Steemit, a decentralized sharing system, lays of 70% of staff

Steemit, a distributed app designed to reward content creators, has laid off 70 percent of its staff citing “the weakness of the cryptocurrency market, the fiat returns on our automated selling of STEEM diminishing, and the growing costs of running full Steem nodes.” The remaining team will focus on reducing server costs by shrinking the size […]

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AWS launches Arm-based servers for EC2

At its re:Invent conference in Las Vegas, AWS today announced the launch of Arm-based servers for its EC2 cloud computing service. These aren’t run-of-the-mill Arm chips, though. AWS took the standard Arm cores and then customized them to fit its needs.The company says that its so-called AWS Graviton Processors have been optimized for performance and […]

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AWS Transit Gateway helps customers understand their entire network

Tonight at AWS re:Invent, the company announced a new tool called AWS Transit Gateway designed to help build a network topology inside of AWS that lets you share resources across accounts and bring together on premises and cloud resources in a single network topology. Amazon already has a popular product called Amazon Virtual Private Cloud […]

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AWS Global Accelerators helps customers manage traffic across zones

Many AWS customers have to run in multiple zones for many reasons including performance requirements, regulatory issues or fail-over management. Whatever the reason, AWS announced a new tool tonight called Global Accelerators designed to help customers route traffic more easily across multiple regions. Peter DeSantis, VP of global infrastructure and customer support at AWS speaking […]

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Amazon Comprehend adds customized language lists to machine learning tool

Last year Amazon announced Comprehend, a natural language processing tool to help companies extract common words and phrases from a corpus of information. Today, a week ahead of its Re:invent customer conference, Amazon announced an enhancement to Comprehend that allows developers to build lists of specialized words and phrases without machine learning domain knowledge. “Today […]

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Africa Roundup: Local VC funds surge, Naspers ramps up and fintech diversifies

Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor Tarform debuted new e-motorcycles but is there a U.S. market? Naspers announces $300 million initiative to support startups and tech in South Africa Africa’s VC landscape is becoming more […]

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What each cloud company could bring to the Pentagon’s $10 B JEDI cloud contract

The Pentagon is going to make one cloud vendor exceedingly happy when it chooses the winner of the $10 billion, ten-year enterprise cloud project dubbed the Joint Enterprise Defense Infrastructure (or JEDI for short). The contract is designed to establish the cloud technology strategy for the military over the next 10 years as it begins […]

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Salesforce, AWS expand partnership with secure data sharing between platforms

Salesforce and Amazon’s cloud arm, AWS, have had a pretty close relationship for some time, signing a $400 million deal for infrastructure cloud services in 2016, but today at Dreamforce, Salesforce’s massive customer conference taking place this week in San Francisco, they took it to another level. The two companies announced they were offering a […]

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Coinbase hires Fannie Mae exec Brian Brooks as chief legal officer

Coinbase has made yet another addition to its C-suite. The cryptocurrency trading platform has hired Brian Brooks, the former executive vice president, general counsel and corporate secretary of Fannie Mae, as its chief legal officer. The hiring is part of the company’s effort to expand its legal, compliance and government affairs teams. Mike Lempres, who […]

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VMware pulls AWS’s Relational Database Service into the data center

Here’s some unusual news: AWS, Amazon’s cloud computing arm, today announced that it plans to bring its Relational Database Service (RDS) to VMware, no matter whether that’s VMware Cloud on AWS or a privately hosted VMware deployment in a corporate data center. While some of AWS’s competitors have long focused on these kinds of hybrid […]

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Alibaba continues to gain cloud momentum

When Alibaba reported its earnings yesterday, the cloud data got a bit buried in other stories, but it’s worth pointing out that its cloud business grew 93 percent in the most recent quarter to $710 million. That’s down a smidgen from the gaudy triple digit growth of last report, but their market share has doubled […]

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