August 8, 2026

Charm – Daily News

Tag: Cloud Computing

Technology that Oracle founder Larry Ellison called "complete gibberish" is what has made him the second richest man on Earth, beating Jeff Bezos and Mark Zuckerberg

Technology that Oracle founder Larry Ellison called “complete gibberish” is what has made him the second richest man on Earth, beating Jeff Bezos and Mark Zuckerberg

Cs news04 mins

Oracle founder Larry Ellison, who once mocked cloud computing as “complete gibberish,” is now the second-richest person on Earth, overtaking Amazon’s Jeff Bezos and Meta’s Mark Zuckerberg. With a net worth of $288 billion, he is behind Elon Musk who has a net worth of $3379 billion, as per Bloomberg Billioniare Index. The reason: Oracle’s…

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Tesla grants CEO Elon Musk $29 billion pay package

Fortune Tech: Perplexity’s Chrome bid, Apple’s Musk problem, Russia links to court hack, CoreWeave drops

Cs news010 mins

Good morning. In honor of Perplexity’s unsolicited $34.5 billion bid to acquire Google’s Chrome web browser amid U.S. antitrust scrutiny—a figure well beyond the San Francisco AI startup’s $18 billion valuation!—five things I’d like to place an unsolicited bid on with someone else’s money: But please, Marc—keep the disco ball. Today’s tech news below. —Andrew…

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Why Amazon (AMZN) Shares Are Getting Obliterated Today

Why Amazon (AMZN) Shares Are Getting Obliterated Today

Cs news04 mins

Shares of cloud computing and online retail behemoth Amazon (NASDAQ:AMZN) fell 7.8% in the afternoon session after the company reported disappointing second-quarter results and provided a weak forecast for future growth. The e-commerce and cloud computing giant pointed to slowing growth in its key Amazon Web Services (AWS) division and higher operating costs. Management explained…

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US tech titan earnings rise on AI as economy roils

US tech titan earnings rise on AI as economy roils

Cs news07 mins

Amazon Web Services, the cloud computing division at the e-commerce giant helped power quarterly earnings that beat market expectations (RONNY HARTMANN) Tech giants Amazon, Apple, Meta and Microsoft this week eclipsed earnings expectations, cashing in on artificial intelligence (AI) while navigating economic waters roiled by US tariffs. “Massive results seen by Microsoft and Meta further…

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