Tag Archives: amzn

Amazon Cloud Business Threatened By New Google Exec

Amazon (AMZN) and its cloud business are likely going to face vigorous competition from Alphabet’s (GOOGL) Google for its now-dominant cloud computing business, as Microsoft (MSFT) and other competitors continue to struggle to gain market share. Late Thursday, Google CEO Sundar Pichai announced in a blog post that the tech-giant has hired former VMWare (VMW) CEO Diane Greene to lead the firm’s cloud operations. The new team will combine Google for

Amazon, Apple Audiobooks Deal Under Antitrust Review

Amazon.com (AMZN) and Apple (AAPL) are under investigation by German antitrust authorities over their market dominance selling audiobooks. Amazon subsidiary Audible is the exclusive supplier of audiobooks to Apple’s German iTunes store. Combined, the two companies sell about 90% of the audiobooks in Germany, according to the Financial Times . “Both companies hold a strong position in the market for digital audiobooks in Germany,” Andreas Mundt,

Amazon, Microsoft Tighten Grip On Cloud Market

For the third consecutive quarter, the three biggest cloud computing vendors gained market share, while smaller vendors lost share, investment bank Goldman Sachs said in a report Thursday. Amazon.com’s (AMZN) Amazon Web Services continued to hold a massive lead in the third quarter with 36.9% share, up from 33.9% in Q2. Microsoft (MSFT) came in second with 8.7% market share in Q3, up from 6.8% in Q2. Salesforce.com (CRM) was third with 4.7%