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Stockreport

The FTC is readying an investigation into Microsoft's cloud-computing business: report [Business Insider]

Amazon.com, Inc. (AMZN)  More Company Research Source: Business Insider
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml%3fc%3d97664%26p%3dirol-irhome
The investigation is part of a probe into anticompetitive practices among cloud service providers. Cloud computing is a multibillion dollar industry that includes players like Amazon, Microsoft, and Google. The Federal Trade Commission is reportedly gearing up to launch an investigation into Microsoft's cloud computing platform, Azure, based on allegations that the company is using anti-competitive tactics to maintain its dominance in the cloud market. The FTC is examining claims that Microsoft has imposed punitive licensing agreements to block customers from moving their data off its platforms to competitors, the Financial Times reported , citing people with direct knowledge of the probe. Microsoft and the FTC did not respond to Business Insider's request for comment. The tactics it may investigate include hiking subscription fees for customers who want to leave or steep exit fees and making its platform incompatible with competitors, sources told the FT. The probe would [Read more]
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Stockreport

The FTC is readying an investigation into Microsoft's cloud-computing business: report [Business Insider]

Amazon.com, Inc.  (AMZN) 
More Company Research Source: Business Insider
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml%3fc%3d97664%26p%3dirol-irhome
The investigation is part of a probe into anticompetitive practices among cloud service providers. Cloud computing is a multibillion dollar industry that includes players like Amazon, Microsoft, and Google. The Federal Trade Commission is reportedly gearing up to launch an investigation into Microsoft's cloud computing platform, Azure, based on allegations that the company is using anti-competitive tactics to maintain its dominance in the cloud market. The FTC is examining claims that Microsoft has imposed punitive licensing agreements to block customers from moving their data off its platforms to competitors, the Financial Times reported , citing people with direct knowledge of the probe. Microsoft and the FTC did not respond to Business Insider's request for comment. The tactics it may investigate include hiking subscription fees for customers who want to leave or steep exit fees and making its platform incompatible with competitors, sources told the FT. The probe would [Read more]
IMPACT SNAPSHOT
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AMZN
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Price Change %
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%
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Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
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High:
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%
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%
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PRICE CHANGE PERCENTAGE
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%
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EVENT DAY
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PERFORMANCE SINCE EVENT
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