Saturday, October 24, 2015



Link to TechEye

Amazon makes tiny profit

Posted: 23 Oct 2015 06:43 AM PDT

AmazonDespite registering sales of $25.4 billion in its financial third quarter, Amazon only managed to record net income of $79 million.

However, that's an improvement on the same financial period last year, where it made a net loss of $437 million.

Amazon said net sales grew by 23 percent in the third quarter, but recorder a $1.3 billion impact from changes in foreign exchange rates.

Most of the tiny profits appears to come from its cloud business – Amazon Web Services (AWS) –  where it continues to trounce more traditional IT companies.

Amazon Web Services, it said, had more than 19,000 attendees at its customer and partner conference and introduced AWS Snowball that can transfer 50TB of data per appliance for a fifth of the cost of high speed internet.

It also released AWS IoT (internet of things), which is a managed cloud platform to connect cars, factory floors, aircraft engine manufactures, and sensor grids.

IBM bags Wipro

Posted: 23 Oct 2015 06:33 AM PDT

IBM logoWipro, a major Indian service and business company, has signed a deal with IBM to use Big Blue's Bluemix cloud development platform.

Wipro, on its part, said it will train 15,000 of its developers to use Bluemix via an online open course across 58 countries.

Wipro is to use over 100 services in IBM's public Bluemix catalogue but will also use Bluemix Dedicated. That's a private cloud version for developers to build apps that access sensitive data.

IBM gets access to Wipro's global pool of developers to release new Bluemix features.

Wipro believes that the deal it has signed with IBM will give it access to Bluemix that will benefit its customers.

No financial details of the deal were announced.

China leaps ahead on internet of things

Posted: 23 Oct 2015 06:26 AM PDT

ChinaA market research company has predicted that services revenues for the internet of things (IoT) in China will grow more than five times over the next five years.

ABI Research estimates service revenues will grow to more than $41 billion by 2020 – and China is the fastest growing of any country.

Dan Shey, VP at ABI, said that the smart metre segment is the major factor in the growth of China's IoT numbers.

He said: "It leads all other segments in both connections and revenues. In fact, by 2020, smart metre connections will exceed the next highest market segments in total connections by nearly 10 to one."

Shey said other major segments in the Chinese market include home security, automation, telematics, video surveillance, home appliances, aftermarket telematics and home monitoring.

The last will be important for China because there will be close to 340 million people aged 55 and older by 2020.

Data analytics will underline the most IoT revenues in the country because of the volume of smart metre connections, Shey said.

Information Commissioner hits out at Talktalk

Posted: 23 Oct 2015 06:19 AM PDT

Screen Shot 2015-10-23 at 14.18.56Talktalk, which saw a massive hack attack on Wednesday, has been criticised by the office of the Information Commissioner for not notifying it of the breach until a day later.

Talktalk believes that four million peoples' accounts have fallen into the wrong hands and CEO Dido Harding admits that she's not sure if the data that was stolen was unencrypted.

She apologised to all Talktalk customers and said that a criminal investigation by the Metropolitan Police has started, and that she had received a ransom demand from an individual or group purporting to be responsible for the attack.

It's believed that phone numbers, credit card numbers,and names and addresses may all have been compromised by the attack.

This is the third cyber attack Talktalk has suffered this year and the Information Commissioner is already investigating the previous two instances.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.