cloud computing

Microsoft reports Q4 earnings, Xbox content and services down 4 percent

Source Node: https://dotesports.com/business/news/microsoft-reports-q4-earnings-xbox-content-and-services-down-4-percent
Time Stamp: July 27, 2021 5:10 PM - Modified On: July 27, 2021 - Published By:
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Microsoft held an investor meeting recently that detailed its results for the fourth quarter of the 2021 fiscal year (April 1 to June 30, 2021), which included overall revenue growth of 21 percent to $46.2 billion. The main driver for this revenue growth wasn’t the computing division, however, like in the previous quarter. Instead, it was the Intelligent Cloud segment, which consists of server products and cloud services. That segment revenue was $17.4 billion (37.66 percent of total revenue) and increased by 30 percent compared to the previous quarter. Azure’s

Cloud gaming service Shadow taken over by OVHcloud founder

Source Node: https://techcrunch.com/2021/04/30/cloud-gaming-service-shadow-taken-over-by-ovhcloud-founder/
Time Stamp: April 30, 2021 12:40 PM - Modified On: April 30, 2021 - Published By:
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Blade, the French startup behind cloud gaming service Shadow, has been acquired by Octave Klaba’s fund following a commercial court order. Klaba is better known as the founder of OVHcloud, a French cloud hosting company. He’s acquiring Blade (and Shadow) through his investment fund Jezby Ventures — not OVHcloud. Shadow is a cloud computing service for gamers. People can pay a monthly subscription fee and gain access to a gaming PC in a data center. You can connect to this PC from your computer, a smartphone, a tablet or a smart

How 5G is turning cloud gaming into growth opportunities

Source Node: https://venturebeat.com/2021/04/29/how-5g-is-turning-cloud-gaming-into-growth-opportunities/
Time Stamp: April 29, 2021 3:29 PM - Modified On: April 29, 2021 - Published By:
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“With shorter latency times, less jitter, and less packet loss in mobile gaming, 5G brings the ability for true cloud gaming services to become more of a reality by bringing the world closer together,” said Tim Guhl, vice president of sales at Singtel. Guhl was in conversation with Lisa Hanson, founder and president of Niko Partners, during the 12th annual GamesBeat Summit. This year, the summit’s theme is “Growing the next generation,” and Guhl explored how 5G is permanently cutting the cord, changing the world of gaming, with the potential

Former IBM CTO of Esports Launches Generation Esports and Video Games

Source Node: https://esportsobserver.com/former-ibm-launches-generation/
Time Stamp: March 31, 2021 2:39 PM - Modified On: March 31, 2021 - Published By:
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After working for nearly 11 years working at IBM, Bill Le Voir-Barry announced in February that he was leaving the company, though it turns out it was not a completely voluntary exit. Le Voir-Barry served as the chief technology officer of esports and gaming for nearly three years and nearly eight years in other roles at IBM. “So at the time IBM was going through some changes, and to be very frank, I was offered other positions within the company that would take me far away from esports and video

Seattle’s newest unicorn: Rec Room raises $100M as social gaming popularity fuels big growth

Source Node: https://www.geekwire.com/2021/seattles-newest-unicorn-rec-room-raises-100m-social-gaming-popularity-fuels-big-growth/
Time Stamp: March 24, 2021 1:04 AM - Modified On: March 24, 2021 - Published By:
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(Rec Room Image) Seattle-based Rec Room has raised $100 million in new funding. The game development startup is now valued at $1.25 billion after an explosive year of growth in which players used the platform to connect during the COVID-19 pandemic. It’s the latest Seattle-area startup to reach “unicorn” status with a $1 billion valuation or more. On a video call from the hospital where he and his wife welcomed a baby boy over the weekend, CEO and co-founder Nick Fajt was excited about the 5-year-old startup he’s been raising

Discord’s reported $10B exit; Compass and Intermedia Cloud Communications set IPO price ranges

Source Node: https://techcrunch.com/2021/03/23/discords-10b-exit-compass-and-intermedia-cloud-communications-set-ipo-price-ranges/
Time Stamp: March 23, 2021 10:52 AM - Modified On: March 23, 2021 - Published By:
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It’s demo day for the current Y Combinator class, so we’ll have a largely early-stage focus at TechCrunch today. But there’s also a host of late- and super-late-stage news this morning that matters. Let’s get to all of it before we start to talk accelerators, overheated pre-seed valuations and the like. The Exchange explores startups, markets and money. Read it every morning on Extra Crunch, or get The Exchange newsletter every Saturday. There are three things to discuss. First, the possible $10 billion exit of Discord to Microsoft. Discord is

Innovecs Announces AWS Select Consulting Partner Status in AWS Partner…

Source Node: https://www.prweb.com/releases/innovecs_announces_aws_select_consulting_partner_status_in_aws_partner_network/prweb17750278.htm
Time Stamp: March 2, 2021 7:00 PM - Modified On: October 29, 2021 - Published By:
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AWS Select Consulting Partner Status Our clients are used to expecting excellence in both AWS and Innovecs's solutions, and our dedicated AWS-trained professionals are looking forward to delivering even more offerings from cloud applications, platforms, infrastructure, digital migration, to end-to-end cloud strategy. NEW YORK (PRWEB) March 03, 2021 Innovecs has recently achieved Amazon Web Services (AWS) Select Consulting Partner status in the AWS Partner Network (APN). Using AWS, Innovecs is able to build and integrate cloud solutions that aim to enhance its clients’ businesses and help them benefit from the

IBM Signs Deal With Overwatch League

Source Node: https://esportsobserver.com/ibm-signs-overwatch-league/
Time Stamp: October 8, 2020 11:58 PM - Modified On: October 8, 2020 - Published By:
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IBM says it is making its first foray into esports with a new deal with Overwatch League, where it will showcase its Watson artificial-intelligence system and cloud computing products. The deal is being announced this morning, and it starts with the ongoing 2020 Grand Finals, plus he 2021 and 2022 OWL seasons. Financial terms were not disclosed. As part of the deal, IBM becomes the official AI, cloud, and analytics partner of OWL. OWL will use IBM’s suite of analytics tools including Watson AI and machine learning to process in-match

VCs see opportunities for gaming infrastructure startups and incumbents

Source Node: https://techcrunch.com/2020/05/08/startup-opportunities-in-gaming-infrastructure/
Time Stamp: May 8, 2020 1:01 PM - Modified On: May 8, 2020 - Published By:
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As the infrastructure for developing games becomes more advanced, studios have turned to buying best-in-class technology from others instead of building everything from scratch (often with inferior quality). This shift underpinned Unity’s rise as the most popular game engine. The current focus on games as ever-evolving social hubs that can remain popular for a decade requires investment in “live ops” to keep updating the game with new features and experiences, only adding to a game studio’s responsibilities. There are big movements in gaming right now to make games cross-platform (not