Amazon Web Services’ customers are spending the most on cloud computing services as AWS gains market share vs. Google (GOOGL) and other rivals, says Cowen & Co., which upped its price target on Amazon.com (AMZN) stock. Cowen analyst John Blackledge hiked his Amazon price target to 435 from 370. In a Cowen survey of 200 companies, AWS customers had the highest planned spending growth among public cloud service providers, which include Microsoft
Google (GOOGL)-owned online mapping company Waze is launching a carpooling pilot program in Israel, marking the latest service to emerge in the increasingly competitive field of ride-sharing ignited by companies including Uber and Lyft. Commuters who use Waze’s RideWith app will pay fellow drivers a small fee for rides to and from work, according to Reuters . RideWith uses the Waze navigation system to learn the routes that drivers typically take
Wireless phone companies will be better positioned to fend off Wi-Fi based competition from Google (GOOGL) and cable TV companies if they eliminate high data roaming charges, especially for international travelers, says Bernstein Research in a report. Europe’s wireless service providers will stop charging customers cross-border roaming fees starting in June 2017 under rules passed last week by the European Union. While the new wireless rules will