Dubai, U.A.E.

Multiple risks cloud outlook for Middle East and its neighbors: IMF

Major oil producing countries in the Middle East and its neighbors might benefit from higher crude prices in 2019, according to the latest outlook from International Monetary Fund (IMF), but there are numerous uncertainties in the region. The Fund’s latest regional economic outlook for the Middle East, North Africa, Afghanistan, and Pakistan (MENAP) region, published […]

Adobe CEO Shantanu Narayen, Microsoft CEO Satya Nadella and SAP CEO Bill McDermott announce the Open Data Initiative at Microsoft's 2018 Ignite conference in Orlando, Florida.

Major cloud tech acquisitions in 2018

Screenshot | Microsoft live stream Adobe CEO Shantanu Narayen, Microsoft CEO Satya Nadella and SAP CEO Bill McDermott announce the Open Data Initiative at Microsoft’s 2018 Ignite conference in Orlando, Florida. Legacy tech companies have been scooping up smaller cloud and software providers in massive deals throughout 2018. The consolidation comes as older enterprise tech […]

Red Hat is a 'game-changer,' makes us 'No. 1 in hybrid cloud'

Red Hat is a ‘game-changer,’ makes us ‘No. 1 in hybrid cloud’

IBM’s roughly $34 billion deal to buy open-source software provider Red Hat — the third-largest technology deal in U.S. history — will create enormous value for Big Blue, IBM Chairman, President and CEO Ginni Rometty told CNBC on Monday. In a joint interview with Red Hat President and CEO Jim Whitehurst, whose company works with […]

IBM buys Red Hat

IBM buys Red Hat for $34 billion to gain open source, cloud technologies

IBM will acquire Red Hat, an open-source technology and software distributor, for about $34 billion, the companies announced late Sunday. The deal is one of the largest tech acquisitions in U.S. history. Under the agreement, IBM will buy all of the issued and common shares of Red Hat for $190 in cash. Red Hat closed […]

Cloud illustration with padlock.

Why healthcare data may be more secure with cloud computing

In the last few years, cloud computing has moved from an option for healthcare providers to, increasingly, a business necessity. By outsourcing data management to a cloud services company, hospitals can free up their own technical staff to do more work closer to their core competencies. “Microsoft coming along with a public cloud infrastructure, once […]