The UK has launched a probe into the cloud market to assess whether Amazon, Microsoft and Google are limiting competition and innovation, as it steps up its scrutiny of Big Tech. AWS, Microsoft Azure and Google, referred to as “hyperscalers” because of the size of the data centres used to process and store data, generate about 81 per cent of revenues in the £15bn UK cloud market, having increased their share from 70 per cent in 2018, according to Ofcom, the communications regulator.
Slack founder Stewart Butterfield chats with Yahoo Finance Live about the environment for technology companies.
Microsoft Corp (NASDAQ: MSFT) security chief Charlie Bell reorganized, combining groups scattered across businesses like Azure cloud, Windows, and Office, and hired some new executives while eliminating some open roles as the company aspired to become a security leader amid rampant nation-state hacking, and the war in Ukraine. The former Amazon.com Inc (NASDAQ: AMZN) cloud-computing executive combined Microsoft's lab for tracking cybercrime gangs with cybersecurity research units under John Lamb