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Newvem, which already kept taps on Amazon EC2 instances, is now adding S3 storage to the services it monitors and analyzes for customers. The goal is to help them pick the right storage tier for their different data sets, Newvem president Zev Laderman said. Read more »

Mimecast CEO Peter Bauer
photo: Mimecast

Mimecast, which bills itself as a unified email specialist, has $62 million in new Series C funding from private equity firm Insight Venture Partners. The UK-based company plans to build more applications that tap into customers’ unstructured data and boost its presence in North America. Read more »

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The server rooms at Facebook's data center

In its series on data centers and power the New York Times ignored many of the strides the industry is making toward energy efficiency, but it the bigger problem is that it ignored the potential of the web to reduce our energy consumption. Read more »

Oracle CEO Larry Ellison

Oracle’s still fighting to recover, recoup and profit from its $7.4 billion buyout of Sun Microsystems three years ago. In its first quarter, Oracle’s overall hardware business was off 24 percent year over year despite “triple-digit growth” in engineered systems like Exadata. Read more »

OpenStack logo long

The OpenStack Foundation is official as of Wednesday with a new 24-person board, $10 million in funding, 5,600 members, and a mandate to promote flexible open-source cloud infrastructure. Question: Will the foundation echo the success of Eclipse or the failure of OpenOffice? Read more »

Amazon Web Services
photo: Flickr/Will Merydith

With its new marketplace for reserved instances, Amazon Web Services has taken another step towards turning cloud computing into a commodity. But Dr. James Mitchell, CEO and founder of the cloud broker-dealer Strategic Blue, thinks AWS needs to implement more commodities market best practices. Read more »

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