List of big companies exiting Russia gets longer

01:10am, Wednesday, 09'th Mar 2022 BusinessDay
As Russia’s invasion of Ukraine continues to disrupt global markets markets, more big companies are frowning on Russia’s show of power and are taking action to show solidarity with Ukraine by exiting the world’s largest country one after the other across different sectors. About two weeks after the invasion started, at least 40 companies have left Russia or stopped the sale of their products and services in the county in no particular order. Manufacturing Car and truck makers such as General Motors Company, Ford Motor Company, Volkswagen AG, Toyota Motor Corporation, Harley-Davidson, Mercedes Benz, and Volkswagen, announced they would halt shipments to Russia or shut down assembling plants in the country. Volvo and Daimler Truck Holding AG also suspended business activities in the country. “We clearly stand for peaceful global cooperation and categorically reject any form of military force; we have decided to suspend our business activities in Russia with immediate effect until further notice,” Daimler tweeted via its official handle.

Microsoft to establish fourth data center region in India

12:21am, Wednesday, 09'th Mar 2022 Tech Wire Asia
With a population of over 1.4 billion, technology in India continues to see increasing demands as organizations continue to digitally transform to cater to the growing needs of consumers. The digital Indian economy could potentially reach a value of US$ 1 trillion by 2025. To achieve hits, the digital infrastructure has to be able to … Read more » The post Microsoft to establish fourth data center region in India appeared first on Tech Wire Asia .
Microsoft’s series of initiatives aimed at accelerating investment in Africa’s start-up ecosystem over the next five years would benefit at least 10,000 start-ups across the African continent. “Investments into Africa’s startup ecosystem are growing at an exciting pace,” says Wael Elkabbany, Managing Director, Microsoft Africa Transformation Office. According to the Organization for Economic Cooperation and […]

Google Strikes Deal to Boost Cybersecurity Standing

10:51pm, Tuesday, 08'th Mar 2022 GuruFocus
The tech giant plans to acquire Mandiant for $5.4 billion, adding value to cloud offerings Related Stocks: GOOG , GOOGL , MSFT , MNDT , MS , AMZN ,
Rival hyperscaler Microsoft saw 45% revenue growth in security last year.
Microsoft has also suspended new sales of its products and services in Russia, as the Ukrainian government steps up its pleas for assistance

Amazon joins Microsoft in halting new cloud service deals in Russia

10:32pm, Tuesday, 08'th Mar 2022 Business Journals
Amazon said it won''t bring on any new customers in Russia after its invasion of Ukraine. It''s the latest Washington-based company to suspend services or relationships in Russia.
Cogent isn''t the only large American internet provider pulling out of Russia following that country''s invasion of Ukraine. The Washington Post reports Lumen is "immediately" halting business in the country. The company is disconnecting over concerns of an "increased security risk" inside Russia, fears of government action and a desire to protect the integrity of the Internet at large. The company claimed that its services are "extremely small and very limited" in Russia, and that it only has a handful of enterprise customers. However, analysts at Kentik noted that Lumen is a major source of international data within the country, and that those customers include state-owned telecoms like Rostelecom and TransTelekom. Russia should feel the impact, in other words. This could hurt Russians'' access to internet services hosted outside of the country, and might make them reliant on state propaganda. However, it comes as many US tech companies are limiting or pulling products, including Apple , Google , Meta and Microsoft .
Amazon has stopped taking on new cloud customers in Russia and Belarus, escalating its response to the invasion of Ukraine, but stopping short of cutting off cloud services in the countries altogether. Company spokesman Drew Herdener attributed the decision to “current events and the uncertainty and lack of credit available in Russia right now” in a statement to the New York Times, which broke the story. Microsoft, which operates the rival Azure cloud computing platform, likewise said last week that it was suspending “all new sales of Microsoft products and services in Russia.” Amazon Web Services does not have data… Read More
Google Cloud''s planned acquisition of security firm Mandiant should further differentiate its cybersecurity approach from that of Microsoft.
The deal follows much speculation of a sale, with Microsoft circling the cyber company in early February and sending Mandiant’s stock up by more than 15%.
The 36-year-old Windows business is showing accelerating growth as people spend more time streaming, playing games and talking on video-calling apps on PCs.

Will Big Tech cloud companies cut off Russia?

08:12pm, Tuesday, 08'th Mar 2022 Channel NewsAsia
NEW YORK: Ukraine has urged cloud-computing and software giants including Microsoft Corp and SAP SE to cut off Russia to stop Moscow''s invasion. Here''s what''s at stake. WHAT IS UKRAINE DEMANDING? The Ukrainian ministry of digital transformation wants North American and European technology compa
Three of the vulnerabilities are rated critical -- CVE-2022-22006, CVE-2022-24501 and CVE-2022-23277.

Microsoft to build India data centre region in Hyderabad

06:39pm, Tuesday, 08'th Mar 2022 TechHerald
The Hyderabad data centre region will be an addition to the existing network of three regions in India across Pune, Mumbai and Chennai.
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