News Formal

Amazon faces US antitrust scrutiny on cloud business - Bloomberg

  • 📰 NST_Online
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 53%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

NSTworld: The U.S. antitrust enforcers have been asking software companies about practices around Amazon’s cloud unit Amazon Web Services. FederalTradeCommission

The U.S. antitrust enforcers have been asking software companies about practices around Amazon’s cloud unit Amazon Web Services, the report said.In cloud computing, one of the fastest-growing areas in the technology industry, businesses rent out servers from Amazon instead of running their own data centers.

Analysts expect Amazon’s cloud unit, which is the global leader in terms of market share, to generate US$34.9 billion in sales in 2019, according to IBES data from Refinitiv. --Reuters

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:

 /  🏆 17. in MY
 

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

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.

Hong Kong leader warns US law will hurt business confidenceHONG KONG: Hong Kong leader Carrie Lam said on Tuesday U.S. legislation supporting protesters may damage business confidence in the financial hub, as she announced a fourth round of relief measures to boost the city’s battered economy.
Source: NST_Online - 🏆 17. / 53 Read more »