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The massive charge is related to HP’s enterprise services arm constructed around its $14 bilion purchase of Electronic Data Systems (EDS) in 2008. The company will announce its third quarter earnings on August 22. Read more »

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BMC, a specialist in the systems management technology used in traditional data centers, is buying VaraLogix to make it easier to deploy and update multi-tier applications. This deal follows BMC’s acquisition last year of StreamStep and its application delivery know-how. Read more »

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A UBS analyst is calling for the breakup of Hewlett-Packard arguing that the separate parts are way more valuable than the whole. Ironically, that’s the kind of thinking that got former CEO Leo Apotheker booted last year. Read more »

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Rackspace CMO Suaad Sait.

With its OpenStack cloud now ready for its closeup, Rackspace is rebranding itself to emphasize open cloud as opposed to its hosting roots. Company CMO Suaad Sait said the company will continue to stress “fanatical support” as a key differentiator. Read more »

Steve Wozniak

Not everyone is enamored of the notion of cloud computing. Count Apple co-founder and tech icon Steve Wozniak among the skeptics. Woz worries that consumers putting their information into the cloud sign away their rights to it. “I want to own things,” he said. Read more »


Many SaaS startups will eventually be acquired. Unfortunately, most of the acquiring companies don’t use SaaS metrics. As Matt Fates of Ascent Venture Partners explains, if potential acquirers don’t recognize the overall value of a SaaS company, negotiations will be hindered from the start. Read more »

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Microsoft issued a fuller explanation late Thursday for the 2 hour outage that afflicted Windows Azure in Europe a week ago. If vendors want to bring more businesses into their respective clouds they need to be fully forthcoming about operational issues and their causes. Read more »


High-performance web applications are often hamstrung by sluggish IO. Amazon is now attacking that problem with new Provisioned IOPS block storage volumes and the ability to direct-connect those volumes to select EC2 compute instances over a 1000 Mbit/sec pipe. Read more »

photo: Photo courtesy Dropbox

Dropbox reports that the recent spam attacks that impacted some European customers occurred when hackers used passwords obtained from outside sites to access some Dropbox accounts. The company promised a new two-factor authentication option and offered other tips. Read more »

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Amazon is offering customers unprecedented deals to stick with its cloud services. Some big companies can get annual “true up” deals while many report incentives to use reserved, rather than on-demand, instances. And Amazon is making an effort to keep startups in the fold. Read more »


Analytics startup Birst thinks it can make data warehouses more useful by letting business users inside of them. Its new Distributed Business Analytics product puts departmental sandboxes right inside the warehouse, letting users interact with all the data they need from a central location. Read more »


Box will use the $125 million to expand its international presence beyond a new London office, says CFO Dylan Smith. The Series E cash influx led by General Atlantic Partners, brings total funding for the enterprise cloud storage player to a whopping $287 million. Read more »

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