Cloud Innovations

Cloud ramp up weighs on Oracle's profit view, shares fall

Oracle Corp on Tuesday forecast current-quarter profit below Wall Street estimates, as the business software maker ramps up investments in its cloud computing business to take on rivals including Microsoft and Amazon.com.

Salesforce posts record sales

Salesforce.com Inc. posted record sales and lifted its outlook for the current year as the business software provider benefits from a broader embrace during the pandemic of software services among enterprise customers.

IBM explores sale of Watson Health

International Business Machines Corp. is exploring a potential sale of its IBM Watson Health business, according to people familiar with the matter.

Cloud wars heat up as Salesforce zeros in on Slack

The battle for control of the cloud-based communication, increasingly critical as more Americans work remotely, is heating up amid reports Salesforce.com is in advanced talks to buy workspace messaging platform Slack Technologies.