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Amazon Reveals Just How Profitable the Cloud Can Be

For the first time ever, the company disclosed financials for its cloud computing operation, Amazon Web Services, and the Street was shocked to discover that not only was the business

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Infosys invests in cloud, health monitoring market

Indian outsourcer Infosys has made an acquisition in the area of cloud computing and invested in a personal health monitoring company as it tries to move into high value products

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Microsoft Surges 10%: All About the Cloud

Shares of Microsoft (MSFT) surged $4.53, or 10.5%, to close at $47.87, after the company Thursday afternoon crushed fiscal Q3 revenue estimates and said its cloud computing business is on

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