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DoD scraps $10bn JEDI cloud project with Microsoft

2021-07-07 02:00:00| Total Telecom industry news

Back in 2019, the US DoD announced that it was seeking to modernise its IT infrastructure by introducing the public cloud, beginning a tender process for the $10 billion JEDI contract.  Meeting the data security requirements of the US military and shifting the government’s computing power to the public cloud would be no small feat, and the contest soon became a close battle for supremacy between two of the US’s largest tech giants, Amazon&rsquo…read more on TotalTele.com »

Tags: project microsoft cloud jedi

 

Pentagon cancels $10bn 'Jedi' contract

2021-07-06 20:19:54| BBC News | Business | UK Edition

The US defence department is scrapping a cloud computing contract, which sparked a row between Amazon and Microsoft.

Tags: contract jedi pentagon cancels

 
 

Oatly IPO values Oprah-backed firm at $10bn

2021-05-20 16:47:25| BBC News | Business | UK Edition

The Swedish-based alternative milk brand has been backed by other celebrities such as Jay-Z.

Tags: values firm ipo 10bn

 

Dell spinning off VMware stake to raise nearly $10bn

2021-04-15 02:00:00| Total Telecom industry news

Last year, it was reported that Dell Technologies was considering a spinoff for its roughly $50 billion stake in cloud specialist VMWare, with the PC maker hoping that such a move would boost the value of its shares. At the time, the company was reportedly exploring all of its options, including buying the remainder of the cloud software giant&rsquo…read more on TotalTele.com »

Tags: dell raise stake spinning

 

Xiaomi to invest $10bn in electric vehicle race

2021-03-31 04:36:09| BBC News | Business | UK Edition

The Chinese phone maker is entering a competitive market to build electric cars of the future.

Tags: race electric vehicle invest

 

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