Fujitsu is shutting down its worldwide K5 public cloud business and bets on Microsoft Azure consulting services, according to a report. OpenStack-centric clouds shift to key niches instead of competing against Azure, Amazon Web Services (AWS) & Google Cloud Platform (GCP).
WorkSmart acquires CDI Managed Services’ small & midsize business (SMB) clientele -- which includes customers in Atlanta, Georgia & the New York Metro area.
Carl Icahn acquires 8.3% of Dell Technologies' DVMT Class V shares. Activist investor opposes Michael Dell's plan to return the company to public markets.
Following Hurricane Michael, the U.S. Small Business Administration (SBA) and the Florida Small Business Emergency Bridge Loan Program offer low-interest financing to companies affected by the storm.
Costco investigates an "internal control" issue that apparently involves privileged access to the company's IT and financial systems. CFO Richard Galanti shares some details during Costco's earnings call.
Cloudera & Hortonworks will merge to create a $720 million big data software company. The deal pursues cloud data management growth opportunities, but also includes cost-cutting measures amid overlapping products. Among the deal's critics: Rival MapR.
Splunk.conf 2018, the software company's customer conference, attracts 10,000 attendees. Major partner, data analytics, monitoring and SIEM (security information and event management) developments are expected.