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Marketplace All-in-One

Cloud wars: Amazon and Google tackle Microsoft

Marketplace All-in-One

Marketplace

News, Business

4.51.4K Ratings

🗓️ 6 December 2023

⏱️ 7 minutes

🧾️ Download transcript

Summary

From the BBC World Service: In the United Kingdom, Amazon and Google have called out Microsoft’s cloud computing practices, alleging that the tech giant is restricting customer options. The multi-billion dollar sector is being investigated by the U.K.’s anti-trust authority. Plus, Vladimir Putin heads to the Middle East. And, amid rising tensions with an oil-rich neighbor, how is Venezuela’s economy faring?

Transcript

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0:00.0

Amazon and Google are thundering over Microsoft's cloud rules.

0:05.0

Hello and you're listening to the Marketplace Morning Report

0:08.0

live from the BBC World Service.

0:10.0

I'm Leanna Byrne.

0:11.0

Have a very good morning and thanks for tuning in.

0:13.2

Amazon and Google have called out Microsoft's cloud computing practices, alleging that the

0:17.2

tech giant is restricting customer options. Cloud storage, that's where you pay to store files and data on remote servers rather than the devices themselves,

0:26.0

are worth up to $90 billion globally.

0:29.0

The sector is currently being investigated by the UK's competition watchdog over whether it's

0:34.0

competitive enough to provide value to consumers. Nicky Stewart has worked in the

0:37.8

industry and as a former head of IT strategy in the government.

0:40.9

Effectively what Microsoft has been doing and is doing. in the services if Microsoft licenses are deployed on a competitors cloud platform.

0:56.0

It means that ultimately cloud customers may be driven to Microsoft as opposed to a more appropriate

1:02.3

solution for them simply because other things become far too expensive

1:06.7

and cloud is big money Microsoft software is ubiquitous we all know that say there is the potential here for them to get an unreasonably

1:16.7

huge share of what is a huge market.

1:20.4

It's very interesting to see that competitors are now calling Microsoft out in this way.

1:25.0

That was Nicky Stewart and in response Microsoft has accused Amazon of funding a third party group pushing for a regulatory intervention and says that major players in

1:34.0

cloud computing already have the resources to compete without the UK watchdog

1:38.0

getting involved. Okay let's do the numbers. In October new orders for German industry took a hit dropping by

1:44.8

3.7% from the previous month dealing another blow to Europe's biggest economy and

1:49.6

2i one of the world's largest travel firms, is thinking about quitting the London stock exchange

...

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