Parent company Alphabet Inc. posted second-quarter results that walloped Wall Street expectations, while Chief Executive Officer Sundar Pichai hinted at new untapped advertising opportunities and highlighted growth at video service YouTube and the...
IBM may have won back some investors’ trust after posting renewed sales growth, but it’s been driven mostly by older business units instead of the newer technology the company touts as key to its future.
IBM has been asking investors to focus on what it calls strategic imperatives -- a collection of newer businesses like cloud computing, AI and security software. The cloud business grew 18 percent, adjusting for currency changes, to $4.7 billion...
Megan Quinn, general partner at Spark Capital, tweeted that Amazon’s cloud competitors at Google should be delighted: “Diane Greene is the only person celebrating Amazon Prime Day so far,” referring to Google’s cloud chief.
As Salesforce’s core sales cloud has saturated the customer-relationship management tool market, which it dominates, the San Francisco-based company has sought to drive growth in other areas, including marketing.
The Microsoft CFO has partnered with CEO Satya Nadella to turn the company around, becoming more influential than previous Microsoft CFOs and translating her boss’s strategy and product priorities into precise spending plans and forecasts. She has...