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Tag: Microsoft


Amazon to appeal Pentagon decision to award Microsoft $10bn cloud contract

17

Nov 2019

Amazon to appeal Pentagon decision to award Microsoft $10bn cloud contract

Amazon will appeal the US department of defense’s decision to award Microsoft a major cloud contract. Amazon, which already provides cloud computing for the Central Intelligence Agency, had been favourites to win the contract worth $10bn over 10 years. The company has now lodged its intention to appeal, claiming the decision was made due to political pressure. US President Donald Trump threatened to intervene in...

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Amazon emerges as the most valuable US company

10

Jan 2019

Amazon emerges as the most valuable US company

Surpassing Microsoft as the world’s most valuable public company, Amazon has been named as the most valuable publicly-traded company in the US with a market value of $796.8bn. Microsoft closed up 0.1 per cent on Monday with a market capitalization of $783bn. It is the first time that Jeff Bezos’ Amazon has held the top spot. Bezos is the world’s wealthiest man with riches of...

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