The European Union is set to propose tighter regulations for cloud computing services in major state tenders, aiming to reduce reliance on U.S. tech giants like Amazon, Microsoft, and Google. This move is part of the EU's Cloud and AI Development Act, which seeks to boost digital sovereignty by favoring EU-developed software and hardware in public procurement. The proposal reflects concerns over data privacy and the extraterritorial reach of U.S. laws such as the Cloud Act. It follows other EU initiatives like the Chips Act 2.0, aimed at strengthening local tech industries and reducing dependence on foreign technology providers.
Sumo Logic has made its Intelligent Security Operations Platform generally available on the AWS European Sovereign Cloud, allowing enterprises in Europe to leverage AI-driven threat detection while complying with strict data residency and sovereignty...
Amazon's Prime Day event will run from June 23 to June 26 for the second year in a row, offering daily new deals to encourage extended shopping. This mid-year sale aims to boost membership in Amazon's loyalty program and promote its products, even as...
Amazon continues to be a strong investment due to its leadership in AWS cloud services and the largest AI capital expenditure budget, which fuel its future growth. The company’s development of custom silicon and enterprise AI partnerships keeps it co...
Blue Origin's New Glenn rocket exploded during a test at Cape Canaveral, severely damaging its only launchpad. NASA Administrator Jared Isaacman said the launchpad restoration could take until 2028, impacting Blue Origin's role in NASA's Artemis moon...
Amazon's low Earth orbit satellite internet project is advancing quickly, with three satellite launches completed in Q2 and over 300 satellites in orbit by mid-May. Bank of America expects commercial service to start in Q3 2026, with significant reve...
