
IBM tests blockchain with major banks
New platform
Big Blue along with foreign exchange settlement provider CLS, Barclays ad Citigroup and several other banks are testing a platform to access blockchain-based applications.

SK Hynix expects cloudy boost
Thanks for the memory
Chipmaker SK Hynix said global demand for cloud computing should underpin DRAM chip sales for the rest of the year, as it posted record second quarter profits on Thursday despite worries over the weak flash memory market.

Atos buys Syntel
Cloudy future
French technology services company Atos is to acquire Syntel in an all-cash transaction valued at about $3.57 billion, including net debt, the companies said.

Microsoft doing well thanks to cloud
The future is cloudy
Microsoft posted quarterly profit and revenue that beat analysts’ estimates, as more businesses signed up for its Azure cloud computing services and Office 365 productivity suite.

Alphabet brings balloon internet to Kenya
Loony Tunes? We don't think so
A division of Alphabet – Google's parent company – has struck a deal with Telkom Kenya to bring the internet to people of the country.