Stories by Reuters

FireEye cloud subscription pivot pays off

By Reuters | 30 October, 2019 10:34

Cyber security vendor FireEye has raised its annual revenue guidance and forecast fourth-quarter revenue above analysts' estimates, helped by a rise in cloud subscriptions.

Google's cloud push hits Alphabet profit

By Reuters | 29 October, 2019 11:34

Google parent Alphabet reported quarterly results that show costs continue to rise faster than revenue as the web search leader seeks to broaden its business

Former Cisco engineers raise US$278M for startup

By Reuters | 17 October, 2019 09:30

​A cloud startup founded by a group of four ex-Cisco engineers has raised US$278 million to fund products that aim to help the data centres of customers like investment banks function more like those of cloud computing providers.

Is Tech Data poised for a $5B buyout?

By Reuters | 16 October, 2019 14:10

Private equity firm Apollo Global Management has approached Tech Data with an offer to acquire the company for US$5 billion, people familiar with the matter have said.