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Amazon, cloud computing

Amazon slides after cloud computing growth underwhelms investors

Amazon.com shares dropped nearly 8% before the bell on Friday, after growth in its cloud computing unit failed to impress investors, in contrast to the robust gains reported by AI-focused rivals Alphabet and Microsoft .

The Independent on MSN · 59m

Amazon and Microsoft harming competition in cloud computing, finds CMA

The UK’s cloud computing market is “not working well” and conduct requirements should be considered for the sector’s two main players, Microsoft and Amazon, according to the competition watchdog.The final report from an independent inquiry group of the Competition and Markets Authority (CMA) has found that Microsoft and Amazon Web Services (AWS) are hurting competition in the cloud computing sector.

The Wall Street Journal on MSN · 8h

Amazon Shares Fall Because Cloud Unit’s Growth Wasn’t Enough for Wall Street

The company’s quarterly sales results exceeded Wall Street’s expectations.

Microsoft's Azure cloud revenue surges

Associated Press News on MSN · 1d

Microsoft’s annual cloud revenue hits $75B, profit beats expectations

Microsoft reveals that its Azure cloud computing platform has generated over $75 billion in annual revenue, marking a 34% increase from the previous year.

Geekwire on MSN · 1d

Microsoft beats expectations, reveals Azure revenue for the first time — $75 billion a year

Microsoft significantly exceeded earnings expectations for the June quarter and disclosed its standalone annual Azure revenue for the first time — providing new clarity into how it stacks up against Amazon and Google in the cloud.

Hosted on MSN · 1d

Microsoft's Azure cloud revenue surges as AI spending pays off

Microsoft's Azure cloud-computing business delivered another quarter of blockbuster growth on Wednesday, powering revenue above Wall Street's expectations and showcasing the growing returns on its massive artificial intelligence bets.

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Amazon shares drop after cloud unit results disappoint

LONDON (Reuters) -Amazon shares fell 7% on Friday in Europe after the company delivered an upbeat outlook for third-quarter ...

2hon MSN

UK regulator says Microsoft and Amazon’s cloud dominance hurts competition

The United Kingdom’s antitrust authority says that Microsoft and Amazon Web Services (AWS) are hurting competition in cloud ...

45m

UK looks to stop "harmful" cloud domination by AWS, Microsoft - but the tech giants are hitting back

The UK's Competition and Markets Authority (CMA) has determined Britain's cloud market shows too many anticompetitive traits, ...

14hon MSN

Why Rigetti Computing Stock Is Soaring Today

Rigetti Computing shares jumped after Microsoft signaled quantum computing as the next leap in cloud technology.

9hon MSN

Cloud partnerships with Chinese state industry poses grave danger to American data security, new report finds

Amazon and Microsoft are required to transfer foreign data, including that of Americans, to the Chinese Communist Party upon request, according to the report.

1don MSN

Microsoft’s Cloud Unit Bolsters Earnings

Much of Microsoft’s recent growth has come through the cloud business, which AI companies have been using to host models.

Cloud server startup Oxide Computing raises $100 million

Cloud server builder Oxide Computer Company on Wednesday said it has raised $100 million in financing to help the company expand its manufacturing capabilities and get new products out the door faster ...

2don MSN

The Cloud Computing Risk for the Economy That Many Don't See Coming

Cloud computing is the invisible backbone of many modern businesses, including banks, airlines, e-commerce companies, healthcare providers, and logistics firms. Yet, beneath this digital progress lies ...

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