Category: data storage

Data Storage Clocks 97 Percent Revenue Growth in Q4 Due to Rising Cyberattacks

April 1, 2022
Business & EconomyCompaniescyber securitydata storageeconomyrevenue
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Business continuity solutions provider Data Storage Corp. reported fourth-quarter FY21 revenue growth of 97.1 percent year-on-year. Data Storage reported FY21 revenue growth of 59.6 percent Y/Y to $14.9 million. Data Storage achieved positive adjusted EBITDA in Q4 and FY21. The company reported FY21 EPS of $0.03 against $0.02 last year. Data Storage held $12.1 million in cash and…

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Russia Fines Google for Violating Data Storage Law

July 29, 2021
courtdata storageEuropeGooglepersonal dataSocial MediaTechWorld
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MOSCOW—A Moscow court ordered Google on Thursday to pay a fine of 3 million rubles (roughly $41,000) for refusing to store the personal data of Russian users on servers in Russia, a move that is part of the government’s longstanding effort to tighten its grip on online activity. The fine is the first one given…

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MPs Push Australian Govt. Over Contract Extension with Chinese Owned Data Centre

June 2, 2021
AustraliaChinadata storageWorld
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Australian Independent MP Andrew Wilkie on June 2 called on the Department of Defence to explain why it extended its contract with a foreign-owned data storage company to house sensitive government and strategic data for another five years, despite initial intentions to end the lease arrangement by September 2020. Amid increasing geostrategic competition in the Indo-Pacific,…

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