Microsoft Corp. on Tuesday announced a new round of technologies aimed at making its cloud computing services work in data centers it does not own—including the cloud data centers of its rivals. The strategy, Microsoft executives and analysts say, has been key to the company’s rise in the cloud computing infrastructure market, which research firm…
Bank of England Sees Potential Risks From Cloud Data Providers
LONDON—The Bank of England might strengthen its controls on cloud data providers and other technology firms to counter possible risks to the stability of the financial system from the rise of fintech, Deputy Governor Dave Ramsden said. The Bank of England (BoE) has expressed concerns before about the reliance by financial firms, especially fintech startups,…
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