Facebook reached an agreement to buy Instagram for $1 billion according to Mark Zuckerberg’s Facebook  “Timeline” .  “I’m excited to share the news that we’ve agreed to acquire Instagram and that their talented team will be joining Facebook.” Zuckerberg says Instagram will help Facebook offer the best experience for sharing beautiful mobile photos with people…

In today’s increasingly instrumented and interconnected world, business leaders are seeking ways to leverage strategies that optimize growth, improve agility, driver higher-value customer relationships and lead to increased revenue. Many see cloud as the answer. In fact, a recent IBM Institute for Business Value study found that 90 percent of organizations expect to adopt or substantially deploy a cloud…

Cloud storage is one of the many ways that organizations are leveraging cloud services today. With public and private cloud storage available from a number of well-known providers such as Amazon, AT&T, Nirvanix, RackSpace, Google, HP and OpenStack, and cloud storage gateway technologies enabling instant integration of cloud storage into existing IT storage environments, businesses…

For small business owners, security is the most important concern when it comes to cloud computing.  Here is an infographic by MegaPath Security Services that serves as a resource for small business owners looking to protect themselves from the hacker community that discusses the new security challenges that small businesses should be aware of when doing  business via cloud computing…

By Chris Brenton During its March patch cycle, Microsoft quietly fixed a remote code execution problem with the Remote Desktop Protocol (RDP). RDP is the service used for remote Windows system management, as well as remote desktop services. Identified as CVE-2012-0002, the exploit can permit an attacker to execute any command on the target system…

Violin Memory, Inc., today announced $50 million in Series D funding, putting the company at a market value of more than $800 million. Investors include long time partners Toshiba and Juniper Networks in addition to new investors SAP Ventures and Highland Capital, among others. With this latest round, Violin continues to be one of the…

CloudTimes recently visited Piston Cloud’s offices in San Francisco and interviewed CEO Joshua McKenty. Piston Cloud Computing, Inc. is an enterprise OpenStack company. Founded in early 2011 by technical team leads from NASA and Rackspace, PistonCloud’s technology is built on OpenStack, the fastest-growing, massively scalable open source cloud framework. The company’s core product, Piston Enterprise OSTM (pentOS) is the first cloud operating system built…

As we approach the one year anniversary of the start of the Software-Defined Networking (SDN) movement, there is no doubt the concept has garnered great fanfare with vendors and service providers alike. We recently talked with Sharon Barkai, founder of SDN start-up ConteXtream to discuss the state of software-defined networking.   CT: Can you provide…

dotCloud is a new kind of PaaS designed for the FullStack Development enabling developers to build, deploy and scale applications in the cloud using virtually any combination of language and database without the need for additional hardware or software. The San Francisco-based company announced today the immediate availability of support for WebSockets, MongoDB 2.0 and…