Amazon, AWS, Google Cloud, Alibaba Cloud, Microsoft Azure

Liftr Cloud Look Ahead: Alibaba Focuses on Cloud, Diane Green Leaves Google, Insights from AWS re:Invent, and More!

  Alibaba Focuses on Cloud Daniel Zhang, Alibaba Group’s chief executive, announced last week that the company will be restructuring its Tmall e-commerce business and upgrading its Alibaba Cloud business unit as the cloud becomes more important strategically. The restructure arrives after Alibaba’s record-breaking sales of $30.8 billion during Singles Day late last month and is the first restructure under…

Oracle shares have nosedived following the company’s disappointing cloud computing sales that missed Wall Street projections.

Oracle Shares Tumble Following Weak Cloud Forecast

Oracle’s stock has taken its biggest nosedive in three months following the company’s disappointing cloud computing sales that missed Wall Street projections. The tech giant’s second-quarter cloud revenues fell short of analysts’ estimates, and it also gave a disappointing cloud growth forecast for the current quarter. The miss for last quarter and the lower-than-expected forecast…

Several IT industry groups, along with IBM and Oracle, are raising concerns that the Pentagon award a contract to a single cloud provider

IBM, Oracle and several IT Industry Groups Raise Concerns Pentagon Could Favor One Cloud Provider for Major Contract

Several IT industry groups are raising concerns that the Pentagon could award a contract potentially worth billions of dollars to a single cloud provider, a move the groups argue could give one company an unfair advantage while also locking a key federal agency into one company’s technology. The Defense Department has issued a solicitation asking…