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Bank of America’s $3 billion in annual IT spending is paying off -- and growing double-digits

CEO Brian Moynihan: "Our technology spending will go up 15% this year"

Morgan Stanley CEO James Gorman: “I'm perfectly happy to see our tech spend go up” 

Cloud, robo-advisors among priorities...

Oracle's HeatWave comes to AWS, as Ellison vows "shock" poaching of AWS customers

Gross margin for cloud services and license support was 81%...

MongoDB shrugs off economic slowdown in storming quarter, adds record new customers

Customers are focussed on removing complexity from their stack...

Salesforce's earnings are the latest canary in the coal mine of the global economy

Retail, consumer goods and communications and media most impacted so far...

Zoom targets aggressive enterprise growth as its UCaaS offering expands

“Zoom Phone was a real star in Q2”

Meta’s “Horizon” virtual world may be about to explode. Here's why

Meta's burning through billions building a "metaverse" -- it might be about to start getting users too...

Microsoft layoffs cost it $113m in Q4: That's just 5 hours' earnings

Redmond made $6,000 per second in fiscal 2022.

McDonalds CEO: Robots won't take over our kitchens

McDonalds spends $1 billion on technology annually, but...

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