Verizon again made a milestone when it acquired CloudSwitch last month; this was following its earlier purchase in January of Terremark, a premier cloud storage provider. The latest acquisition of CloudSwitch is expected to boost the cloud enterprise value of Verizon. This is following the global trend from big mobile and smartphone providers like AT&T,…

Amazon Web Services announced today that it has received Federal Information Security Management Act (known as FISMA) Moderate Authorization and Accreditation from the U.S. General Services Administration. FISMA is a US federal law that was enacted in 2002 recognizing the importance of information security to the economic and national security interests of the United States….

Deutsche Telekom AG’s T-Systems IT is trying to influence European regulators to forge a certification system for German cloud operators to protect their data storage against the US government. T-System’s IT is planning to market their cloud product by banking on their security features that will guard its servers from other Internet cloud users. This…

3 of the biggest telecommunication firms in Taiwan announced recently that they will invest on a multi billion project on cloud computing solutions.  Chunghwa Telecom Co., Ltd., Taiwan Mobile Corp. and Far EasTone Telecom Co., Ltd. each stated their investment plans in three separate announcements. Chungwa, currently holds the top spot among Taiwan’s telecom companies….

The Malta government has finished signing an agreement with Microsoft Corporation that officially sealed the partnership for a Microsoft Innovation Centre (MIC) in Malta in 2012, which will have its primary focus on the cloud computing infrastructure. For this project alone Malta government and Microsoft will be investing a huge €3 million. The partnership will…

Today’s Startup Battlefield featured newcomer Bitcasa, showing you what a world with infinite storage will look like. CEO Tony Gauda demonstrated the power of Bitcasa, by streaming not one but two 1080 dpi movies – and at the same time. Why you’d care about Bitcasa: Infinite storage: Bitcasa makes the hard drive infinite. Through seamless…

Mindjet announced today a collaborative work management software that improves how groups of people work together. The new software, called Mindjet Connect, is a cloud-based service that helps groups visualize their best ideas and plans, securely manage and share files, get teams on the same page and access information anywhere, at any time. Mindjet Connect…

Insight, opportunity and growth abound at Mobilize 2011. CloudTimes is a media sponsor for the two day event, which will unveil the newest opportunities at the crossroads of mobile and cloud computing – from products and services to new technologies and emerging markets. Register today to claim your spot next to GigaOM Pro analysts, GigaOM…