to read: 1 min
Microsoft said it introduced licensing changes this fall that give customers and cloud providers more options for running and offering its software. BRUSSELS— Microsoft Corp. faces an antitrust complaint from a European industry group over its cloud services, adding to recent allegations of anticompetitive behavior against the U.S. tech company. Cloud Infrastructure Service Providers in Europe, or Cispe, a trade group which includes Amazon.com Inc. among its members, said it filed the complaint with the bloc’s competition regulator, the European Commission, on Tuesday. The complaint alleges that Microsoft uses its dominance in productivity software to direct customers in Europe to its Azure cloud service and makes it difficult for them to switch to other cloud service providers, the trade group said.
☆ Microsoft faces new EU antitrust complaint on cloud computing practices
  + stars: | 2022-11-08 | by ( Foo Yun Chee | ) www.reuters.com   time to read: +2 min
BRUSSELS, Nov 9 (Reuters) - Microsoft (MSFT.O) faces a new antitrust complaint over its cloud computing practices as trade group CISPE, whose members include Amazon (AMZN.O), took its grievance to European Union antitrust regulators on Wednesday. CISPE has alleged that Microsoft's new contractual terms imposed on Oct. 1 together with other practices are irreparably damaging the European cloud computing ecosystem. Amazon is the market leader in the cloud computing sector, followed by Microsoft and Alphabet unit Google . Rivals Amazon.com (AMZN.O), Alphabet's (GOOGL.O) Google, Alibaba (9988.HK) and Microsoft's own cloud services however are excluded from the changes. The Commission could also add another provision to newly adopted tech rules, known as the Digital Markets Act, prohibiting cloud computing gatekeepers from favouring their software applications, CISPE said.
☆ Intel trims full-year forecast, battered shares rise
  + stars: | 2022-10-27 | by ( Chavi Mehta Jane Lanhee Lee | Chavi Mehta | Jane Lanhee Lee | ) www.reuters.com   time to read: +4 min
Oct 27 (Reuters) - Chipmaker Intel Corp (INTC.O) on Thursday cut its full-year profit and revenue forecast and warned it would lay off staff, but a stronger-than-expected performance at its personal computers segment helped send shares higher. Intel also cut its capital spending forecast for this fiscal year to $25 billion from a previous forecast of $27 billion. Intel has been losing market share in the data center market and Gelsinger said it lost market share again in the third quarter. But he said Intel gained "meaningful" market share improvement in the PC segment in the third quarter. Intel trimmed its full-year adjusted earnings per share forecast to $1.95 from $2.30.
☆ Amex Platinum vs Amex Business Platinum: Both offer outstanding welcome bonuses and perks and have the same annual fee — here's how to decide which card is best for you
  + stars: | 2022-03-22 | by ( David E. Slotnick | Jasmin Baron | Senior Reporter | ) www.businessinsider.com   time to read: +36 min
Keep reading to see how the Platinum Card and the Amex Business Platinum Card differ, and to decide if either is right for you. Apply and select your preferred metal Card design: classic Platinum Card®, Platinum x Kehinde Wiley, or Platinum x Julie Mehretu. Amex Business Platinum Card: The Amex Business Platinum Card offers a bonus of 120,000 Membership Rewards® points after spending $15,000 on eligible purchases with your card within the first 3 months of card membership. Annual feesBoth versions of the Platinum card have the same annual fee, ever since the Amex Business Platinum Card's fee increased to $695. Finally, the Platinum Card and the Amex Business Platinum Card come with a Priority Pass membership**.
☆ It's your last month to use credit card benefits that reset each calendar year — and avoid missing out on valuable statement credits and bonuses
  + stars: | 2021-12-27 | by ( Eric Rosen | Read More | Read Less | ) www.businessinsider.com   time to read: +39 min
Make sure you use up credit card statement credits and meet spending thresholds for bonuses by December 31. Milos Dimic/GettySome credit card perks, such as statement credits or spending bonuses, reset each calendar year. When using a credit card, it's important to pay your balance in full each month, make payments on time, and only spend what you can afford to pay. More Information Earn 80,000 Membership Rewards® points after you spend $6,000 on purchases on your new Card in your first 6 months of Card Membership. The Southwest Rapid Rewards® Premier Credit Card,Chase Southwest Rapid Rewards® Priority Credit Card, and Southwest® Rapid Rewards® Performance Business Credit Card all earn Tier Qualification Points (TQPs) toward elite status based on spending.
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