Tag Archives: Microsoft

Google Downplays Microsoft Cloud Potential Versus Wall Street; Analyst Disagrees

Google Downplays Microsoft Cloud Potential Versus Wall Street; Analyst Disagrees

Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) Google has for years struggled to improve its position in the cloud market versus leaders like Amazon.com Inc (NASDAQ: AMZN) and Microsoft Corp (NASDAQ: MSFT). An internal estimate by Google, from a leaked Microsoft document and some extrapolation of other market statistics, indicated Google Cloud believes it’s closer to second place than analysts think, CNBC reports. Google estimated that Microsoft generated under $29 billion in Azure… Source link

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Microsoft Azure losing money on $29 bln in revenue

Microsoft Azure losing money on $29 bln in revenue

Satya Nadella, chief executive officer of Microsoft Corp., during the company’s Ignite Spotlight event in Seoul on Nov. 15, 2022. SeongJoon Cho | Bloomberg | Getty Images Google has for years been playing catch-up in the cloud infrastructure market, where it’s seen in the industry as a distant third in the U.S., behind Amazon and Microsoft. The challenge for investors is that the three companies don’t report cloud infrastructure metrics in a way that makes them easily comparable. However, an… Source link

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Linux, Amazon, Meta, and Microsoft want to break the Google Maps monopoly

Linux, Amazon, Meta, and Microsoft want to break the Google Maps monopoly

Enlarge / The Overture Maps logo. Overture Maps Foundation Google Maps is getting some competition. The Linux Foundation has announced Overture Maps, a “new collaborative effort to develop interoperable open map data as a shared asset that can strengthen mapping services worldwide.” It’s an open source mapping effort that includes a list of heavy hitters: Amazon Web Services (AWS), Meta, Microsoft, and TomTom,… Source link

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Google’s stranglehold on the mapping space could be challenged by new initiative from Meta, Microsoft, Amazon, and others

Google’s stranglehold on the mapping space could be challenged by new initiative from Meta, Microsoft, Amazon, and others

Meta, Amazon Web Services (AWS), Microsoft, and mapping company TomTom have launched a new mapping initiative in partnership with The Linux Foundation that could challenge the dominance Google holds in the mapping world, TechCrunch reports. The recently launched Overture Maps Foundation aims to encourage the development of new map products with openly available databases members can contribute to and reuse across companies and apps. It will additionally use open data that already exists from… Source link

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Amazon, Google, Microsoft and Oracle Share DoD Cloud Contract

Amazon, Google, Microsoft and Oracle Share DoD Cloud Contract

The U.S. Department of Defense has awarded contracts with a combined potential value of up to $9 billion to Amazon, Google, Microsoft and Oracle under the Joint Warfighting Cloud Capability (JWCC) program. JWCC is the successor to Joint Enterprise Defense Infrastructure (JEDI), which attracted contracting controversy and was canceled last year in favor of a multi-cloud approach. Each of the four companies has been awarded a hybrid (firm-fixed-price and time-and-materials,… Source link

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Apple, Amazon, Microsoft and Google will fuel the next rally

Apple, Amazon, Microsoft and Google will fuel the next rally

To build a fire — but not destroy the market by doing so. That’s the goal right now. It’s not as easy as in the famous Jack London short story (“Too Build a Fire”) where in the end the survivors profit rather than freeze to death in their sleep. In the early part of this decade, we saw the rise of Robinhood (HOOD) and the distribution of investments from the serious to the ephemeral. These days, Robinhood has the appearance of one gigantic bonfire of young peoples’ money. The gamification… Source link

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Amazon, Google, Microsoft, Oracle get $9 billion Pentagon cloud deal

Amazon, Google, Microsoft, Oracle get $9 billion Pentagon cloud deal

The Pentagon building in Washington, D.C. Staff | AFP | Getty Images The Pentagon said Wednesday that Amazon, Google, Microsoft and Oracle received a cloud-computing contract that can reach as high as $9 billion total through 2028. The outcome of the Joint Warfighting Cloud Capability, or JWCC, effort is in line with the U.S. Defense Department’s effort to rely on multiple providers of remotely operated infrastructure technology, as opposed to relying on a single company, a strategy promoted… Source link

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