Google Cloud Ditches Intel, Taps AMD for New Services
AMD and Google Cloud have declared that Google will offer cloud computing services based on AMD’s newest data center chip, a move likely to intensify AMD’s push to grab market share from rival Intel Corp.
Google will start offering services based on AMD’s ‘Milan’ server chip, which AMD released in March. Google said customers such as Snap and Twitter are testing the new AMD-based services.
AMD has been gaining market share against Intel, which was long the dominant player in data center chips but whose offerings have inferior performance on some measures because of years of stumbles in Intel’s manufacturing operations.
Microsoft Names Satya Nadella as the New Chairman
Microsoft has appointed its India-born CEO Satya Nadella as the technology giant’s new Chairman, an additional role in which he will lead the work to set the agenda for the board.
Nadella succeeds the outgoing chairman John Thompson and will retain his position as CEO as well. Thompson, who took over as chairman from the software giant’s co-founder Bill Gates in 2014, will serve as lead independent director.
Nadella, who succeeded Steve Ballmer to become Microsoft’s CEO in 2014, has been instrumental in scaling up its business including billion-dollar acquisitions like LinkedIn, Nuance Communications and ZeniMax, as well as helped transform the company into a leader in cloud computing in recent years.
India Tops in Number of Finance App installs Globally
Fintech apps are experiencing a high demand of 132 percent increase in downloads globally, and a 26 percent YoY growth during 2019 to 2020 in India, according a recent research report.
More than 80 percent of Finance app installs in India were for financial services, as the market continues to be dominated by wallet apps and other services. Investment apps also took a fair pair of the pie due to an increase in installs, according to The State of Finance App Marketing report from AppsFlyer, a global marketing measurement firm.
Globally, the uptick in Fintech adoption was led by the developing nations- India, Brazil, and Indonesia, contributing to almost half of the global number of downloads. The average number of downloads in developing markets was observed as 70 percent higher than the average in developed markets.
