Top Five Legal Issues For The Cloud

Zacks.com submits: After implementing its restructuring plan and reducing its workforce by 8.0%, CA Inc. (CA) has now turned its focus on enhancing its cloud computing portfolio. The company recently came up with a new technology, christened as CA Agile Vision Team Edition. This technology will run on the Force.com platform provided by the cloud computing major Salesforce.com (CRM).

The Commerce Department’s National Institute of Standards and Technology (NIST) kicked off the second Cloud Computing Forum & Workshop today at its headquarters in Gaithersburg, Md., providing a report on the agency’s efforts to collaboratively develop a Cloud Computing Roadmap among multiple federal and industrial stakeholders.  

In just a few short years, cloud computing has become a tech that affects everyone's daily lives. Our personal files are stored in the cloud. We maintain our friendships via apps in the cloud. Mobile phones and tablets run powerful apps via the cloud, giving rise to new devices like tablets, and killing off others, like the netbook and, perhaps one day, the PC.

A bunch of big enterprise companies are lining up to buy a cloud computing company called SoftLayer Technologies, Reuters' Nadia Damouni reports.

By Michael Johnston:UBS continued an aggressive expansion of its lineup of exchange-traded notes this week, debuting a product offering leveraged exposure to a hot corner of the technology sector.

Ron Rowland submits:The first cloud computing ETF has arrived. On Wednesday (7/6/11), the First Trust ISE Cloud Computing Index Fund (SKYY) was listed for trading on the Nasdaq. Part of the reason investors had to wait so long is that like its namesake, cloud computing is somewhat amorphous, with no clearly defined boundaries and no GICS industry code.