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Google’s (GOOGL) new round of cloud computing services price cuts targets Amazon Web Services but will ratchet up pressure on Rackspace Hosting, Microsoft and other rivals. Google on Monday slashed prices on average 15% to 20% on three cloud products. AWS, part of e-commerce giant Amazon.com (AMZN), may need to fire back, says Oppenheimer analyst Tim Horan, in a report. “This is the second year Google has been a price cut leader, and we expect AWS Scalper1 News
Scalper1 News