CLOUDY WITH A CHANCE OF SUCCESS: IBM has quadrupled the number of cloud data facilities it offers around the world to 49 in the past 18 months, responding in part to laws requiring the local retention of data following revelations over US government Web surveillance as well as increased corporate compliance rules.
International Business Machines Corp said it bought Ustream Inc, an online video streaming service provider, to boost its cloud offerings for businesses.
Ustream, which counts NASA, Samsung Electronics Co Ltd, Facebook Inc, Nike Inc and Discovery Channel among its customers, offers both live and on-demand video to about 80 million viewers per month.
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