Latest news with #cloudcustomers
CNA
4 days ago
- Business
- CNA
Cisco forecasts first-quarter revenue above estimates
Cisco Systems forecast first-quarter revenue above Wall Street estimates on Wednesday, as the artificial intelligence boom boosted demand for its networking equipment from cloud customers. The company expects its revenue to be between $14.65 billion and $14.85 billion for the quarter, compared with analysts' average estimate of $14.62 billion, according to data compiled by LSEG.
Asharq Al-Awsat
16-06-2025
- Business
- Asharq Al-Awsat
Microsoft Lays Out Data Protection Plans for European Cloud Customers
Microsoft on Monday said data stored by its European cloud customers would stay in Europe, under European Law, with operations controlled by its local personnel, and under full control of customers. European companies and governments have been increasingly worrying about their data being moved outside the continent into the hands of other countries such as the US, pushing the American companies such as Microsoft to announce safeguards. Microsoft in April laid out plans to protect user data as it expands its cloud and AI infrastructure in Europe, including respecting European laws seeking to rein in the power of large technology companies. On Monday, the company said all remote access by Microsoft engineers to the systems that store and process European data would be approved and monitored by European resident personnel in real-time. Microsoft said its sovereign private cloud is in preview mode currently and will be generally available later this year.
Reuters
16-06-2025
- Business
- Reuters
Microsoft lays out data protection plans for European cloud customers
STOCKHOLM, June 16 (Reuters) - Microsoft (MSFT.O), opens new tab on Monday said data stored by its European cloud customers would stay in Europe, under European Law, with operations controlled by its local personnel, and under full control of customers. European companies and governments have been increasingly worrying about their data being moved outside the continent into the hands of other countries such as the U.S., pushing the American companies such as Microsoft to announce, opens new tab safeguards. Microsoft in April laid out plans to protect user data as it expands its cloud and AI infrastructure in Europe, including respecting European laws seeking to rein in the power of large technology companies. On Monday, the company said all remote access by Microsoft engineers to the systems that store and process European data would be approved and monitored by European resident personnel in real-time. Microsoft said its sovereign private cloud is in preview mode currently and will be generally available later this year.
