Movielink and Verizon announced the launch of a co-branded movie downloading service for Verizon Online's consumer broadband subscribers -- "Verizon Online's consumer DSL and FiOS Internet Service customers can now purchase and download movies to watch at home or on-the-go through this special agreement with Movielink. The new service offers a full library of titles, including a special selection of hit films for 99 cents or less from Movielink, the first broadband video-on-demand (VOD) service to offer hundreds of major motion pictures for legitimate download. A broadband connection is required to download the movie, but once it's on their hard drive, users can view it at any time from home or on the road without being connected."
The global cloud computing market is undergoing new significant growth, driven by the rapid adoption of artificial intelligence (AI) and the demand for flexible, scalable infrastructure. The recent market study by International Data Corporation (IDC) provides compelling evidence of this transformation, highlighting the accelerating growth in cloud infrastructure spending and the pivotal role of AI in shaping the industry's future trajectory. Shared Infrastructure Market Development The study reveals a 36.9 percent year-over-year worldwide increase in spending on compute and storage infrastructure products for cloud deployments in the first quarter of 2024, reaching $33 billion. This growth substantially outpaced non-cloud infrastructure spending, which saw a modest 5.7 percent increase to $13.9 billion during the same period. The surge in cloud infrastructure spending was partially fueled by an 11.4 percent growth in unit demand, influenced by higher average selling prices, primari