Tencent's $70 billion investment plan in cloud computing will pit it against US providers - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Tencent will go head-to-head against US-based cloud providers as it looks to capitalize its cloud investments in markets outside of China

in the world in terms of cloud infrastructure revenues — both US- and China-based cloud providers have expanded their cloud infrastructure such that they compete head-to-head.

Indonesia and India will be crucial to Tencent's ambition to expand its cloud footprint and chip away at the Indonesia's cloud services market was expected to grow at a 29% annual rate in 2019, behind only China,

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Mabye invest in a not so intrusive anti cheat system.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tencent pledges $70 billion investment in high-tech areas as Beijing pushes digital infrastructureChina has been pushing the development of 'new infrastructure' which includes the development of technology like 5G and artificial intelligence. Tencent's investment will bolster that effort. That $70 billion will probably go towards espionage capabilities which will be used to steal more American IP 🙄 Any investors do business in China or HK here? Pls follow the action of to kowtow.
Source: CNBC - 🏆 12. / 72 Read more »

David Booth: Investment plan to stabilize money in an COVID-19 market - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

The Internet of Medical Things report - Business Insider - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

UK Parliament voices cash infrastructure concerns - Business Insider - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »