Dina Bass writes that Amazon’s cloud-computing price cuts are challenging rivals. The online retailer’s AWS saw price cuts of as much as 37 percent on March 5 and Microsoft responded days later with reductions on its rival Azure services.
It’s another round of a race to the bottom, and this won’t be the last one,” said Colin Gillis, an analyst at BGC Partners in New York. “Amazon has made it pretty clear that they are interested in share over profits, at least for now.”
Read the Full Story.